Investors want ‘more personalization’ when it comes to ESG
Greenwashing scared off many investors but advisor says the key is helping clients gain a deeper understanding of what matters to them.
American teens stressed about their parents’ finances and their own
Most want to know more about money to avoid the pitfalls.
EQT focuses on growth for private wealth business with new Americas head
The Swedish investment firm has four offices in the US.
Investors in ‘disappointing’ funds pioneered by Ray Dalio demand exit
Risk-parity funds promised a lot, but investors want their money back.
Gold in decline after biggest one-day drop in two years
Geopolitics and higher-for-longer rates are weakening demand.
Binance’s bitcoin trading market share tumbles as rivals gain
World's largest crypto platform's share of trades drops from 81% to 55%.
There’s a gender gap in emerging tech investment
Fintech platform’s poll shows men more likely than women to dive into crypto, blockchain, and alternative assets.
Solid start to wealth management deals in 2024: report
"We’re seeing continued deal flow of mid-sized and smaller RIAs, along with broker-dealers, too," one banker said.
Should advisors be looking for gold alternatives?
Gold has been shining this year, but there are other precious metals that advisors may want to consider adding to portfolios.
BlackRock set for first mutual fund-to-ETF switch
The global asset management firm is converting a $700M dividend strategy amid pervasive investor demand for tax-efficient fund structures.
LPL lands breakaway advisor from Merrill Lynch
The broker-dealer giant broadens its presence in Texas with the launch of an $820M multigenerational high-net-worth practice.
Ritholtz Wealth expands its California footprint
The $4B RIA has announced the opening of a new office branch in Los Angeles, led by a 15-year industry veteran.
Rockefeller deepens its bench with fixed-income muscle
The firm adds three portfolio management professionals to its asset management arm as it seeks opportunities in the muni bond market.
Alpha Capital taps industry vet as portfolio management lead
The outsourced family office, headquartered in Colorado, is welcoming an UHNW wealth advisor who managed more than $500M at Northern Trust.
The pressure’s on for big tech firms, says BofA
All eyes are on the Magnificent Seven, say strategists at the banking giant, as earnings put promises around AI in focus.
Goldman strikes deal to exit robo business
The banking behemoth is transferring its automated investing business to Betterment as it refocuses on its Wall Street operations.
Industry holds breath on DOL’s final fiduciary rule
Following debate from advisors and retirement plan stakeholders, the Department of Labor is set to unveil its final decision on the rule.
InvestmentNews Awards excellence awardees revealed
The inaugural awards night on June 20 will celebrate the industry's best and brightest. Did you make the list?
Asset managers propose strategic partnership to expand US, global distribution
The proposal involves a Texas firm and the US operation of a European asset manager.
