Financial Advisor

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Ex-Osaic Advisor With $130M In Assets Joins LPL's Platform

by FA Staff

Cubby Bice operates Bice Wealth Management in Mooresville, N.C.

Senator Wants Legislation To Curb Private Placement Life Insurance

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The chairman of the Finance Committee says the policies aid tax avoidance.

Increasing Wealth Not Calming Younger Investors, Advisors Say

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The young have benefited from the great wealth transfer, but still suffer investing anxiety.

Biden Cancels $1.2 Billion Of Federal Student Loans

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The move benefits those enrolled in the government's Saving on a Valuable Education (SAVE) plan.

Private Equity Payouts At Major Firms Plummet 49% In Two Years

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Investors' focus on cash returns is ratcheting up pressure on PE firms.

Emerging-Market Stocks Erase 2024 Losses After January Rout

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The reverse follows a slump that wiped out more than $1 trillion in market capitalization.

Hedge Funds Cut Magnificent Seven In Last Quarter, Goldman Says

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Investors question whether megacap tech stocks like Apple and Nvidia can repeat 2023 results.

Crypto Industry Steps Up Attacks On Warren's Anti-Crime Bill

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The crypto industry argues that an anti-crime bill would effectively kill the sector in the U.S.

Amazon Set To Replace Walgreens In Dow Jones Industrial Average

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The e-commerce giant's index entry is another milestone in its rapid expansion.

ESG Funds Bucking The Trend

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A backlash to environmental, social and governance names might be an opportunity.

Prospera Financial Services Adds $650 Million Firm

by FA Staff

Painter, Smith & Amberg has joined the Prospera network of firms.

Why Are More Women Clients Than Ever Firing Advisors?

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And how do you make sure you're not on the chopping block?

More Women See Themselves As CFO Of Their Households, Allianz Says

by FA Staff

But at the same time, they feel less financially secure and uneasy about retirement.

Luma And Yieldstreet Expand Alts Partnership

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Yieldstreet will help Luma advisors expand their alternative investment options for clients.

New Small Business Retirement Plan Mandate Creates Federal IRA

by FA Staff

Small firms with 10 or more workers would be required to auto-enroll employees in a plan.

Morgan Stanley Heats Up Race To Mimic Vanguard's Tax-Busting Funds

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Morgan Stanley has filed with the SEC to replicate a Vanguard fund long protected by patents.

New Bill To Raise Social Security Payroll Tax Cap, Eliminate Taxes On Benefits

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The Social Security Administration said the bill would keep the program solvent through 2054.

NewEdge Advisors Recruits Connecticut's Nesso Wealth

by FA Staff

Nesso, with $262 million in client assets, was previously associated with the Carson Group.

KKR Mortgage REIT Plunges As Commercial-Property Woes Mount

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KKR Real Estate Finance Trust slashed its dividend to help it deal with souring loans.

Young Americans' Wealth Grew 80% Since 2019, But There's A Catch

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The Covid-era fiscal stimulus gave young people extra savings to invest in equities.

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