FA News

Deutsche Bank Report Says Student Loan Debt Is A 'Micro Problem'

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The $1.6 trillion in student loans is minor when compared to the entire net worth of U.S. households, the report said.

John Calabrese Financial Joins Ameriprise

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Financial advisor John Ross of John Calabrese Financial has joined the Ameriprise Franchise Channel with $304 million in client assets under management (AUM)...

Spectrum Management Affiliates With Carson Wealth

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Spectrum, headquartered in Indianapolis, brings $575 million in AUM to the relationship.

Talking About Sustainable ETFs With Clients

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Demand is up as options have proliferated.

Wild Ride In Store For BBB Bonds

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Risk and reward may abound in the lowest rung of investment-grade U.S. corporate bonds as companies battle to reduce leverage.

Most Americans Lag In Saving For Retirement, Survey Says

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A majority of Americans have not saved enough to retire, according to the Franklin Templeton survey.

N.J. Fiduciary Rule Could Make Life Easier For Brokers, Says Former Regulator

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The states and the SEC are not in competition to enact a fiduciary rule, former regulator says.

HighTower Investment Creates $5 Billion Wealth Manager In California

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The deal involves a strategic investment by HighTower, among the nation's largest RIA consolidators.

Munis Have The Best Start Since 2014 And Show No Sign Of Slowing

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Year to date, the Bloomberg Barclay's index tracking munis has returned 3.2 percent.

Hottest Financials Streak Since 2010 Ends Yearlong ETF Drought

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ETFs that track banks and insurers are poised for their first month of inflows in more than a year.

Trump Pressures Fed Over Interest Rates As Central Bank Meets

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Even amid positive economic data, Trump calls for a 1 percent rate cut and more quantitative easing.

FAANGs Poised To Erase $100 Billion As Alphabet Loss Bites Hard

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Alphabet's earnings miss is taking a bite out of the mega-cap FAANG technology stocks.

Minority Women Carve Out Niches To Keep Afloat In The Financial Advisory Space

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Women are encountering "Queen Bee syndrome" and other challenges holding them back in the financial industry.

Citadel's Griffin Says Student Loan Subsidies Hurt Education

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Tuition growth outpacing inflation is caused by government subsidies of student loans, said Ken Griffin.

Trump's Dependence On Sanctions Risks A Backfire, Critics Say

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Using sanctions as a tool in diplomacy could cause countries to avoid U.S. financial and economic networks.

How Bad Timing Screwed Up Returns For A $9 Billion Momentum Bet

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MTUM, the largest momentum factor ETF, has lagged the S&P 500 by almost 4 percentage points.

U.S. Economic Data Suggest Positive Momentum In Second Quarter

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Most economic signals are positive, indicating a "bright" second quarter in the U.S.

White House Says It's Ready To Walk If No China Trade Deal Soon

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Trade negotiations with China "won't go on forever," said Mick Mulvaney, acting White House chief of staff.

CFA Meets With SEC’s Clayton To Make Case For ‘Clean Shares’

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Currently, the SEC's Regulation Best Interest contains no mandate for the use of clean shares.

SocGen Says ‘Sell In May And Go Away’ Won’t Hold True In 2019

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The firm believes the S&P 500 will rise 2 percent - to 3,000 - in the near term.