Multifamily office Caprock strikes first deal for $2.2B boutique firm
The Idaho-headquartered multi-family office tops the $11B AUA mark as it scoops up an independent wealth firm based in Chicago.
Barings blasts asset manager Corinthia over ‘corporate raid’
The MassMutual subsidiary filed legal action as an aggressive recruitment strategy threatens its status in the private credit space.
Fintech iPipeline unveils annuity order tracker
In a first for the industry, the platform offers advisors the ability to manage annuity purchases from multiple carriers in real time.
Finra fines M1 Finance in landmark social media enforcement
The regulator hands down a $850,000 penalty after finding noncompliant promotional messages from M1's finfluencer army.
RIA industry is slow to ‘capture more clients,’ EP Wealth CEO says
Ryan Parker, who formerly headed Edelman Financial Engines, suggests RIAs should band together to create marketing strategies.
Neuberger Berman inks direct indexing deal with Key Wealth
Wealth management firm adds custom SMA platform to its shelf of proprietary portfolio products for high-net-worth and ultra-high-net-worth clients.
Has UBS missed the US wealth management M&A boom?
Recent history shows that wealth management deals by giant banks like UBS can produce mixed results.
Texas anti-ESG laws costing state more than $700M, study says
The restrictions have negative economic consequences, according to research supported by business groups.
Rising oil has advisors adjusting energy allocations
Portfolio manager recommends 70/30 split between traditional and alternative energy over next few decades.
What does it take to grow organically in the wealth arena?
Study conducted by Janus Henderson Investors and the Financial Planning Association suggests six keys to practice success.
SEC sues two firms over bogus AI claims
Delphia and Global Predictions both made 'false and misleading statements' about their use of artificial intelligence, the SEC says.
B. Riley fails to file audited results
The broker-firm, whose stock has been battered by concerns about its dealings with a former business partner, says it will file 'as soon as reasonably practical.'
Would US investors trust sustainability more if the data were better?
Deloitte study reveals challenge for public companies.
Realta Wealth continues to bolster leadership team since rebrand
Broker-dealer formerly known as CoastalOne changed its name in January.
Markets optimistic ahead of Fed meeting
The central bank will announce its latest rates decision this week.
Bond yields could disrupt equities rally: Morgan Stanley
Strategists warn that the rally faces tests this week.
Commodity trading profits pass $100B globally
Last year marks the second-best year for the industry.
Is a college education still a sound investment?
Study considered the average annual return on a degree versus a high school diploma.
BBVA breaks into US RIA space
The global firm’s first investment advisory office in Miami will initially cater primarily to high-net-worth clients from Latin America.
Orion beefs up tech shelf with new BeFi tool
Fintech unveils new tools focused on behavioral finance, estate planning and client trading oversight.