FA News

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U.S. Investors Should Expand International Holdings, Janus Henderson Exec Says

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Foreign banks and defense companies offer attractive opportunities, he said.

eMoney Launches New Client Visualization Feature Called 'My Plan'

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The feature gives end clients significant control over how they see their financial plans

Advisors Fail At Income Planning, Says A Panel Of Consumers

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Only 27% of investors say their advisors mention income planning, according to Alliance for Lifetime Income research.

Boston Residents Face 28% Tax Hike As Office Values Slump

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The city has a heavy reliance on property tax revenue. The office demand slump left it vulnerable.

FP Alpha Announces Estate Lab Enhancements For Sunsetting Tax Law

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The sunsetting Tax Cuts and Jobs Act could mean changes for clients' estate plans.

3 Former Spartan Capital Reps' Excessive Trades Cost Clients Millions, Finra Says

by FA Staff

The former reps were suspended for trades that led to millions in fees and losses for 13 clients, Finra said.

Hurricane Milton Has Reshaped Storm Science Even Before Making Landfall

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Scientists will be studying the reasons that the storm suddenly became so powerful.

Ex-Merrill Lynch Trio With $685M Joins LPL Indie Platform In Kansas

by FA Staff

Air Capital Wealth Management is affiliated with LPL Strategic Wealth Services.

Wall Street Salaries Decline Further From Pandemic Heights

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Salaries in New York City's securities industry fell for a second consecutive year in 2023.

What A Trump Or Harris Administration Might Attempt To Achieve

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No matter who's in office, the next administration will have to cut deals, says Bruce Mehlman.

U.S. Weighs Google Breakup In Historic Big Tech Antitrust Case

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Antitrust enforcers are weighing a breakup to mitigate the Alphabet business's dominance in search.

AI's Thirst For Power Turns Utility Stocks Into Big Tech Proxies

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The demand for power is supercharging returns in utilities (and shaking up the S&P 500).

Bill Gross Recommends Shift To Defensive Stocks As Rally Loses Steam

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Investors should expect low but positive returns on their investments, he said.

Cerity Partners Acquires $1B AUM Indianapolis Wealth Manager

SBC Wealth Management is the latest in a series of deals completed by the New York City-based RIA.

Hurricane Milton Is About To End Tampa's Century Of Good Luck

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A direct hit is looming for a thriving retirement mecca that has long avoided the worst effects of powerful storms.

Catastrophe Bond Investors Brace For Huge Losses As Milton Rages

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There are signs that some cat-bond traders are starting to lose their nerve.

Cetera Acquires Protective Life's Hybrid Business, Concourse Financial

by FA Staff

The deal brings 350 professionals and $4 billion AUM to the independent broker-dealer.

Michigan State Channels Warren Buffett To Beat Ivy League Funds

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Michigan State's fund returned more than 15% for the year ended in June.

Finra Panel Orders Wells Fargo To Pay Fired Broker $1.4M

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Harry Pappas of Ponte Verdra Beach, Fla., claimed he was wrongfully terminated and defamed by the bank.

El-Erian Says Bond Market 'Lacks Anchors' For Fed Rate-Cut Path

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Both inflation and employment data will drive the Fed's decision-making, the economist said.

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