Industry News

Displaying 35350 results
Just 30% of people are very confident in managing their finances right now
NEWS INDUSTRY NEWS FEB 11, 2025
Just 30% of people are very confident in managing their finances right now

And there's a large gap between the fears they have and the action they take.

By Steve Randall
Stocks waver on tariff concerns, gold hits new record high
NEWS INDUSTRY NEWS FEB 11, 2025
Stocks waver on tariff concerns, gold hits new record high

Cautious investors are also awaiting US inflation stats.

By Bloomberg
Will Asian economies give in to Trump demands?
NEWS INDUSTRY NEWS FEB 11, 2025
Will Asian economies give in to Trump demands?

Threat of tariffs may leave some countries with no choice.

By Bloomberg
Musk wants to buy OpenAI, here's how Altman responded
NEWS INDUSTRY NEWS FEB 11, 2025
Musk wants to buy OpenAI, here's how Altman responded

AI firm's leader has made a cheeky counter-offer in response to $97B bid.

By Bloomberg
Moelis gets $25M bonus to stay at eponymous Wall Street bank
NEWS INDUSTRY NEWS FEB 11, 2025
Moelis gets $25M bonus to stay at eponymous Wall Street bank

The deal is designed to keep leader in place for at least four years.

By Bloomberg
The fight over the CFPB is just beginning
NEWS REGULATION AND LEGISLATION FEB 10, 2025
The fight over the CFPB is just beginning

Locked out of their offices and told to stay home, employees at the Consumer Financial Protection Bureau have asked the courts to intervene as Elon Musk and Republican leaders move to shut down the agency that was established to protect people from predatory lending and financial scams.

By Emile Hallez
Business-focused wealth tech RISR lands $8B Wealthcare Capital Management partnership
NEWS FINTECH FEB 10, 2025
Business-focused wealth tech RISR lands $8B Wealthcare Capital Management partnership

Fintech platform interVal has also introduced a new feature to help advisors support entrepreneurial business owner clients better.

By Leo Almazora
LPL boosts revenue potential with amped-up alts platform
NEWS ALTERNATIVES FEB 10, 2025
LPL boosts revenue potential with amped-up alts platform

Along with greater revenue, alternative investments also carry risks, one industry lawyer noted.

By Bruce Kelly
How SageSpring Wealth Partners' next-gen strategy has fueled its success
NEWS RIAS FEB 10, 2025
How SageSpring Wealth Partners' next-gen strategy has fueled its success

President Jeff Dobyns unpacks the strategic power of mentorship, what makes an "ideal team player," and how the firm's 89 percent success rate has paid off for veteran advisors.

By Leo Almazora
Powell heads for hot-seat hearings with ongoing pressure from Trump policies
NEWS INDUSTRY NEWS FEB 10, 2025
Powell heads for hot-seat hearings with ongoing pressure from Trump policies

The Fed chair is in for some "hyper-charged" meetings, with legislators likely to raise questions on tariff threats and apparent steps to comply with anti-DEI orders.

By Bloomberg
Revealed: The InvestmentNews Top Advisors for 2025
NEWS INDUSTRY NEWS FEB 10, 2025
Revealed: The InvestmentNews Top Advisors for 2025

Driven by long-term vision and a steadfast commitment to client service, the top-ranking advisors are reaching new heights of success.

By Leo Almazora
Trepidation at SEC as Trump workforce overhaul casts shadow on agency
NEWS REGULATION AND LEGISLATION FEB 10, 2025
Trepidation at SEC as Trump workforce overhaul casts shadow on agency

While the regulator's lawyers may be exempt, a federal effort to purge workers is causing uncertainty across its broader employee base.

By Leo Almazora
Prime Capital Financial, Carnegie expand Eastern footprints
NEWS RIAS FEB 10, 2025
Prime Capital Financial, Carnegie expand Eastern footprints

The two national RIA firms are bolstering their presence separately in Georgia and Connecticut with new billion-dollar acquisitions.

By Leo Almazora
Embattled TD Bank eyes $14B raise in Schwab stake exit
NEWS BROKER DEALERS FEB 10, 2025
Embattled TD Bank eyes $14B raise in Schwab stake exit

The banking giant is looking to sell its interest in the online brokerage giant amid the continuing fallout of its historic money-laundering settlement with federal regulators.

By Bloomberg
Next-gen woman advisor managing $200M switches from UBS to Sanctuary Wealth
NEWS RIAS FEB 10, 2025
Next-gen woman advisor managing $200M switches from UBS to Sanctuary Wealth

Advisor joins the Partnered Independence model for new firm launch.

By Steve Randall
How did US institutional investors navigate the choppy waters of Q4, 2024?
NEWS INDUSTRY NEWS FEB 10, 2025
How did US institutional investors navigate the choppy waters of Q4, 2024?

Median return for institutions managing a combined $1.4T revealed.

By Steve Randall
Trump set to hit foreign steel imports with 25% tariffs
NEWS INDUSTRY NEWS FEB 10, 2025
Trump set to hit foreign steel imports with 25% tariffs

Canada, Mexico appear to be included despite pause on other levies.

By Bloomberg
Dollar gains on tariffs as trade fears intensify
NEWS INDUSTRY NEWS FEB 10, 2025
Dollar gains on tariffs as trade fears intensify

Strategists see potential inflation impact, more cautious Fed.

By Bloomberg
Bond market experts expect yields to continue higher
NEWS FIXED INCOME FEB 10, 2025
Bond market experts expect yields to continue higher

Uncertainty set to keep upward pressure on fixed income investments.

By Bloomberg
Immigration curbs may restrict US growth, says Goldman Sachs
NEWS INDUSTRY NEWS FEB 10, 2025
Immigration curbs may restrict US growth, says Goldman Sachs

Economists estimate GDP could lose 30-40 basis points.

By Bloomberg