FA News

RPG Brings $180M in AUM To SSN Platform

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The Retirement Planning Group of Saratoga Springs, N.Y., is joining the Securities Service Network platform.

Brix Wealth Management And KAP Planning Agree To Merge

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Brix Wealth Management and KAP Planning are part of the Barnum Financial Group.

Four Advisors With $393M In Combined AUA Join The IFP Platform

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Four independent advisors nationwide bring a combined total of $393 million in AUA to the IFP platform.

Call For $15 National Minimum Wage Grows Louder In Democrat-Controlled House

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Minimum-wage earners are paid 29% less than their counterparts 50 years ago. But businesses say $15 an hour would lead to reduced employment.

Trump Says He's 'Open' To Changing SALT Cap; Grassley Disagrees

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He said he was willing to talk about revisions to the rule that limits state and local tax deductions on federal returns to $10,000.

LPL Launches Lobbying Effort For Its Advisors

by FA Staff

The broker-dealer creates a network for its advisors to get involved in local and federal advocacy.

Number Of Suspected Senior Scams Escalate, Government Says

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Advisors and banks now are encouraged to report suspected fraud.

Attracting Millennial Advisors Critical To Long-Term Growth

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They can help build a firm poised to capture younger clients whose assets are likely to rise decades to come, says TD's Kate Healy.

2018 A Year To Forget For Active Investors

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For investors in large growth funds, it may even be a lost decade, says Morningstar.

BB&T To Buy SunTrust In Biggest Bank Merger In A Decade

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It's the world's largest bank merger in more than a decade.

Ocasio-Cortez Unveils Green New Deal To Reset Climate Policy

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She released a sweeping package of controversial environmental measures Thursday.

Once-Bankrupt Detroit Takes Step Toward Shedding Junk-Bond Grade

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The upgrade, while small, is the latest signal of the turnaround afoot for Michigan’s largest city.

KKR Wants Raises For Workers As Busted Retail Chain Shuts Stores

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KKR faced harsh criticism last year after Toys “R” Us creditors decided to shut the chain, leaving about 33,000 employees without severance.

Self-Driving Dream Team Gets $530 Million From T. Rowe, Sequoia, Amazon

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Aurora’s three co-founders are legendary among roboticists and engineers who are leading the charge to make self-driving cars a reality.

Fidelity Debuts Its First Model Portfolios That Employ ETFs

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The two new offerings aim to generate cash via both mutual funds and ETFs.

RIA Breaks Into Georgia’s Booming Film Industry

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A Brightworth wealth advisor has a growing client base in the film industry.

JPMorgan Says Boost Your Risk Positions. And Unwind Those Hedges

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The bank’s global strategists continue to favor equities relative to bonds.

Democrats Target Wall Street With Financial Trade Tax Proposal

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Financial transaction taxes typically place a levy of a fraction of a percent on the price of a securities trade.

Dementia, Pain Biggest Client Fears About Dying, Survey Says

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But the Merrill Lynch survey found clients may not be as reluctant to talk about death as advisors think.

Hunt For Yield Is Hot Again As ETF Investors Ax Short-Term Debt

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Investors are dumping short-term bond ETFs for greater yield, equities.