Financial Advisor

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Rollout Of Financial Aid Revamp Leaves Students In The Lurch

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The updated Free Application for Student Aid has been plagued by delays and glitches.

Bitcoin Tops $73,000 To Hit New Record On Insatiable ETF Demand

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It was bolstered by record-breaking inflows into U.S. exchange-traded funds.

Global Art Sales Dropped 4% Last Year, UBS Market Report Finds

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Inflation suggests the real value of the contraction is more severe.

Corporate Bond Rush Is Breaking Down A Maturity Wall That Everyone Feared

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Despite worries about maturing bonds, companies are rushing to sell debt to a buoyant market.

Single-Stock ETFs Are Surging In A Market Known For Diversity

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The emergence of these ETFs has allowed investors new ways to concentrate on a single company.

Americans' Financial Insecurity Is At A Record, Survey Says

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A third of adults in a Northwestern Mutual survey said they don't feel financially secure.

Upstarts Challenge A Foundation Of Modern Investing

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Small arguments about data have high stakes in this corner of finance.

Raymond James Hires 10 From Citi's Closing Muni-Bond Group

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Raymond James has been on a hiring spree for its public finance division for years.

Large Acquired RIAs Are Losing Clients, Advisors At An Alarming Rate

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Staff turnover has an insidiously harmful effect on advisory firms.

Fidelity Introduces Active ETF Suite

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The new suite involved the retooling of some existing funds in the large and small-cap categories.

Nvidia 'Bubble' Talk Spreads To ESG Fund Managers Who Rode Highs

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There's now some concern that Nvidia may end up a victim of its own success.

$6B AUM San Diego Firm Pure Builds Western U.S. Presence With 2 Acquisitions

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The firm announced the purchases of Symphony Financial Planning and Crestline Capital.

Drucker Wealth Forms RIA To Grow Younger Client Base

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The New Jersey firm sought control over technology and client engagement in ditching its broker-dealer.

FSI Sues DOL To Toss New Independent Contractor Rule

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A trade group coalition wants to restore a rule implemented in 2021.

Growing Share Of U.S. Workers Get A Pay Freeze In Atlanta Fed Data

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A slowing rate of inflation is easing the pressure for pay to keep up with the cost of living.

Fidelity International Plans 1,000 Layoffs With Costs In Focus

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Other money managers such as BlackRock, Wellington and T. Rowe Price have already cut jobs.

Wealth Of U.S. Seniors Surged $91,000 In Pandemic On Housing Gains

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Households headed by people 18 to 39 saw the smallest gains in dollar terms.

Bitcoin Tops $67,000 On ETF-Led Demand Even With Grayscale Outflows

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The high demand from U.S.-listed bitcoin ETFs leads to a frenzy for tokens.

Mark Casady Joins Foundation Source Board Of Directors

by FA Staff

Casady has been a leader in fintech and philanthropy for four decades.

E&O Insurer Saw 213% Rise In RIA Policy Payouts Last Year

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The increase was directly tied to client complaints arising from the 2022 market slump, the company said.

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