10 Stocks Warren Buffett Is Buying (And 6 He’s Selling)

–Advisor Group, one of the nation’s largest networks of independent wealth management firms comprised of FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial, and Woodbury Financial, today announced the launch of a financial professional development program. Advisors and firms that are part of the Advisor Group network now have…

Voya Financial, Inc., announced today its plans to achieve an adjusted operating earnings per share annual growth rate of at least 10% through 2021. Senior management will discuss further details about Voya’ s growth strategy at the company’ s 2018 investor day meeting beginning at approximately 1 p.m. ET today. “With our competitive advantages and renewed focus…

–Invesco, a leading asset manager with over 30 years of expertise in factor investing 1, has revealed that factor allocations and factor applications among North American investors are expanding. In a survey of over 300 institutional and wholesale factor investors globally, Invesco found that as respondents gain experience in utilizing factor portfolios…

–The law firm of Securities Fraud Attorney Mark A. Tepper, Esq., has filed claim against RBC Capital Markets, LLC, for allegedly taking advantage of an 80- year-old retired secretary’s vulnerability by repeatedly violating FINRA rules and state law. The Claim, filed with FINRA, alleges that RBC Capital Markets broker, James M. Earl, told the retiree that her…

John Hancock is teaming up with several NFL rookies, including Saquon Barkley, Calvin Ridley and Sony Michel, on a new retirement planning campaign. In it, the players will share their own experiences making a good salary in a career that lasts only a few years.

The San Diego firm, enTrust Wealth Advisors, LLC, has officially launched as an independent, SEC- registered investment advisor focused on offering individuals, families and entrepreneurs comprehensive wealth solutions across their financial life, including investment management, asset management and tax management. The firm will be led by Founders and…

“TCA by E* TRADE is thrilled to welcome Edelman Financial Engines— a premier and highly respected RIA in the industry— to our platform,” said TCA by E* TRADE President Josh Pace. Since last October, TCA by E* TRADE has secured more than $12 billion in commitments to its RIA platform and has added more than $2 billion in net assets under custody. “Edelman Financial Engines is…

A new survey from Schwab Stock Plan Services reveals that equity compensation accounts for a significant portion of participants’ net worth, with many employees’ portfolios overweighted in company stock even though they state they regularly rebalance their investment accounts. According to the nationwide survey of 1,000 equity compensation plan…

The addition of Sigma’s office in Portland, Oregon deepens Mercer Advisors’ footprint in the Pacific Northwest and builds on its significant West Coast presence, including an office in Seattle and seven offices in California. Sigma is extremely active in the Portland community supporting a long list of non-profits including The Oregon Community…

–Generating income for their clients is now the leading concern of financial advisors, ranking 129.7 on the Eaton Vance Q4 2018 Advisor Top-of-Mind Index, a 24% increase since the second quarter. “While our survey results indicated a sense of optimism about equity markets coming into the fourth quarter, October has brought some challenges resulting in few…

Following their merger in Q3 2018, the unified organization of Edelman Financial Services and Financial Engines has changed its name to Edelman Financial Engines. “The merger of Edelman Financial and Financial Engines provides us a unique opportunity to unite two strong organizations and bring client experiences under one recognizable brand,” said Jason…

E* TRADE Financial Corporation today announced that it has completed the acquisition and conversion of approximately one million retail brokerage accounts from Capital One Financial Corporation for a purchase price of approximately $109 million. “We are thrilled to welcome these new customers and to show them the best of E* TRADE, including our broad…

Citizens Financial Group, Inc. today announced that Citizens Bank, N.A. has entered into a definitive agreement to purchase Clarfeld Financial Advisors, LLC, a leading wealth management firm and multi-family office headquartered in Tarrytown, New York. As of September 30, 2018, Clarfeld held approximately $6.6 billion of assets under management and…

While the SEC revises its rule-making package containing regulation best interest, Form CRS and title reform, several states are taking matters into their own hands, establishing a fiduciary standard in the hopes of better-protecting investors.

Managed360 is a wrap program offered through BNY Mellon’s Lockwood Advisors, Inc., an affiliate of Pershing LLC. “As investor attitudes and demands change, advisors are increasingly being challenged to define their unique value proposition and investor experience,” says Gabriel Garcia, managing director and head of relationship management at BNY Mellon’s…

According to Prudential’s 2018 Financial Wellness Census, women lag behind their male peers by an average of 43 percent in retirement savings. What makes this trend even more worrying is the fact that by age 85, women outnumber men by two to one.

Delaware Department Of Insurance Announces Public Hearing On Proposed Transaction With China Oceanwide Holdings Group Co., Ltd U.S. Mortgage Insurance Adjusted Operating Income Of $118 Million, Increased 62 Percent Compared To Third Quarter Of 2017 U.S. MI’s PMIERs 1 Sufficiency Ratio At 130 Percent, In Excess Of $750 Million Above Current Requirements…

The U.S. economy grew at a 3.5 percent annual growth rate in the third quarter, considered strong but lower than the 4.2 percent rate at which it grew in the second quarter, according to a U.S. Bureau of Economic Analysis report.

