FA News

How The Pandemic Exposed Big Gaps In Clients' Financial Plans

by

Clients are re-evaluating their goals amid the Covid-19 crisis, said roundtable participants.

JPMorgan Sounds Warning On Market Correlations At 20-Year Highs

by

One-year correlations across 30 asset classes have hit generational highs.

NY Life To Teach Advisors About Sustainable Investing

by

A knowledge gap exists for advisors and investors about sustainable investments, NY Life says.

Cresset Rises To $9.5B AUM After Acquiring Virginia-Based RIA PagnatoKarp

by FA Staff

PagnatoKarp will retain all of its employees and continue serving its clients after the deal.

Fed’s Kaplan Says U.S. Recovery Faces Upside And Downside Risks

by

Kaplan said that the long-term performance of the U.S. economy depends on public health.

Wall Street Struggles To Avert Peril In Latest U.S.-China Flashpoint

by , ,

Wall Street is pushing back on proposals to de-list Chinese companies from U.S. exchanges.

Watchdog Says Fast Paycheck Protection Loans Could Lead To Fraud

by

The rush to get stimulus to small businesses may create a fraudster feeding frenzy.

Powell Urges Congress Not To Remove Fiscal Support Too Fast

by

The Fed chair also encouraged lawmakers to consider extending support for unemployed Americans.

SRI Forecasts A Slump In Annuity Sales

by

But RILAs are expected to continue to grow as consumers seek protection, safety and growth.

The Tax Rule That Inspired Billionaires And Movie Stars To Back Climate Moonshots

by

Donor-advised funds and other charitable vehicles are being used to make positive climate impacts.

What Pilots Do When A Pandemic Grounds Half The World’s Planes

by , ,

The airline industry has been slow to recover since the outbreak began.

NASAA Investigators Identify 91 Alleged Covid-Related Investment Scams Since April

by

More than 90 alleged investment schemes have been uncovered by a NASAA task force.

HHS Doled Out $50 Billion To Firms Accused Of Medicare Fraud

by ,

Despite efforts to crack down, Medicare and Medicaid fraud continue to run rampant.

Trump Tax Break Fails To Deliver For Communities, Study Finds

by

Thus far, "opportunity zones" don't seem to be creating many opportunities.

Recovery Runs Into New Risk In Vast Partisan Gap On U.S. Economy

by

Democrats appear to be sitting out the economic recovery, perhaps for political reasons.

Who Will Profit The Most From A Green Recovery?

by

ESG investors are turning their sights to structural inequality.

Wall Street Fixates On A College Side Project Tracking Robinhood

by

The creator of Robintrack.net was once turned down for a job at Robinhood.

Trillions In Stimulus Go Unchecked With Watchdogs Kept Toothless

by

As stimulus money streams out the doors, agencies to oversee the programs are barely functional.

Lessons From The Brink: How $4 Trillion Of ETFs Bounced Back

by ,

ETFs thrived while the outbreak and recession disrupted much of the financial industry.