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News
Widowed Americans feel confident yet crave a financial sounding board
1+ day, 14+ hour ago (544+ words) For many people among America's widowed population, being financially confident and financially lonely may actually go hand in hand, according to survey data from Ameriprise Financial. While roughly nine in 10 widowed adults (89%) say they feel confident managing money on their…...
PPI comes in as expected, but rate-hike odds climb ahead of Fed meeting
2+ day, 20+ hour ago (457+ words) Advisors got a preview of this week's inflation picture Thursday as the Producer Price Index rose 0.4% in August, matching forecasts. But the more consequential number — the Consumer Price Index – lands Friday, and could tip the scales on next week's Fed…...
OnePoint BFG, Modern Wealth expand Florida presence
2+ day, 19+ hour ago (544+ words) OnePoint BFG Wealth Partners and Modern Wealth Management have extended their respective Southeast footprints this week, adding experienced teams from Northwestern Mutual and LPL in one of the hottest wealth markets in the US. OnePoint BFG, the Parsippany, New Jersey-based…...
Global shipping fragmentation poses growing portfolio risk
5+ day, 5+ min ago (767+ words) The Consultative Shipping Group (CSG), an informal body of national maritime authorities spanning Europe, Asia, and North America, published the statement through the Danish Maritime Authority. It warns that the rules-based framework that governs freedom of navigation at sea is…...
Canada's retaliatory tariffs go live as Trump hits out at Bombardier
5+ day, 9+ min ago (716+ words) Canada's counter-tariffs on hundreds of American goods kicked in at 12:01 a.m. on Tuesday, September 8, 2026, marking a significant new phase in the trade dispute between the two countries and drawing fresh warnings from President Donald Trump about further escalation. Sectors targeted include…...
Goldman's $120 oil scenario puts advisor portfolios on alert
5+ day, 19+ min ago (703+ words) Goldman Sachs has raised its oil price forecasts and put forward a scenario in which crude climbs to $120 a barrel, a warning that carries direct implications for financial advisors managing inflation-sensitive client portfolios amid an escalating conflict over the Strait…...
Long-term care blind spot is draining your clients' retirement savings
1+ week, 2+ day ago (838+ words) Most middle-class Americans are planning to use Medicare to pay for long-term care in retirement, but there’s a serious problem with that strategy: Medicare explicitly does not cover those costs. According to new survey data by the American Council of…...
Financial anxiety is eroding US worker productivity
1+ week, 3+ day ago (654+ words) Nearly two-thirds of American workers are living with money-related anxiety, and the consequences are no longer confined to their personal finances. TELUS Health's Q2 2026 Mental Health Index found that 64 percent of US workers experience financial anxiety, with 58 percent identifying the cost…...
F.L.Putnam adds $1 billion Wisconsin team in record 12th deal
1+ week, 3+ day ago (473+ words) F.L.Putnam Investment Management Company has pushed into Wisconsin for the first time, agreeing to acquire the Red Granite team from an affiliate of 1251 Capital Group in a deal that adds roughly $1 billion in client assets and a proprietary large-cap growth…...
UBS expands in Southern California with Irvine office and LA hires
1+ week, 4+ day ago (662+ words) UBS is making a concerted push into Southern California, opening a new wealth management hub in Irvine while simultaneously adding four financial advisors to its Los Angeles operation. The firm opened its new Irvine office at 200 Spectrum Center Drive this…...