Tech-heavy advisor practices have a performance edge: Cerulli
Survey research finds heavy users tend to grow faster as advisors report greater operational efficiency and productivity in serving clients.
Fed will cut once before presidential election, says Howard Lutnick
Cantor Fitzgerald’s chief executive predicts the central bank will “show off a little bit” just before voters head to the polls.
Trust & Will forges strategic partnership with LPL
The digital estate planning platform is set to triple its reach as it rolls out across LPL’s network of more than 22,000 advisors.
Raymond James’ incoming CEO shrugs off DOL rule
"It doesn't look too problematic at all," Paul Shoukry said.
Wealth Enhancement Group lands $502M powerhouse team
The national wealth firm is snapping up a hybrid RIA from Raymond James, establishing its fourth foothold in Maryland.
US annuities set rapid pace in first quarter
Preliminary Limra results show total sales of $113.5B for individual annuities, rivaling the peak seen in the fourth quarter of 2023.
Tech stocks tumble after Meta misses on earnings
The Nasdaq 100 shed $400B, the Facebook parent slumped by as much as 16%, and AI believers are left on tenterhooks.
Cetera names new head of corporate development
With a successful record at Avantax, Wall Street veteran Michael Molnar is set to lead the RIA's M&A and advisor succession planning strategy.
Intuition at the heart of understanding what makes clients tick
How positive prosperity reaped rewards for speaker at InvestmentNews’ upcoming Women Advisor Summit.
Distressed investors finding opportunities despite bull market, strong economy
"Interest rates have skyrocketed in the last 24 months and because of that, you're seeing more and more distress,” said one fund manager.
LPL welcomes $190M boomerang advisor
The broker-dealer broadened its advisory footprint in North Carolina as industry veteran returns from Benjamin F. Edwards & Co.
Retirement confidence flagging for most older US adults: AARP
Survey finds one-fifth of US adults aged 50 and over have no retirement savings, and three-fifths concerned they’ll outlive their nest eggs.
GTCR set to snap up AssetMark
The private equity firm unveiled plans to take the TAMP provider private, valuing the company at $2.7B.
US investment firms have seen 9% rise in financial impact of fraud
LexisNexis report highlights increased risk as digital channels expand.
IRS wants to streamline tax disputes with new focus on alternative programs
Alternative Dispute Resolution Program Management Office formed.
ESG mandated US funds posted $9B outflows in Q1
First three months of 2024 was challenging for sustainable funds.
International exporters to US set to win amid dollar gains
While other international stocks are pressured, exporters should win.
Two words that turned $8.99 into a cool million dollars
A think tank intern's crypto bet was a most unusual 'investment'.
Wealth firms must prepare for demise of non-competes, despite legal challenges to FTC rule
A growing sentiment against restricting employee moves could affect non-solicitation, too.
