Economy & Markets
The important economic and stock market news that advisors need to know.
15% of U.S. Stock Investors Started in 2020: Schwab Survey
By Michael S. FischerThese investors say they learned lessons in 2020 about investing for the long term, and 72% plan to buy and hold this year.
April 07, 2021
4 Biden Tax Proposals That Could Shake Clients' Retirement, Estate PlansTake advantage of today's historically low tax rates to prep clients for future changes to income, estate and payroll taxes.
April 07, 2021
Fidelity to Hire 1,000 Financial Planners in 2021The firm also plans to add 3,000 other employees, including data scientists and customer service reps.
April 05, 2021
Matthews Asia Merges Two Funds Due to Asset Overlap: Portfolio ProductsAlso, FTSE Russell is adding Chinese government bonds to its World Bond Index.
April 01, 2021
Schwab's Sonders: Where to Invest as S&P Tops 4,000Sonders and other strategists weigh in on whether the stock rally will last and where to find value in the market.
March 31, 2021
12 States With the Highest Taxes in AmericaWalletHub looked at income, property, sales and excise taxes in each state.
March 30, 2021
Optimism Surges Among Black Investors: Wells FargoThe bank attributed the sunny outlook to the change in political leadership and COVID-19 vaccine distribution.
March 30, 2021
Banks, Wealth Managers and Fintech Disruptors Vie to Create 'Goldilocks' Retail ProductGoldman Sachs' Marcus introduced a product that is melding three customer-friendly aspects. But it's not alone.