Liz Ann Sonders: Risk of Recession Low, but Inflation Picking Up
As for election ramifications, Schwab’s investment strategist says history shows that “when incumbent party wins, the stock market wins.”
At Schwab Impact, First Conversations Focus on Election and Profits
Jon Beatty, Jeff Kleintop and Greg Valliere tell advisors to watch for margin of victory on Nov. 8 along with corporate profits.
10 Principles for Better Fintech Policymaking
Policymakers struggle to keep up with the rapid pace of technology innovation, and new business models are hampered by outdated regulations.
Valliere: Zero Chance of Tax Hike if GOP Retain House
A President Clinton would have an “innocuous” effect over all on the markets, though positive for defense stocks; negative on pharma.
Technology Disruption Driving M&A in Wealth Management
The first wave of acquisitions was driven by incumbents in an effort to slow down client defection to new entrants.
DOL Rule Casualty: Commonwealth Drops Commission Retirement Products
Indie BD says the decision was “challenging,” though it makes less than 10% of revenue from commissions on these accounts.
Wells Fargo Starts Nationwide TV Commercials Addressing Scandal
The bank, fined $185 million for opening millions of unauthorized accounts, hopes the ad campaign will help it retain clients.
MetLife Fights ‘Too Big to Fail’ Label in Appeals Court
The big insurer disagrees with FSOC designating it as a SIFI.
To Attract Students, Colleges Offering Loan Debt Insurance
A student loan debt insurance program may help advisors and their clients with college-age kids narrow down their list of ideal schools.
10 Best U.S. Cities to Build Wealth
A number of factors influence how quickly and effectively a household can build its wealth, and many hinge on geography.