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  • News
  • August 2, 2023

Bitcoin rally could endure if US manages a soft landing

But further tightening by the Fed could put a swift end to the crypto rally.

  • News
  • August 1, 2023

Fitch downgrades US credit rating

In cutting its rating on US sovereign debt to AA from AAA, Fitch cited 'repeated debt limit standoffs and last-minute resolutions.'

  • News
  • August 1, 2023

Proposed wealth tax ‘sounds lovely’ but ‘doesn’t make any sense’

Financial advisors say a bill recently introduced in Congress sounds good but would be difficult to administer.

  • News
  • August 1, 2023

State Street cuts fees on $78bn of ETFs in its core line

The firm reduced fees by as much as half on its low-cost Portfolio ETFs, which are for buy-and-hold investors.

  • News
  • August 1, 2023

Another summer rebrand: CI Private Wealth is now Corient

'It's a weird little portmanteau,' one marketing executive said.

  • News
  • August 1, 2023

Goldman Sachs analyst is missing after Brooklyn concert

John Castic disappeared around 3:00 a.m. Saturday.

  • News
  • August 1, 2023

Raymond James signs up Merrill advisor managing about $360 million in assets

Forbes-recognized advisor in Ponte Vedra, Florida, leaves bank for independent.

  • News
  • August 1, 2023

Goldman wealth exec exits abruptly

Lisa Opoku, a Goldman partner, had been running the firm's family office for its top brass since last year.

  • News
  • August 1, 2023

Why are advisors overlooking Peak 65 women’s retirement needs?

'Advisors better wake up' — study reveals 61- to 65-year-old women are more likely to buy an annuity than men of the same age.

  • News
  • August 1, 2023

401(k) balances highlight major wealth gap, GAO says

State auto-IRAs and provisions of the Secure 2.0 Act could help, but there are numerous factors underlying wealth inequality.