FA News

Fidelity Widens Its Lead In Cash Business By Adding $50 Billion

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Fidelity's money market assets grew to $629 billion as of Oct. 31 of this year.

Many B-Ds Failing To Follow Suitability Rule, Finra Says

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The self-regulatory organization said these and other violations are among the trends it has seen this year.

JPMorgan Predicts 17% Surge For U.S. Stocks By End Of Next Year

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Profit growth and greater investor acceptance of higher valuations will boost the market, the firm says.

Investors More Confident When They Have An Advisor, Survey Finds

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Do-it-yourself investors were markedly more pessimistic about the future of the market, the Legg Mason survey said.

2019 Will Bring Volatility, But No Recession, UBS Says

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Investors should continue to overweight equities next year, the firm said in its 2019 outlook report.

N.J. Learns Pot Economics To Ensure It Can Get Its $300 Million

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The Garden State, like others that have legalized marijuana, is trying to figure out the optimal weed tax.

All Around The World, Central Bank Independence Is Under Threat

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President Donald Trump isn’t alone in questioning monetary decisions.

Surprise Medical Bills Loom For Millions Of Americans In 2019

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A contract fight means thousands of doctors may no longer be in-network.

U.S. Adds Below-Forecast 155,000 Jobs As Wage Gain Misses

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Treasury yields initially dipped and the dollar declined as the report added to signs that economic growth is cooling.

SEC Commissioner Calls For Closer Look At Voting By Index Giants

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Index funds and ETFs have become top holders of some of the world's largest companies.

AQR Strips 'Risk Parity' Name From Mutual Fund After Redemptions

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The money manager will rebrand the fund as a multi-asset pool.

Advisors Take Note: This Gig Can Help Students Pay For College

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Advisors whose clients have children in college may want to suggest this freelance work.

Wells Fargo Says It's Cleaning Up Its Act. Regulators Want More

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The Fed’s rejection of the bank’s plan indicates that the bank has yet to move beyond its scandals.

RBC Wealth Creates Division To Protect Clients Against Fraud

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The firm said the division's sole focus will be on preventing, detecting and reporting financial fraud and abuse.

CFP Board Reveals Advisors Who've Filed For Bankruptcy

by FA Staff

The CFP Board of Standards posts the names on its website to inform the public.

Three Fundamental Principles To Manage Client Behavior

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Advisors can help clients deal with volatility and unpredictability with behavioral finance concepts.

One In 40 U.S. Children On Autism Spectrum: Demographic Trends

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The prevalence of autism spectrum disorder has increased over the past 30 to 40 years, according to a new study.

Higher Wages And Low Inflation Will Benefit Wokers, Vanguard Predicts

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Markets will do well, but will not match highs of the last decade, Vanguard said in its 2019 economic report.

Fine Art Collectors Expected To Add Works In 2019

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UBS found that wealthy, U.S.-based fine art collectors are actively looking to add to their collection in 2019.

Medicare-For-All Plan Would Save U.S. Billions, Tax HNW Families

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A UMass team of economists says Medicare for all would save money and yield better health care outcomes.