Does Black Friday Still Matter?
Over the past two years, Black Friday sales estimates have fallen. Does that mean the unofficial kick-off to retailers’ holiday season has lost its impact?
Donor-Advised Fund Juggernaut Continues to Dominate Charitable Giving
However you measure their growth, donor-advised funds as charitable giving vehicles are on a roll.
$30K in Student Loan Debt Could Mean $325K Less In Retirement
The under-35 age group has more than tripled its education debt since 1989, LIMRA says; pre-retirees and retirees also hold significantly more education debt today.
Galvin Asks Banks to Do More to Prevent Elder Financial Abuse
The regulator asks 190 financial firms to train staffers and implement protocols for better protection of senior clients.
U.S. Investor Confidence Drops 10%: State Street
While North American investors are pessimistic, their European counterparts are upbeat, the global survey shows.
SEC Enforcement: Ex-Edward Jones Broker Used Client Real Estate Investments to Remodel House
Meanwhile, SEC fined a political intelligence firm for mishandling nonpublic info from Medicare and the FDA.
Why Advisors Ignore ESG Investing at Their Peril
Advisors who fail to understand the growing popularity of investing according to environmental, social and governance principles risk falling behind their competition.
Recruiting Roundup: UBS, Others Nab More Credit Suisse Reps
Meanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.
Threat of Cyberattacks Could Now Affect Moody’s Ratings
Moody’s identifies three key factors it will look at to determine a credit impact associated with a cyber event.
Now’s The Time for Active Investment Strategies, Advisors Say
In particular, advisors said passive ETFs were not a good way to capture high yield in the long term, according to an AB survey.