Advisor News

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Social Security COLA for 2026 set to rise modestly following latest inflation data
RETIREMENT PLANNING AUG 12, 2025
Social Security COLA for 2026 set to rise modestly following latest inflation data

Experts flag potential risks for seniors as headline readings for July obscure higher jumps in key price categories.

By Leo Almazora
Trump mocks Goldman CEO, says bank made bad call on tariffs
EQUITIES AUG 12, 2025
Trump mocks Goldman CEO, says bank made bad call on tariffs

The President's comments on social media came after analysts sounded notes of caution on the impact on consumer prices.

By Bloomberg
The president’s executive order on alts for 401(k)s is absurd
OPINION AUG 12, 2025
The president’s executive order on alts for 401(k)s is absurd

The order from the White House would bend fiduciary principles to benefit the alternative investments industry alone, argues the Institute for the Fiduciary Standard.

By Knut A. Rostad
FINRA accuses Old Slip Capital CEO of $1.1M in unauthorized trades; request for preliminary injunction denied
REGULATION AND LEGISLATION AUG 12, 2025
FINRA accuses Old Slip Capital CEO of $1.1M in unauthorized trades; request for preliminary injunction denied

A federal judge denied CEO and managing principal James Lukezic's urgent bid to halt FINRA discipline over $1.1 million in trades, putting industry compliance under the microscope.

By Matthew Sellers
Labor Department withdraws annuity safe harbor rule after industry pushback
RETIREMENT PLANNING AUG 12, 2025
Labor Department withdraws annuity safe harbor rule after industry pushback

Industry group IRI hails regulator's reversal as a win for financial professionals, plan sponsors, and retirement savers.

By Leo Almazora
UBS slips after shareholder sells $621 million stake
WIREHOUSES AUG 12, 2025
UBS slips after shareholder sells $621 million stake

The investor offered around 16 million shares through an overnight placing.

By Bloomberg
Advisors eye private market investments for 401(k)s as interest builds
RETIREMENT PLANNING AUG 12, 2025
Advisors eye private market investments for 401(k)s as interest builds

Report suggests strong demand for adding alternative assets to retirement plans.

By Steve Randall
FINRA sues ex-Arkadios, Osaic broker at center of millions of dollars of investor complaints
INDEPENDENT BROKER DEALERS AUG 11, 2025
FINRA sues ex-Arkadios, Osaic broker at center of millions of dollars of investor complaints

James Walesa "should have been barred from the industry years ago," one attorney said.

By Bruce Kelly
Gen Z, Millennials shape the new rules of financial advice but can advisors keep up?
FINTECH AUG 11, 2025
Gen Z, Millennials shape the new rules of financial advice but can advisors keep up?

Kristy Smith from Broadridge says advisors who can't adapt risk being left behind.

By Steve Randall
Bureau of Labor Statistics dismissal presents opening for new leadership
REGULATION AND LEGISLATION AUG 10, 2025
Bureau of Labor Statistics dismissal presents opening for new leadership

Three contenders stand out to replace the departed Erika McEntarfer, according to Hal Ratner, who is the head of research for Morningstar Investment Management.

By Andy Burt
Americans share confusion, concerns ahead of Social Security's 90th anniversary
RETIREMENT PLANNING AUG 08, 2025
Americans share confusion, concerns ahead of Social Security's 90th anniversary

Surveys show continued misconceptions and pessimism about the program, as well as bipartisan support for reforms to sustain it into the future.

By Leo Almazora
The advisor’s essential role as alternative investments go mainstream
OPINION AUG 08, 2025
The advisor’s essential role as alternative investments go mainstream

With doors being opened through new legislation and executive orders, guiding clients with their best interests in mind has never been more critical.

By Leo Kelly
Advisor moves: Raymond James snags advisor teams from RBC, Wells Fargo, Thrivent
INDEPENDENT BROKER DEALERS AUG 08, 2025
Advisor moves: Raymond James snags advisor teams from RBC, Wells Fargo, Thrivent

Meanwhile, Stephens lures a JPMorgan advisor in Louisiana, while Wells Fargo adds two wirehouse veterans from RBC.

By Leo Almazora
Private equity's courtship of retail investors irks pensions, endowments
RETIREMENT PLANNING AUG 08, 2025
Private equity's courtship of retail investors irks pensions, endowments

Large institutions are airing concerns that everyday investors will cut into their fee-bargaining power and stakeholder status, among other worries.

By Bloomberg
J.P. Morgan Securities on the hook for $1.1M to advisor in back-pay dispute
REGULATION AND LEGISLATION AUG 08, 2025
J.P. Morgan Securities on the hook for $1.1M to advisor in back-pay dispute

Fights over compensation are a common area of hostility between wealth management firms and their employees, including financial advisors.

By Bruce Kelly
After Muni bond fund blow up, broker-dealers Osaic and Stifel Nicolaus face questions
INDEPENDENT BROKER DEALERS AUG 08, 2025
After Muni bond fund blow up, broker-dealers Osaic and Stifel Nicolaus face questions

Plaintiff's lawyers are eying both broker-dealers for potential client complaints.

By Bruce Kelly
RIA moves: Merit lands deal for Second Half in Florida
RIA NEWS AUG 08, 2025
RIA moves: Merit lands deal for Second Half in Florida

Also, Maridea welcomes former founders of Motley Fool Wealth Management, while Lido locks in a strategic investment from private credit firm HPS.

By Leo Almazora
Income Lab, RISR ink additional integration partnerships
RETIREMENT PLANNING AUG 08, 2025
Income Lab, RISR ink additional integration partnerships

Meanwhile, FINNY launches new multi-channel marketing campaign features, while RightCapital introduces a planning capability to help with client prospecting.

By Leo Almazora
Industry groups urge New Jersey to rethink independent contractor rule proposal
INDEPENDENT BROKER DEALERS AUG 08, 2025
Industry groups urge New Jersey to rethink independent contractor rule proposal

FSI, IRI, and NAIFA argue the New Jersey Department of Labor's push to modify the ABC test for independent contractors would burden thousands of financial professionals.

By Leo Almazora
Trump greenlights alternative investments in 401(k) accounts – Industry reacts
RETIREMENT PLANNING AUG 07, 2025
Trump greenlights alternative investments in 401(k) accounts – Industry reacts

The president signed an executive order late Thursday which he says will broaden choice.

By Steve Randall