Economy & Markets
The important economic and stock market news that advisors need to know.
Citizens Bank to Buy $7.5B Clarfeld Financial Advisors
By Janet LevauxSeparately, Arkadios Capital adds a $3.5 billion fixed income team from Raymond James.
November 05, 2018
If House Flips, SEC Advice Standards Package Likely to Face ScrutinyExpect continued gridlock, "with only a few issues like infrastructure likely to move in 2019," predicts Horizon's Valliere.
November 05, 2018
Don't Trust Computers to Pick Stocks: Gary SmithDon't worry about computers taking over; worry about a bubble in AI stocks, the ace stock-picker tells ThinkAdvisor.
November 05, 2018
SEC Adopts New Order Handling, Routing Rules for Broker-DealersThe rule amendment "will make it easier for investors to evaluate how their brokers handle their orders," the agency states.
November 05, 2018
Goldman Forecasts 5% Gain for S&P 500 in 2019The forecast is about three times what the index has gained ytd following the October rout.
November 05, 2018
Are You Vegan and Worried About the Climate? There's an ETF for That: Portfolio ProductsAlso, ProShares launched a petcare-focused ETF and Vaneck taps Morningstar for ETFs.
November 02, 2018
Best & Worst 529 College Savings Plans of 2018: MorningstarThe best plans have low fees, along with strong underlying investments and state oversight, according to Morningstar.
November 02, 2018
Here's Why Investors Have Plenty to Worry AboutMultiple factors are converging that could signal trouble for markets into next year.