Leo Almazora

Leo Almazora has been the resident US News Writer for InvestmentNews since February 2024. 

An experienced journalist, he honed his understanding of stocks, bonds, mutual funds, ETFs, alternative investments, and wealth technology over seven years of conversations with portfolio managers, advisors and other industry experts and insiders over the course of nearly a decade. 

In his spare time, he enjoys running (he's run a full mary once, and is hoping to make it twice), singing, biking, listening to audiobooks, or doing some combination thereof.

Email him at [email protected].

Leo Almazora
Displaying 1932 results
Barred broker faces 12-year sentence for defrauding Gold Star families
NEWS REGULATION AND LEGISLATION AUG 22, 2024
Barred broker faces 12-year sentence for defrauding Gold Star families

The ex-financial counselor for the US Army has been ordered to pay $1.4M for orchestrating a multimillion-dollar churning scheme.

Morgan Stanley’s Bloomer confirmed dead in superyacht tragedy
NEWS INDUSTRY NEWS AUG 22, 2024
Morgan Stanley’s Bloomer confirmed dead in superyacht tragedy

Authorities are continuing their efforts to investigate the disaster that took the life of the 70-year-old veteran leader.

Annuities post $109B sales record in Q2 as deferred annuities surge
RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 22, 2024
Annuities post $109B sales record in Q2 as deferred annuities surge

Indexed and structured products logged robust double-digit growth as fixed-rate annuities face challenges from declining rates, says new report.

SEC commissioner pans regulator’s latest pay-to-play order
NEWS REGULATION AND LEGISLATION AUG 22, 2024
SEC commissioner pans regulator’s latest pay-to-play order

The regulator’s “inquisition” against campaign contributions could have a chilling effect on political participation, the dissenting official warned.

RBC Wealth Management expands in Ohio with $693M team from Morgan Stanley
NEWS ADVISOR MOVES AUG 22, 2024
RBC Wealth Management expands in Ohio with $693M team from Morgan Stanley

The wealth firm’s newest branch in Cincinnati is operated by a multi-generational team that includes a 29-year veteran advisor.

Raymond James continues RJA recruitment streak with Morgan Stanley tandem
NEWS ADVISOR MOVES AUG 22, 2024
Raymond James continues RJA recruitment streak with Morgan Stanley tandem

The two advisors who reportedly managed over $360M extend the broker-dealer giant’s reach in Florida and Colorado.

AlphaTrAI advances wealth tech ambitions with Anchor acquisition
YOUR PRACTICE FINTECH AUG 22, 2024
AlphaTrAI advances wealth tech ambitions with Anchor acquisition

The deal blends the fintech provider’s AI sophistication with an established presence in the asset and wealth management industries.

Cardea reboots to Fourcore with backing from Nobel dynasty members
INVESTING ALTERNATIVES AUG 21, 2024
Cardea reboots to Fourcore with backing from Nobel dynasty members

The firm has secured a $25M funding commitment to support its push to build a unique next-gen approach to asset management.

SEC charges Florida firm with fiduciary breaches linked to private funds
NEWS INDUSTRY NEWS AUG 21, 2024
SEC charges Florida firm with fiduciary breaches linked to private funds

The regulator has ordered a $145K penalty against the investment adviser and its principal who “operated a fraud” on investors in funds they managed.

Diversify maintains growth pace with double deal in Western US
NEWS INDUSTRY NEWS AUG 21, 2024
Diversify maintains growth pace with double deal in Western US

The rapidly growing independent has added $440M to its network with eight new advisors, including a 20-year veteran and a JPMorgan alum.