FA News

Mercer Advisors Buys Two RIAs With Combined AUM Of Roughly $1 Billion

by

Mercer has added ClearRock Capital and Argosy Wealth Management to its expanding roster of acquired RIAs.

Soros Family Office, Texas Pensioners Lead Rush Into Hedge Funds

by , ,

Some well-known fund managers, sensing the moment, began accepting new capital for the first time in years.

Citi Pulls Back On Plans For Office Return In 13 States

by

Citigroup is still planning to return about 5% of employees to offices in much of the U.S. Northeast.

Women's Financial Gains Held Back By Covid, Advisor Says

by

Women already are being disproportionately hit by the epidemic's economic impact, a financial executive says.

Broker Interest In RIA Channel Remains High, TD Survey Says

by

Many brokers think joining an existing RIA firm will ease their transition.

Active Managers More Likely To Quit Than Sustain Outperformance, Study Says

by

Very few active fund managers consistently outperform their peers, according to an S&P indices scorecard.

Rehired Workers Get Fired Again When States Pause Reopening

by

Governors are taking swift action to combat a resurgence of virus cases, especially in the U.S. South and West.

ADP Says U.S. Firms Add 2.37 Million Jobs, Fewer Than Forecast

by

There's been a significant rebound in industries that have suffered the greatest job losses, an analyst said.

Americans Face 25% Jump In Power Bills, Adding To Summer Of Woe

by ,

Low-income families on average spend almost 9% of their budgets on energy bills.

Pandemic Shot From Pfizer, BioNTech Shows Promise In Early Test

by

The companies are evaluating at least four experimental vaccines at various doses.

Closing The Generation Gap In Stocks May Be Market's Next Act

by

For all the bullishness among the Robinhood crowd, there’s still among older generations a healthy dose of pessimism.

A $6 Million PPP Loan And Bankruptcy Keep Two U.S. Chains Afloat

by

They’re the two biggest recipients of Paycheck Protection Program aid that filed for Chapter 11 protection.

Cornell Says Bringing Students Back To Campus Reduces Virus Risk

by

Doing so makes all students subject to public health guidelines and compliance with testing, the university says.

Gold Climbs Above $1,800 For The First Time Since 2011

by ,

There are plenty of catalysts propelling the yellow metal’s price.

Powell Highlights Imperative Of Curbing Virus For Rebound

by , ,

Parts of the U.S. are scaling back reopenings amid a fresh surge in infection rates.

Quarterly Hedge Fund Liquidations Rise To Highest Since 2015

by

At the same time, net demand for hedge funds is at its highest in at least five years.

CFP Board's Ethics And Conduct Rules Are Now Being Enforced

by

The new Code of Ethics and Standards of Conduct were adopted in October after five years of work by the CFP Board.

Reg BI Goes Live, And The Vast Majority Of B-Ds Are Ready

by

Most firms are prepared for this, though stragglers are still playing catch-up.

Most Women Play Up Equality But Defer Financial Decisions To Men

by

A UBS report cites reasons why many women turn over financial matters to their spouses.

DOL Revises Its Fiduciary Rule To Allow Third-Party Compensation

by

The revisions bring the DOL rule in line with the SEC's Regulation Best Interest.