Economy & Markets
The important economic and stock market news that advisors need to know.
Affluent 'Advice Seekers' Want One Advisor but Seek Better Options: Cerulli
By Michael S. FischerAdvisors need to build credibility with these investors to keep them loyal, Cerulli says.
October 15, 2024
Jeremy Siegel Sees More Stock Gains AheadFed rate cuts should support more market gains but likely not a runaway rally, the WisdomTree economist says.
October 15, 2024
Citi Posts Gains Across Board as Trading Beats ExpectationsCitigroup Inc.'s traders turned in their best third-quarter performance in at least a decade as they benefited from the surge in volatility across asset…
October 15, 2024
BofA-Merrill Nears $6T in Assets Across Banking, Wealth ManagementExecutives on a quarterly earnings call cited strong momentum across all three business lines.
October 14, 2024
11 Most Expensive ZIP Codes: 2024The median home in these neighborhoods sells for $4.3 million or more, according to PropertyShark.
October 11, 2024
Biden Sees Hurricane Milton Damage at $50BAbout 2.2 million customers are without power across the state of Florida as of Friday afternoon, according to PowerOutage.us.
October 11, 2024
Falling Rates Aren't as Bad as Feared for Wells Fargo, JPMorganThe banks' shares rose after they reported quarterly earnings that included upbeat results in investment banking and capital markets.
October 11, 2024
4 Keys to Succession PlanningThe financial advice industry remains largely unprepared for exits, planned or otherwise.