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.

Fed’s Mester Says Rates Should Rise Above 5%, Stay for Some Time

Federal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year.

Charlie Javice, the Founder Accused of Fraud by JPMorgan, is Arrested as DOJ Files Criminal Charges

DOJ filed criminal charges against Charlie Javice alleging former Frank CEO committed fraud when she sold financial aid startup to JPMorgan Chase.

Schwab Boosts ETF Investing by Riding the Wave of Direct Indexing

Charles Schwab Corp. is riding the wave of direct indexing, and ETF popularity, by adding to its Schwab Personalized Indexing a new index.

Survey: Experts See 10-Year Treasury Yield Below 4% Over the Next Year

Market experts surveyed by Bankrate see Treasury yields increasing slightly over the next 12 months. As Fed continues to fight inflation.

Stock ETFs See Lowest Quarterly Inflow Since Start of Pandemic

Stocks had a banner start to the year, but exchange-traded fund investors seemingly never got the memo.