FA News

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Advisors Need To Rethink Their Diversification Strategies, Morningstar Says

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It's time to look past old reliables like real estate and high-yield bonds, a new Morningstar report says.

Ex-Ameriprise Advisor In Texas Gets 5 Years For Stealing $1.2M From Clients

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Dusty Sternadel tricked her mostly elderly clients into cutting checks that she deposited into her personal accounts.

Retirement Optimism Is Returning To The Workforce, EBRI Says

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After retirement confidence fell off a cliff in 2022, rising wages may be boosting spirits, researchers said.

Fidelity: Inflation May Be Down, But It's Not Out

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The firm's lead inflation analyst thinks 3% inflation could linger long term.

In-Demand Workers Are Staying Put As Labor Market Cools

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The slowing churn may be good news for the Federal Reserve.

States Are Eyeing A New Tax On The Wealthy Who Move Away

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The "exit tax" would be slapped on wealthy taxpayers who move to another state.

Hedge Funds Step Up Purchases Of Tech Stocks, Goldman Sachs Says

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Hedge funds were net buyers of the sector for a fourth straight week.

Stocks Trade For 390 Minutes A Day. Increasingly, Only 10 Matter

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About a third of all S&P 500 stock trades are now executed in the final 10 minutes of the session.

Stock Bulls Look To Earnings With Fed In A Corner

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Investors are faced with a call on whether the weakness in stocks seen earlier this month was only a blip.

What 60,000 Headlines Say About The Fed's Next Move

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There could be more hawkish words to come from the Fed

Ed Yardeni Sees S&P Hitting 6,000 At End Of 2025

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The economist debated Peter Boockvar, who said growth stocks would face a major obstacle, the law of large numbers.

Goldman To Bankers: No Sneaky Trips To Paris During Olympics

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The bank warned employees that trips to this year's Olympic city will be closely monitored.

Commercial Real Estate Debt Is Back With 170% Jump In Sales

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A once-frozen market for office towers is seeing deals again.

Client Portfolios Are About Needs And Taxes, CIOs Say

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Adjusting client portfolios to the current environment has to go beyond the cookie-cutter approach, they said.

The $630 Billion Active-ETF Boom Is Dominated By Top 10 Players

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Morningstar Inc. is sounding a warning to Wall Street money managers looking to pounce on one of the hottest trends of the past few years: the breakneck rush into active exchange-traded...

Independent Insurance Brokers Most Impacted By DOL Rule, Attorney Says

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Unlike advisors, many broker and agents will be contending with fiduciary responsibilities for the first time.

Citi Trims Fed Bet For 2024, Still Sees Multiple Rate Cuts

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The bank's forecasters predict 100 basis points of Fed easing this year beginning in July.

Stay Away From Anything With Government Stamp, Felix Zulauf Exclaims

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Investors may want to cover their eyes when they see this Swiss manager's investment outlook.

End Of 'Scorched Earth' Years For U.S. IPOs Hinges On Lower Rates

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The U.S. IPO rebound has been steadily gaining steam.

Muni Regulator Warns About Risks Of Buying Build America Bonds

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There is a risk the securities could result in investor losses, the regulator said.

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