News

Displaying 43097 results
Investors who overestimate their financial acumen pay higher fees, Finra says
REGULATION AND LEGISLATION OCT 06, 2023
Investors who overestimate their financial acumen pay higher fees, Finra says

But those who showed objective knowledge paid less, research shows.

By Emile Hallez
Merrill adviser overseeing $350M moves to UBS
WIREHOUSES OCT 06, 2023
Merrill adviser overseeing $350M moves to UBS

Matt Burton will join the firm’s Indianapolis office.

By InvestmentNews
To short, or not to short? That is the question facing advisors
INDUSTRY NEWS OCT 06, 2023
To short, or not to short? That is the question facing advisors

Selling high and buying low is still a valid recipe for making money, yet most financial advisors are loathe to do it.

By Gregg Greenberg
Fed seen leaning toward another rate hike after big jobs gain
FIXED INCOME OCT 06, 2023
Fed seen leaning toward another rate hike after big jobs gain

'The acceleration in growth justifies higher rates and hawks will remain concerned about backsliding on progress made on inflation,' says an economist.

By Bloomberg
Investing evolves but some principles are evergreen, Charles Schwab reveals
INDUSTRY NEWS OCT 06, 2023
Investing evolves but some principles are evergreen, Charles Schwab reveals

As the firm marks its 50th anniversary, it’s asked for insights from clients old and new.

By Steve Randall
Savant boosts advisors' 401(k) management with Pontera partnership
RIAS OCT 06, 2023
Savant boosts advisors' 401(k) management with Pontera partnership

RIA hails 'significant operation improvements' from fintech platform.

By Steve Randall
New private fixed-income leaders for SLC Management
RETIREMENT PLANNING OCT 06, 2023
New private fixed-income leaders for SLC Management

Current leader is to retire from leading the growing PFI team.

By Steve Randall
FTX co-founder admits multibillion-dollar fraud
ALTERNATIVES OCT 06, 2023
FTX co-founder admits multibillion-dollar fraud

The crypto exchange collapse is being played out in court.

By Bloomberg
BlackRock fund loses $5B as emerging markets ETFs face churn
INDUSTRY NEWS OCT 06, 2023
BlackRock fund loses $5B as emerging markets ETFs face churn

Investors are pivoting from broad market funds to country-specific exposure.

By Bloomberg
US jobs report expected to show growth, but is change ahead?
INDUSTRY NEWS OCT 06, 2023
US jobs report expected to show growth, but is change ahead?

Bloomberg economists predict a sharp hiring slowdown.

By Bloomberg
Goldman's build-your-own ETF hub debuts first funds
MUTUAL FUNDS OCT 05, 2023
Goldman's build-your-own ETF hub debuts first funds

Goldman's platform is designed to help institutional clients launch their own ETFs while providing services such as portfolio implementation and capital markets solutions.

By InvestmentNews
FPA launches program to attract members from Ameriprise
REGULATION AND LEGISLATION OCT 05, 2023
FPA launches program to attract members from Ameriprise

An advocate questions whether the CFP credential's fiduciary obligation can apply in a firm where advisors are dually registered.

By Mark Schoeff Jr.
Team managing $800M joins Arkadios
RIAS OCT 05, 2023
Team managing $800M joins Arkadios

The trio, from JPMorgan and Capitol Group, have launched Clover Capital Partners in Atlanta.

By InvestmentNews
David Kowach's &Partners starts hiring advisors
PRACTICE MANAGEMENT OCT 05, 2023
David Kowach's &Partners starts hiring advisors

The new firm picks up advisors from Edward Jones and Wells Fargo.

By Bruce Kelly
LPL adds California team managing $150 million
BROKER DEALERS OCT 05, 2023
LPL adds California team managing $150 million

The Sacramento-based firm, Bradford Capital Group, was previously affiliated with Securities America.

By InvestmentNews
UBS nabs two teams from Bernstein Private Wealth
WIREHOUSES OCT 05, 2023
UBS nabs two teams from Bernstein Private Wealth

The teams, both in Philadelphia, collectively manage $1.7 billion in assets.

By InvestmentNews
Former $200M UBS team joins Snowden Lane Partners
ADVISOR MOVES OCT 05, 2023
Former $200M UBS team joins Snowden Lane Partners

The hybrid firm has added $4B in client assets in the past two years.

By Steve Randall
Dollar loses ahead of payroll data, but strategists see gains ahead
INDUSTRY NEWS OCT 05, 2023
Dollar loses ahead of payroll data, but strategists see gains ahead

Greenback weaker than most of its peers in early trading Thursday.

By Bloomberg
US IPOs buoyed by world's largest sovereign wealth fund
INDUSTRY NEWS OCT 05, 2023
US IPOs buoyed by world's largest sovereign wealth fund

The IPO market has seen a recent resurgence after poor run.

By Bloomberg
Citi believes China's economy has bottomed out and has boosted forecast
INDUSTRY NEWS OCT 05, 2023
Citi believes China's economy has bottomed out and has boosted forecast

Its analysts now expect growth of 5% for the world's second largest ecomomy.

By Bloomberg