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Worst day of an awful year leaves no part of market unscathed
INVESTING EQUITIES NOV 20, 2018
Worst day of an awful year leaves no part of market unscathed

Stocks, oil and corporate bonds all plunged, while safe havens like Treasuries and gold stood still.

Goldman Sachs rising star fired 15-year veteran on maternity leave, complaint says
NEWS INDUSTRY NEWS NOV 19, 2018
Goldman Sachs rising star fired 15-year veteran on maternity leave, complaint says

Los Angeles VP dismissed for 'strategic business planning reasons'; exec who fired her promoted to head of wealth management for U.S. and Latin America.

Q&A with Abigail Johnson and Kathleen Murphy of Fidelity Investments
INVESTING MUTUAL FUNDS NOV 19, 2018
Q&A with Abigail Johnson and Kathleen Murphy of Fidelity Investments

The Fidelity CEO, along with the president of personal investing, discuss record earnings, allegations of sexual misconduct and the challenges facing a changing industry.

Taking stock of the new political landscape in Washington
NEWS REGULATION AND LEGISLATION NOV 19, 2018
Taking stock of the new political landscape in Washington

The incoming Congress will present both challenges and opportunities for the financial advisory profession.

Investors sour on market strewn with bombs
INVESTING EQUITIES NOV 16, 2018
Investors sour on market strewn with bombs

Whether it's crude oil, General Electric, bitcoin or bonds, things keep blowing up

Thanksgiving turkeys are shrinking
NEWS INDUSTRY NEWS NOV 16, 2018
Thanksgiving turkeys are shrinking

Smaller birds for the holiday feast are another thing being blamed on millennials.

Robo Acorns said to seek funding at $700 million valuation
YOUR PRACTICE FINTECH NOV 16, 2018
Robo Acorns said to seek funding at $700 million valuation

BlackRock and PayPal are among the company's existing investors

Money in donor-advised funds can make impact before distribution
INVESTING ESG NOV 15, 2018
Money in donor-advised funds can make impact before distribution

New study from Cornerstone Capital Group highlights ESG investing and other options within the tax vehicle.

Wells Fargo cuts 1,000 jobs across the U.S.
YOUR PRACTICE PRACTICE MANAGEMENT NOV 15, 2018
Wells Fargo cuts 1,000 jobs across the U.S.

About 900 of the cuts will occur in the bank's home-lending unit, as higher rates and competition cut into that business.

Mega-multifamily offices Glenmede and London-based Stonehage Fleming tie the knot
INVESTING EMERGING MARKETS NOV 14, 2018
Mega-multifamily offices Glenmede and London-based Stonehage Fleming tie the knot

Transatlantic deal will benefit rich U.S. clients with multijurisdictional relationships.