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.

LinkedIn | Email

Leo Almazora
Displaying 3266 results
Fed unveils November rate decision
RIA NEWS NOV 07, 2024
Fed unveils November rate decision

Policymakers at the Federal Reserve opted to lower the benchmark rate by a quarter of a percent.

Fifth Third Wealth Advisors expands with $2B advisor team
RIA NEWS NOV 07, 2024
Fifth Third Wealth Advisors expands with $2B advisor team

The bank-supported independent RIA is widening its reach with a Merrill Lynch alum and a new office in North Carolina.

Wealth Enhancement Group snaps up $536M M&R Capital Management
RIA NEWS NOV 07, 2024
Wealth Enhancement Group snaps up $536M M&R Capital Management

The RIA aggregator's latest deal gives it a sixth New Jersey location while pushing its assets managed to $96.6 billion.

Millennials more likely to seek stock gains through index funds
EQUITIES NOV 06, 2024
Millennials more likely to seek stock gains through index funds

Research suggests Gen Y investors' embrace of index investing could create an entry point for advisors looking to work with the next generation.

US ETFs raked in $123B in October
ETFS NOV 06, 2024
US ETFs raked in $123B in October

New reports show robust inflows into equity strategies, a spike in China ETFs interest, and a new record in active bond strategies.

Raymond James strengthens Eastern US network with Edward Jones advisors
INDEPENDENT BROKER DEALERS NOV 06, 2024
Raymond James strengthens Eastern US network with Edward Jones advisors

The broker-dealer giant's latest additions in Florida, North Carolina and Georgia are starting anew at RayJay's independent advisor channel.

NASAA eyes restrictions for "advisor" title use
REGULATION, LEGAL & COMPLIANCE NOV 06, 2024
NASAA eyes restrictions for "advisor" title use

The regulatory coalition is proposing revisions to its model rule governing broker-dealers, which would include aligning it with Reg BI principles.

RIA M&A hits all-time high in October Surprise
RIA NEWS NOV 06, 2024
RIA M&A hits all-time high in October Surprise

Devoe's latest tracking of deal activity for the month shows 39 record-breaking transactions, including four-fifths that featured private equity.

Interactive Brokers election bettors give Trump the edge
RIA NEWS NOV 05, 2024
Interactive Brokers election bettors give Trump the edge

For what it's worth, snapshot of contracts taken on polling day gives the former president a roughly six-to-four advantage over Vice President Kamala Harris.

Finra fines Michigan BD over GPB supervision failures
ALTERNATIVES NOV 05, 2024
Finra fines Michigan BD over GPB supervision failures

Investigation finds the firm's reps recommended high-risk limited partnerships to six clients, including five seniors, contrary to its policies.