FA News

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Voters See Retirement Crisis Looming, Survey Says

by FA Staff

Eighty-seven percent of surveyed voters said they foresee a retirement crisis.

Advisors Need To 'Navigate' $18 Trillion Wealth Transfer, EY Says

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Advisors need to understand the needs of women and young investors to retain assets, a company report says.

First Quarter RIA M&A Activity The Second-Highest Ever, Echelon Says

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The number of transactions was up 20% from a year ago, the investment bank said.

S.C. Advisor Pleads Guilty To Tax Evasion

by FA Staff

The IRS said he failed to account for $2.5 million in money shuffled in overseas accounts.

DOL Approves Final Fiduciary Rule

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The controversial rule expands the fiduciary requirements when clients are given advice on retirement account rollovers.

'Peak' Boomer Retirements Will Reduce U.S. GDP By 7.3% By 2030, ALI Study Says

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The financial services industry is projected to lose 761,000 experienced employees during the retirement wave.

Ex-Mass Mutual U.S. Head To Lead Advisor360

by FA Staff

Mike Fanning retired from Mass Mutual Last May after 17 years with the company.

CAPTRUST Chooses CAIS To Centralize Alts Investments

by FA Staff

The partnership will allow CAPTRUST to consolidate its alternative products on one platform.

U.S. Business Activity Expands At Slowest Pace In Four Months

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New business at service providers shrank for the first time since October.

Creating Realistic Retirement Budgets--Tricks Smart Advisors Use

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Getting a true picture of a retiree's finances takes a bit of detective work, advisors say.

JPMorgan's Kolanovic Says ‘Correction' In U.S. Stocks Isn't Over

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Strategist Marko Kolanovic and his team have been among a small group of bearish contrarians on Wall Street this year.

Tesla Stock In 'No Man's Land' After 43% Rout Ahead Of Earnings

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Elon Musk's company is the second-worst performer in the S&P 500.

Goldman Strategist Says The Pullback In U.S. Stocks Is Not Over Yet

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Tactical specialist Scott Rubner said liquidity has fallen by 66% since the start of the month.

New Stock ETFs Offering '100%' Downside Protection Are Coming

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The upcoming downside-protection ETF lineup will primarily invest in derivatives.

BlackRock Plans First Mutual Fund-To-ETF Flip In Sign Of Times

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The world's largest asset manager will flip the $700 million BlackRock International Dividend Fund.

UBS Cuts View On 'Big 6' Tech Stocks As Earnings Growth Slows

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The firm downgraded the big tech companies to neutral from overweight.

Cresset Absorbs Two Ex-First Republic Teams With $5B

by FA Staff

The teams comprise 15 professionals who serve 160 client households.

Ex-Merrill Lynch Advisor With $820M In Assets Joins LPL

by FA Staff

Heritage Private Wealth of Midland, Texas, has joined the broker-dealer's independent platform.

David Rosenberg Sees Gold Hitting $3,000, Says Recession Is 'Delayed, Not Derailed'

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The contrarian economist thinks U.S. Treasurys could provide hefty gains as inflation continues to fall.

Firm Looks To Bring Structured Notes To Retail Investors

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The products provide a measure of safety and can be had for investments as low as $1,000, Halo Investing says.

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