FA News

More Americans Want Life Insurance, But Many Don’t Know What It Does

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More men are interested in buying life insurance than are women.

Marriage Breakups May Skyrocket Due To Pandemic, Divorce Attorney Says

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A wave of divorces would place greater demands on financial advisors, she said.

Pandemic Brings Death To Forefront For Advisors And Clients

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Death has always been a touchy issue for clients and advisors. Now the topic is unavoidable.

Oppenheimer To Acquire Calif. Investment Bank Brandis Tallman

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San Francisco-based Brandis specializes in the underwriting and placement of municipal debt for California issuers.

Ritholtz Wealth CEO Defends Big RIAs' PPP Loans, Calls It 'Nobody's Business'

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Critics say large RIAs shouldn't be taking PPP loans, but CEO Josh Brown likened them to regular bank loans.

Opportunity Zone Investors Among Beneficiaries Of Pandemic Relief

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QOZ deadline extensions could make the program more enticing to some investors.

Commonwealth Adds Father-Son Team With $230M In Assets

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Fred and Sean Buckley are bringing their Ohio-based firm to Commonwealth from Securities America.

Protests Hammer U.S. Cities Still Recovering From Lockdown

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The chaos struck as the economy struggles to emerge from its coronavirus-enforced hibernation.

Goldman Rolls Back Its Pessimistic Outlook For American Stocks

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Firm strategists have rolled back their prediction that the S&P 500 would slump to the 2,400 level.

Housing Market Has Been Surprisingly Active During Lockdown

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New-home sales posted a surprise gain last month, and stocks of homebuilders have surged in recent weeks.

USO Oil ETF Faces U.S. Probes Over Investor Risk Disclosures

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The investigations are significant because USO has grown to be a dominant player in the market for crude futures.

Google Helps Place Ads On Sites Amplifying Covid-19 Conspiracies

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In at least one instance, Google has run ads featuring a conspiracist it has already banned.

Stock Market Rebound Put To Test Again With Street Unrest Raging

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Several companies whose businesses have held up during the pandemic announced steps to cope with the protests.

Banks Have A Mountain Of Deposits So They Don’t Need PPP Funding

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A record surge in bank deposits means lenders don’t need help from the Fed to fund small business loans.

Stiles Financial Joins LaSalle St. With $600M In AUM

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Stiles was formerly with Cambridge Investment Research/

Lauren Schadle Resigns As FPA CEO

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She will be replaced by an interim executive amid continued criticism of the organization.

Why New York Suffered When Other Cities Were Spared By Covid-19

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The mayor, the CDC and a New York disease expert weigh in.

De Blasio Expects NYC Will Begin Reopening in Next Two Weeks

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New York City is the only one of 10 state regions still on lockdown.

Ken Fisher-Dominated Stock ETNs See $3.5 Billion In Withdrawals

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Fisher Investments suffered almost $4 billion in withdrawals last year after its founder made lewd comments at a conference.

Relief Aid Stalls With Small Businesses Returning Loans Unused

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At least $20 billion in PPP loans have been canceled, partly over confusion about the rules.