High Home Prices Weigh on Buyers Pushed Into Market by Rent Costs
Affordability concerns are especially acute among millennials, many of whom worry about being able to make a down payment, according to real estate broker Redfin.
Morgan Stanley Group Breaks Away to Partner With Rival
Six veteran reps left the wirehouse to own their practice and affiliate with Wells Fargo FiNet.
13 Firms Fined for Advertising F-Squared’s False Performance Claims
Penalties range from $100,000 to a half-million dollars based upon the fees each firm earned from F-Squared’s AlphaSector-related strategies.
Schwab Throws Down Low-Cost Gauntlet on Target-Date Funds
The ETF-based funds will cost retirement plan investors only 8 basis points, which could prompt other fund giants to cut fees even further.
How to Build Tax-Efficient Withdrawal Strategies for Retirement
Tax advisor Robert Keebler lays out a timeline for creating "tax alpha" for clients.
DOL Finalizes State-Run Retirement Plan Rules
Labor wants to see more states, even cities, launch auto-enroll plans, especially for small businesses without retirement plans for workers.
Citigroup: A Trump Victory in November Could Cause a Global Recession
Economic growth could suffer, says Chief Economist Willem Buiter, and markets could face a short-term "shock."
Recruiting Roundup: Dynasty Nabs Wirehouse Exec to Head Investments
In other news, Wells Fargo recruits an advisor from a rival firm, but loses one to boutique group.
Can Markets Predict Presidential Elections?
Low volatility this summer may be an indication the stock markets are beginning to price in a Clinton win, according to LPL CIO Burt White.
LPL to Host Its First Stand-Alone Women’s Conference
The event, to be held in November, will cover themes like work-life balance and the post-election political landscape.