FA News

Everywhere You Look Under Surging Stocks Is Fervid Retail Buying

by

Retail investors have become a key driver of the beaten-down shares that are dominating the rally.

Former Wells Fargo Advisors Launch $370M Independent Firm With PAG, LPL

by

The three financial advisors said they chose LPL and PAG for their scale and technology.

Advisors Who Earn Designations See Increased Income, Study Says

by

Most advisors also said their businesses grew after getting professional designations.

U.S. Retirement System Ranks Fifth-Best In World, Allianz Says

by

A new report on pension systems worldwide puts the U.S. in the upper echelon, but it comes with a caveat.

These State Programs Offer A Path To Rehire U.S. Workers

by

Work sharing, also called short-time compensation, is expanding rapidly in the U.S.

Guggenheim CIO Looks To Gold With U.S. Dollar Losing Market Share

by

Scott Minerd said he said the dollar's market could continue to trend downward as the Fed responds to the Covid crisis.

There Isn't A Single Down Stock In The S&P 500 Over Last 10 Weeks

by

The classic market-cap weighted S&P 500 is up 43% since March 23.

Social Security Can Aid Clients Who Have Lost Jobs

by

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

by

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

by

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

by

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

Druckenmiller Says He Was 'Far Too Cautious' During Rally

by

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

by

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

Millennial Investors Looking To Challenge Corporate Policies

by

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

by

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

by

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

by ,

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

by

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

SEC Obtains $30 Million Judgment Against Navellier, Founder

by

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

Bernie Madoff Denied Compassionate Release From Prison

by

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