FA News

Hastie Financial Group Joins Commonwealth Financial Network

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The California-based company will bring $228 million in assets under management.

Infinity Financial Brings $365M AUM To LPL Platform

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The Richmond, Va.-based registered investment advisor switched to LPL from Cetera.

An ETF For Black Swan Events

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A new fund from Amplify ETFs aims to protect investors against sharp downturns while participating in up markets.

Amazon Near Moves To New York; Arlington, Va., NYT Says

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The retail company has decided to split its second headquarters between the two locations, the newspaper reported.

Wage Gains Of 3% Taking Hold As U.S. Employers 'Need To Pay Up'

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Hourly earnings are likely to keep picking up after surpassing 3 percent for the first time in this expansion.

Goldman Says Hedge Funds Dove Right Back Into Tech At Rout's End

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Technology and consumer stocks were the most heavily bought sectors at the end of October.

Powell Policy Lost In Translation As Fed Blamed For Markets

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The Fed chair and his colleagues are expected to hold policy steady at a two-day meeting starting Wednesday.

Goldman To Name New Class Of Partners After Wave Of Senior Exits

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More than a third of the bank’s partners in 2014 have since left.

A Wall Street Haven For Democrats Has Reason To Cheer Blue Wave

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The municipal bond market would be bullish about a Democratic-controlled House.

Fund Managers Say Don't Count On The Midterms To Revive Gold

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The rally in gold, which in October posted its first monthly gain since March, fizzled last week.

FPA Reorganizing Chapter Structure

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The Financial Planning Association is changing its relationship with its chapters.

Stock Investors Are Watching These Six Sectors Ahead of Midterms

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Pharma and bank stocks look best positioned amid expectations for a divided Congress.

Former LPL Broker Sent To Prison For 20 Years For Theft From Clients

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Sonya Camarco was fired by LPL for depositing clients’ money in her account.

Former Broker Defrauded Retired Clients

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Douglas Simanski used accounts opened in his wife’s name to take clients’ money, authorities say.

Rapper T.I. Sued Over Alleged $1.3 Million Crypto Pump-And-Dump Scheme

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Twenty-five investors from across the globe say the celebrity helped suck them into cryptocurrency fraud.

Senior Citizens Are Replacing Teenagers As Fast-Food Workers

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Two powerful trends are at work: a labor shortage amid the tightest job market in almost five decades.

This ETF Has Gone To The Dogs (And Cats)

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New ProShares ETF invests in the pet care industry.

Facing Climate Change, States And Cities Seek To Borrow Billions

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Voters are being asked to approve billions in debt for environmental projects.

Evelyn Davis, Queen Of Shareholder Activism, Dies At 89

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She turned public companies’ annual meetings into stages for a theatrical, confrontational and self-promoting version of shareholder activism.

Traditional Pensions May Help Businesses Qualify For Pass-Through Deduction

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Pensions can be used by professionals who want to whittle taxable income to qualify for the deduction.