FA News

Rich Bernstein: Beware Tech Stocks

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Richard Bernstein Advisors projects that technology stocks will underperform the broader market.

The 'Money Doctor' Charged In $19.6 Million Ponzi Scheme

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William Neil "Doc" Gallagher convinced elderly people to roll over their retirement funds to him, the SEC charged.

Advocacy Groups Hammer SEC Best Interest Proposals At First House Hearing

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Draft legislation would require the SEC to do extensive consumer testing on disclosures.

Junk-Bond ETF Takes In $1 Billion As Hunt For Yield Lures Buyers

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With the Fed on hold and Treasury yields falling, junk bonds are looking good again.

Wedbush Securities Pays $250,000 To Settle Charges In Pump-And-Dump Scheme

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The charges concern the firm's failure to supervise one of its registered reps.

Schwab RIAs Say Longer Life Spans Have Biggest Impact On Their Practice

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It's becoming ever more important to make sure clients don't outlive their money, the advisors said.

Putting Fido In The Will Not Just For Super-Rich

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More clients are including beloved pets into estate plans to ensure they're cared for.

Champions Of Big Oil Extend Olive Branch To Green New Dealers

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Energy Secretary Rick Perry said he was open to talks with Green New Deal proponents.

Stanford Students File First Admissions-Scandal Class Action

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Stanford students are arguing that the scandal "devalues" their education.

Boston, L.A. Offer Best Property Returns As U.S. Economy Slows

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As the economy slows, real estate investors are looking to cities in pockets of rapid growth.

NYSE Move That Never Happened Leaves City Still Paying The Debt

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New York will be paying debt issued to accommodate a planned NYSE move for the next nine years.

Cohn Says U.S. Is `Desperate' To Sign Trade Agreement With China

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Cohn says that President Donald Trump "needs a win" as trade talks with China continue.

Shareholder Resolutions Address Guns, Opioids And Climate Change

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The big issues of the day dominate this proxy season, three environmental groups say.

Brookfield's Oaktree Deal Marks Ascent As Private Equity Giant

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On Wednesday, Brookfield Asset Management agreed to buy a majority stake in Oaktree Capital.

For Mastermind Of College Entrance Scam, Fat Fees Weren’t Enough

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At the center of the college admissions scandal is a cautionary tale of greed, ambition and hubris.

Why The Worst May Already Be Over For The Global Economy

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Some analysts are predicting that growth will resume, and possibly accelerate, as 2019 proceeds.

Americans Quick To Trust Their Financial Advisor

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Americans may be too trusting of their financial advisor, according to Personal Capital’s 2019 Financial Trust Report.

Maryland Lawmakers Get Earful On Proposed Broker Fiduciary Rule

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Critics said the law would be too costly to advisors; supporters warned that the SEC can't be relied on for a national rule.

Private Equity Tax Break Targeted By Congressional Democrats

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Democrats are moving against the carried interest tax break after complaining about it for years.

The U.S. Now Has More Millionaires Than Sweden Has People

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More than 10.2 million households had a net worth of $1 million to $5 million.