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Industry News

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Topic

UBS has wasted no time in offering AT1 bonds

The bank announced its plans Tuesday and is already offering the notes.

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Edward Jones paying for advisors’ high-level credentials

Change is afoot at the brokerage firm, which reportedly is reimbursing its advisors for the cost of certifications offered by the Investments & Wealth Institute.

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UBS plans up to $1B in buybacks this year

The wirehouse posted its second straight quarterly loss, with pretax profit at the wealth management unit well below estimates.

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Macquarie hires new head of wealth distribution amid brand consolidation

The asset manager is bringing all of its US wealth investment brands under one name.

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Former Goldman Sachs senior leader takes new role at TPG

The asset manager sees significant opportunity in infrastructure and real assets.

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Another central bank holds rates but warns hikes still possible

It's a further blow to expectations of a swift reduction in global interest rates.

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Osaic CEO says ‘day of reckoning’ coming for RIA market

"Will there be more RIAs for sale than there are buyers at the trough?" Jamie Price asks.

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BofA cuts CEO pay following 2023 profit decline

Bank reduces Brian Moynihan’s total compensation after its shares performed the worst among its biggest rivals.

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Advisor nominated for award says it ‘felt like being a winner’

Nominations for the inaugural InvestmentNews Awards are open. Nominate someone today!

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Financial planning softwares and CRM platforms in the spotlight

InvestmentNews invites readers to participate in the search for the best financial planning softwares and CRM platforms.

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Firm’s growth based on trust and accountability

Veteran advisor says the challenge has remained the same – can you offer a client something better?

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Using authentic content to attract like-minded clients

Why content is king for wealth management firm.

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LPL Financial continues to steam along in recruiting

After some weakness in January, LPL expects recruiting to pick up this month and next.

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Mariner Wealth Advisors adds $104B AUA with double acquisition

The firm is creating a new institutional business unit.

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Will 2024 be a milestone year for hedge fund use of AI?

If the industry can overcome some major hurdles, it could be.

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Global credit spreads increase on banks’ exposure to bad loans

Corporate and investment-grade financial bonds have seen large increases.

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‘Ask good questions, be quiet, and listen’

Specific life goals are the key for clients, says financial planner.

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Survey finds CFPs are in the money

'You get all these altruistic benefits and the financial benefits,' says CFP Board chair Matthew Boersen.

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Fed provides rate-cuts reality check for Wall Street

Is March now off the table for the US central bank?

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European markets react to Fed’s rates narrative

Earnings were also in focus as Thursday's trading commenced.