FA News

Cerity Partners Merges With $500M Hybrid RIA Karsten Advisors

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Cerity Partners of Chicago has acquired Karsten Advisors of Fort Worth, Tex., a hybrid RIA with $500 million in client assets under management.

Glenview Capital Lost $2 Billion In Assets In About Nine Months

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Glenview Capital managed $7.7 billion as of March 1, down from $12 billion at its peak in 2017.

Ex-NFL Owner Is Said To Have Ties To $850 Million Crypto Mystery

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A huge loss at a cryptocurrency exchange prompts an inquiry into an ex-Minnesota Vikings co-owner.

Low Yields Could Also Prove 'Transitory,' Buying Patterns Signal

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If Jerome Powell is right, U.S. Treasurys may be particularly vulnerable to a selloff.

Going Local's All The Rage In EM As Investors Buy Up Bond ETFs

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Demand for local-currency bond ETFs is rising as local-bond curves steepen.

Murphy Defends His Goldman-Era Support For New Jersey Tax Break

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Fellow Democrats criticized his support for tax incentives backing Goldman's move to Jersey City.

Trump's 0-for-4 Streak On Fed Choices Raises Concern On Vetting

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Republicans on Capitol Hill are becoming concerned about the president's failure to nominate Fed governors.

Goldman Sachs Downplays Near-Term Recession Risks

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Several reasons point to a lower recession risk this year, a Goldman strategist says.

Buffett’s 2,472,627% Gain Fueled Berkshire Billionaire Families

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Berkshire Hathaway investors who have stuck around since 1964 have seen a staggering gain.

Trump Hails Steel Tariffs In Defiance of GOP Request To End Them

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Almost immediately after GOP senators warned Trump on trade restrictions, he lauded tariffs on social media.

Female-Founded Fintechs Outperform All-Male Start-ups, KPMG Finds

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While there are fewer female tech founders, they generally achiever higher rates of return.

U.S. Jobs Top Forecast At 263,000 Gain; Wages Miss Estimates

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Inflation is in "Goldilocks" territory, according to to a Deutsche Bank Securities economist.

Insurance Agents Bullish On Long-Term-Care Policies

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Agents are optimistic they will sell more policies in 2019 than they did in 2018.

Bitcoin A Buy Says Strategist Who Called Late-2018 Breakdown

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Bitcoin is in the middle of a sustained recovery, says Fundstrat technical strategist Robert Sluymer.

Chinese Mom Says She Was Misled In $6.5 Million Stanford Payment

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The mother of a Stanford student said she thought she was donating for scholarships and athletics programs.

Living To 100 Requires Reimagining Life

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The co-founder of the Stanford Center on Longevity explains why 68 is the new 59.

If You're Not Helping Small Business Owners Sell, You're Missing Out

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M&A activity is soaring in all industries, creating a niche market for advisors, a lawyer says.

Moore Bails As Trump's Fed Pick Hours After 'I'm All In' Pledge

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Stephen Moore is pulling out of consideration for a Fed post hours after he said he was “all in.”

Stock Blowups Roll On At Slump-Worthy Pace Even As Market Surges

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While the S&P 500 soared, 33 of its companies suffered single-day losses greater than 10 percent.

Trump's Fed Pick Moore Says 'I'm All In' Despite Senate Concerns

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Stephen Moore faces objections to his potential Fed nomination from Senate Republicans.