FA News

Door Cracks Open For Pot Custody With YOLO ETF

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The first actively managed pot ETF in the U.S. is breaking down barriers for the industry.

40% Of Advisors Unhappy With Their Firms, Fidelity Survey Says

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The firm found that management support and growth potential are in many cases lacking.

Blackstone To Dive Into Impact Investing Led By Goldman Alum

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Private equity rivals including KKR & Co., Bain Capital and TPG have increasingly moved into impact investing.

Once Advisors Find Their Niche, They Never Let Them Go

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Advisors who have settled into specialized practices say they would never go back to being a generalist.

Fidelity Will Offer Cryptocurrency Trading Within A Few Weeks

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But the asset manager will target institutional instead of retail customers.

Some Ways For Advisors To Reach Boomers? Social Media, Plus Golf And Wine

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A 30-something tells advisors to be bold in communicating with potential boomer clients.

More Advisors Bringing Up ESG Investing With Clients

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About 83 percent of advisors in a Nuveen survey said they felt comfortable with responsible investing.

How Advisors Can Avoid A Repeat Of 2019's Tax Hit Surprises

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Advisors can take steps now so clients can avoid the rude tax hits they suffered this year due to tax reform.

Maxine Waters Has A Plan To Get What She Wants From Wall Street

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Waters is planning to put more financial industry CEOs in the hot seat.

TD Ameritrade Expands Commission-Free ETF Platform

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The company has increased its no-commission offerings by 81 percent.

With Two Tweets, Trump Shatters Historic Calm In Global Markets

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Trump’s tweets jolted markets that had been lulled in recent weeks.

Fed Faces Skepticism Over Proposals To Improve Monetary Strategy

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Fed Chairman Jerome Powell has ruled out increasing the central bank’s 2 percent inflation objective.

LPL's Net Income Surges 66% In Q1

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The financial giant reported earnings per share at $1.79 and a 96 percent retention rate.

Energy Co. Expands Clean Generating Capability

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Greenbacker Renewable Energy Co. acquires clean energy capability for investors.

It's Time To De-risk Clients' Bond Portfolios

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Much of the corporate debt being issued now is low quality, State Street Global executive says.

BlackRock Scores In Fee War Where Winning Hurts

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Asset managers reluctantly accept lower revenue in exchange for market share as investors seek the cheapest products.

Massachusetts One-Page Fee Disclosure Mandate Moves Closer To Reality

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The Institute For The Fiduciary Standard supports the disclosure proposal as “good first step.”

Fed Voters Split With Powell Over Case For A Possible Rate Cut

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Two Fed governors discuss the possibility of a rate cut days after the chairman said cuts were unlikely.

Senate Has A Duty To Denounce MMT, Republicans Say In Resolution

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Following Modern Monetary Theory would lead to higher deficits and inflation, said the Republicans.

Pioneer Of Yield-Curve Recession Indicator Says Don't Relax Yet

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"A turning point is much more likely today than it was a few years ago,” says Campbell Harvey.