Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar Explains Its Ratings System Update
By Ginger SzalaMany active funds may be downgraded due to a new system of taking fees into account with rankings.
July 09, 2019
How Donor-Advised Funds Can Amp Up Their Giving PowerMany donor-advised fund investors don't realize they can make impact investments as well as giving to charity.
July 09, 2019
Morningstar's June Winners & LosersA recent update from the firm's analysts on upgrades, downgrades, and new strategy ratings.
July 09, 2019
Piper Jaffray, Sandler O'Neill Strike a DealMinneapolis-based Piper Jaffray is buying Sandler O'Neill and Partners of New York for $485 million in cash and stock.
July 08, 2019
Fed Stands by Openness to Cut Rates in Semiannual ReportThe report was completed before the release of the stronger-than-expected May jobs report.
July 08, 2019
Deutsche Bank CEO Slashes 18,000 Jobs in $8.3 Billion RevampThe sweeping overhaul will end the bank's global equities trading business and shrink its investment bank and key fixed-income business.
July 08, 2019
Wealth Management M&A Deals on Track to Top 200 This YearBreakaway activity reached a new high in the second quarter, Echelon Partners reports.
July 08, 2019
MassMutual, CommonBond Offer Student Loan ReFi Plan: Portfolio ProductsAlso, Buffalo Funds introduces cheaper institutional class for all funds.