FTC faces legal backlash following noncompete rule
The regulator’s motion to restrict noncompete agreements has drawn an immediate reaction from business groups and financial industry stakeholders.
Want to go RIA? Here’s where to start
Prospective RIAs see the potential for more profit and flexible but there are some fundamentals you need to figure out first.
Millennials, Gen Z starting earlier on ‘serious’ financial planning
Compared to boomers, younger generations are getting quicker starts to equipped themselves for their financial journeys.
Carson Group welcomes new CFO to executive leadership team
Carson Group has hired Daniel Applegarth from Orion Advisor Solutions…
Retirement income from four sources is expected by half of future retirees
Advisors should help clients consider retirement surprises, survey suggests.
Ultra-rich tax to save Social Security? Swing state voters in favor
Ideas such as a billionaire tax prove popular in Bloomberg poll.
SEC wants to impose record $5.3B fine on crypto firm, founder
Failed TerraUSD stablecoin penalty would be crypto's highest to date.
Weak yen has been good for equity investors, but now it’s a risk
Japan's currency continues to depreciate and it’s causing issues.
Nationwide’s Eric Henderson set to step down
The president of the financial giant’s annuity business is exiting at the end of 2024, capping off a transformative four-decade career.
Advisor recruiting getting “irrational,” says Ameriprise CEO
"I do believe that the market is very competitive," says Ameriprise CEO Cracchiolo.
RIA calls bias against Bitcoin unfounded, outdated
"They don't understand how Bitcoin has an enhanced Sharpe ratio and benefits overall volatility in a portfolio."
LPL expands in Delaware with $415M team
The breakaway advisor group joining the broker-dealer arrives from PNC Investments.
Morgan Stanley’s Wilson gives strong S&P calls a rest
Renowned investment strategist is ‘keeping an open mind’ as markets face a pivotal moment.
Cathie Wood’s ARK funds are leaking billions of dollars
2024 outflows from her active strategies have totaled $2.2B so far, eclipsing redemptions from disappointed investors last year.
Alts platform CAIS secures another partnership
The leading alternative investments provider is helping Captrust, the $800B wealth juggernaut, provide a better experience for advisors.
Showtime for HSBC’s wealth strategy as it unveils NYC office
The banking services giant is making a statement to high-net-worth and ultra-affluent individuals with its flagship center in New York.
Fidelity hits HSA record amid assets, adoption boom
Firm is now the second-largest provider of health savings accounts, with HAS assets quadrupling to $24B since 2020.
Speed of DOL fiduciary rule rollout branded ‘unAmerican’
Opponents left disappointed after final rule released, DOL accused of 'conducting an ideological campaign to ban commissions'.
Tesla soars as Musk’s cheaper EVs calm fears over strategy
EV stock rebounds after suffering longest rout since late 2022.
