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Latest News
Raymond James Welcomes Tampa, Fla., Financial Advisor With $125M
Sloane Fox and her practice, Sloane Financial Planning in Tampa, Fla., previously were affiliated with Merrill Lynch.
U.S. Annuity Sales Hit First Quarter Record of $113.5B, up 21%
Fixed-rate deferred annuities dominated in the first quarter with $48 billion in sales, 42% of the total annuity market.
Business Groups Sue FTC to Stop Noncompete Ban
The suit called the ban “a vast overhaul of the national economy, and applies to a host of contracts that could not harm competition in any way.”
FTC Issues Ban on Worker Noncompete Clauses
The Federal Trade Commission says employers can no longer, in most cases, stop their employees from going to work for rival companies.
Inspire Investing’s newest faith-based ETF surpasses $100M AUM in 11 days
The new Inspire 500 ETF offers access to U.S. large cap, “biblically screened companies” at the lowest price point available.
Biden Rule Grants Overtime Pay to 4 Million Workers
The new Biden rule goes even further to extend overtime pay than an Obama-era rule that was struck down in court.
Retirement Advisors Must Act as Fiduciaries Under Final DOL Rule
Starting Sept. 23, investment professionals who offer services as trusted advisers will be required to act as fiduciaries.
Two Advisory Teams Join Cresset Capital Management in San Francisco
The teams previously managed approximately $5 billion in assets at J.P. Morgan, and before that at First Republic Bank.
Wells Fargo Bond Saleswoman Sues Over ‘Unapologetically Sexist’ Workplace
She said she was told that her mostly male group thought of her as a mere "second income" for her husband.
Mortgage Rates Too Good to Give Up
On a scale not seen in decades, people are paralyzed in homes they may wish to leave. Economists quantify the drastic results for housing.