Senators push back against SEC climate rule
More than 30 senators are supporting a measure that would overturn the regulator’s climate disclosure rule.
ESG investment battles recede as geopolitics take center stage
The number of client phone calls regarding environmental, social and governance investing has steadily diminished, some advisors say.
SEC dings Minnesota investment manager over pay-to-play conflict
"Is four grand really going to influence a politician’s thinking?" one attorney asked.
Spontaneous DAF contributions ignite more giving
Vanguard Charitable research spanning tens of thousands of donor-advised fund accounts reveals the catalytic impact of gifts.
Trump Media: A great stock to avoid altogether, advisors say
Stock is a 'great way to destroy wealth' but that may not stop some of the former president's supporters.
Could retirement fluency cure Americans’ financial uncertainty?
Research report from TIAA Institute reveals troubling knowledge gaps around Social Security, Medicare, and retirement savings options.
Apella seals deal for $464M advisory team
The fast-growing RIA’s addition of the Virginia practice marks its 17th acquisition.
Summit sharpens HNW focus with souped-up alts platform
RIA unveils partnerships with leading tech and alts providers to arm advisors with a range of alternative investment options.
Ex-Raymond James advisor makes comeback at LPL
The three-decade veteran in Texas is returning to the broker-dealer giant’s network as he looks to solidify his succession planning.
Suit challenges SEC market surveillance tool as unconstitutional
The Texas lawsuit accuses the SEC of acting without authority to create the Consolidated Audit Trail, a database that would collect virtually all US trading data.
Ascensus buying Vanguard small-business retirement offerings
The company is acquiring the Individual 401(k), Multi-SEP, and SIMPLE IRA plan businesses from Vanguard.
Envestnet shares up 9% as reports suggest it’s in talks to sell to PE
Wealth management technology company has reportedly hired Morgan Stanley as advisor.
Rents still rising but investors are seeing slower annual increases: CoreLogic
Latest CoreLogic Single-Family Rent Index reveals where rents are increasing the most.
Stocks gain as focus shifts from rates to earnings
S&P futures up 0.3% on hopes of a rebound after three days of losses.
US yields at highest since November, enticing opportunist buyers
Despite negative sentiment, some investors are seeing potential.
Morgan Stanley downplays AML scrutiny for wealth clients
CEO says it's nothing new to be talking to regulators.
Global regulators want to bolster hedge fund protections
Proposals would help funds cope with market stress.
Fintech takes aim at industry’s texting-breach plague
Serial fintech entrepreneur Larry Shumbres leads the veteran leadership team launching an AI-powered compliance solution.
UBS reportedly faces $20B capital hit under proposed Swiss reforms
The Swiss Finance Minister wants systematically important lenders to have full capital backing against their foreign units.
California-based Dunham unveils retirement income program
Service aims to help advisors with retired and pre-retiree clients with an algorithmic strategy, tailored portfolios, and back-office support.
