FA News

How One Firm Uses ETFs For Dividend Income

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Portfolio Design Advisors employs various ETFs to help create an income stream for retirement-age clients.

Former Woodbridge Execs Face New Criminal Charges In $1.2B Ponzi Scheme

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Woodbridge's owner and former directors of investment are facing criminal and civil charges for the alleged scam.

Hidden Bond Market Dangers Expose Traders To $2 Trillion Wipeout

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There "is an element of hidden leverage that is not appreciated,” one analyst said.

Americans Are Delaying Health Care Until Tax Refunds Arrive

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Out-of-pocket spending on health care jumps about 60 percent in the week after people get their refunds.

SEC Cracks Down On ETF Names That Could Be Misleading Investors

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A number of thematic ETFs have changed their names to satisfy SEC demands.

Working Past Age 65 Easier Said Than Done

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Many boomers say they want to work past retirement age, but employers can make that difficult, a new report says.

Dimon Defends JPMorgan Minimum Wage, Points To Low Pay Elsewhere

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The JPMorgan CEO said the banking industry likely pays more than the U.S. government.

Powell Said To Tell Democrats Fed Won't Bend To Outside Pressure

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The chairman told the lawmakers that interest rates are at about the right level.

Steve Patterson Of Fidelity Elected To Chair LIMRA SRI Board

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Jamie Ohl of Lincoln Financial Group was named vice chair, according to LIMRA.

NorthStar Announces Rebranding, Name Changes

by FA Staff

Northstar is changing its name to Orion Advisor Services.

Millennials Most Worried About Markets, Economy, Survey Finds

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Gen Xers and baby boomers are less fearful of investing in the market, the Allianz Life survey found.

Good Advisors Are Hard To Find, Pershing Poll Says

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For the third year in a row, recruiting woes are named the top challenge facing Pershing's "elite" financial advisors.

Rich Women Are Increasingly Calling The Shots, Merrill, Morgan Stanley Find

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Rich women mean big business for some of the world’s largest wealth managers.

Gen Z Americans Already Saving To Buy Homes Before They Turn 30

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Fifty-nine percent of Americans between the ages of 18 and 23 want to buy a house in the next five years.

Zero-Fee ETFs Have Arrived

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Thanks to expense ratios being waived, two new funds from SoFi will be gratis through at least June 2020.

Sen. Warren's 'Big New Deal' To Raise Most S&P 500 Companies' Tax Rate To 28%

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Under Elizabeth Warren's proposal, companies would face a 7 percent surtax on worldwide profits over $100 million.

Credit Investors Are All Swagger As Doubt Plagues Stock Markets

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The self-confidence of debt investors versus their insecure equity peers tells you everything you need to know.

Moore Says He's Going To Challenge Fed's 'Growth Phobiacs'

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The Fed nominee is challenging the belief that growth causes inflation.

ETF Named 'UFO' Invests In Outer Space

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An ETF launched by two industry vets views space as the next frontier of economic development.

Financial Advisors Will Not Be Replaced By Technology, Investors Say

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Investors are optimistic about reaching their financial goals, Wells Fargo says.