FA News

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Roth Conversions Can Pack Nasty State-Tax Surprise, Advisors Warn

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In some states, the conversions can lead to more taxes and a loss of pension exemptions.

Trump Plan To Exempt Tips From Taxes Could Cost $250 Billion, Study Says

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The move could result in a shift of more overall compensation to tips, the study said.

Debt-Ceiling's Eventual Return Already Has Fund Managers On Edge

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That limit is on track to be reinstated on Jan. 1.

Retail Funds Dive Into Quant-Factor ETFs After $48 Billion Haul

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The rules-based allocation method dissects shares based on their traits.

Fisher Sells Stake Of Up To $3 Billion To Advent, Abu Dhabi Fund

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Ken Fisher said he would let Fisher Investments continue to operate independently.

How The U.S. Mopped Up A Third Of Global Capital Flows Since Covid

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A run-up in U.S. interest rates to the highest levels in decades has been a major draw for overseas investors.

Paris Loses Crown As Europe's Biggest Stock Market To London

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The announcement of a snap election has caused French firms to lose about $258 billion in value.

Trailing 97% Of Bond Funds, Western's Flagship Is Losing Cash

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A wager on a slowing economy has turned the Core Plus fund into one of the market's worst performers.

Fisher Investments Sells 20% Stake To Advent International, Abu Dhabi For $2.75B

by FA Staff

Ken Fisher said the sale was part of his estate planning strategy.

Summers Says Trump Tax Ideas Mean 'Mother Of All Stagflations'

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Relying on tariffs for revenue would lead to a “downward spiral” in the economy, the former Treasury secretary said.

Former CEO Of $2.3B Baldwin Brothers Launches High-EndRIA

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Harmony Wealth, headed by John Mannix, will focus on clients with more than $25 million, sources say.

Yes, Everyone Really Is Sick A Lot More Often After Covid

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At least 13 communicable diseases are surging past their pre-pandemic levels in many regions.

Foreign Investors Have Been Propping Up U.S. Bond Market This Year

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Overseas investors may still be getting encouragement from an improving macroeconomic outlook for the U.S.

Wells Fargo Penalized $495K For Allegedly Using Advisor's Name

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The bank used the advisor's name on its website long after he left the company, Finra said.

Firms Still Trying To Figure Out DOL Rule's Fiduciary Exceptions, Attorney Says

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The rule provides advisors, brokers and agents three routes for avoiding fiduciary mandates, attorney Fred Reish said.

Institutional Managers Upping Ante On Alternative Investments, Study Says

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More than half of surveyed institutional managers are planning to increase alt allocations, the study found.

U.S. Pensions Compete With Gulf Funds For First Shot At PE Deals

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US pension funds are rapidly losing ground to deep-pocketed Middle Eastern sovereign wealth funds.

Mass. Broker Barred By SEC For Allegedly Abetting Boss's Scheme

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The advisor had already been barred by Finra for allegedly helping her supervisor hide the scheme from LPL.

Nuveen Taps William Huffman As CEO

by FA Staff

He replaces Jose Minaya who had led the division for four years.

Medicare Updates Star Ratings That Inform Insurers' Payments

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The updated ratings will determine bonus payments for Medicare Advantage plans for 2025.

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