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'Bogged down' advisors just want to have fun (again)
NEWS RIAS FEB 14, 2025
'Bogged down' advisors just want to have fun (again)

Jim Cahn, of Wealth Enhancement Group, lifts the lid on his firm's partnership model, his views on RIA M&A, and the widely slept-on reason why advisors are merging into larger organizations.

Vestwell unveils new emergency savings account offering
NEWS RETIREMENT PLANNING FEB 14, 2025
Vestwell unveils new emergency savings account offering

The fintech firm is cementing its status in the workplace savings space with its latest ESA offering, which employers can integrate into their existing benefits package.

'Money Mimosas' and other ways to show your Valentine financial love
NEWS PRACTICE MANAGEMENT FEB 14, 2025
'Money Mimosas' and other ways to show your Valentine financial love

Wealth managers offer unique ideas for couples to grow closer emotionally and financially.

Limra research finds financial confidence on the rise among Black American workers
NEWS RETIREMENT PLANNING FEB 14, 2025
Limra research finds financial confidence on the rise among Black American workers

Survey findings suggest increased sense of financial security and more optimistic 2025 outlook, while highlighting employers' role in ensuring retirement readiness.

DOGE efforts sideswipe muni bonds backed by federal lease payments
NEWS FIXED INCOME FEB 14, 2025
DOGE efforts sideswipe muni bonds backed by federal lease payments

Falling prices for some securities within the $4 trillion state and local government debt market spotlight how the push to shrink spending is sending shockwaves across the US.

Despite high marks on satisfaction, client acquisition a struggle for advisors
NEWS PRACTICE MANAGEMENT FEB 14, 2025
Despite high marks on satisfaction, client acquisition a struggle for advisors

With a majority find getting new clients a challenge, report suggests fee transparency as a way to foster trust among the unadvised.

DOGE's cost-cutting team has come knocking at the IRS
NEWS TAX FEB 14, 2025
DOGE's cost-cutting team has come knocking at the IRS

A member of Elon Musk's extra-governmental efficiency cadre has reportedly made enquiries, raising concerns among staff at the federal tax agency.

KKR drums up more than $850M for real estate credit fund
NEWS ALTERNATIVES FEB 14, 2025
KKR drums up more than $850M for real estate credit fund

The titanic alternative asset manager sees potential for deals offering a compelling measure of safety.

Number of CFP professionals reaches fresh worldwide record
NEWS PRACTICE MANAGEMENT FEB 14, 2025
Number of CFP professionals reaches fresh worldwide record

The global body overseeing the CFP mark hails milestone year, with the US accounting for most of the 230,000 plus planners now holding the designation.

Ackermann promoted at Integrated Partners, Robertson Stephens strengthens board
NEWS INDUSTRY NEWS FEB 14, 2025
Ackermann promoted at Integrated Partners, Robertson Stephens strengthens board

Some of this week's hires across the wealth and investment industry

Emergency savings dynamic shifts to positive for first time in three years
NEWS INDUSTRY NEWS FEB 14, 2025
Emergency savings dynamic shifts to positive for first time in three years

More Americans have added to their savings than depleted them.

Muted week for stocks, bonds amid data, trade, conflicts
NEWS INDUSTRY NEWS FEB 14, 2025
Muted week for stocks, bonds amid data, trade, conflicts

Some big headlines have made many investors cautious this week.

Dollar bets disrupted by Trump trade speculation
NEWS INDUSTRY NEWS FEB 14, 2025
Dollar bets disrupted by Trump trade speculation

Traders see tariffs mostly as a bargaining tool.

Treasuries set for challenges as tariffs reality nears
NEWS INDUSTRY NEWS FEB 14, 2025
Treasuries set for challenges as tariffs reality nears

Yields could rise to 4.80% for the 10-year benchmark, survey suggests.

Why $300M sustainable investor no longer refers to climate change
NEWS INDUSTRY NEWS FEB 14, 2025
Why $300M sustainable investor no longer refers to climate change

Pushback against green investments has shifted the narrative.

Morningstar forges fintech partnership with SS&C
NEWS FINTECH FEB 13, 2025
Morningstar forges fintech partnership with SS&C

The alliance will give Black Diamond users the first chance to use a newly launched advisory suite as Morningstar shutters a legacy advisor platform.

Passive pressures will drive continued mutual fund consolidation into 2030, PWC says
NEWS ETFS FEB 13, 2025
Passive pressures will drive continued mutual fund consolidation into 2030, PWC says

A continuing shift to low fees, growing dominance of mega-managers, and the clamor for product innovation are set to reshape the landscape.

Amid festering trade tensions, Grantham's GMO launches China-dodging ETF
NEWS EQUITIES FEB 13, 2025
Amid festering trade tensions, Grantham's GMO launches China-dodging ETF

Notwithstanding a recent tech-driven rebound in Chinese markets, five- and 10-year lookbacks suggest dropping the emerging-market giant is still the winning strategy.

Finra sanctions smoothie-throwing broker over alleged cash reporting failures
NEWS BROKER DEALERS FEB 13, 2025
Finra sanctions smoothie-throwing broker over alleged cash reporting failures

But the Finra panel's decision against James Iannazzo was not unanimous.

Student debt has a chilling effect on employees' retirement planning
NEWS RETIREMENT PLANNING FEB 13, 2025
Student debt has a chilling effect on employees' retirement planning

A new study highlights how debt-saddled public and private workers are forced to focus on shorter-term investments and immediate financial concerns.