Leo Almazora

Leo Almazora is the resident US news writer at InvestmentNews, a role he has held since February 2024. He covers a broad range of topics central to the financial advisory industry, including broker-dealer news, registered investment advisor (RIA) activity, advisor recruitment and moves, retirement planning, elder fraud, and wealth technology across the United States. Leo brings nearly a decade of financial journalism experience to his reporting, having developed deep expertise in equities, fixed income, mutual funds, exchange-traded funds (ETFs), alternative investments, and wealthtech through extensive conversations with portfolio managers, financial advisors, and industry executives.

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Leo Almazora
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Wealthspire's Ground Control targets UK golf market with Arena Wealth deal
RIA NEWS JUN 02, 2026
Wealthspire's Ground Control targets UK golf market with Arena Wealth deal

The deal marks Ground Control's second UK transaction in under two years as US wealth platforms race to stake out overseas territory.

Industry groups want tweaks to DOL's 401(k) fiduciary proposal
RETIREMENT PLANNING JUN 01, 2026
Industry groups want tweaks to DOL's 401(k) fiduciary proposal

IRI, SIFMA, and MFA are requesting targeted clarifications on how annuities and alternative assets fit under the Labor Department's proposed fiduciary safe harbor.

$77B MAI Capital acquires Dallas RIA to expand ultra-high-net-worth reach
RIA NEWS JUN 01, 2026
$77B MAI Capital acquires Dallas RIA to expand ultra-high-net-worth reach

The Cleveland-based wealth manager adds veteran-founded Service Academy Capital Management to Evoke, its UHNW division.

Powell warns political pressure on Fed will destroy public trust
FIXED INCOME JUN 01, 2026
Powell warns political pressure on Fed will destroy public trust

The former Fed chair, now a sitting governor, says politicizing the central bank risks eroding its credibility with the American people.

Berkshire Hathaway buys Taylor Morrison in $6.8 billion housing bet
EQUITIES JUN 01, 2026
Berkshire Hathaway buys Taylor Morrison in $6.8 billion housing bet

Greg Abel's first major deal signals that Berkshire's acquisition machine is back – and housing is the opening move.

Potomac launches SDBA solution to unlock 401(k) assets for advisors
RETIREMENT PLANNING JUN 01, 2026
Potomac launches SDBA solution to unlock 401(k) assets for advisors

The firm's new retirement plan offering gives financial advisors direct access to workplace plan assets via self-directed brokerage accounts.

Wellington-Altus CEO: RIA growth hinges on culture, not just capital
PRACTICE MANAGEMENT (GORIA) JUN 01, 2026
Wellington-Altus CEO: RIA growth hinges on culture, not just capital

Shaun Hauser says entrepreneurial advisors are moving for belonging – not compensation – and there's data to back him up.

 Zocks, Jump expand advisor reach with new enterprise integrations
FINTECH MAY 29, 2026
Zocks, Jump expand advisor reach with new enterprise integrations

Zocks has inked an exclusive partnership with mega-RIA Hightower, while Jump becomes the choice AI operating system for Equitable Advisors' field force.

SEC moves to scrap climate disclosure rules for public companies
REGULATION, LEGAL & COMPLIANCE MAY 29, 2026
SEC moves to scrap climate disclosure rules for public companies

The agency's proposal to rescind the contentious 2024 Biden-era mandate opens up a 60-day public comment period.

EverNest joins Focus after bitter split with Sanctuary Wealth
RIA NEWS MAY 29, 2026
EverNest joins Focus after bitter split with Sanctuary Wealth

The Carmel, Indiana RIA grew nearly 150% in assets since severing ties with its first backer following a FINRA dispute.