FA News

`Who On Earth Bought This?' Franklin Debt Chief Warns Of Danger

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Sonal Desai believes that the next Fed move could be a rate hike, and warns of long-term fixed income.

Millionaires Flee Homelands As Tensions Rise, Taxes Bite

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Australia and the U.S. are the most popular destinations for the world's wealthy.

Trump Sues To Stop Deutsche Bank From Disclosing Accounts

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Trump has sued two banks seeking to stop them from complying with subpoenas from congressional Democrats.

One Of Wall Street’s Last Stock Bears Goes Completely Bullish

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A more dovish Fed has prompted Well Fargo's Christopher Harvey to turn bullish on stocks.

Moore's Shot At Fed Seat Shaken By Concerns Of Two GOP Senators

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Two key Republican allies have withheld endorsement of Trump's Federal Reserve Board nominee.

Why Advisors Must Write Clients A Long-Term-Care Plan

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Advisors should also plan for specific client lifestyle and financial transitions as they age.

What Mid-Caps’ Leadership Says About The Economy

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Mid caps are outpacing large and small caps this year.

OppenheimerFunds Reveals Findings About HNW Women

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Its client research director revealed key findings for the first time about HNW women.

Former $6 Billion Morgan Stanley Team Goes Independent

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Americana Partners LLC of Houston will be headed by former Morgan Stanley director Jason Fertitta.

Tibergien: Advisor Firms Need To Get Younger, More Diverse

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“There are more CFPs over the age of 70 than under the age of 30,” consultant Mark Tibergien warned advisors.

Advisors Urged To Pay More Attention To Young Clients

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Fee-based financial advice for younger clients is the future of the advisory industry, this advisor said.

Morgan Stanley's S&P 500 Bear Unbowed After Admitting Bad Call

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The firm’s chief U.S. equity strategist issued a mea culpa, saying he underestimated the market rally.

Schwarzman Sees Potential Risk To Economy In Higher Taxes

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Some policies that Democratic candidates for president are talking about could slow the economy, he said.

Fed May See 1995-96 Interest Rate Cuts As Template For Today

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The Fed is widely expected to hold rates steady at their April 30-May 1 meeting.

A Chinese Firm's Plunge Cost Interactive Brokers Millions

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A broker lost $42 million on loans that were backed by worthless collateral.

Trump Revises SALT History, Saying New Yorkers Didn't Fight Caps

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Trump has suggested he might be willing to reverse the cap, but hasn’t backed any plan to do so.

Advisors Seek More Clarity On Taxes For Gig Economy Workers

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The gig economy has grown far beyond just millennial Uber drivers or people renting out bedrooms.

First They Came For Plastic Bags. Coffee Cups Are Next

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As local and national governments move to tax—or ban—to-go cups, Starbucks and Dunkin’ race to find an alternative

Insurers Know Exactly How Often American Drivers Touch Their Phones

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Fully autonomous vehicles that will safely subtract humans, leaving us free to focus on our screens, remain a long way out.

Annuities Sales Set To Soar 35% Over Next Five Years, LIMRA Says

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Even fee-only advisors are eyeing new four-year "clean" products with nearly 4 percent guarantees.