FA News

Republican Senators Call For Vote On Retirement Plan Reform

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The landmark SECURE Act has stalled in the Senate after being overwhelmingly approved in the House.

FPA Names TD Ameritrade's Schweiss As 2020 President-Elect

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Schweiss currently serves on the FPA board of directors and as president of NAPFA's Consumer Education Foundation.

Baby Boomer Couple Would Have Done Better With An All-Bond Portfolio

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Diversification would have supplied enough for retirement, but all-bonds would have done better, a study shows.

Muni Sales Set To Surge Most Since 2017, Extending Supply Boom

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Municipal bond issuers are expected to sell $21.4 billion in debt over the next month.

U.S., South Korea Bust Giant Child Porn Site By Following Bitcoin Trail

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The site encouraged users to upload videos and hundreds of thousands of illicit images.

Fidelity, Florida Pension Fund Examine Fisher In Wake Of Lewd Comments

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Fisher Investments manages about $500 million for Fidelity Strategic Advisers.

Evans Says Fed May Want To Cut Interest Rates Again Given Risks

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The Chicago Fed president said he's "open minded" on future rate reductions.

Fidelity Charitable Expects Giving To Reach Record High In 2019

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Grant making by Fidelity Charitable is expected to grow by 37% this year, the donor-advised fund announced.

New Family Foundations Focus On Public Policy, Impact Investing

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Foundations created before 1970, meanwhile, are more likely to be focused on education, a new study says.

JPMorgan Manager Bets On Steeper Curve As Tariffs Begin To Bite

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The manager thinks slowing global growth and trade tensions will force the Fed to lower rates twice more in 2019.

Female CFOs Brought In $1.8 Trillion More Than Male Peers

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Female CFOs may be outperforming their male peers because they’re held to a higher standard, a researcher said.

JPMorgan Veteran Refuses To Buy 'Insane' Negative-Yield Bonds

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The JPMorgan Asset Management fund manager says he’d retire before buying sub-zero securities.

Democrats Argue Over How Much To Tax the Rich

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The fourth Democratic debate on Tuesday revealed sharper edges than its predecessors.

Former Woodbridge Group CEO Gets 25 Years In $1.3 Billion Fraud

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Robert Shapiro, 61, promised returns as high as 10% from investments in loans to property developers.

Michael Hasenstab Fund Loses $3 Billion In A Miserable Quarter

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The fund was heavily invested in Argentinian local-currency bonds that defaulted in August.

SEC Adds $11 Million To Penalty In Cetera Fraud Case

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The agency added Cetera Advisor Networks to a complaint that alleges clients were defrauded of $21 million.

Calif. Sheriffs Officers Get Financial Planning As Benefit

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Deputy sheriffs in San Diego County will have access to advice from Facet Wealth.

America's 'Green Economy' Is Now Worth $1.3 Trillion

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A new national database for clean business says U.S. industry is leading the way, but China isn’t far behind.

Advisor Clients Feel Better Prepared For A Recession, CFP Board Survey Says

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U.S. adults with no advisors exhibit more anxiety about their ability to withstand an economic slump, the survey said.

Brain Behind Wealth Tax Makes New Case For Soaking Billionaires

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He has a radical plan to reverse spiraling inequality and at least two Democratic frontrunners are listening.