FA News

Democrats Deny Dodd-Frank Stifles Small Business Loans

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Democrats went on the offensive Thursday against charges the law has shrunk small business lending.

Advisors: Volatility To Come With Fed Inaction

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Unlike economists, who were evenly split on the chances for an interest rate hike on Thursday, advisors expected the Federal Reserve to stay the course.

Finra Approves New Antifraud Measures For Seniors, Disabled Adults

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The regulator approves a series of measures aimed at protecting seniors and disabled adults from financial fraud.

Are Millennials Becoming Fashionistas?

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Older millennials (ages 27-35) started to splurge in 2015, suddenly spending twice as much as younger millennials.

Doubleline Capital To Offer Global Bond Fund

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DoubleLine Capital, the investment firm overseen by Jeffrey Gundlach, filed a prospectus to offer a mutual fund that invests in bonds around the world.

Conservative Group Says DOL Fiduciary Rule Would Cost Average Saver $1,500

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The organization says investors would be forced to pay advisor fees for investment products and services for which they have already paid a commission.

It's Not Student Debt Keeping Young People From Buying Homes

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A blog post published by Zillow today shows that student-loan debt has little impact on the home-buying prospects of young families.

Obama Renews Carried Interest Tax Fight With Republican Help

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The president, now supported by Republican presidential candidates, again hopes to end a tax break exploited by private-equity managers, venture capitalists and hedge fund executives.

In Bond-Market Irony, Inflation Is Lower Than When Fed Eased

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The lack of wage growth has contributed to slower price gains.

UBS: Long Bonds Will Sell Off Today Whether The Fed Is Very Dovish Or Hawkish

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As the "will they or won't they" debate stretches into the 11th hour, it's a good time to examine how Wall Street expects the market to react to an array of potential Federal Reserve outcomes.

Labor Shortage Sparks Production Delays For U.S. Home Builders

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Home builders spent years waiting for the U.S. jobless rate to fall so more people would buy houses. Now that employment is up, they’re struggling to meet demand.

Can Goldman Survive In The ETF Market?

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With the $3 trillion in exchange-traded funds worldwide expected to double by 2020, Goldman Sachs is preparing to launch its first line of ETFs.

Next Gen Advisors Needed, NAPFA Says

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More young people are coming into the financial industry and they are needed to work with young clients, say NAPFA leaders.

Study: Advisors Flock To Social Media

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More advisors are using multiple social media networks to find their clients, and a recent study by Putnam Investments suggests that by doing so, they're also finding success.

Schwab: RIAs Hire More Women Than Other Financial Firms

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RIAs hire more women than the financial industry as a whole, but the number of female executives is still low, Schwab says.

Subcommittee Chair Zeros In On Young Savers As Fiduciary Rule Victims

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They will be particularly hurt because they will not be able to get advice at the start of their efforts to save for retirement, he says.

Can Donald Trump Be Stopped?

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Many campaign scalps may be claimed by the fiercest killer in this presidential race, says this observer.

NAPFA: Clients Do Not Know Their Protections Are Being Debated

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NAPFA leaders say clients do not know a DOL fiduciary rule is being considered.

Source Says Broker Ended Up A Pawn Between Warring Firms

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Peter Schiff's Euro Pacific and Oppenheimer are battling over a client raid that took place over Memorial Day weekend.

BlackRock Names Salim Ramji To Head U.S. Wealth Advisory

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BlackRock named Salim Ramji head of its U.S. wealth advisory business, succeeding Frank Porcelli, as the world’s biggest asset manager pushes to attract more retail clients.