FA News

Robinhood’s New Traders Ignore Danger Signs To Bet On Stocks

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New investors are flooding onto Robinhood's free trading app, perhaps at their own peril.

$400M Ohio Team Joins Dynasty Network Affiliate Keebeck

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The advisors were formerly with Merrill Lynch.

An Election Sweep Is Good For Stocks No Matter The Winning Party

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History shows the stock market does well when one political party has total control of Washington, D.C.

Credit Suisse Slashes Its ETN Business

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The company is delisting nine securities worth nearly $3 billion, reducing the ETN industry’s size by more than a quarter.

Trump’s Payroll Tax Cut Would Harm Social Security, Seniors Group Argues

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Seniors fear a permanent reduction in Social Security benefits to make up for tax cuts, Senior Citizens League says.

Stock Valuations Hit A Record In ‘Everything Is Expensive’ Rally

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Wall Street is freaking out about valuations once more.

This ETF Suite Aims To ‘Kick Ass’ On An Absolute And Risk-Adjusted Basis

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Tuttle Tactical Management’s four equity funds are all about assertive tactical asset management.

Ideanomics June Rally Tops 900% As Robinhood Users Swarm

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The latest move comes after the company announced an order for 200 electric vehicles by the Chinese city of Neijiang.

JPMorgan’s Mary Erdoes Warns of Stimulus-Fueled Zombie Companies

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Stimulus measures can make it hard to tell which companies are healthy and which ones aren’t, she said.

$430M New Jersey Team Joins Janney From Merrill Lynch

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The father-daughter practice in Mount Laurel, N.J., has a combined 70 years of wealth management experience.

CFAs Predict Slow Post-Covid Recovery

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A survey of CFAs also uncovered concerns about ethical standards and equity mispricing.

Ensemble Practice Promotes Diversity With Two G2 Minority Scholarships

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The initiative aims to improve diversity within the industry's leadership ranks.

U.S. Preps For 'Tremendous Burden' Of Flu, Covid Hit At Once

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The CDC developed a test that can check for both viruses at the same time.

Blackstone's Schwarzman Sees 'Big V' Economic Rebound In Next Few Months

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Blackstone has been “aggressively” looking to put some of its $150 billion in dry powder to use, he said.

Apple To Redesign iPhone Home Screen And Add Translation App

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The new software will let users set a default email or web browser not made by Apple for the first time.

Pandemic Relief Figures Big In Clients' Midyear Tax Moves

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New rules have altered the playing field when it comes to tax management and retirement planning.

UBS Duo Managing $300M Joins Raymond James In Florida

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Ernesto Angueira and Eric Muñoz operate as Alianza Wealth Management Group of Raymond James.

N.Y. MTA Chief Says Agency Set To Run Out Of Cash By August

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Earlier this year, the system received $3.8 billion with the enactment of the $2 trillion stimulus package in March.

UBS Says One-Third Of Staff Could Permanently Work Remotely

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The Swiss bank employs just short of 70,000 people in 50 countries.

$450M RayJay Team Joins Janney In Fla.

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The former Raymond James team will bring a high-tough approach to wealth management in their new position at Janney.