FA News

Waddell & Reed Launches New Advisory Investment Program

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The program’s 48 portfolios of ETFs and mutual funds are managed by BlackRock, State Street Global Advisors or Wilshire Associates.

Seven Ways For Advisors To Demonstrate Their Value To Clients

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IRA specialist Ed Slott offers advisors a guide on how to differentiate themselves from the competition.

Death Of DOL Rule Helps Drive Rollover Market, LIMRA Says

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The rollover market has been revving up since a court struck down the fiduciary rule early last year.

Madoff's Victims Getting Another $464 Million As Payouts Mount

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The payout boosts total distributions in the case to more than $12 billion.

Warren Buffett's Big Consumer Bets Bite Back

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Shifts in tastes are changing the rules in the consumer investment sector.

CFP Board Recruitment Campaign Strives For More Diversity

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The campaign features videos of a diverse group of CFPs touting the merits of their profession.

Blockchain, Crypto Currencies Fall Victim To Hacker Thefts

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Cryptocurrencies and other blockchain technologies aren't as safe as many investors believe, an MIT report says.

A Mysterious 8,500% Stock Gain Attracts Big Funds, Big Questions

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DYF’s curious surge adds to a long list of extreme, unexplained stock swings in Hong Kong's market.

Pensions Make A Push Into Private Equity

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Texas, California pensions team with buyout firms for more deals.

Junk-Debt Market's 2019 Rebound May Hide A Gathering Storm

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The total of leveraged loans and high-yield bonds outstanding in Europe and the U.S. has doubled since 2007.

Fidelity Earns Record 2018 Income Of $6.3B, An 18.6% Increase

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The earnings came on revenue of $20.4 billion, even as assets declined slightly.

Franklin To Pay $14 Million To Settle 401(k) Participants' Fiduciary Lawsuit

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The investors alleged Franklin Templeton managers stacked their 401(k)s with proprietary funds.

Goldman Says Asian Funds Positioned All Wrong For 2019's Rally

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Asian mutual funds have lagged behind their benchmarks due to conservative positioning, the firm says.

Prudential's $1 Trillion Asset Manager Working On Multiple Deals

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The company is interested in buying bolt-on units that add new offerings, an executive said.

Caterpillar's Soothing Words On China Spur Industrial ETF Flows

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Industrials have been the best performing sector of 2019.

Democrats Embrace Tax-The-Rich Label After Years Of Ducking It

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Even deep-pocketed Democratic donors haven't been scared off by higher taxes for the wealthy.

Templeton Bond Chief Stands Firm On Bearish Bet Against Treasuries

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Michael Hasenstab, a bond market contrarian, is convinced the Fed will raise rates again this year.

The S&P 500 Lost 11% Of Value From Trump's Trade War, Research Says

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The market hasn't yet priced in a possible U.S.-China trade deal, according to analysts.

Philadelphia Sues Seven Banks Over ‘Collusion’ In Muni Deals

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The city accuses them of costing local governments billions by colluding to fix prices.