Economy & Markets
The important economic and stock market news that advisors need to know.
How the TD Ameritrade Deal Affected Schwab's Q4 Earnings
By Janet LevauxSchwab beat estimates and RIA assets topped $3 trillion in its first quarterly report after the deal, which closed Oct. 6.
January 15, 2021
More Reasons to Rethink the 60/40 PortfolioThis traditional allocation will not only fall short on returns but actually increase risk, according to BlackRock strategists.
January 15, 2021
Krawcheck: Pandemic Could Set Women Back DecadesThe coronavirus-fueled recession "will have ripple effects for years" on women's economic progress, the Ellevest CEO tells ThinkAdvisor.
January 15, 2021
Wells Fargo Wealth Unit Boosts Profits, Releases More Advisor DataNew figures released by the bank include the average level of yearly revenues (fees and commissions) per financial advisor.
January 15, 2021
Morningstar Launches Market Data PlatformThe platform offers real-time market data and live news updates to help advisors and institutional investors manage portfolios.
January 14, 2021
Biden Seeks $1.9T for Relief in First Economic PlanCovid-19 package focuses on vaccines, includes raising the minimum wage to $15 an hour.
January 14, 2021
Advisors See Positive but Weaker Stock Returns in 2021An Incapital survey finds 3 in 5 advisors are considering a permanent hybrid virtual/in-office work approach.
January 14, 2021
12 Best Cities to Find a Job: 2021WalletHub ranked 182 U.S. cities on several job-market and socioeconomic factors.