FA News

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.

Global Market Tumble Hurt U.S. Investors The Most, Study Says

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Investors in the U.S. suffered the most due to losses in both domestic and global equities, the study said.

Trump Nominates Global Reformer Malpass To Lead World Bank

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David Malpass has portrayed the World Bank as too big and inefficient.

Multiemployer Retirement Plans Touted In House Hearing

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A key House committee chair supports a proposal to allow small companies to band together to provide 401(k) plans.

Citadel, Point72 Said To Rise As Multistrategy Funds Gain

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Citadel rose 3.6 percent in its Wellington hedge fund and Point72 jumped about 3 percent.

Former Virginia RIA Sentenced To 13 Years For $6.6M Ponzi Scheme

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Edward Moody Jr. stole from many elderly clients, and even a church.

Cetera Retirement Platform Expands To Include HSAs

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About 30 percent of U.S. employees now have an HSA plan.

Student Loan Relief Or Paid Vacation? These Workers Get A Choice

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The new perk is a creative twist on an increasingly popular benefit.

Men Get Ready To Spend Big Bucks On Valentine's Day

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Men are getting ready to open their wallets and spend five times what women will on them.

Wall Street Veteran Says U.S.-China Deal Will Be Sell Trigger

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A trade deal will bring an end to the "risk-on mentality," this investment manager says.

Legalization May Come Soon. Who Will Wear The Cannabis Crown?

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One analyst predicts the federal legalization of cannabis and THC products may come in the next two to five years.

U.S. Banks Win $21 Billion Trump Tax Windfall Then Cut Staff, Loaned Less

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As tax cuts took effect, many firms vowed to share a portion of their savings with workers. They didn't.

Has Quality Become An Inferior Factor?

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Its poor performance during the fourth-quarter selloff suggests something has changed.

Going Beyond Social Media To Reach Millennials

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Marketing to millennials is more complicated than just going on Facebook.

Csenge Advisory Group Brings $1.3B In AUA To Lion Street From FSC

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The Florida hybrid advisor selected Lion Street after a two-year search.

CEOs Grow More Polarized On Economic Outlook, Survey Says

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The economic outlook of CEOs was largely positive, but they are trending toward opposite ends of the spectrum.

David Rockefeller's Estate Donates Record $200 Million To MoMA

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Rockefeller served 69 years on MoMA’s board, starting in 1948, until his death at age 101.

Goldman Sachs Says Don't Hold Your Breath For Big Stock Returns

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Goldman says the window for big returns in 2019 already closed in January.