Economy & Markets
The important economic and stock market news that advisors need to know.
11 Best Small Towns for Retirement
By Michael S. FischerThese towns combine affordability with low crime rates and high quality of life for seniors.
August 27, 2020
Vanguard Reopens, Reorganizes Money Market FundsThe news comes about four months after the fund giant closed its Treasury Money Market Fund to new investors.
August 26, 2020
World's Top 20 Biggest Asset Managers: 2020Here are the firms with the most assets under management, according to ADV Ratings.
August 24, 2020
Shake-Up Coming to Dow Jones Industrial AverageThree firms — including a major energy player — are out, as their replacements join the 30-component index.
August 24, 2020
Stocks Climb to All-Time Highs Amid Treatment HopeThe S&P 500 climbed 1% to 3,431.41, the highest level on record, which built on the largest increase in over a week.
August 24, 2020
Tax-Loss Harvesting During Market Turmoil: Who Did It, Who Didn'tBackend Benchmarking compared robo-advisors' harvesting of losses this year and found big differences among platforms.
August 24, 2020
Unlike Rivals, Wells Fargo Is Starting Job Cuts: ReportThe bank plans to shrink its headcount via "attrition, the elimination of open roles and job displacements," a spokesperson told Bloomberg.
August 24, 2020
In an Uneven Recovery, Advisors Should Mind These 3 Key Market FactorsWhile there is much uncertainty in both the country and the world right now, the numbers seem encouraging.