FA News

Former Insider Kevin Warsh Chides Fed For ‘Late’ Main Street Response

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A former governor said that the Fed supported asset prices, but did little for the economy.

Morgan Stanley To Contest Bias Lawsuit By Ex-Diversity Chief

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Marilyn Booker complains that the firm's leadership has too many white people, males.

The Case For Holding Precious Metals In Client Accounts

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You don’t need to be a goldbug to appreciate the benefits of owning precious metals.

Before The U.S. Can Have Clean Power, It Needs More Power Lines

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Building transmission lines to move clean power to where people need it is easier said than done.

One Month Of Fed ETF Buying Redraws $4 Trillion Market

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The Federal Reserve’s fingerprints are all over the bond exchange-traded fund market.

How An Advisor Helped Clients Buy Retirement Dream Home Amid Pandemic

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In helping a couple with a tricky real estate situation, Andrew Rosen also helped them avoid capital gains taxes.

Covid-19 Has Left U.S. Workers Financially Strapped

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A survey by Edelman Financial Engines found that Americans are worried about their jobs, health and retirement savings.

Former UBS Advisor Launches $1.2B Independent Firm With Dynasty

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Cyndeo provides wealth management services to business owners, families and professional athletes.

Schwab Self-Directed 401(k) Balances Dipped 6% In Q1

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A report showed that millennials had the lowest self-directed account balances on average and are least likely to use an advisor.

Clayton Warns Advisors That Covid-Related Products May Violate Reg BI

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As implementation of Reg BI nears, the SEC chairman told advisors to be wary of putting clients into such products.

Powell Stays With Message Of Uncertain Path On Economic Recovery

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The Fed chairman continues to stress that the U.S. has a long road to recovery.

BofA Survey Finds 78% Of Investors See Market As 'Overvalued'

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A whopping 78% of polled investors believe the stock market is overvalued.

EBay Ex-CEO's Text Triggered Scare Campaign With Cockroaches, Funeral Wreath

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Former EBay executives were arrested by the FBI for waging a harassment campaign against two ecommerce bloggers.

Trump Team Weighs $1 Trillion For Infrastructure To Spur Economy

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The draft plan is emerging as lawmakers from both parties and Trump debate the timing and scope of more stimulus.

Wall Street's Best-Laid Brexit Plans In Disarray Amid Virus

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Firms are finally reactivating long-held plans to shift staff from London -- only to find they can’t move fast enough.

U.S. Family Offices Lead Global Ranks With $396,000 Salaries

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Family offices have proliferated this century, spurred by the growth of fortunes in technology, finance and real estate.

Low-Cost Drug Is First To Improve Covid Patients' Survival

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The 60-year-old medicine reduced deaths among patients who needed breathing assistance.

Americans' Generosity In 2019 Almost Matches All-Time High, Report Says

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Good economic growth before the Covid-19 epidemic pushed giving upward, the report said.

TD Ameritrade To Play Virtual Matchmaker For RIA M&A

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The new service, RIAConnect, can also be used to source next-generation talent.

Raymond James Fires Employee Over Black Lives Matter Clash

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The video shows a managing director at Raymond James and his wife confronting the protester in front of his home.