Economy & Markets
The important economic and stock market news that advisors need to know.
Merrill Bets Big on on New 'Level Up' Training Program
By John ManganaroWith financial advice "at a premium today," Merrill seeks to double assets in five years, exec Ken Correa says.
March 26, 2025
LPL Paid Fired CEO $26M in 2024; New CEO Got $4.7MFormer CEO Dan Arnold did lose out on nearly $80 million in outstanding stock options and related assets.
March 26, 2025
Wall Street Bonus Pool Surges to $47.5B for 2024The average yearly bonus rose by nearly a third, to $244,700, the first big boost since the Covid-19 pandemic.
March 26, 2025
BlackRock Adds Private Equity, Credit Funds to Model PortfoliosThe managed models will help advisors offer these assets to clients with limited access to private markets.
March 25, 2025
Trump Media to Launch ETFs With Crypto.comTrump Media's financial strategy involves custodying up to $250M with Schwab.
March 25, 2025
Americans Lack Key Social Security KnowledgeA report from T. Rowe Price identifies a number of widely held misconceptions about the retirement insurance program.
March 25, 2025
Consumer Slowdown to Hit S&P 500: UBS StrategistBhanu Baweja expects the index to drop as low as 5,300 points as analysts cut profit estimates.
March 25, 2025
State Regulators to Congress: Please Kill Treasury's Insurance OfficeState regulators also want Congress to give them a voting seat on the Financial Stability Oversight Council.