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LPL welcomes $250M team from Wells Fargo
BROKER DEALERS MAR 28, 2024
LPL welcomes $250M team from Wells Fargo

The Brick, New Jersey-based team includes a veteran advisor and two siblings.

By Leo Almazora
B. Riley gets extension to file audited financials
BROKER DEALERS MAR 28, 2024
B. Riley gets extension to file audited financials

The firm has been given until April 29 under its existing credit agreement with Nomura Holdings, it said in a filing.

By Bloomberg
AI is facilitating financial fraud, Treasury warns
REGULATION AND LEGISLATION MAR 28, 2024
AI is facilitating financial fraud, Treasury warns

Advances in artificial intelligence make it easier for criminals to impersonate customers and craft increasingly sophisticated email phishing attacks, according to a report.

By Bloomberg
US investors still willing to trade returns for impact despite declining interest
INDUSTRY NEWS MAR 28, 2024
US investors still willing to trade returns for impact despite declining interest

Impact investing is showing weakness in international markets too.

By Steve Randall
Altruist launches high-yield cash product for advisors
INDUSTRY NEWS MAR 28, 2024
Altruist launches high-yield cash product for advisors

The new product arrives as saving rates and returns are subdued.

By Steve Randall
New records for stocks as quarterly gain approaches
INDUSTRY NEWS MAR 28, 2024
New records for stocks as quarterly gain approaches

Global equities advance but markets await Fed inflation data.

By Bloomberg
No rush to cut rates, says hawkish Fed governor
INDUSTRY NEWS MAR 28, 2024
No rush to cut rates, says hawkish Fed governor

Christopher Waller says recent inflation data have been disappointing.

By Bloomberg
Blackstone CEO bullish on private credit
INDUSTRY NEWS MAR 28, 2024
Blackstone CEO bullish on private credit

Steve Schwarzman eyes healthcare, real estate for expansion.

By Bloomberg
UBS boss gets $16M but bonuses are cut for traders
WIREHOUSES MAR 28, 2024
UBS boss gets $16M but bonuses are cut for traders

Despite challenging conditions, the bank has posted a record profit.

By Bloomberg
Women and CPAs are in focus at RIA Choreo
RIAS MAR 27, 2024
Women and CPAs are in focus at RIA Choreo

"It's smart to align with a proven center of influence, CPAs," an industry consultant says.

By Bruce Kelly
AllianceBernstein 401(k) lawsuit booted
RETIREMENT PLANNING MAR 27, 2024
AllianceBernstein 401(k) lawsuit booted

A court dismissed the case, pointing to the facts that the company waived fees for its participants and didn't really benefit from the assets.

By Emile Hallez
Two-thirds of US savers are leaving interest on the table
INDUSTRY NEWS MAR 27, 2024
Two-thirds of US savers are leaving interest on the table

Despite the proliferation of high-yield savings accounts online, Bankrate survey reveals most Americans are earning less than 4%.

By Leo Almazora
Building wealth with nourishing advice
PRACTICE MANAGEMENT MAR 27, 2024
Building wealth with nourishing advice

‘The possibilities are endless’ if you marry a staple diet of good financial habits with a plan, says entrepreneurial advisor.

By Emily Douglas
The symphony of financial planning
INDUSTRY NEWS MAR 27, 2024
The symphony of financial planning

Pop musician turned advisor on transferring skills from the studio to keeping the ‘personal’ in finance.

By Emily Douglas
Avantax adds $250M married duo from Edward Jones
BROKER DEALERS MAR 27, 2024
Avantax adds $250M married duo from Edward Jones

The Lockhart, Texas-based advisor couple join the tax-focused wealth planning network with years of experience at a family-owned practice.

By Leo Almazora
All US states failing to provide adequate basic financial literacy education: NFEC
INDUSTRY NEWS MAR 27, 2024
All US states failing to provide adequate basic financial literacy education: NFEC

Analysis finds that financial education falls short of what's offered in other subjects.

By Steve Randall
Americans want employers to provide childcare benefits, the business case looks good
INDUSTRY NEWS MAR 27, 2024
Americans want employers to provide childcare benefits, the business case looks good

A new study reveals the potential strong return on investment for employers.

By Steve Randall
Crypto industry rattled by hack that stole $63M in tokens
INDUSTRY NEWS MAR 27, 2024
Crypto industry rattled by hack that stole $63M in tokens

It's one of the biggest security incidents of the year.

By Bloomberg
Robinhood diversifies from trading with credit card launch
INDUSTRY NEWS MAR 27, 2024
Robinhood diversifies from trading with credit card launch

The platform aims to become a broader financial services firm.

By Bloomberg
Vanguard beats BlackRock for best asset management brand
INDUSTRY NEWS MAR 26, 2024
Vanguard beats BlackRock for best asset management brand

Chuck Failla of Sovereign Financial Group suggests one asset management firm advisors might be missing out on.

By Josh Welsh