FA Online

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N.H. Advisor Ordered To Pay Nearly $6M Penalty For High-Risk Investments

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Thomas Chadwick sold mom-and-pop investors highly leveraged notes that became worthless during the pandemic, state regulators said.

Broker Sues Vantage Capital Alleging Discrimination Over Cancer

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She alleges the firm coerced her into quitting her job after her illness.

NYC Advisor Gets More Than Six Years For $6M Ponzi Scheme

by FA Staff

Some of Surage Perera's victims lost their life savings or had to delay their retirements, prosecutors said.

Bill Gross Says Total Return Strategy He Pioneered Is 'Dead'

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The billionaire investor known as the "bond king" said that yields nowadays don't allow much room for price appreciation.

U.S. Labor Costs Rise By Most In A Year As Productivity Cools

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Productivity rose at a 0.3% annualized rate after a 3.5% gain in the prior period.

Jerome Powell Offered Markets A Reprieve. It Vanished In A Blink

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Investors are now unsure if rates will be cut at all this year.

When Wealth Managers Call Upon Other Advisors To Help Their Rich Clients

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By following these rules, wealth managers can become more competent and no longer need to rely on other wealth managers.

What The Wealthiest Investors Want From Advisors

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The wealthiest investors are interested in working with advisors who help them lead a life of significance and meaning.

Bitcoin Slump Triggers Warning Of 'Trouble Ahead' For Global Markets

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Some see the cryptocurrency's slide as a sign that investors are growing averse to risk.

Why Advisors Should Consider Embracing AI

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There are things that AI will do better than humans can. Personalization, communication and empathy will all be enhanced.

Bitcoin ETFs Flash Sign Of Stress As Discounts Reach Records

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Amid a token slump, some of the largest bitcoin ETFs saw big discounts to asset value.

What's Driving The Global Gold Rush?

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A recent surge in the gold price is symptomatic of a changing world order.

Bill Hwang On Trial: The Criminal Case Against Archegos's Founder, Explained

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Hwang faces charges of fraud and racketeering conspiracy that could put him behind bars for life.

Baird, CAIS Expand Partnership To Offer Alternatives Access

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The expanded platform gives advisors more access to alt investments off the platform.

The New Fiduciary Rule Offers Carve-Outs For Sales, But Be On Guard

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Such activities need to be specific and scripted to avoid violations, an industry attorney warned.

BIP Wealth Acquires $300M Money Advisor Group

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The Money Advisor Group raises BIP's assets to $3.3 billion and expands its Georgia footprint.

Schwab Charity Funnels $250 Million To Right-Wing Causes

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The donor-advised fund gave tens of millions to a group associated with conservative activist Leonard Leo.

Only 26% Of Americans Have Created An Estate Plan, Survey Finds

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Wealthier people, especially males and those with an advisor, are the likeliest to have a plan.

LPL Adds Ex-Cambridge Duo With $200M In Assets

by FA Staff

Timothy Heisterkamp and Max Neese operate Journey Financial in Jefferson, Iowa.

Look Carefully At Commodity ETFs Before Leaping

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These funds are not all the same.

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