FA News

Two-Thirds Of Investors Say Advisors Are Worth The Cost

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Despite the turmoil, individual investors are satisfied with their advisors, says Cerulli Associates.

Lobbyist Jack Abramoff Charged In Cryptocurrency Case, U.S. Says

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The onetime Washington insider who went to prison in a lobbying scandal, was charged with a criminal conspiracy.

IRS Wasting Millions On Audits With No Results, Watchdog Says

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A watchdog says the agency wasted $22.7 million auditing tax returns and getting no additional revenue.

RIAs Caught Overcharging In Private Equity Funds, SEC Says

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RIAs running private equity funds have been overcharging, says the SEC, which also cited conflicts of interest.

Investor Optimism Hits Lowest Level In Wells Fargo Retirement Index

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But investors remain upbeat about reaching their long-term financial goals.

How Tax-Savvy Advisors Can Help Clients During Market Downdrafts

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Slumping equity markets aren’t fun, but shrewd accounting moves can turn losses into positives.

CFPs To Face Increased Scrutiny And Enforcement

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CFP Board has allocated $5 million for enforcement efforts, board execs said.

IRS Sent $1.4 Billion In Stimulus Checks To Dead People, Audit Finds

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A government watchdog bemoans testing problems and fraudulent payments in the U.S. pandemic response.

Europe Is Approaching A Disastrous Economic Cliff Edge

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In coming months, emergency programs will expire across Europe, creating the risk of a second-wave economic hit.

Over $100 Billion In PPP Loans Unclaimed In U.S. Relief Aid

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The Paycheck Protection Program had more than $100 billion in funding left as of June 20.

U.S. Recovery Looks To Be Ebbing In States With Virus Outbreaks

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The result is likely to be an uneven recovery, even as GDP rebounds.

Biden Now Leads In Six States Key To Trump's 2016 Victory

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Biden's lead all but erases the advantage Trump enjoyed with white voters in 2016.

Americans With Student Loan Debt Have Covid-19 Buyer’s Remorse

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College students are growing more wary of graduating with student debt that will take years to pay off.

Brookfield Says Office Demand Has Increased As Workers Return

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Companies are keen to return to the workplace after spending as long as three months in lockdown.

Millennial Job Mobility Set To Decline Because Of The Pandemic

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Less than a third of millennials now anticipate changing jobs in the next two years.

Unrest Is Changing The Way Americans Spend Money

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The shocks of a virus, lockdowns and civil unrest have people changing the way they spend their money.

Working From Home? Direxion’s Got An ETF For That

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The new fund’s portfolio focuses on four key technology sectors that enable the work-from-home experience.

Choosing The Right Words With Clients During Crises

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Invesco has created a program designed to strengthen advisors' communication with clients.

New CFP Board Rules May Herald Start Of Advisor Tech Standards

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A CFP Board technology standard requiring advisors to exercise "reasonable care" takes effect June 30.

Global X Expands Catholic-Themed ETF Lineup

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The company’s existing Catholic-values ETF has $344 million in assets and has been a steady performer.