AdvisorNews
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Provides breaking news and in-depth coverage of the financial services industry from the advisor's perspective. Stay tuned to get the latest updates.
AdvisorNews
1y ago
For many years, Americans provided for their retirement needs through three sources: employer-sponsored pension plans, Social Security income and savings and investments accumulated through employer plans or individual accounts— the so-called "three-legged stool ..read more
AdvisorNews
1y ago
The fraud involved selling securities — in the form of membership units in a real estate investment fund known as the NRIA Fund — to at least 1,800 investors, 380 of whom were located in New Jersey ..read more
AdvisorNews
1y ago
The U.S. central bank last week announced the most aggressive interest rate hike in nearly 30 years and pledged to take further steps to combat rising prices, with gasoline and food costs soaring and millions of Americans struggling to make ends meet ..read more
AdvisorNews
1y ago
As you get back to in-person relationship building with potential clients, centers of influence and possible business partners, networking events provide a great venue for meeting more people who could be critical to your success ..read more
AdvisorNews
1y ago
U.S. housing finance giant Freddie Mac said on Thursday the average contract rate on a 30- year fixed-rate mortgage rose by more than half a percentage point to 5.78 percent, the greatest one-week jump in 35 years. Rates on the most popular type of U.S. home loan surged after the Federal Reserve announced it was raising interest rates ..read more
AdvisorNews
1y ago
Credit card debt can be difficult to manage even in the best of times, but increasingly high interest rates are adding to that challenge. The Federal Reserve has announced a 0.75% increase to the federal funds rate— its largest hike in almost 30 years ..read more
AdvisorNews
1y ago
A federal district judge in Miami sentenced German Nino, a former UBS Financial Advisor, to 78 months in federal prison for stealing millions of dollars from client accounts that he managed ..read more
AdvisorNews
1y ago
For many Americans, these company-sponsored, tax-deferred savings plans represent both their biggest chunk of stock holdings and a bulwark of their retirement plans. That’s especially true in San Francisco, where 401(k) participation is high, thanks to well compensated workers with generous employer matches ..read more
AdvisorNews
1y ago
While some consumers have cut back on some non-essential spending, like dining out and unnecessary travel, others reported much more drastic changes such as skipping meals, conserving water, and eliminating meat from their diets ..read more
AdvisorNews
1y ago
The SEC today charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SEC’s Enforcement Division ..read more