FA News

Money Managers Guardedly Optimistic About '08

   The good news: Money managers are not predicting disastrous market declines for 2008...

Morningstar Names Fund Managers Of The Year

The envelope please . . ...

Developed Markets '08 Outlook: Expect Less Earnings and More Volatility

Don't count on boffo returns from some of the world's most developed markets in 2008, according to a survey of investment professionals in New York, London, Melbourne, and Tokyo by AXA...

Consumer Confidence Slightly Upbeat

After months of negativity, the Conference Board Consumer Confidence Index posted a slight uptick in December at 88.6 (1985=100), up from 87.8 in November...

Home Prices Sink Lower

Home prices slumped 6.1% during the past year as of October, as measured by the S&P/Case-Shiller Home Price index released today by Standard & Poor's...

CFP Board Chooses New Exam Director

   The Certified Financial Planner Board of Standards Inc. recently hired Julie T...

NAPFA Officials Bash Brokers Who Wear Two Hats

   Brokers who act as advisors one minute, only to take off their so-called fiduciary hats the next to sell products, are confusing the public and...

Advisors Express Concerns For 2008

   The majority of financial advisors (58%) think market performance and volatility will have a significant impact on their practices in 2008,...

Merger Creates Large W.Va. Advisory Firm

McKinley Investment Group and Kanawha Investment & Trust today announced they've joined forces to create a new entity called McKinley Carter Wealth Services, a company with $325 million in...

Fidelity Focuses On Breakaway Brokers

    The appeal of the independent advisory business model is a magnet for some brokers, and it appears that they're thriving in the independent environment...

Spoiled Kids And Early Lessons In Money Management

    Kids are spoiled and parents know it, and the lessons learned at home could help shape-or lead to misshapen-attitudes toward money in youngsters' later...

Ultra-Wealthy Upbeat About '08 Returns Despite Market Turmoil

    Almost 60% of ultra-wealthy Americans are optimistic about their investment portfolios in 2008, which is double the rate a year ago, according to a survey conducted by PNC...

Schwab Buys Etelligent Consulting

Schwab Performance Technologies (SPT), the portfolio management and accounting solutions subsidiary of The Charles Schwab Corporation, today announced it agreed to buy back-office outsourcing...

Changing Markets And Priorities For Wealthy Investors

         Volatile markets, a weak dollar and next year's presidential elections are some of the moving parts wealth managers must contend with when...

Americans Don't Save Enough

A new study confirms what we all already knew: Americans are lousy savers...

Alternative Investments More Common

    If alternative investments go mainstream, are they really alternative anymore? We'll find out in the next two years as greater numbers of pension funds, endowments and...

People Underestimate College Costs

    Parents of college-bound children who work with a financial advisor are slightly more prepared to pay for the growing expense of higher education than are those parents who...

Millionaires and Half-Millionaires Feeling The Blues

The Spectrem Affluent Investor Index fell 5 points in November to -5, matching its second-lowest level ever...

Michigan Repeals Investment Advice Tax

The hated Michigan services tax that would've hit a number of business activities in the state-including investment advice-died a quick death when it was repealed just hours after it went into...

Roadmap For RIA Growth

    Bright prospects in the financial advisory industry means terrific growth potential for independent registered investment advisory firms positioned to capitalize on the...