Brokerage bombshell: What advisors, investors could expect from a Schwab-TD Ameritrade merger

The custody arena for registered investment advisors is about to get a lot smaller if Charles Schwab acquires TD Ameritrade. Here's what that might mean for services for financial advisors and their clients. Wealth SPECIAL NEWS UPDATE: Click today to … Read more…

French billionaire Bernard Arnault overtakes Bill Gates as world’s second-richest person

Bernard Arnault, chairman and CEO of luxury goods brand LVMH, has overtaken Bill Gates to be named the world's second-wealthiest person by Forbes. Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…

Here’s what advisors can anticipate amid the $26 billion Charles Schwab-TD Ameritrade tie-up

TD Ameritrade has historically catered to small registered investment advisory firms, so Schwab's acquisition of TD has some advisors spooked. Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…

If you’re flying this Thanksgiving, here’s how long you’ll wait at immigration, security

The best times to arrive back in the U.S. from abroad during the upcoming holiday weekend will be in the hours immediately before and after midnight the Saturday and Sunday after Thanksgiving, according to Airside Mobile. Wealth SPECIAL NEWS UPDATE: … Read more…

New Report Shows There’s an African American Financial Literacy Gap

The TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) released a new report documenting a financial literacy gap among African American adults. The TIAA Institute-GFLEC Personal Finance Index (P-Fin Index) provides a barometer of U.S. adults’ readiness to make sound financial … Read more…

German ECB Board Nominee Schnabel Says Harmful, Wrong Narratives Threaten Euro

Isabel Schnabel, Germany’s nominee to the European Central Bank’s Executive Board, urged fellow German economists to tone down their criticism of the central bank’s policies. RTT – Economic News SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…

Fisher Investments loses Chicago police pension; total losses now exceed $3 billion

The Policemen's Annuity and Benefit Fund of Chicago ended a $ 67 million relationship with Fisher Investments, marking another institutional investor to exit from the Camas, Washington-based firm. Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…

Elizabeth Warren’s tax proposals nearly amount to confiscation, Larry Summers says

The Democratic presidential candidate's tax proposals would have "catastrophic economic consequences" if implemented, the former treasury secretary says. Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your … Read more…

Democratic billionaire Marc Lasry says stock market would fall 20%-30% if Warren wins presidency

Lasry is the latest major Wall Street investor to warn about the damage the stock market could sustain in the event of a Sen. Elizabeth Warren victory. Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription … Read more…