FA News

Nearly One-Third Of Advisor Clients Express Regrets About Post-2008 Portfolios

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Many investors who used advisors said they would have handled their investments differently after the financial crisis.

A $1 Trillion Cash Hoard Holds Key To The Fate Of Risk Assets

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A lot is riding on whether the incipient move out of cash, where it’s earning virtually nothing, continues.

Dalio's Bridgewater Warns Of Possible 'Lost Decade' For Stocks

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The pandemic-induced collapse in demand has resulted in a huge fall in U.S. corporate profit margins, the firm said.

Cuomo Floats Quarantine For People Entering N.Y. From Florida

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Gov. Andrew Cuomo said he's considering ordering self-quarantining people coming into the state from Florida.

SBA Issues 'EZ' PPP Loan Forgiveness Application

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The EZ application requires fewer calculations and less documentation for eligible borrowers.

Fauci Says 'Football May Not Happen This Year' Due To Virus

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Many NFL teams and college programs have already started voluntary workouts in preparation for the 2020 season.

iShares Debuts Half-Dozen ESG ETFs

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The new funds expand the company’s sizable lineup of ESG products.

LPL Rolls Out Enhanced Advisor Support Tools

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The tools give advisors more flexibility in accessing on-demand service support through ClientWorks.

iCapital To Acquire Wells Fargo Alternative Investments Feeder Fund Platform

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Wells Fargo is the latest to join the consortium of wealth and asset managers strategically invested in iCapital.

UBS $1.2 Billion Wealth Team Breaks Away To Open Firm In Florida

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Last year saw a regular flow of teams leaving big banks to set up their own operations.

Supreme Court Stops Trump From Canceling Obama's DACA Program

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Chief Justice John Roberts wrote the court’s opinion, joining the liberal justices on key issues.

Elon Musk, Tesla Board Sued By Pension Fund For 'Unrelenting Avarice'

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Tesla’s board members used their positions to “enrich themselves at the company’s expense,” lawyers for the pension fund said.

Moneyball For Bonds Aims To Rank Traders Baseball Card-Style

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BondCliQ wants to shed some light on whether rainmakers are good or lucky.

Volunteers Are Lining Up To Be Infected With The Coronavirus

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The idea of purposely infecting people with a dangerous pathogen that has no cure is fueling debate.

New York Home-Purchase Contracts Plunge With Showings Banned

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The state’s pandemic lockdown outlawed face-to-face real estate showings.

What The Advisory Business Could Look Like In 2040

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More technology and greater margin pressure are in the offing, says Boston Consulting Group.

How The Pandemic Exposed Big Gaps In Clients' Financial Plans

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

JPMorgan Sounds Warning On Market Correlations At 20-Year Highs

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

NY Life To Teach Advisors About Sustainable Investing

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