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
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Fresh off HPS acquisition, BlackRock inks deal for $7.3B ElmTree Funds
ALTERNATIVES JUL 07, 2025
Fresh off HPS acquisition, BlackRock inks deal for $7.3B ElmTree Funds

The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 trillion net lease market.

SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees
REGULATION AND LEGISLATION JUL 07, 2025
SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees

Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.

Apella Wealth comes to Washington with Independence Wealth Advisors
RIA NEWS JUL 03, 2025
Apella Wealth comes to Washington with Independence Wealth Advisors

The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.

RIA wrap: Fidelis, Endeavor add BofA and Northern Trust alums as partners
RIA NEWS JUL 03, 2025
RIA wrap: Fidelis, Endeavor add BofA and Northern Trust alums as partners

Florida-based RIA Rossby Financial is also bolstering its appeal for tech-focused advisors with a new integration partnership.

Advisors turn to derivative income ETFs as allocations grow across channels
ALTERNATIVES JUL 03, 2025
Advisors turn to derivative income ETFs as allocations grow across channels

Cerulli research reveals adoption among broker-dealers and wirehouses as investors seek inflation-beating returns.

Fed case for lower rates still murky as job market comes in strong in June
EQUITIES JUL 03, 2025
Fed case for lower rates still murky as job market comes in strong in June

The latest federal data release showed nonfarm payrolls increasing by 147,000, edging down but still in line with previous readings, while adjusting April and May figures upward.

Raymond James hauls Ameriprise advisors managing $1.1B in New York
INDEPENDENT BROKER DEALERS JUL 02, 2025
Raymond James hauls Ameriprise advisors managing $1.1B in New York

Elsewhere, Sanctuary Wealth recently attracted a $225 million team from Edward Jones in Colorado.

Cetera debuts new alts allocation portfolios for accredited investors
ALTERNATIVES JUL 02, 2025
Cetera debuts new alts allocation portfolios for accredited investors

The giant hybrid RIA is elevating its appeal to advisors with a curated suite of alternative investment models, offering exposure to private equity, private credit, and real estate.

Steward Partners expands in California with $1.1 billion RIA acquisition
RIA NEWS JUL 02, 2025
Steward Partners expands in California with $1.1 billion RIA acquisition

The $40 billion RIA firm's latest West Coast deal brings a veteran with over 25 years of experience to its legacy division for succession-focused advisors.

DeVoe & Company taps ex-Dynasty exec as new president
RIA NEWS JUL 02, 2025
DeVoe & Company taps ex-Dynasty exec as new president

Gordon Ross is stepping into the firm's leadership as deal momentum hits fever pitch in the RIA space.