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Wednesday 24 April 2024

The best financial advisory firms

06:59

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Also: Is TikTok's time up? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Apr 24 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

The stock market, like life itself, has been a rollercoaster over the past few years.

What's the average investor to do?

Many experts say the answer is simple: Find a registered investment adviser (RIA) that you like and that fits your financial profile. RIAs are companies with a fiduciary duty to always act in their client's best interests. They charge fees, rather than sales commissions, and employ investment adviser representatives (IARs) who are licensed to give financial advice.

To streamline your search for an adviser, USA TODAY has partnered with market research firm Statista for the second straight year to rank the top 500 RIAs in searchable lists.

Has time run out for TikTok?

For years, TikTok leadership tried to convince the United States that the popular social media app was not a threat to national security.

It lost that fight Tuesday night when the Senate passed the sell-or-ban TikTok bill with overwhelming bipartisan support.

Time hasn't run out for TikTok just yet, Jessica Guynn reports. Here's what happens next.

📰 More stories you shouldn't miss 📰

The unfortunate truth about maxing out your 401(k)
Trump to receive Truth Social stock bonus
What is the FAFSA 'grandparent loophole'?
California fast-food price hikes are unseemly
What's the outlook for home insurance in 2024?

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

You've filed your tax return for 2023. You have a refund coming. You want to know where it is.

There are a lot of ways to receive a tax refund, but the fastest by far is electronically, the IRS says. If you filed electronically and chose to receive your refund by direct deposit, your refund will probably be issued within 21 days. If you mailed a paper return and expect a refund, it could take four weeks or more to process your return, the IRS said.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Daniel de Visé covers personal finance for USA Today.

A financial advisor can be critical when the stock market and economy are volatile, Here's a look the top firms, according to USA TODAY and Statista.

A financial advisor can be critical when the stock market and economy are volatile, Here's a look the top firms, according to USA TODAY and Statista

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The social media application logo for TikTok is displayed on the screen of an iPhone in front of a US flag and Chinese flag background in Washington, DC.
 

Congress passes TikTok sell-or-ban bill. What you need to know.

Calling TikTok a national security threat, Congress passed legislation that could lead to a US ban of TikTok. President Biden is expected to sign it.

In March 2024, overall prices increased 3.5% from a year earlier, up from 3.2% in February, driven largely by the rising cost of rent and gasoline, according to the Labor Department's consumer price index.
 

Inflation has been stubbornly high lately. When will it come down?

Some economists say inflation will soon resume its slowdown after flaring recently, letting the Fed cut rates. Others say it will stay high longer.

What to know about the 2024 tax season from USA TODAY reporters.
 

Where's my refund? How to check your IRS tax return status

Waiting on your tax return? Here's how to track the progress of a tax refund check through the IRS system.

Person with a serious expression.
 

The unfortunate truth about maxing out your 401(k)

Here's a look at the pros and cons of 401(k) accounts. Some of them might surprise you.

April 23, 2024; New York, NY, USA; Former President Donald Trump appears in Manhattan Supreme Court for the 6th day of the hush money trial against him on April 23 2024. Mandatory Credit: Curtis Means/USA TODAY Network
 

Trump to receive earnout bonus worth $1.17 billion in Trump Media stock

Trump Media share prices have stayed above $17.50 for 20 days, making Trump eligible to receive 36 million more shares, worth TK at current price.

Be proactive at the start of your little one's life with the help of a 529 plan for college savings that will appreciate over time.
 

New FAFSA rules open up 'grandparent loophole' that boosts 529 plans

New FAFSA created the "grandparent loophole" allowing nonparents to use 529s to help pay for school without hurting a student's financial aid chances.

A Tesla Supercharger location in St. Louis, Missouri, with 12 charging sites.
 

Key takeaways from Tesla earnings call amid turbulent week

Elon Musk said that he sees Tesla as an artificial intelligence company, doubles down on self driving in first quarter investor call.

The US Federal Trade Commission (FTC) building is seen in Washington, DC, on September 19, 2006. A US federal judge on July 11, 2023, refused to allow the temporary suspension of Microsoft completing its $69 billion buyout of gaming giant Activision Blizzard, a court filing showed. The US Federal Trade Commission requested that the deal be halted pending an investigation on antitrust concerns, but Judge Jacqueline Scott Corley said "the FTC has not shown   a likelihood it will prevail on its claim." (Photo by Paul J. RICHARDS / AFP) (Photo by PAUL J. RICHARDS/AFP via Getty Images)
 

FTC votes to ban noncompete agreements. What you need to know.

The Federal Trade Commission approved a new rule banning agreements that prevent workers from joining competitors or launching rival businesses.

Middle school English teacher Kareem Wall, 31, said he worked hard to decorate his classroom for his students at the Paseo Academy of Fine and Performing Arts.
 

If you want to live near a top public school, it's going to cost you

Parents often look to buy homes in the best public school district to save on tuition. But those houses may come at a hefty premium, a study shows.

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