Industry News

Displaying 35444 results
Wealthspire Advisors appoints industry veterans to bolster C-suite
NEWS RIAS JUN 26, 2024
Wealthspire Advisors appoints industry veterans to bolster C-suite

The independent RIA unveils leadership additions, including its first-ever chief technology officer, in a redoubled commitment to attract top talent.

By Leo Almazora
Colorado bars advisor over high-risk options trades
NEWS ALTERNATIVES JUN 26, 2024
Colorado bars advisor over high-risk options trades

"Buying options is fraught with risk for financial advisors," one attorney noted.

By Bruce Kelly
Ex-Sanctuary CEO Jim Dickson launches new firm for growth-focused RIAs
NEWS RIAS JUN 26, 2024
Ex-Sanctuary CEO Jim Dickson launches new firm for growth-focused RIAs

The venture co-founded with Mark Penske, which will take strategic stakes in independent partner firms, is starting strong with a deal to snap up a $3.4B OCIO.

By Leo Almazora
Americans more comfortable investing, want to meet their advisor more often
NEWS INDUSTRY NEWS JUN 26, 2024
Americans more comfortable investing, want to meet their advisor more often

Allianz Life survey also finds less anxiety about the economy than a year ago.

By Steve Randall
A port strike is the last thing the US economy needs
NEWS INDUSTRY NEWS JUN 26, 2024
A port strike is the last thing the US economy needs

Supply chain issues are already a risk, industries want to avoid more.

By Bloomberg
Election supercycle is making ESG investors nervous
NEWS INDUSTRY NEWS JUN 26, 2024
Election supercycle is making ESG investors nervous

With multiple elections globally, anti-green backlash is in focus.

By Bloomberg
Nomura trading and investment head gets $12M paycheck
NEWS INDUSTRY NEWS JUN 26, 2024
Nomura trading and investment head gets $12M paycheck

It's the biggest ever for Japan’s biggest brokerage.

By Bloomberg
Finra bars two ex-Raymond James advisors who sold unapproved products
NEWS BROKER DEALERS JUN 25, 2024
Finra bars two ex-Raymond James advisors who sold unapproved products

Firms must take reasonable steps to avoid financial advisors' selling away, one compliance expert noted.

By Bruce Kelly
Nvidia's investment case will last for years, says "Big Short" portfolio manager
NEWS INDUSTRY NEWS JUN 25, 2024
Nvidia's investment case will last for years, says "Big Short" portfolio manager

The $430B slide in the vaunted AI stock hasn't scratched the long-term story, according to Steve Eisman.

By Bloomberg
Certuity taps industry veteran Scott Welch as new CIO
NEWS RIAS JUN 25, 2024
Certuity taps industry veteran Scott Welch as new CIO

As CIO, Welch brings more than 25 years of experience, including time at WisdomTree and Dynasty Financial Partners.

By Leo Almazora
Whatever happened to all those Fed rate cuts Wall Street promised?
NEWS INDUSTRY NEWS JUN 25, 2024
Whatever happened to all those Fed rate cuts Wall Street promised?

A Loomis Sayles fixed income strategist explains what happened and offers guidance on what investors can expect in the second half of 2024.

By Gregg Greenberg
NewEdge Wealth welcomes investing leader Brian Nick
NEWS INDUSTRY NEWS JUN 25, 2024
NewEdge Wealth welcomes investing leader Brian Nick

The ultra-high-net-worth RIA’s latest hire comes with experience from TIAA/Nuveen, UBS, Barclays, and the Federal Reserve Bank of New York.

By Leo Almazora
Still upside risks left to inflation, says Fed's Bowman
NEWS INDUSTRY NEWS JUN 25, 2024
Still upside risks left to inflation, says Fed's Bowman

Pinpointing several hotspots, the Federal Reserve governor is standing pat on projecting no rate cuts this year.

By Bloomberg
Meet the fastest-growing financial firms
NEWS INDUSTRY NEWS JUN 25, 2024
Meet the fastest-growing financial firms

Who made it to America’s list of fast-growing employers? Find out in this report.

By InvestmentNews
Cyberattacks on the rise with financial sector a top target, report reveals
NEWS INDUSTRY NEWS JUN 25, 2024
Cyberattacks on the rise with financial sector a top target, report reveals

Blackberry cybersecurity solutions team says attacks include novel methods.

By Steve Randall
Nvidia, Bitcoin just reminded investors of a market fundamental
NEWS INDUSTRY NEWS JUN 25, 2024
Nvidia, Bitcoin just reminded investors of a market fundamental

What goes up can go down, whatever the investment.

By Bloomberg
Credit may be a better bet than Treasuries, says Deutsche
NEWS INDUSTRY NEWS JUN 25, 2024
Credit may be a better bet than Treasuries, says Deutsche

Bank's CIO says US spending is likely to increase.

By Bloomberg
Ozempic's Novo to invest $4.1B in another US factory
NEWS INDUSTRY NEWS JUN 25, 2024
Ozempic's Novo to invest $4.1B in another US factory

Drugmaker wants to bring down cost in its biggest market.

By Bloomberg
New York's congestion costs the city $9B in lost time
NEWS INDUSTRY NEWS JUN 25, 2024
New York's congestion costs the city $9B in lost time

Chicago, LA, and Boston also make the global list.

By Bloomberg
Stock rally loses steam as AI darling Nvidia enters correction territory
NEWS INDUSTRY NEWS JUN 24, 2024
Stock rally loses steam as AI darling Nvidia enters correction territory

After a Cinderella run to become the most-expensive S&P 500 stock, the chipmaking colossus plunged nearly $400B.

By Bloomberg