by
Bloomberg News
Municipal issuers including hospitals, charter schools and retirement communities are selling bonds without typical protections as investors seek returns over safety.
by
Reuters
Wall Street rose on Thursday after consumer spending recorded its largest increase in nearly six years and the U.S. Supreme Court backed Obamacare, boosting health-care stocks.
by
Reuters
A five-year run of virtually uninterrupted stock-market gains in the U.S. and Europe has boosted assets under management but done little to lift margins for stock pickers who face tech competition.
by
Bloomberg News
The Obama administration scrapped a plan to give government ratings to U.S. colleges, bowing to criticism from higher education leaders that the system could be unfair.
by
Bloomberg News
Fund managers are bypassing banks and initiating corporate bond deals themselves.
by
Bloomberg News
A greater share of U.S. millennials say they’re likely to buy a home this year, adding to evidence that first-time buyers are finally entering the real estate market and fueling a jump in sales.
by
Reuters
Edward Jones is reviewing its records to see if some fund customers were eligible for fee waivers they did not receive.
by
Reuters
Investors in U.S.-based mutual funds pulled $4...
by FA Staff
La Vista, Neb.-based Securities America introduced three additions based in Fort Worth, Texas, on Wednesday.
by
Christopher Robbins
The SEC charged the advisor with siphoning money from his investment fund and defrauding his investors, including retired teachers and law enforcement officers.
by
Phil Walker
When long-term care insurance isn’t an option, a reverse mortgage may provide the needed funds for someone needing care to stay in his home, says this expert.
by FA Staff
New York-based NFP Advisor Services has promoted Mike Pedlow to chief compliance officer.
by FA Staff
Charlotte-based LPL Financial has named Tom Gooley as managing director of service, trading, and operations.
by
Bloomberg News
For-profit colleges lost their bid to block an Education Department rule denying funds to schools that saddle students with excess debt.
by
Bloomberg News
Moody’s Investors Service said that it may lower ratings on about $34 billion of securities backed by U.S. government-insured student loans.
by
Christopher Robbins
The SEC announced more than $9 million in penalties against 36 municipal bond underwriting firms last week for material misstatements and omissions in municipal bond offering documents.
by
Liz Weston/Reuters
Today's college graduates need to get the message that defaulting on federal student loans is not just stupid, it is unnecessary.
by
Bloomberg News
The guy who teaches financial advisors how to advise clients shares his personal retirement blueprint.
by
Bloomberg News
Assets under management by robo-advisors are estimated to increase 68 percent annually to about $2.2 trillion in five years, according to consulting firm A.T. Kearney.
by
Bloomberg News
Fund giants Vanguard Group and Fidelity Investments are trying to use robots to win over investors who are shrugging off advisors in a hunt for lower costs.
