Trump Signs Elder Fraud Bill Into Law
The new law cracks down on telemarketing and email fraud and boosts penalties for health care fraud.
Number of Younger Millionaires Who Use an Advisor Is Declining: Fidelity
Fidelity's millionaire outlook study finds that the ranks of Gen X and millennial millionaires are growing fast.
Women Invest Like Men but With a Key Difference, Study Finds
Capital Group’s survey of women shows confidence in their investment decisions but not necessarily the power to execute.
DeVos Sued Over Plans to End Protections for Student Borrowers
A coalition of states is suing Education Secretary Betsy DeVos for her plans to end rules that protect student loan borrowers.
The Ear of the Beholder: Words Clients Hate, Words Clients Like
A Chubb research project found that it’s not what you say to prospects that matters; it’s what they hear.
Complaints by Student Loan Borrowers Yield Millions in Relief: CFPB
The CFPB's annual report extols the benefits of consumer complaints, which ultimately affect policy.
New HUD Reverse Mortgage Rules Change the Game for Borrowers
HUD recently implemented new rules that may make a reverse mortgage line of credit substantially less attractive to many seniors.
Move Over, Vanguard: State Street Slashes ETF Fees to Industry Lows
It is also launching SPDR Portfolios ETFs, a suite of 15 low-cost funds that will be available on TD Ameritrade's newly expanded ETF Market Center.
Why Mutual Funds Are the Most Popular Investment for US Households: ICI
The mutual fund industry trade group reports that almost half of all U.S. households own mutual funds.
Oranj Launches Free Wealth Management Software Product for Advisors
The MAX offering includes model portfolios and funds from BlackRock, Direxion, Morningstar, ETF Securities and Frost Investment Advisors.