Most FAs I see work long hours but spend less than two hours a week attempting to grow their business. One of the first things I do when coaching them is to learn five things.
Today we look like geniuses, but there will be times when, by making rational and unpopular decisions, we’ll look like idiots. There are few guarantees I can give in this business, but this is one of them.
A group of multi-billion dollar businesses could help stage a comeback for Europe’s market for initial public offerings this fall, compensating for the region’s slowest first half in more than a decade.
US orders for business equipment increased in July by more than projected, suggesting companies are moving forward on investment plans as some of the trade and tax policy uncertainty gradually diminishes.
Apple Inc.’s stock is showing signs of life after struggling through most of 2025, as the tariff-related risks that have weighed on the company start to ease.
China is in the midst a stock boom. The blue-chip CSI 300 Index is up 9% so far this month, while the tech-heavy ChiNext Index has soared 18%, leaving the S&P 500 in the dust.
If I told you Argentina is the world’s hottest new market for copper, you might be likely either to scratch your head or just laugh.
As financial planning becomes more digital, more automated, and more standardized, this human layer becomes even more critical. The ability to connect, to coach, and to support emotionally charged decisions will remain one of the most valuable skills an advisor can offer.
The Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick back, discuss a few complicated economic topics and then go for a hike in the shadow of Grand Teton.
An avalanche of cheap Chinese stuff is landing on doorsteps across Latin America. Bargain-hungry consumers are giddy, local retailers are getting pummeled and customs agencies are swamped.
For years software companies were the toast of Wall Street. High profit margins, low capital requirements and vast runway for growth prompted the venture capitalist Marc Andreessen in 2011 to famously declare “software is eating the world.”
The difference in wealth and income between the top 1% and the rest of America tends to get more attention, but one of the more striking wealth gaps is generational: Older Americans are far richer than young Americans.
At the risk of assaulting an already deceased equine, happy talk about decreased spending in retirement strikes us as the whistling-past-the-graveyard rationalization of those who fear they haven’t saved enough. In plain English, the average retiree spends less than while working because they have to, not because they want to. Advisors and prospective retirees should take care not to confuse the two.
Different clients may prefer different ways to invest in bonds. This article isn’t about identifying which fixed income vehicle offers the highest yield or lowest fee. It’s about matching strategies to real-world investor behavior.
The battle of words between the alternative investments industry and all others about whether alts belong in 401(k)s is far too familiar today. The two sides speak different languages. They don’t engage each other.
Despite not meeting three of the four criteria, UPS valuations provide a better margin of safety than many stocks. However, while it may fare better comparatively, we would want to see improvement in earnings and sales trends before committing UPS to our roster of rainy-day stocks.
For much of this month, Wall Street traders piled into stocks and bonds, betting that the Federal Reserve was finally ready to start cutting interest rates again. All they were waiting on was the green light from Jerome Powell to keep the rally going.
Walmart Inc., TJX Cos Inc. and Lowes Cos. each upgraded their forecasts this week; Home Depot Inc. returned to sales growth. All the good news means the retail sector is doing fine, right?
Oracle Corp.’s Larry Ellison used to scoff at the idea of cloud computing, saying in 2008 that it was “complete gibberish.”
Consumer companies can cope with the baby bust. They just have to pivot to baby boomers.
Treasuries soared and traders added to bets on a September interest-rate cut after Federal Reserve Chair Jerome Powell indicated a reduction may be warranted to support the labor market.
Investors are clamoring to buy the one kind of security that few companies want to sell now: long-dated bonds.
Bond investors are heading into Friday’s much-anticipated Jerome Powell speech largely expecting the Federal Reserve chair will indicate policymakers will start cutting interest rates next month.
Bitcoin, once the unruly child of finance, is showing signs of maturity as its wild swings fade, forcing speculative traders to hunt for a new playground.
A paper from researchers at hedge fund AQR Capital Management and Yale University addresses one of the most important questions in finance: Will artificial intelligence and machine learning replace human researchers and traders?
Nvidia Corp. has instructed component suppliers including Samsung Electronics Co. and Amkor Technology Inc. to stop production related to the H20 AI chip, the Information reported, citing unidentified sources.
