Unwanted crypto gifts a headache for bitcoin ETF firms
Handcuffed by regulation, crypto ETF issuers are stuck with virtual assets that inadvertently made their way into their wallets.
Are advisors operating ‘above or below the line’?
CEO of GYL outlines how advisors can stay fresh and relevant.
Freestone strengthens San Francisco office with veteran hire
The advisor joins the independent in California with 30 years of industry experience, including tenures at Goldman Sachs and UBS.
Majority of women agree a retirement storm is brewing
Faced with rising living costs and debt, majority of women call for immediate action on Social Security and pension plans.
Advisors weigh in on the future of the Magnificent Seven
The Mag 7 collectively represent a weighting of more than 27% of the S&P 500, so they will have an outsized impact on the broader market whatever they do.
Jackson spices up RILA suite with new add-on
The leading annuity provider’s new income option allows investors added flexibility in building guaranteed lifetime income.
Gold in flux as investors await Fed meeting
Following a 13 percent advance this year, the price of the yellow metal wavered as traders weigh the odds of harmful rate hikes.
Finra bars ex-Wells Fargo broker firm accused of theft
“We’ve done scores of theft cases over the years and it’s a cancer," said one attorney.
Hedge funds ramp up tech allocations, says Goldman
Data show amped-up net buying in sector through long positions and short-covering even amid a slide in S&P 500 IT index.
Tech-focused wealth firms win on multiple counts, says Fidelity
Survey of more than 400 advisors reveals impact of technology on client growth, AUM expansion, and service delivery.
Despite doubts on retail, private market allocations primed for growth
State Street report points to continuing shift in portfolios as infrastructure and private debt appetite proves robust among investors.
UHNW family offices are eyeing alts diversification, says JP Morgan
The financial giant offers a fresh snapshot into global family offices’ investment, governance, and succession planning concerns.
LPL lands $860M whale from Lincoln
The broker-dealer giant is expanding its profile in Texas with a holistic planning firm working with multigenerational clients.
Younger Americans’ wealth growth has beaten historic norms
Under 40s have seen wealth accumulation rise faster than other generations.
Despite the cost of living, Americans remain on top of their mortgages
Stats reveal that all stages of delinquency are around historic lows.
Treasury options traders keep Fed hike on table
But they are also positioning for the potential for multiple rate cuts.
Deutsche buybacks at risk amid $1.4B legal action fund
The banking group is being challenged over a takeover in 2010.
New bid for song catalog fund puts Blackstone at #1
Board prefers the latest offer rather than Concord bid.
FX traders wonder when Tokyo will support the yen
Currency continues to fall but investors hope for assisted rebound.
Are RIAs failing their clients?
Advisors respond after report suggests clients are not having enough input into the advisory experience.
