The AI-driven next step in how advisors manage investments may be coming “faster than any of us think,” says Osaic’s Shannon Reid.
Bain Capital has joined Osaic's existing investors Ares and Lexington Partners.
Osaic’s advisors began using the Jump and Zocks AI tools since early 2025.
Outgoing Fed Chair Jerome Powell continues to resist President Donald Trump's calls to cut interest rates.
“I think our industry has a real need to be getting this right,” said Summit Place Financial Advisors Founder and President Liz Miller.
The asset manager's AI message “starts at the top,” said Katrina Dudley, senior investment strategist at Franklin Templeton.
Advisors will be looking for the impact of higher oil prices on the trajectory of rates, according to David Laut of Kerux Financial.
“If there’s a cybercriminal out there that’s targeting you, you want to make them work hard for the information,” said Lorne Maltenfort of Wells Fargo.
“We’re at the very beginning of this transformation, this evolution,” said Dayna Kleinman, managing director at Sagard.
The current rules that govern day trading in customer margin accounts were adopted nearly a quarter of a century ago, FINRA said.
