FA News

Social Security Can Aid Clients Who Have Lost Jobs

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Advisors need to be aware that clients can temporarily claim Social Security benefits, a consultant says.

Clients Could Face Residency Tax Audits Because Of Lockdowns

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Tax authorities may question a taxpayer's true domicile in the wake of the pandemic lockdowns.

23andMe Provides More Evidence That Blood Type Plays Role In Virus

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The findings echo other research that has indicated a link between variations in the ABO gene and Covid-19.

Strategists Left In Dust With Targets Trailing S&P 500 By Most Ever

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Strategists have been too cautious in estimating the speed of the recovery.

Druckenmiller Says He Was 'Far Too Cautious' During Rally

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While many observers were predicting unprecedented gloom just weeks ago, the S&P 500 Index has defied expectations.

Sweden's PM Rebuked As Covid Deaths Ignite Political Anger

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Sweden’s Covid mortality rate is now among the highest per capita in the world.

Millennial Investors Looking To Challenge Corporate Policies

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Millennials are looking to change companies that do not comply with ESG investing standards, a survey says.

Lockdowns May Have Helped Prevent Half Billion Coronavirus Cases

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Most of the roughly 500 million averted cases would have gone undetected, according to the study.

Morgan Stanley Makes New Bet On Steepening U.S. Yield Curve

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The bank added a bet on the spread between three-year and 10-year yields widening.

Job Losses Are Shifting To States, Cities After Business Rebound

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As the U.S. tries to lift its economy, a looming round of government spending cuts threatens to drag it back in.

Majority Of RIAs Lack Confidence In Successors

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RIA leaders need coaching and more logical compensation, a DeVoe report says.

SEC Obtains $30 Million Judgment Against Navellier, Founder

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The company made false claims about its investment strategies, the SEC charged.

Bernie Madoff Denied Compassionate Release From Prison

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Madoff argued that he is terminally ill and will likely die within 18 months.

Confusion Reigns With 401(k) Covid Borrowing

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Sometimes, IRS guidance begets the need for more guidance when it comes to the coronavirus plan withdrawals.

Few Older Clients Are Talking To Advisors About Covid Threat, Survey Says

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Younger clients reach out to advisors about the epidemic more frequently than older ones, the survey revealed.

More Americans Prefer Cremation Over Traditional Burial

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While most women base their choice of burial on personal belief, most men base it on cost, a new survey says.

$400M Nicklas Financial Aligns With JFC, Joins LPL

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The family-owned business, based in Jefferson City, Mo., specializes in retirement planning.

Emerging Markets Roar Back, Too

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A surge in emerging markets has some wary, but others see opportunity.

Raymond James Adds Oregon Team With $285M In Client Assets

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The five-member team moved to Raymond James from Waddell & Reed.

SEC Working To Weaken Whistleblower Program, Consumer Advocate Says

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The accusation came on the same day the SEC announced the biggest whistleblower award in the program's history.