FA News

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Cooperman Sees Financial Crisis On Horizon, Possibly Linked To Nvidia Stock Collapse

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Private investor Leon Cooperman thinks a 50% top tax rate may be the solution to unsustainable federal debt.

Ex-Carson CMO Sues Company, Alleges Mishandling Of Sex Assault Claim

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In a lawsuit claiming unlawful termination, Mary Kate Gulick accused the firm of protecting a predator.

Chamber Of Commerce Sues To Block FTC's Non-Compete Ban

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The lobbying group said the FTC lacks the authority to issue rules defining unfair competition.

Carson Group Builds Out Leadership Team In Wake Of Founder's Retirement

by FA Staff

The Omaha-based RIA has hired two ex-Orion executives to fill the positions of CFO and controller.

GOP Lawmakers Slam New DOL Fiduciary Rule

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Insurance regulators and the annuities industry also give tougher regulations a thumbs-down.

Florida's Home Insurance Industry May Be Worse Than Anyone Realizes

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After property insurers went bankrupt, thousands of homeowners scrambled to get coverage.

Private Equity Firms Are Borrowing Against Their Funds' Assets

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Some investors in PE funds are leery of firms adding debt to portfolios already leveraged.

How The U.S. Tax System Stole $600 Billion From Black Americans

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A new book shows how bureaucracies in the U.S. used unfair taxes to cement a racial wealth gap.

U.S. 30-Year Mortgage Rate Rises To Five-Month High Of 7.24%

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Rates increased to the highest level in five months, pushing down home-purchase applications.

Ultra-Rich Should Pay To Save Social Security, Swing-State Voter Poll Shows

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Seventy-seven percent of voters in the seven swing states like the idea.

Voters See Retirement Crisis Looming, Survey Says

by FA Staff

Eighty-seven percent of surveyed voters said they foresee a retirement crisis.

Advisors Need To 'Navigate' $18 Trillion Wealth Transfer, EY Says

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Advisors need to understand the needs of women and young investors to retain assets, a company report says.

First Quarter RIA M&A Activity The Second-Highest Ever, Echelon Says

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The number of transactions was up 20% from a year ago, the investment bank said.

S.C. Advisor Pleads Guilty To Tax Evasion

by FA Staff

The IRS said he failed to account for $2.5 million in money shuffled in overseas accounts.

DOL Approves Final Fiduciary Rule

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The controversial rule expands the fiduciary requirements when clients are given advice on retirement account rollovers.

'Peak' Boomer Retirements Will Reduce U.S. GDP By 7.3% By 2030, ALI Study Says

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The financial services industry is projected to lose 761,000 experienced employees during the retirement wave.

Ex-Mass Mutual U.S. Head To Lead Advisor360

by FA Staff

Mike Fanning retired from Mass Mutual Last May after 17 years with the company.

CAPTRUST Chooses CAIS To Centralize Alts Investments

by FA Staff

The partnership will allow CAPTRUST to consolidate its alternative products on one platform.

U.S. Business Activity Expands At Slowest Pace In Four Months

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New business at service providers shrank for the first time since October.

Creating Realistic Retirement Budgets--Tricks Smart Advisors Use

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Getting a true picture of a retiree's finances takes a bit of detective work, advisors say.

[1]  1 2 3 4 5 6 7 8   [2030]