FA News

U.S. Student Loan Official Who Quit In Anger Opens New Watchdog

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The Student Borrower Protection Center will partner with policymakers and others to help alleviate serious student debt.

LTC Insurance: The $15 Billion Money Pit Dragging GE Down

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A big part of GE's trouble has to do with its book of long-term care insurance.

Cancer Patients Get More Help From Transamerica

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The recently released guide, “Planning to Outsmart Cancer,” has been expanded with more information for clients.

Baird, Hilliard Lyons Announce Merger Of Regional B-Ds

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The combined firm will have approximately 1,300 advisors serving clients from 170 locations in 34 states.

Bitcoin ETFs Roadblocked By Lack Of Safeguards, SEC's Chief Says

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Don’t expect a bitcoin ETF any time soon.

Advisors Show Value Handling Self-Directed Brokerage Accounts, Study Says

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Advisors helped retirement investors get better results with their self-directed brokerage accounts.

CFP Board May Alter Disciplinary Procedures

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The board also is revising the answers to FAQ questions about the new Code of Ethics and Standards of Conduct.

Fire-Resistant Homes Don't Have To Cost A Fortune, Report Says

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Fire resistant homes could be built in vulnerable areas at no additional cost.

Brady Pushes Tax And Retirement Package In Lame Duck Session

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The bill would make it easier to create multi-employer plans and to offer annuities in 401(k)s.

BlackRock Buys Stake In Envestnet, Announces Partnership

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BlackRock Digital Wealth's tech will now be available on Envestnet's platform for advisors.

Mercer Advisors Acquires Fourth RIA Firm This Month

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McDermott Advisory Group is the latest company to join Mercer.

Gen Xers Will Be Wealthiest Generation In 25 Years, Report Says

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Gen X will be the chief beneficiary as baby boomers pass on their wealth in the coming decades, Cerulli says.

IBM CEO Joins Apple In Blasting Data Use By Silicon Valley

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Ginni Rometty expressed concern over "irresponsible handling" of individuals' private data by tech firms.

Wall Streeters Who Rushed To Crypto Create Sheriff For Wild West

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Amid scandals and crashing prices, the cryptocurrency industry attempts to create a self-regulatory organization.

Clarida Backs Fed's Gradual Hikes As Neutral Rate Uncertain

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The Fed vice chairman seemed to indicate that the central bank would not deviate from its current policy.

What Oil At $50 A Barrel Means For The World Economy

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While cheaper prices are painful for oil producers, they're a boon to importers.

Goldman Says Public Pensions Hunting For Investments Beyond U.S.

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Pension advisors are broadening their horizons in a search for higher returns.

Why Emerging Markets Face A Brighter Outlook After A Rotten 2018

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After a poor first 10 months of 2018, many analysts think emerging markets will perform better in 2019.

Capital-Spending Slowdown Flashes A Warning For 2019 U.S. Growth

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U.S. economic growth may be slowing as capital expenditures decline and factory orders remain "weak."

Wannabe Weed ETF Has Bigger Challenge Than Pot Stocks' 30% Slump

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Many fund custodians have been reluctant to engage with an industry that’s illegal under national law.