FA News

Affluent Investors Across Generations Mostly Steer Clear Of Robo-Advisors

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Boomers, Gen Xers and millennials make little use of the technology, new research finds.

Mohr Financial Group Joins Integrated Platform With $430M In AUM

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The father-and-son team is the 40th firm from Southern California to join Integrated.

AmeriLife Acquires Majority Stake In Brookstone Capital

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Brookstone’s founder, Dean Zayed, will continue to serve as CEO of his firm.

Jane Street Defends ETFs From Claims They Cause Market Stress

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The market maker says fears that ETFs cause liquidity problems for debt securities are unfounded.

Principal Introduces Three Low-Cost Multifactor ETFs

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These new products rank among the most cost-effective multifactor ETFs.

Betterment Launches High-Interest Savings, No-Fee Checking

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The offering is the latest in a heated competition to lure customers away from traditional banks.

Bernie Madoff Asks Trump To Reduce His 150-Year Prison Sentence

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Because of his time already served, the con man is essentially asking to be released.

Just 54% Of U.S. Student-Loan Borrowers Make Consistent Payments

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Outstanding student-loan balances have more than doubled in the past decade to about $1.5 trillion.

Millions Of U.S. Workers Lack Access To 401(k) Plans

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Millions of full- and part-time workers don't have the option of using 401(k)s for retirement planning, a study said.

Why The Old Rules For Building Retirement Wealth Are Obsolete

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Young America’s path to financial security is littered with some new landmines.

Facebook To Pay Record $5 Billion To Settle FTC Privacy Claims

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The accord will also require Facebook to keep a tighter leash on third-party apps.

Warren Wants To Stop Banks From Dominating Trillions In Payments

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She and other legislators plan to introduce a bill that would require the Fed to build a competing system.

DOJ Escalates Big Tech Scrutiny With New Antitrust Probe

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The probe comes amid mounting criticism across Washington that the companies have become too big and too powerful.

Amazon Has 'Destroyed' U.S. Retail Industry, Mnuchin Says

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Amazon holds less than 8% of the U.S. retail market.

Women Investors Less Ready For Retirement Than Men

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Even women working with advisors are more worried about the economy, markets and their retirements, says Nationwide.

Vanguard, Nuveen, Goldman Win Fight For Cash Flooding Into Muni Funds

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The biggest Wall Street firms are benefiting the most from the rush this year into municipal bonds.

TD Ameritrade CEO Hockey Says His Departure Is Unrelated To M&A

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He brushed off a direct question about whether the move was related to a potential deal with E*Trade.

Amplify ETFs, CNBC’s Tim Seymour Launch Cannabis ETF

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The actively managed fund adds to the small but growing list of pot-focused ETFs.

American Dream Of Owning A Home Out Of Reach For Many, Report Says

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Home price increases are far outpacing income growth in most areas of the nation, new research says.

Pimco Embraces An Unloved Market As Fed-Cut Bets Look 'Overdone'

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The company has a unique take on the bond market because "this is a unique situation," a Pimco executive said.