Economy & Markets
The important economic and stock market news that advisors need to know.
FINRA Seeks Comments on Corporate Bond Block Trades, Deposit Accounts
By Elizabeth FestaThe deposit account proposal, aimed at firms with high-risk brokers, has already drawn negative feedback.
May 30, 2019
Top 10 IBDs by Best-Producing RepsInvestment Advisor's new BD Reference Guide looks at BDs by the numbers.
May 30, 2019
LPL Cuts ETF Fees for RIAsTransaction costs for State Street, Invesco and WisdomTree ETFs will drop to $4.95 in the second half of the year.
May 29, 2019
Citi, JPMorgan Warn of Q2 SlumpJamie Dimon said his firm's trading revenue fell 4% to 5% during the first two months of the second quarter.
May 29, 2019
Direct-Sold 529 Plans Coming to Advisor Market: MorningstarThese plans, which have lower fees than advisor-sold 529 plans, are becoming more available as advisors shift away from commissions.
May 29, 2019
13 Best & Worst Broker-Dealers: Q1 Earnings, 2019Financial companies reported results that, generally speaking, were better than expected, thanks to strong recruiting and other activities.
May 29, 2019
5 States Where the 'Haves' Have the MostThese are the states with the most extreme income inequality stats.
May 28, 2019
Allianz's El-Erian to Head College at Cambridge UniversityThe economist and author -- who coined the phrase 'new normal' during the financial crisis -- will take up the position in October 2020.