FA News

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Boston Office Slump Sets Up $400 Million Burden For Residents

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Boston residents face a sharp increase in property taxes or risk $400 million of budget cuts.

U.S. Economy Shows Further Signs Of Slowing Under High Rates

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The data shows how the Fed's interest rate policy has tempered demand.

Mariner Sues Savvy For Allegedly Poaching Advisors And $60M In AUM

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Mariner claims Savvy lured Cincinnati advisors to gain a foothold with Procter & Gamble clients.

B-D Arkadios Capital Recruits $850M Advisor Team From LPL

by FA Staff

Gulf Coast Wealth Management of New Orleans was with LPL for more than 20 years, the broker-dealer said.

CFP Board Filing Supports DOL's Fiduciary Rule

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In an amicus brief, the board said the rule is needed to eliminate conflicts and fill regulatory gaps.

Supreme Court Curbs SEC's In-House Judges In Fraud Cases

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The decision could reduce the commission's ability to extract high-dollar settlements.

Ex-PNC Team With $380M In Assets Joins LPL Platform In Del.

by FA Staff

First Summit Capital Management is led by Thomas Cooney and includes former baseball player Mark Freed.

'Volatile And Unpredictable': Why Fast-Money Traders Like Trump

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A breed of global fast money traders thrive on volatile markets.

Americans' Pandemic Savings Are Gone. The Economy Is Bracing For Impact

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The savings cushions that helped Americans weather high prices have worn through.

Empty Offices Risk Wiping Out $250 Billion In Commercial Property Value

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Nearly one-quarter of all U.S. office space will be vacant by 2026 as working from home continues.

As Political Debates Heat Up, Advisors Try To Focus On Portfolios

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Advisors say letting politics determine a client's financial and investment decisions is a mistake.

Younger Adults More Open To AI In Their Financial Lives, Survey Says

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A Northwestern Mutual survey found that views on artificial intelligence often vary by age group.

Former Sanctuary CEO Dickson Among Founders Of New RIA Aggregator

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Industry veterans Jim Dickson and Mark Penske raised money from family offices for the launch.

Bond Traders Boldly Bet On 300 Basis Points Of Fed Cuts By March

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Investors have been scouring economic data and Fed officials' remarks for clues on the timing of Fed easing.

Former SEC Chair Clayton Blasts Agency's Climate Change Rules

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The agency chief under the Trump administration told the SEC to "stay in your lane."

New-Home Sales Slump To Slowest Pace Since November

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The sales pace is now at the low end of the range seen over the past year.

Dynasty Program Teaches Advisors How To Act As CEOs

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The firm collaborated with MIT to train first-time executives on how to run their businesses.

Bond Market Faces Election Risk After Falling In Step With Fed

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The risks and unknowns around the campaign trail could jostle the market.

Even High Earners Worry About Making Ends Meet, Fed Poll Finds

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The share of people having trouble with their bills is also ticking up.

BlackRock Muscles Into Private Assets Market For Wealth Clients

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The firm will work with Chicago-based GeoWealth to offer private equity and debt funds.

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