Economy & Markets
The important economic and stock market news that advisors need to know.
How an Advisor Saved an Energy Exec From a Big Investing Mistake
By Jeff BermanThe fix saved him and his wife from massive losses when COVID-19 hit, Jared Snider of Exencial Wealth Advisors tells ThinkAdvisor.
May 16, 2020
House Passes Dems' $3T Stimulus PackageWhile passage is unlikely in the Senate, political strategists say a toned-down bill will get done.
May 15, 2020
Fed Warns of Major Hit to Asset Prices If Crisis GrowsIt cites commercial real estate as being particularly susceptible to falling valuations were the pandemic to deepen.
May 15, 2020
Cash Flow Concerns Are King With Construction ClientsAmid the pandemic, advisor Nick Giacoumakis is working with clients on keeping their businesses open.
May 15, 2020
TD Ameritrade Exec: Advisory Fee Tax Deduction Needed More Than EverSkip Schweiss also discussed the SEC Advertising Rule and gave a warning about Reg BI compliance.
May 15, 2020
COVID-19's Economic Fallout Hits Millennials Hard: SurveyThey will need to make some difficult financial decisions in the next few months if the crisis continues, a survey found.
May 15, 2020
SEC Fines Morningstar $3.5M for Conflict of Interest ViolationsThe firm says it has "enhanced and will further strengthen policies, procedures, and internal controls."
May 15, 2020
Edward Jones: How We're Adapting to the COVID-19 'New Normal'Here are the steps our firm has taken to serve clients through the pandemic while reinforcing our core values.