The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

JPMorgan to Cut Jobs of Almost 1,000 First Republic Employees - Source

JPMorgan Chase & Co has notified nearly 1,000 First Republic Bank employees that they will no longer have a job as it integrates the failed lender.

BofA Strategist Warns of Equity Stress as 2023 Flows Turn Flat

The three-year run of investors pouring cash into stocks has run out of steam, according to a note from BofA Corp.

What Would Happen to a Treasury Bill After Default? Six Key Questions.

For holders of Treasury bills, notes and bonds raises uncertainty over whether issues they hold are affected, and what happens if debt isn't repaid.

Traders Are Duped by Bear-Market Rally, Morgan Stanley’s Wilson Says

Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his warning.

Warren Buffett Makes Mistakes Too — This One Cost $11 Billion

Even financial gurus like Warren Buffett, CEO of Berkshire Hathaway Inc., are not immune to making mistakes or bad investments.