FA News

Trump Baffles With 'No Rush' China-Trade Tweet, Delete, Retweet

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S&P 500 futures have been steadily pulling back since the tweet was first published.

Morningstar Announces 2019 Winners For Investing Excellence

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The honorees included Dan Fuss, portfolio manager of the Loomis Sayles Bond Fund.

Reverence Capital Buys Advisor Group

by FA Staff

The IBD network's CEO Jamie Price says it is entering the early innings of the fiduciary era.

Lawmakers Tell IRS: Go After Wealthier Taxpayers

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As the tax gap grows, the odds of being audited shrink to less than 1%.

Corporate Bond Market's Merger Fever Leaves Some Buyers Cold

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Companies want to tap the bond market for acquisitions, but a deluge of issues might scare off investors.

AQR’s Asness: No Simple Explanation For Quant Failure In 2018

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It's hard to pinpoint just one reason multifactor strategies did poorly last year, says Cliff Asness.

Only 13% Of Investors Keep Their Parents' Advisors, Survey Says

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Once your clients' children turn 50, it will be even harder to keep them, according to Cerulli Associates.

Pimco Brings On Nobel-Winning Economist Thaler For Advisory Role

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Richard Thaler will research decision-making about retirement saving for the firm.

Strong Economy Might Augur Second Half Rate Hike

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In lieu of a recession, interest rates could rise, said Sonal Desai, CIO in fixed income at Franklin Templeton.

Eisman Says Recession Would Spur 'Massive' Corporate Bond Losses

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The corporate debt market will suffer huge losses in a recession, says Neuberger Berman's Steve Eisman.

Reverence Capital Close To Deal For Advisor Group, Bloomberg Reports

by FA Staff

Investment bankers say Reverence might pay as much as $2.4 billion for the IBD network.

Investing Is Behavior As Much As Knowledge

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Clients need to know they have some control over their own behavior, even in risky markets.

Sanders, Ocasio-Cortez Propose 15% Cap On Credit-Card Interest

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The two self-identified democratic-socialists accused banks of acting as “modern-day loan sharks.”

Should You Discount Your Firm To Help Junior Partners Buy?

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Advisors ponder discounting their own equity to give junior partners a leg up in succession planning.

The FPA Storms Capitol Hill, Regulations And SEC In Sights

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The FPA said it has concerns about several Securities and Exchange Commission proposals.

Fidelity 401(k) Accounts Soar Sixfold To $300,000 In Decade

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Those with 401(k) accounts at Fidelity saw their average balance increase six times since the financial crisis.

Goldman Tariff Trade Favors Amazon And Berkshire Over Apple

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Goldman strategists favored services sector stocks over goods-producers to weather the China trade war.

CFP Board Research Confirms Americans Are Not Ready For Retirement

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Forty percent of adults polled said saving for retirement is too complicated.

EP Wealth Acquires $500M-Plus Seattle RIA

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EP Wealth Advisors has acquired Conlon Dart Wealth Management, with more than $500 million in AUM and over 300 clients.

Advisor Pay is Declining, Despite Explosive Need For Financial Advice

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The decrease in pay for financial advisors is in line with sluggish pay growth for many other white-collar professions.