FA News

Endowments Struggle To Boost Returns As Student Aid Rises

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The average fund gained 5.8 percent over a decade, falling short of the 7.2 percent that schools targeted.

Bernie Sanders Proposes Estate Tax Of Up To 77% For Billionaires

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The legislation would raise up to $2.2 trillion in estate taxes from the families of all 588 billionaires in the U.S.

Where Some Of The World's Top Hedge Funds Will Invest In 2019

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Market turbulence has helped several old macro hands profit after posting losses or sub-par gains.

Big Business Plans All-Out Blitz On Washington To End Trade War

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Farmers, business owners and executives plan to descend on Capitol Hill.

Fed's Dovish Pivot Flattens Remaining Rate-Hike Expectations

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Goldman Sachs sees just a 25 percent chance of the 2.25 percent rate being lifted in the second quarter.

How An RIA Reached $2 Billion In AUA In 16 Months

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Magnus Financial Group said its mission hasn't changed after increasing its client assets sixfold.

Stock Bulls Cheer As Fed Capitulation To Markets Reaches Climax

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A stock-market spring-loaded for earnings season is now pushing toward its biggest January rally in three decades.

Dimon On Tax-Hike Proposals: The Rich 'Can Afford To Pay More'

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Billionaire CEO Jamie Dimon is OK with tax hikes on the rich, as long as the revenue is used to do the most good.

Fed Adopts 'Patient' Rate Stance With Balance-Sheet Flexibility

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The Federal Reserve said it will be “patient” on any future interest-rate moves.

BofA Expands Free Trading In Stocks, ETFs For Rewards Customers

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Bank of America Corp. is expanding a perk for its loyalty-program members: free trades.

Financial Advisors Still Lack Succession Plans

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A Franklin Templeton study finds that RIAs are not prepared when it comes to handing over the reins of their business.

Hamas Calls On Supporters To Donate To Group In Bitcoin

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An organization designated as a terrorist group in the U.S. and Europe thinks of a new way to raise funds.

Fidelity Is Said To Plan March Launch Of Bitcoin Custody Service

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The fund giant is moving forward with a plan that could help ease fears of trading cryptocurrencies.

U.S. Debt Sales Break Records Again, Feeding Deficit Criticism

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The Treasury Department announced plans to issue another record-breaking amount of debt.

Are You An Innovator?

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An expert explains to advisors the four mindsets needed to truly stand out.

Advisor Clients Remain Interested In Crypto Assets Despite Losses, Survey Finds

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Most advisors fielded questions from clients about crypto currencies last year, the survey said.

Advisors Are Not Doing Enough To Meet Millennial Prospects

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In fact, most advisors haven't even met the millennial children of their clients.

Lockheed Martin Latest To Move Pensions To Insurance Annuity

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The trend has set off worries that such moves rob workers of federal pensions protections.

SEC Accuses Texas Real Estate Developer With $45 Million Ponzi Scheme

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Phillip Michael Carter allegedly spent the stolen money on private jets and the operation of a hunter's paradise.