FA News

A New College Scam Appears, This One Bribes For In-State Tuition

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A Delaware State University official admitted to taking bribes for giving students a break on their tuition.

Goldman Sachs Rolls Out Ultra-Short Bond ETF

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The fund is the company’s first actively managed fixed-income ETF.

Mass. Advisor's Marijuana Scam Costs Investors $8 Million, Regulator Says

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The advisor never followed through on the marijuana ventures he described to more than 100 investors, state regulators said.

Morningstar Reveals Nominess For Money Manager Awards

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Fourteen portfolio managers and management companies are vying for three awards.

U.S. Investors Are Throwing In The Towel On International Stocks

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Investors’ U.S. shift has occurred in the midst of a torrid 16 percent advance for the S&P 500 Index this year.

Nearly 60% Of Millennials Look To Lottery For Retirement, Survey Says

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For 18 percent of Americans, winning the lottery is their retirement plan, the survey said.

Health Stocks Crumble As Fears Of 'Medicare For All' Snowball

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UnitedHealth Group wading into the debate helped accelerate the companies' losses.

Gig Economy Offers Financial Advisors A New Type Of Client

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Advisors need to prepare for seeing an increasing number of freelancers as clients.

Parents In College Scandal Make Legal 'Declaration Of War'

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The parents' lawyers are aggressively pushing back on the criminal charges.

Mariner Wealth Sails To Miami For $1.3B AUM Firm

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Mariner makes a big splash in the Sunshine State with its purchase of Singer Xenos Schechter Sosler.

Powell Adopts Inflation Stance Yellen Shunned

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Rate increases are on hold as the Fed focuses on hitting a 2 percent inflation target.

Broadridge To Acquire TD Ameritrade Retirement Plan Custody, Trust Assets

by FA Staff

The purchase will expand Broadbridge's Matrix Financial Solutions platform.

Health Insurance Top List Of Desired Benefits Across Generations

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Study by LIMRA says generational shifts are impacting employee benefits.

CFP Board Offers Advisors Guide For Better Hiring, Employee Retention

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The guide also lays out a model career path that advisors can use for their employees.

Top Insurer Slams 'Medicare For All' Plans Debated By Democrats

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Not only are the proposals unaffordable, they would fail to expand access to health care, the executive said.

Hedge Funds Ponder The Ethics Of Shorting Unethical Companies

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Most ESG strategies focus on going long on companies with strong practices - but why not short the bad actors?

Fed-Induced Angst Disappears As Treasury Yields Fully Rebound

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A rebound in yields indicates that fixed income investors no longer feel that a recession is in the cards.

Big Banks Lean On Main Street For Profit Before Fed's Pause Hits

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Can banks continue to rely on their retail businesses when revenue sinks and the credit cycle turns?

White House Talking To Candidates To Replace Cain, Moore For Fed

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Yet Trump's advisors also signal that they will continue to support his current Federal Reserve nominees.

Securities Industry Lobbyists Geared To Fight N.J. Broker Fiduciary Rule

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The state’s firebrand Bureau of Securities says it owes New Jersey investors a higher standard.