FA News

Goldman Says Investor Bearishness Concentrated In A Few Sectors

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Investors seem most concerned about drops in health-care, industrial and materials stocks, firm analysts said.

McKinsey: Asset Managers Thriving, But Lower Fees Take Big Bite Out Of Profits

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Large, $1 trillion-plus asset managers generated over 80 percent of all positive organic growth in the industry.

LPL Snags Former Wells Fargo Hybrid Firm With $200 Million In AUM

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The California advisory firm cites LPL service and support in making platform switch.

Greenspan Says U.S. May Be Seeing First Signs Of Inflation

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A rising U.S. debt burden could derail the current expansion and warned the tight labor market could lift inflation, he said.

State Street, Nuveen Among Investors Pushing Gun Industry For Reform

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They are pressuring gun manufacturers and sellers to make firearms “safer, more secure and easier to trace.”

FPA Outlines Reorganization Plans

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The Financial Planning Association is drawing chapters into one legal entity to upgrade the organization, FPA leaders say.

Bitcoin Plummets Below $6,000 To Lowest Level In Over A Year

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The recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash is over.

Two Large Family Offices Combine Services

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The Glenmede Trust Company and Stonehage Fleming are partnering.

DoubleLine's Sherman Tells Advisors To Steer Clear Of Corporates

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Corporate bonds are still super expensive, he says.

Focus Financial Stock Dives After Earnings Call

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Investor reaction calls into question future IPOs by other aggregators.

A $100 Billion Fund Manager Predicts Credit Slump Will Worsen

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The worst year for corporate debt in a decade is just the start of the slump

Gundlach Says Low Foreign Demand May Help Boost Treasury Yields

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A mismatch between supply and demand in the Treasury market is likely to keep driving yields higher, he said.

CFP Board Disciplines Seven Advisors

by FA Staff

A former UBS broker was stripped of his certification.

Donor-Advised Funds Remain In The Philanthropic Sweet Spot

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Contribution and distribution levels were at record highs last year.

Sam Zell Is Selling More Than Property After Real Estate Warning

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Zell has said the industry is in the eleventh inning ahead of a “tsunami of supply."

Crypto Firm Turns To Tokenization Of Real Estate

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Buildings are getting their own tokens, representing a fraction of debt or equity.

Is There Such A Thing As Subdued Volatility?

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Volatility ain’t what it used to be, say speakers at a fixed-income conference.

Issuers Paid For Stock Reports That Were Touted As 'Unbiased,' SEC Alleges

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The SEC has sued a stock research firm for allegedly taking payments from companies it issued stock reports on.

Alarm Bells Ring In Markets As Nomura And Goldman Fret Growth

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Goldman strategists are telling clients to be ready for “a sustained period of low returns.”

New Tool Applies Gender Diversity Screen To Mutual Fund, ETF Holdings

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The tool will allow investors to screen 5,000 of the most commonly held funds.