Steve Randall

Steve Randall is a senior financial journalist at InvestmentNews, covering equities, fixed income, retirement planning, regulatory enforcement, fintech, and alternative investments for financial advisors and wealth management professionals across the United States. He is the author of the Morning Briefing newsletter, which reaches thousands of financial professionals daily. Steve brings more than three decades of media experience across digital, print, radio, and podcasting to his reporting, and has covered the financial services industry since 2014. His work spans Securities and Exchange Commission (SEC) enforcement trends, Federal Reserve policy, RIA mergers and acquisitions, and the evolving role of artificial intelligence in wealth management.

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LPL Financial welcomes $650M Morgan Stanley advisor team for new business
INDEPENDENT BROKER DEALERS AUG 01, 2023
LPL Financial welcomes $650M Morgan Stanley advisor team for new business

The trio of advisors have launched their new firm, Pinnacle Private Wealth Advisors, in Bellevue, Washington.

Fraudsters prey on US veterans' lack of PACT Act benefit claims knowledge
RIA NEWS JUL 31, 2023
Fraudsters prey on US veterans' lack of PACT Act benefit claims knowledge

Veterans and their families are being targeted by criminals, according to an AARP report.

Kingswood US hires experienced industry duo to enhance in-house capabilities
PRACTICE MANAGEMENT JUL 31, 2023
Kingswood US hires experienced industry duo to enhance in-house capabilities

The expanded investment banking and capital markets team will focus on three key verticals.

Investors rank climate risk alongside financial disclosures, but there's a big problem
RIA NEWS JUL 28, 2023
Investors rank climate risk alongside financial disclosures, but there's a big problem

Institutional investors want better information from companies but are they able to provide it?

Leap of faith sours for church members as SEC charges man in alleged $35M Ponzi  
REGULATION, LEGAL & COMPLIANCE JUL 28, 2023
Leap of faith sours for church members as SEC charges man in alleged $35M Ponzi  

Many of the investors were elderly retirees who were members of the same church as the man charged.

Blockbuster investing: When to buy stocks related to movie brands
EQUITIES JUL 27, 2023
Blockbuster investing: When to buy stocks related to movie brands

With 'Barbie' packing theatres, investors may have already missed their chance to maximize returns from product manufacturer's shares.

Oppenheimer hires capital-raising veteran to focus on fintech investing
RIA NEWS JUL 27, 2023
Oppenheimer hires capital-raising veteran to focus on fintech investing

The firm has appointed a head of financial technology investment banking to lead investment and financial advisory for the growing industry.

Fed set to hike rates to 22-year high today, experts give their views
REGULATION, LEGAL & COMPLIANCE JUL 26, 2023
Fed set to hike rates to 22-year high today, experts give their views

The Federal Reserve will make the announcement at 2 p.m. ET and markets are expecting another increase.

Osaic gains $250M advisor team, its first since rebrand from Advisor Group
INDEPENDENT BROKER DEALERS JUL 26, 2023
Osaic gains $250M advisor team, its first since rebrand from Advisor Group

The firm has welcomed a team from Walnut Creek, California, that was previously with Cetera Advisors.

Savvy launches fully integrated AI platform for advisors
FINTECH JUL 25, 2023
Savvy launches fully integrated AI platform for advisors

The platform automates processes such as new account onboarding, portfolio recommendations, and personalized financial planning.