Economy & Markets
The important economic and stock market news that advisors need to know.
Fidelity, Russell and SEI Quizzed by DOJ as Ken Leech Probe Ramps Up
By Ava Benny-Morrison & Silla BrushMoney managers that used Western Asset Management to help invest their bond portfolios are being questioned by authorities.
October 16, 2024
Affluent 'Advice Seekers' Want One Advisor but Seek Better Options: CerulliAdvisors need to build credibility with these investors to keep them loyal, Cerulli says.
October 15, 2024
10 of John Buckingham's Favorite Overlooked Stocks"I'd rather buy things that haven't had their day in the sun," the market-beating manager says.
October 15, 2024
20 Richest Women in the U.S.: Forbes, 2024In all, 67 women appear on the latest Forbes 400 list of America's wealthiest people.
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.