FA News

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People Are Retiring Early, Even When They're Not Ready

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EBRI and Transamerica found more than 58% of workers retire earlier than planned.

Mariner Buys Firms In Florida, California With Combined $878M In AUM

by FA Staff

Atlas Financial in Sarasota and Newport Advisory in Newport Beach give Mariner 126 offices nationwide.

Paul Shoukry Takes Over As CEO Of Raymond James In February

by FA Staff

Shoukry will succeed Paul Reilly, who will serve as executive chair of the board.

U.S. Mortgage Rates Decline To 6.69%, Lowest Since Mid-October

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The drop spurred a financing flurry for home purchases for the week including the holiday.

Pro Bono Work A Priority For Future Planners, Survey Says

by FA Staff

Nearly 90% of future planners in a Foundation for Financial Planning survey want to do pro bono work.

It's Taking Longer To Find A New Job In The U.S.

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The trend is casting a shadow over other statistics showing a resilient labor market.

SageView Acquires Maryland Firm OnTrack 401(k)

by FA Staff

The Frederick, Md., retirement plan consultant has $400 million in assets under advisement.

Americans Risk Losing Life Savings When Retirement Homes Go Bust

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At least 16 continuing care retirement communities have filed for bankruptcy since 2020.

Trump Picks Atkins, A Deregulation Advocate, To Lead SEC

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Atkins is expected to focus on reducing regulations and levying lower penalties for violations.

Expect Congress To Introduce SECURE 3.0 Next Year, Industry Insiders Say

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The third SECURE package will focus on further increasing Americans' access to retirement accounts, they say.

Larry Fink Is Making A New Generation Of Billionaires Richer Than Him

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BlackRock's HPS purchase will make three founders billionaires.

U.S. College Closures Are Expected To Soar, Fed Research Says

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A birthrate decline during the Great Recession has caused the number of prospective college students to fall.

Fed's Daly Says December Aside, Rates Should Continue Falling

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The San Francisco Fed president said the central bank has to "keep policy moving down to accommodate the economy.”

The Best And Worst Places For Expats To Live Right Now

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This year your best bet may be somewhere in western Europe, a new report says.

BlackRock Buys Credit Firm HPS In $12 Billion All-Stock Deal

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The deal caps a year of CEO Larry Fink's efforts to transform BlackRock into a formidable player in private assets.

Don't Make Year-End IRA Contributions, Ed Slott Says. Roths Are Better

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Roth accounts lead to a one-year tax hit but are better savings vehicles for the long run, the retirement planning guru said.

Billionaire Tesla Whale Is Reducing Bet That Made Him Rich

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“No longer all-in on Tesla,” the billionaire posted Saturday on X.

Revenge Of The Trader Bros: Speculative Bets Boom In Trump's America

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The crypto industry spent $135 million in the 2024 election cycle and saw most of their picks win.

Biggest Hedge Funds Reaped Gains On Trump Trade In November

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Trump's election win caused Treasury bonds to tumble while it pushed up stocks, the dollar and bitcoin.

U.S. Seeks To End Subminimum Wage For Workers With Disabilities

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The law allowing the lower pay has been denounced by advocates as a form of legalized discrimination.

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