FA News

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In 'Goldilocks' World, Top BofA Strategist Touts Large-Cap Value

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Strategist Savita Subramanian sees "tremendous opportunities" over the next five to 10 years in large value shares.

Financial Markets See Trump Advantage After Presidential Debate

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Investors “are already busy” positioning portfolios for a potential Trump presidency, the deVere Group said.

N.Y. Advisory Firm With $150M AUM Leaves Commonwealth For Perigon

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Creative Financial Planning was launched by Lisa Hayes in 1985 with profits from a cleaning business.

Fed's Favored Price Gauge Slows, Supporting Case For Rate Cut

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The so-called core personal consumption expenditures price index increased 0.1% from the prior month.

Supreme Court's Sackler Ruling Upends Bankruptcy Settlements

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The ruling stands to change the way troubled organizations have used Chapter 11 to survive onslaughts of lawsuits.

A $400 Billion Frenzy As Nvidia, Crypto Boom: ETFs So Far In ‘24

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Exchange-traded funds have taken in more than $400 billion, the most in nearly three years.

Richmond Fed Prez Says Economy Is Withstanding Fed's Inflation Battle

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“All this tightening will eventually slow the economy," he said.

Wall Street Cop Finra Goes Quiet On The Beat As Its Caseload Plunges

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Critics contend the regulator has ratcheted down its pursuit of securities industry wrongdoers.

New Era Of Stock Supremacy Turns Tail-Risk Hedging Upside Down

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Owning too few shares is the new risk for a cohort of bulled-up investors.

Barred Ex-Morgan Stanley Broker Ordered To Pay Firm $1.9M

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A Finra panel rejected Candido Viyella's claims he was wrongfully terminated and defamed.

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 MLB pitcher 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.

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.

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