However, Senior CFP Board Ambassador Jill Schlesinger, CFP ® says it’s important to strike a balance between the two by being realistic about what you can afford and creating a plan. As your children get older, the case for putting their education needs first is compelling– especially considering those with a bachelor’s degree have the potential to earn over…

–Broadridge Financial Solutions, Inc., a global Fintech leader, and UBS, the world’s largest wealth manager, today announced an innovative strategic partnership where UBS Wealth Management USA will be the anchor client on Broadridge’s new wealth management industry platform. Adopting an industry-standard, open solution will enable UBS to provide unique…

A turbulent day on Wall Street ended Tuesday with stocks climbing nearly all the way out of a steep, broad sell-off that at one point erased more than 500 points from the Dow Jones Industrial Average. The latest selling came as investors grew unsettled over slowing economic growth in China and increased signs of trade trouble.

A large majority of Americans agree they need to save more and invest better to prepare for retirement, but how to motivate the action is the missing piece. A new survey might have an answer: when people envision how they want to live in their retirement years, they are motivated to save more.

–LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, today announced that Brennan Asset Management Group has joined LPL’ s broker-dealer and corporate registered investment advisor platforms. Brennan Asset Management Group reported that its advisors served approximately $300 million of client brokerage,…

–SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, today announced a collaborative agreement with Envestnet Retirement Solutions to integrate its Managed Account solution with SS&C’s retirement record keeping platform, TRAC ®. “One of the keys to our TRAC retirement account servicing…

–A large majority of Americans agree they need to save more and invest better to prepare for retirement, but new research reveals an action that may make all the difference: When people envision how they want to live in their retirement years, they are motivated to save more. The research, based on a survey of 1,202 American adults conducted by Capital Group, home of…

TD Ameritrade Holding Corporation has released results for its 2018 fiscal year. “Fiscal 2018 was a landmark year for TD Ameritrade as our powerful momentum and financial strength grew across all core metrics. We also gathered a record $92 billion in net new client assets in the midst of a major client integration, driven by record asset gathering from our…

Women on average have saved 43 percent less for retirement than men, finds new data from Prudential Financial, Inc.. Kent Sluyter, President, Prudential Annuities. “More needs to be done to help women develop a retirement income strategy to not only put them on a parity with men, but to ensure they are financially secure,” said Kent Sluyter, president of Prudential…

When it comes to financial stress, the number one culprit is saving for retirement, according to a new study from Lincoln Financial Group. “Saving for retirement doesn’ t have to be stressful, and it doesn’ t have to be difficult,” said Jamie Ohl, EVP, president, Retirement Plan Services, Head of Life and Annuity Operations, Lincoln Financial Group.“ It’ s all about taking…

From San Diego to New York, people are dreaming of how they would spend the money should they beat the astronomical odds of winning.

–According to a new survey from Ally Invest, the online trading and automated investing arm of Ally Financial Inc., nearly two-thirds of survey respondents say they find investing in the stock market to be scary and/or intimidating, up from 61% in a similar survey during the same period last year. In addition to these concerns around investing, most survey…

The Department of Labor is likely to harmonize its Conflict of Interest Rule language with the Securities and Exchange Commission’s best interest standard, according to a prominent industry lobbyist. The DOL fiduciary rule was tossed out by a federal appeals court earlier this year.

Paul Volcker became Fed chairman in 1979, promptly running into an economy burning down because of runaway inflation and then threw gas on it. He eventually raised the prime rate to 1981, extinguishing inflation, but also President Jimmy Carter’s chances of a second term.

Amid increasing trade barbs, geopolitical unrest, and a late-stage economy, results show investors are hopeful that the midterm elections will have a positive impact on their investments.

The vast majority of consumers who find a financial task difficult don’t seek help. This opens an opportunity for financial professionals to help ease their pain, a study says.

Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc., announced today that JSD Associates has joined the company’ s platform. They will affiliate with Securities America through Evolution Financial Advisors, a Super-OSJ based in Victor, New York with total assets of more than $2 billion. We are also very pleased to play a…

When it comes to figuring out retirement income and how to manage finances in the post-employment years, there is a big difference between pre-retirees and retirees. More than half – 56 percent – of pre-retirees said they frequently worried about their finances while only 36 percent of retirees said they did.

–CAPTRUST Financial Advisors, one of the nation’s leading independent Registered Investment Advisors, today announced that the $1.4 billion wealth advisory firm, FCE Group, has joined its team. FCE Group was founded in 1981 and is led by Chairman David H. Schwartz, and CEO Fred Sloan. The firm has a 37- year history of providing clients with independent, holistic…

If your client did most of his or her retirement saving in 401(k)s and IRAs, unless you have a plan, they may end up paying a lot more in taxes than they bargained for. Some efficient strategizing and common-sense moves can avoid these problems.

Fidelity ® today announced the launch of Wealthscape SM Integration Xchange, its open architecture digital store. “Our clients are already successfully leveraging the integrations we provide, and Integration Xchange will further help them bring their client experience vision to life,” said Tricia Haskins, vice president, digital strategy& platform…

–AmeriServ Financial, Inc. reported third quarter 2018 net income of $2,329,000, or $0.13 per diluted common share. For the nine-month period ended September 30, 2018, the Company reported net income of $5,840,000, or $0.32 per diluted common share. AmeriServ Financial Inc. was able to return almost 70% of our increased third quarter earnings to our…