Today, the bond market is pricing in a fed funds rate of 3.71% at the end of next year. Fed chair Jay Powell has noted that the labor market is “back in balance,” and Gundlach observed that consumers ...
SEI Investments announced this morning that it entered an agreement to acquire LifeYield, the leading provider of multi-account tax management software. LifeYield has been renamed SEI LifeYield. Terms ...
The near-$5 trillion hedge fund industry is having one of the toughest years in decades in convincing fee-conscious investors to fork out cash for new market players.
That has set up inflation readings and central bank meetings as this month’s biggest risk events. A cooler CPI print today can clear the path for a late December rally, in what’s typically the ...
Krawcheck rose to prominence more than two decades ago as a star bank analyst at research boutique Sanford C. Bernstein & Co., which she eventually led. At the time, Fortune dubbed her “the last ...
Four of the firm's dually registered advisor reps stole millions from clients over five years, the agency said.
“Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all ...
The added responsibilities are making it harder for Gen Xers to save for retirement, a Nationwide study found..
Raymond James has added an advisor who managed more than $400 million in client assets at Merrill Lynch, to Raymond James & Associates (RJA), the firm’s employee advisor channel in Louisville, Ky., ...
MAI Capital Management, a Cleveland-based registered investment advisor, is expanding its footprint in the Washington D.C. area with the acquisition of Carmichael Hill & Associates, a deal that gives ...
Portfolio managers at the firm, speaking at a Midtown conference earlier today, said that the stock market rally has moved beyond the “Magnificent 7” of Apple, Microsoft, Amazon, Alphabet, Nvidia, ...
A chorus of top bankers said they are feeling positive about the prospects for the US economy under President-Elect Donald Trump and think his tariff threats will be manageable.