FA News

Stock Strategist Says His Eye Doctor's Kid Asked Him About Rally

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What we’re seeing, I have not seen since 2000, says BTIG’s Julian Emanuel.

$350M Team Exits Merrill Lynch For Raymond James

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The advisors will join RJA’s employee channel in St. Petersburg, Fla.

Trump Immigration Order May Halt Work Visa Entries Until Fall

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One possibility under consideration would restrict people from entering the U.S. on several different visa categories.

Houston On 'Precipice Of Disaster' With Virus Cases Spreading

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Texas recently recorded its highest one-day tally of new cases since the pandemic emerged.

Treasury's Record Cash Pile Is Jerome Powell's $700 Billion Headache

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Swings in the government’s cash on deposit at the Fed have a direct impact on the level of reserves.

Wall Street Puts Guardrails On LBO Deals After Crisis Markdowns

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As market conditions improve, lenders are building better protections into LBOs they sign up for.

Biden Releases Plan To Reopen Economy With Federal Support

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The Democratic presidential candidate laid out an eight-step plan to reopen the economy safely.

Stocks Tumble Most In 12 Weeks On Economy, Virus

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U.S. stocks tumbled the most in 12 weeks as the torrid surge in equities came to a screeching halt.

Quant Factors Swing Most In A Decade In Wild Wall Street Trading

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Quants are getting lashed by some of the most violent stock swings in more than a decade.

LPL Launches Value Preservation Solution For Advisors

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LPL has launched a program to maintain an advisory firm's value if there's an unexpected change of guard.

The Economy Is Not Going To Crash, A CIO Says

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Investing opportunities are being created even as the economy slows, Taylor Frigon Capital Management says.

$500M Merrill Lynch Team Joins Sanctuary

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Muirwood Private Wealth is the fifth California advisory to join Sanctuary Wealth’s platform.

Covid-19 Sends College Students Scrambling For New Funding

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Half of students enrolled in colleges and universities nationwide say they can no longer afford to attend them.

Feds Indict Indiana Man Who Allegedly Defrauded Amish Investors

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The victims of the scam were novice investors and some lost their life savings, authorities said.

U.S. Business Debt Soars By Record On Bond Issuance, Loans

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Nonfinancial business debt soared in the first quarter as loans and corporate bond issuance jumped.

Advisors Stay Connected To Clients With Remote Work, SIFMA Finds

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Advisories have had to adapt to working at home during the pandemic.

Fear Of Second Covid-19 Wave Sinks Travel And Leisure Stocks

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Everything from airlines to car rental agencies to amusement parks have seen declines.

Jerome Powell Sees Long Road Ahead For Jobs Market

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The Fed chairman begs to differ on the president's economic optimism.

Owl Rock Launches Loan Program For Minority-Owned Businesses

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The alternative asset manager has committed $5 million to a loan program for minority-owned small businesses.

CAPTRUST Aligns With Indiana Firm With $1.6B In AUA

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Lakeside Wealth Management, founded by Mark Chamberlain, is also known for its charitable work.