FA News

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Alts Providers Partnering Up To Capture $1 Trillion In Assets, Cerulli Says

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Firms are forming alliances to capture the business of retail clients and advisors, the firm says in a new report.

Risks To Job Market Start To Emerge In Regional Fed Surveys

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Americans are noting more limited employment opportunities.

Path Digital Offering Crypto Model Portfolios To Advisors

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The Chicago-based advisor has also launched a crypto trading app for retail investors.

Will The DOL Appeal Court Stay Of The Fiduciary Rule?

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Attorneys say court stays on the rule are likely to remain in place until after the presidential election.

Buffett's Berkshire Hathaway Tops $1 Trillion In Market Value

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Berkshire's rally this year has outpaced the S&P 500's gains.

Supreme Court Keeps Biden Student-Loan Relief Plan On Hold

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The high court order is likely to mean months of additional uncertainty for millions of borrowers.

Annuity Sales Set Record With Double-Digit Q2 Gains

by FA Staff

Fixed-indexed and registered index-linked annuities drove the surge in sales, Limra said.

Advisors Need To Focus On How Tech Will Help Clients, Fintech Execs Say

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Clients only care about how new technologies will solve their problems, executives said.

Bitcoin Hits One-Week Low As Boost From Powell's Signal Unravels

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Bitcoin's tumble comes despite a streak of inflows into ETFs for the original cryptocurrency.

Fidelity's 401(k) Millionaires Hit A New High As Gen X Steps Up

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IRA contributions for Gen X savers were up 30% from a year ago.

SEC Retreats From 'Swing Pricing' Mandate For Mutual Funds After Stiff Opposition

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Critics said the proposal would have put heavy burdens on investors saving for retirement.

Clients Must Consider Taxes Before Moving Overseas, Advisors Say

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Becoming an expat doesn't mean you've escaped the jurisdiction of the IRS, they warn.

Mortgage Rates Drop Again To Lowest Level Since April 2023

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The contract rate on a 30-year fixed mortgage eased for a fourth week to 6.44%.

Americans Shop Around For Insurance More Than Ever As Costs Soar

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The quest for money-saving alternatives reflects a rapid run-up in insurance premiums in recent years.

NFL Ushers In New Era by Allowing Private Equity Ownership

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Transactions involving private equity firms are expected to happen quickly.

Warren Buffett Sells More BofA Shares, Reaping $982 Million

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Berkshire Hathaway has trimmed the stake by almost 13% since mid-July.

Goldman Sachs Analysis Sheds Light On Rise Of Commodities In ESG

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ESG portfolios are increasingly including oil, gas and mining stocks, a study by the firm found.

Investors Brace For Junk Debt's Last Gasp Before Election

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Companies are expected to sell between $55 billion to $65 billion of junk bonds and leveraged loans next month.

Madison Avenue Condos Near Empire State Building Hit Chapter 11

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The condos join a handful of notable residential properties that have ended up in Chapter 11 in recent years.

Muni Bargains Abound In Rush To Raise Debt Ahead Of U.S. Election

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State- and local-government bond yields are at the cheapest since late 2023.

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