FA News

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.

MetLife To Pay $200 Million Penalty For Unpaid Pensions

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In addition to a $19.75 million fine, the insurer will also pay $189 million in restitution, N.Y. regulators said.

Wells Fargo Partners With TradePMR To Provide RIA Platform, Custody Services

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The new program will support independent, fee-only advisors with platform and custody services.

FSI Elects 2019 Board, Executive Committee Members

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David Knoch of First Global will be the board's new chairman this year.

Woodbridge Group Ordered To Pay $1 Billion For Defrauding 8,400 Investors

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The court-ordered penalty represented a victory for the SEC, which sued the company for running a Ponzi scheme.

Fed Seen Pausing Rate Hikes But Still Moving Twice This Year

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Investors reacted negatively in December when the Fed penciled in two rate increases for 2019.

FSI Fighting To Offer Its Members Health Insurance

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The b-d association is advocating to offer health insurance for its members.

Tax Season Stalled For U.S. Citizens Abroad After Shutdown Jam

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The shutdown has ended, but U.S. taxpayers living abroad are still facing delays in having their tax forms processed.

Insurers Can Now Manage Cash With ETF For Minnesota's Blue Cross

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The fund will first need to overcome insurers’ reluctance to embrace ETFs.

Finra Orders Firms To Self-Report 529 Plan Share Class Violations

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Finra examiners have found that some firms have failed to reasonably supervise brokers’ share class advice.