FA News

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Trump Election Sweep Likely Bullish For U.S. Stocks, RBC Analysts Say

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Tax and tariff policies are seen by investors as having the biggest impact for corporate earnings.

AI Can Only Do 5% Of Jobs, Says MIT Economist Who Fears Crash

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There's little chance AI will live up to the hype, says Daron Acemoglu, who adds that money will be wasted.

Fidelity Raises First Fund Dedicated To Venture Capital

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The firm raised $250 million, with backing from family offices, investment advisors and the wealthy.

Cambridge International Fined $200K Over Supervisory Failures

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The violations included failure to keep track of employees' electronic communications, Finra said.

LPL Fires CEO Arnold For Allegedly Violating Its Conduct Code

by FA News

The firm said CEO Dan Arnold made statements to employees that violated its respectful workplace policy.

CFP Board Touts Recruiting Successes, But Warns More Advisors Are Needed

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The supply of fiduciary advisors still can't meet the demand, board officials said.

Why Struggling Commercial Real Estate Debt Could Be A Great Opportunity

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Marc Weidner of Benefit Street Partners sees potential in the U.S. multifamily housing sector.

Dalio Says China's Leaders Face 'Whatever-It-Takes' Moment

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The comments came after Chinese stocks posted the biggest rally since 2008.

Regulators, DOJ Penalize TD Securities $28 Million Over Spoofing Scheme

by FA Staff

The former TD manager who allegedly committed the fraud is facing a criminal trial.

Tampa Bay Buccaneers Running Back Promotes Student Financial Literacy

by FA Staff

The financial literacy program is backed by Pathward, a national bank and financial services company.

African-American Advisor Association Names Its First CEO

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Sheena Gray joins the group after spending the past 14 years at JPMorgan Chase.

T. Rowe Price To Create Investment Institute

by FA Staff

The institute will help develop talent and serve as an educational tool for advisors and clients.

Beacon Pointe Acquires Two Firms With $600M In AUM

by FA Staff

The firm has brought on California firm Bridge Advisory and Charleston Investment Advisors of South Carolina.

Mercer Advisors Acquires $523M RIA In North Carolina

by FA Staff

Kiely Wealth Advisory Group has offices in four locations in North Carolina and serves 530 clients.

What's A Golden Visa And Where Can You Still Get One?

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Several governments are moving to end their golden visa programs or limiting who can apply for one.

Morgan Stanley Warns Of 70,000 Monthly Jobs Hit From Trump Tariffs

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The higher tariffs would crimp investment spending as well as consumption, the bank's economists said.

Advisors, Asset Managers Embrace AI With Reservations, Surveys Say

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The financial industry is still partly wary of AI technologies, according to recent research.

Strike Shuts Eastern U.S. And Gulf Ports, Threatening Economy

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The significance of a work stoppage depends on how long the strike lasts.

Why Private Credit Beats Public Debt For Fixed Income Allocation

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The higher expense ratio of private investments shouldn't dissuade investors.

Tech, But Not AI, Seen As Biggest Driver Of RIA Change, Schwab Survey Says

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Schwab's annual survey also found 70% of advisors are actively engaged in their clients' Great Wealth Transfer.

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