FA News

Insurance Broker Buys Retirement Financial Firm

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The deals come in the wake of surge in mergers and acquisitions in 2018.

More Fed Officials Pile On Bandwagon Favoring Rate-Hike Pause

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The public statements point to the Fed taking a break from raising rates in the coming months.

State Street Lays Off 15% Of Senior-Management Ranks

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Those affected include executive vice presidents and senior VPs.

NYC's De Blasio Seeks Paid Vacation Law For Private Workers

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The law would guarantee two weeks paid vacation or personal time to every employee.

Vanguard To End Purchases Of Leveraged And Inverse Funds On Its Platform

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Starting later this month, the company won’t accept purchases in leveraged or inverse mutual funds, ETFs or ETNs.

Advisors Say They Want More ESG Fixed-Income Options

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Advisors in an Incapital survey said conservative investors need more ESG bond offerings.

Hysteria Around A 70% Tax Rate Gets A Reality Check In Sweden

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Economists say high taxes work in the Nordic region because the notion of state welfare is deeply rooted in its culture.

St. Louis Fed President Warns Of U.S. Recession If Rates Keep Rising

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The Fed is close to "going too far" in raising rates, James Bullard said.

Goldman's Last Million-Share Man Set To Go As Partnership Fades

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The firm's top lawyer is retiring after a career of waging legal battles.

Bonds Are Back As Your Best Hedge Against Stock-Market Doom

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BlackRock says it’s once again a good idea to have Treasuries in a portfolio.

Cryptocurrency Ethereum Classic Software Remains Under Siege

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It appears some computers supporting the network have falsified transactions.

Gold Sparkles As Possible Portfolio Diversifier

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The yellow metal outperformed the S&P 500 last year, and appears to have room for upside this year.

The SEC Is Actively Monitoring Your Online Communications. Are You?

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RIAs should tell employees they could be fired for inappropriately using social media or personal email, the SEC says.

Cancer Deaths Among Americans Are Way Down, But Only If You're Well Off

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Health insurance and access to care can be an issue in some poor and rural portions of the country.

Endowments And Foundations Suffer Off-Kilter Asset Allocations

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Just over half of the endowments responding to CAPTRUST's survey work with an RIA and most invest in mutual funds.

Bond ETFs Dominate Early ’19 Fund Flows

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Various factors have made fixed income a more desirable place to invest.

ESG Influence On Credit Ratings Revealed By Fitch Ratngs

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The new ESG scores provide more information for advisors and investors, Fitch says.

Atria To Acquire NEXT In Quest To 'Reinvent' Independent Advisor Services

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Atria Wealth Solutions has struck a deal to acquire its fourth broker-dealer since it was created over a year ago.

Navient Tops CFPB List With Most Student Loan Complaints In 2018

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LendEDU has released its 2018 Student-Loan Complaint Report.

Did Gundlach's Year-Ago Market Calls Come True?

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See what Jeffrey Gundlach, DoubleLine Capital’s CIO, got right -- and wrong.