FA News

J.P. Morgan Debuts Two Active Equity ETFs

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The firm has quickly become the 10th-largest provider of U.S.-listed ETFs.

Most Small Firms That Got Covid-19 Aid Struggle With Loan Rules

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Many small companies say they are struggling with the narrow criteria to turn PPP loans into grants.

Senators To Press Forward With Small-Business Loan Extension

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An architect of the Paycheck Protection Program is pushing for a quick Senate vote on extending it.

Conducting Client Reviews During Pandemic-Induced Realities

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When it comes to clients' reviews, you're going to have to anticipate their current distress and center them.

Morgan Stanley CEO Sees Only Half His Employees Back By Year-End

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The firm still has more than 90% of employees working from home, CEO James Gorman said.

Pandemic Is Last Nail In Globalization's Coffin, Says Carmen Reinhart

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The blow against globalization will cut global growth, damaging developing countries reliant on exports, she said.

Americans Again File By The Millions For Unemployment Benefits

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Major job losses are continuing two months after the coronavirus started shuttering businesses.

Specter Of Negative Rates Is Putting Wall Street Bankers On Edge

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U.S. banks want to avoid what's happening to overseas lenders.

Home Mortgage Delinquencies Soar By Most On Record In April

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Delinquencies on U.S. home loans surged by 1.6 million in April, the biggest one-month gain ever.

FPA Unveils Redesigned Website And New Branding Message

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The website is streamlined and reconfigured with a mobile-first focus.

Parents' Chores And Child Care Almost Double During Pandemic

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Women now report spending a total of 65 hours per week on housework and child care; men report a total of 50.

Black Swan Author Spars With Quant Legend Over Tail Risk Hedges

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Author Nassim Nicholas Taleb and quant investor Cliff Asness have waged a Twitter war over tail-risk strategies.

Only 25% Of Americans Know 529 Plan Fund College Costs, Survey Says

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U.S. consumers are lacking in knowledge about the investment product, but 529 assets are still increasing.

Revenue Or Cash Flow? The Advisor Valuation Metric War Is Real

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The subject of advisory valuation metrics seems geeky but fires passionate feelings in M&A consultants and buyers.

High-Earning SS Recipients Could See Benefit Declines

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Medicare cost increases could cost a third of Social Security recipients, retirement industry officials said.

Advisors Urged To Prepare Client Assets For Tax Hikes

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One option for blunting future tax increases is to move retirement money to Roth IRAs, advisor Greg DuPont said.

How One Of 2019's Star Breakaway Advisors Is Navigating The Crisis

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Despite the pandemic, Jason Fertitta has no regrets about going independent after 19 years at financial-services giants.

Pandemic Forcing Parents To Tap Into College Savings, Survey Says

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A majority of parents have fallen into debt because of the coronavirus pandemic, the LendingTree survey found.

Finra Gives Advisors 'Blunt Warning' On Sales Of Oil-Linked Products

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Many products tied to the volatile oil market are unsuitable for mainstream investors, the regulator said.

A $150 Billion Pile Of Frozen Loans Starts To Worry U.S. Banks

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The rapid rollout of forbearance programs in March averted financial ruin for millions of households.