FA News

U.S. First-Quarter Household Wealth Hits Record As Stocks Surge

by

Net worth for households and non-profit groups increased by $4.69 trillion, or 4.5%.

The FCC Just Voted To Stop 'Scourge' Of Robocalls. Will It Work?

by

The measure applies to both landline and wireless telephone systems, but political organizations, pollsters and survey takers are exempt.

Gundlach Recommends Closing Trade That Returned 22% In A Month

by

He recommended a bond strategy that's paid off handsomely.

Maxine Waters Calls On SEC To Rescind Reg BI Retail Advice Rules

by

One day after passage, the House Banking Chairwoman said the SEC failed to protect investors.

SEC Charges Two In $2.2 Million 'Prime Bank' Scheme

by

All such schemes are fictitious, the SEC warned.

Billion-Dollar RIAs Outperform By Reinvesting In Themselves

by

These RIAs generate gross profit margins nearly 20 percent higher than other firms, says TD Ameritrade.

U.S. Trade Deficit Narrows as Exports, Imports Both Plummet

by ,

It will add to economic growth and allow Trump to claim some victory, although it will cost American companies.

Former Star Manager Fights History For Survival As His Fund Empire Implodes

by

The shock announcement to block withdrawals from its flagship fund is almost without precedent.

A Client Couple Plans To Divorce. Who Do You Help?

by

An advisor faced that conflict when a business-owning couple decided to divorce. Here's how he solved it.

Assume Data Has Been Compromised, Advisors Warned

by

The latest scam: Crooks are trying to open new accounts with your clients' data, TD warns.

Fidelity Creates Managed Accounts Platform

by

The Fidelity Managed Account Xchange will be available to registered investment advisors and broker-dealers next year.

'Jury Still Out' On How Reg BI Will Impact Investment Advisors, IAA Exec Says

by

While B-Ds celebrate the new rule, IAA is concerned it could blur the lines between investment advisors and brokers.

Fed Beige Book Says Economy Improves, Growing At Modest Pace

by

Overall wage pressures remained “relatively subdued” with some employers boosting benefits, the report said.

Steepening Yield Curve Shows Market Isn't Waiting For Fed To Act

by

Futures reflected more than 70 basis points of easing in 2019 at one point Wednesday.

Younger Business Owners More Confident About Retirement

by

Millennials are more optimistic that their long-term investment plans will meet their retirement goals, a survey says.

Tom Petty's Estate Is In Chaos—And That's With A Will

by

Unlike a lot of other famous singers, Petty had an estate plan. But let's just say it could have been worded better.

SEC Approves Best-Interest Rule, Broadens Brokers' Ability To Offer Advice

by

The ruling broadens the ability of brokers to offer investment advice without registering as RIAs.

Goldman Sued By Gay Vice President Claiming Discrimination

by

The lawsuit alleges he was excluded from a call with a Goldman client because “he sounded too gay.”

Sweeping Overhaul Of Broker Conduct Rules Set For Approval By SEC

by ,

But the securities industry and consumer advocates remain sharply divided over what it will mean for investors.

Time Is Right For International Equities, Money Managers Say

by

A number of key factors are pointing to overseas companies outperforming U.S. stocks, fund managers say.