With Robinhood building a prediction hub and Schwab signaling caution, wealth firms are confronting potentially blurred lines between investment tools and pure speculation.
Meanwhile, Wealth Enhancement expands its Dallas footprint with a $268 million RIA, and Integrated Partners launches a virtual family office practice targeting ultra-high-net-worth clients.
Record trading activity and rising client assets drove the brokerage giant's strongest revenue quarter on record.
The oversubscribed round drew backing from new investors including Dynasty Financial Partners, as well as continued support from Schwab and Google's venture arm.
From trailblazing teams to innovative firms and outstanding individuals, discover who'll be vying for the ultimate recognition at the third annual InvestmentNews Awards gala happening in June.
The emerging markets evangelist spent more than three decades at Franklin Templeton building a case for investing in the developing world – and a track record that largely backed it up.
Meanwhile, advisor AI platform Jump is expanding its partnership with an LPL OSJ, and TIFIN is entering the agentic AI arena.
Bernstein sees prediction market trading volume hitting $1 trillion by 2030, but an ongoing legal fight over sports event contracts could test that outlook.
With Powell's chairmanship expiring May 15 and his nominated replacement facing a Senate confirmation snag, Trump is ramping up pressure on the Fed chief to exit the central bank entirely.
His divulged net worth easily eclipses current Chair Jerome Powell's, though holdings in venture capital, private funds, and crypto make the exact number hard to pin down.
