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Canadian banks facing tougher capital requirements
NEWS INDUSTRY NEWS SEP 07, 2023
Canadian banks facing tougher capital requirements

Some of the country's largest lenders may need to sell equity.

By Bloomberg
Global hunt begins for $166B pension fund leader
NEWS INDUSTRY NEWS SEP 07, 2023
Global hunt begins for $166B pension fund leader

Wall Street executives among the targets in recruitment search.

By Bloomberg
Yen slide set to continue warns analyst
NEWS INDUSTRY NEWS SEP 07, 2023
Yen slide set to continue warns analyst

Japan's currency reflects limited options for central bank.

By Bloomberg Gadfly
Lincoln team managing $800M moves to LPL Financial
NEWS BROKER DEALERS SEP 06, 2023
Lincoln team managing $800M moves to LPL Financial

Arizona-based Validus Financial Associates is led by Ryan Kidd and Aaron Montez.

By Josh Welsh
Commonwealth expands Talent Exchange Initiative
NEWS PRACTICE MANAGEMENT SEP 06, 2023
Commonwealth expands Talent Exchange Initiative

The firm aims to connect its advisors with a new generation of talent.

By Lauren Johnson
SEC provides road map for investment advisory firm examinations
NEWS RIAS SEP 06, 2023
SEC provides road map for investment advisory firm examinations

'I can’t recall when they’ve been so explicit about what they do and why they choose a firm for examination,' a compliance expert says.

By Mark Schoeff Jr.
Creative Planning paves multilane road for old United Capital advisors
NEWS RIAS SEP 06, 2023
Creative Planning paves multilane road for old United Capital advisors

'We’ll wind up with two completely separate RIAs,' says Creative Planning CEO Peter Mallouk.

By Bruce Kelly
Nominations for Hot List end this week
NEWS INDUSTRY NEWS SEP 06, 2023
Nominations for Hot List end this week

Submissions for InvestmentNews’ inaugural hottest showcase close this Friday.

By InvestmentNews
Wall Street fights over tab for audit-trail system
NEWS REGULATION AND LEGISLATION SEP 06, 2023
Wall Street fights over tab for audit-trail system

The cost of the new system was estimated at $500 million at the end of last year.

By Bloomberg
RIA team running 401K to promote 401(k) plans
NEWS RETIREMENT PLANNING SEP 06, 2023
RIA team running 401K to promote 401(k) plans

Chuck Smith and his team at Qualified Plan Advisors will be running 401K, or 250 miles, in honor of National 401(k) Day Friday.

By Gregg Greenberg
Implications of the SEC rulemaking agenda
NEWS OPINION SEP 06, 2023
Implications of the SEC rulemaking agenda

The more than a dozen major new rules the agency has proposed or finalized will create significant disruption for investment advisors, with substantial long-term implications.

By Karen Barr
Wealth management firms need scale to help advisors thrive
NEWS OPINION SEP 06, 2023
Wealth management firms need scale to help advisors thrive

Scale offers the solutions, capital and expertise entrepreneurial financial advisors need to serve their clients with distinction and build strong businesses.

By Greg Cornick
Three wealth firms complete M&A to boost assets by more than $16B
NEWS RIAS SEP 06, 2023
Three wealth firms complete M&A to boost assets by more than $16B

Hundreds of advisors are now with new firms following the transactions.

By Steve Randall
Raymond James adds $317M wealth advisory team
NEWS BROKER DEALERS SEP 06, 2023
Raymond James adds $317M wealth advisory team

The three financial advisors and four associates join the firm from Avantax.

By Steve Randall
Men dominate most lucrative college degrees, Bankrate study reveals
NEWS INDUSTRY NEWS SEP 06, 2023
Men dominate most lucrative college degrees, Bankrate study reveals

Despite efforts to improve gender equality, women are less likely to hold highest earning degrees.

By Steve Randall
Dollar remains strong but euro gains amid rate hike signal
NEWS INDUSTRY NEWS SEP 06, 2023
Dollar remains strong but euro gains amid rate hike signal

Oil prices are also elevated as producers extend output cuts.

By Bloomberg
Why Morgan Stanley has resumed bearish view on EMs
NEWS INDUSTRY NEWS SEP 06, 2023
Why Morgan Stanley has resumed bearish view on EMs

Wall Street stalwart points to China growth risks.

By Bloomberg
Climate goals need $18T investment, but red tape is in the way
NEWS INDUSTRY NEWS SEP 06, 2023
Climate goals need $18T investment, but red tape is in the way

BCG says the speed of greener energy must speed up.

By Bloomberg
Who are the powerbrokers controlling $3T of global wealth?
NEWS INDUSTRY NEWS SEP 06, 2023
Who are the powerbrokers controlling $3T of global wealth?

Middle East based investment funds are key players in global dealmaking.

By Bloomberg
Ex-DRW trader allegedly stole quant strategy code
NEWS INDUSTRY NEWS SEP 06, 2023
Ex-DRW trader allegedly stole quant strategy code

Lawsuit accuses the trader and analyst of copying proprietary software code.

By Bloomberg