Sharp losses in high-flying momentum stocks may present a dip-buying opportunity if history is any guide, according to Goldman Sachs Group Inc.’s trading desk.
Mutual funds are bleeding assets anew, just as their ETF cousins break fresh records.
If you’re a tech company not called Apple Inc., getting regular people to pay attention to your smartphone launch is a challenge. Your executives, who simply must be involved, are stuffy, wooden and, more often than not, white and old. Even worse, they’re not famous.
The US and European Union took the next steps to formalize their trade pact, detailing plans that could reduce tariffs on European automobiles within weeks while opening the door to new potential discounts for steel and aluminum.
Fresh from a bruising tussle with the White House over tariffs, Vietnam is confronting a different but no less delicate challenge.
In a profession that once relied on handwritten notes and leather-bound appointment books, financial advisors now stand at the cusp of a seismic shift. Artificial intelligence is no longer just a buzzword floating around fintech conferences.
This week’s column will explore the impact on team members and how to navigate a successful transition when your team has become like family and they care deeply about keeping the status quo in place.
In this article, we’ll unpack some of the most common misconceptions we see and help you reframe how you think about marketing. Because once you understand what truly works, you’ll be in a much stronger position to grow your firm with clarity and confidence.
If ever there were conditions that cried out for stimulus, China appears to have met them. Recent gauges of growth and inflation were more than just disappointing.
Despite Tuesday’s wobble, the narrative that has been fueling the sharp recovery in US equities since April remains supportive as the drivers of the rally are still intact.
There’s a new fox sniffing around the private credit henhouse. Last year, Apollo Global Management Inc. engineered an innovative trade for its insurance arm Athene Holding Ltd., with the help of an obscure Luxembourg-based firm. It’s fascinating and troubling in equal measure.
Companies touting their artificial intelligence and crypto-sector ties are speeding up their IPO timelines, after triple-digit first-day pops became a regular feature in this summer’s sizzling US market for new issues.
Traders are piling into one specific options wager that relies on a dovish Federal Reserve slashing interest rates by over a quarter-point next month.
What is one of your “hard truths” about money? An assumption like “money is power” that you have never questioned? “Truths” like these are financial beliefs, or money scripts, that often sound completely reasonable on the surface. But in my work as a financial therapist, I’ve learned that these money scripts aren’t facts.
A high-yield municipal-bond fund run by Capital Group saw the biggest inflow of any US-based exchange-traded fund on Friday, with an infusion of $1.54 billion.
In this article, I will discuss the automatic Social Security bridge strategy built into the AFP models and look at several hypothetical client situations to quantify how much a Social Security bridge strategy (SSBS) may actually enhance your retired client’s retirement security.
Imagine having the ability to withdraw funds during retirement without worrying about the tax bill that typically accompanies your withdrawals. With in-plan Roth conversions, you gain this advantage and enjoy the satisfaction of knowing your investment will grow tax-free.
A portfolio of longish-term bonds held to a shortish-term horizon did appear to benefit from a drop and suffer harm from a jump in interest rates. This article’s purpose is to sharpen that observation and remove the ambiguity.
Morgan Stanley had an unusual message when it approached four of the world’s biggest asset managers in July: they had progressed to the final round of one of the most sought-after private credit deals to date. But if they wanted to get to the finish line, they would need to pair up.
In the grand banking hall of Cipriani 42nd Street in Manhattan last week, crypto advocates gathered beneath marble columns and chandeliers to declare the arrival of a new financial era — one that goes way beyond Bitcoin.
A group of investors led by the owner of several boutique New York hotels agreed to take Soho House & Co. private in a $2.7 billion deal for the members’ club operator that’s struggled since its initial public offering.
Almost 15 years ago, I had a finance job in Austin which I did from my apartment in Manhattan. Although I was under constant pressure to move to Texas, I argued that because I worked in finance and media, leaving New York would hurt my career, and I’d have to be compensated for that loss.
Foreign investors are flooding into South Africa’s government bond market to take advantage of one of the best emerging-market trades of recent years.
While stock indexes generally give a broad idea of what is happening, they can greatly overlook the performance of many individual stocks.
