News

Fed: Americans Net Worth Grew in Q2 2020

A Federal Reserve report lends credence to a K-shaped recovery.

COVID-19 401(k) loans end with a fizzle

Workers were mostly uninterested in the expanded $100,000 loan limit, according to recently released data

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When clients want to ride out the rest of the year in cash

Advisers are spending more time 'talking clients off the ledge'

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Fed president Bullard says US delivered enough fiscal aid

The view clashes with Fed Chair Jerome Powell, who has urged additional support — sometimes in dire terms

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Stifel hires former UBS, Merrill teams to staff two new offices

The seven advisors managed more than $450 million in combined client assets.

Morgan Stanley Warns Nasdaq 100 May Fall More Than 20% From Peak

Down 13% from its Sept. 2 high, the Nasdaq 100 has tumbled below its 50-day average and is underperforming the S&P 500 for the first time in a year.

UBS CEO says it’s hard to sustain culture working at home

While some big Wall Street firms are seeking to get staff back to the office, there are already signs of how challenging that could be.

Americans Hate China, Yet Can't Stop Investing In It

Government data vastly underestimate Americans’ exposure to Chinese stocks.

Trio managing $421 million at Oppenheimer launch RIA

The newly minted advisory firm, Oxler Private Wealth, has chosen Pershing as its custodian

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Will U.S.-China tensions have a material impact on client portfolios?

Relations between the world’s two largest economies are at the lowest point in many years.

Wells Fargo duo managing $225 million launch LPL-affiliated hybrid

Marc DeCicco and Tad Wilson started North Bend Wealth Management in Vienna, West Virginia

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IRS finalizes 100% bonus depreciation rules

The final regulation includes guidance on the requirements needed for properties to qualify for the deduction.

Parents still saving for college despite pandemic: Fidelity

The survey found families are only on track to cover 33% of their savings goals

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Quit trying to time the markets

Focusing on outsmarting the markets isn’t just detrimental to your clients, it can harm the value of your business

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The RIA Industry’s 'Succession Puzzle'

Succession is not something you figure out at the end of the journey; it is never too early to have a plan as it is an essential part of client service.

RBG gave women the keys to financial security and freedom

Ginsburg fought for women to have equal access to financial tools like credit cards and mortgages

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ETF market shows signs of saturation

Funds from the biggest three issuers account for more than 80% of the industry's total assets.

Evaluating Early Retirement Incentives for Clients

The nudge from their employer might be enough to get them to jump.

Fundamentals of behavioral finance: home bias

It’s easy to stick with what’s familiar—but doing so can harm client portfolios.

What type of seller are you?

Firm owners considering a sale should think about which category they fit into as they consider what to do next

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