Economy & Markets
The important economic and stock market news that advisors need to know.
Wells Fargo Weighs Sale of Asset Management Arm; Restructures Wealth Unit
By Janet LevauxThe news comes shortly after the bank announced it had cut hundreds of jobs, including advisors.
October 22, 2020
Political Heavyweights Rove, Axelrod Weigh In on Election"It's an uphill fight" for Trump, but "I wouldn't rule him out," Karl Rove says.
October 22, 2020
How Josh Brown and Other Financial Pros Invest Their Own MoneyEven professionals like Brian Portnoy and Bob Seawright don't always make investment decisions based on logic, the Ritholtz Wealth CEO tells ThinkAdvisor.
October 22, 2020
Goldman CEO Solomon Faces Clawback After Record 1MDB FineThe Wall Street giant will also force former Chief Executive Officer Lloyd Blankfein to return some compensation.
October 21, 2020
COVID, Not the Economy, Will Decide the Election: StrategistsStrategas Research Partners' Dan Clifton and BNY Mellon Wealth's Management Leo Grohowski weigh in.
October 21, 2020
NYSE Threatens to Leave NJ if Financial Transaction Tax Is EnactedThe lawmaker sponsoring the bill cut the tax rate and added a sunset provision, but the exchange has already tested moving its servers.
October 20, 2020
12 Fastest-Growing Large Cities in America: 2020WalletHub graded cities on factors like jobs and population growth.
October 19, 2020
Why Creative Planning Isn't Slowing Down on RIA Deals Anytime Soon"We really need to move — and move quicker," CEO Peter Mallouk tells ThinkAdvisor.