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Gen X is turning 60. Retirement is a worry
RETIREMENT PLANNING MAR 07, 2025
Gen X is turning 60. Retirement is a worry

New data add to piles of surveys showing people don't feel financially prepared for retirement. While retirees often adjust to live within their means, long-term care is a looming problem.

By Emile Hallez
Advisors continue to shine as 'emotional circuit breakers,' Vanguard says
PRACTICE MANAGEMENT MAR 07, 2025
Advisors continue to shine as 'emotional circuit breakers,' Vanguard says

Latest annual report reaffirms additional net returns from behavioral coaching, especially during historic periods of heightened market volatility.

By Leo Almazora
Still no need for rate-move haste, Fed's Powell says
INDUSTRY NEWS MAR 07, 2025
Still no need for rate-move haste, Fed's Powell says

While acknowledging recent reads on inflation expectations and policy uncertainty, the central bank chair is insisting there's room to "wait for grater clarity."

By Bloomberg
Finra moves to bar ex-Wells Fargo employee charged with identity theft
WIREHOUSES MAR 07, 2025
Finra moves to bar ex-Wells Fargo employee charged with identity theft

Calvin Gray repeatedly impersonated victims who were customers of a number of other banks and financial institutions, according to a federal indictment.

By Bruce Kelly
SEC fines NY investment advisor firm, former officers over $500k for fiduciary failures
INDUSTRY NEWS MAR 07, 2025
SEC fines NY investment advisor firm, former officers over $500k for fiduciary failures

The regulator says ex-managing partner should have seen red flags of COO's $223,000 in misappropriations, including 100 debit card transactions to pay for personal expenses.

By Leo Almazora
Blackstone sees bright spot in commercial real estate debt with record $8B fund raise
ALTERNATIVES MAR 07, 2025
Blackstone sees bright spot in commercial real estate debt with record $8B fund raise

The titanic alternative assets giant's latest move will help bridge a gap between lenders and still-challenged property owners, says debt strategies head.

By Leo Almazora
Steady hiring with higher joblessness exposes softening labor market
INDUSTRY NEWS MAR 07, 2025
Steady hiring with higher joblessness exposes softening labor market

The latest February job print offers a first look at the impact of President Donald Trump's second term, and the administration's efforts to shrink the federal government.

By Bloomberg
AlTi expands into Germany with Kontora Family Office deal
RIAS MAR 07, 2025
AlTi expands into Germany with Kontora Family Office deal

The wealth giant overseeing $77 billion in total assets has secured itself a foothold in the world's third-largest ultra-high-net-worth market.

By Leo Almazora
Trump blames jealous globalists, not tariffs, for sharp stock market slump
INDUSTRY NEWS MAR 07, 2025
Trump blames jealous globalists, not tariffs, for sharp stock market slump

Nasdaq correction, slumps for S&P 500 and Dow Jones.

By Steve Randall
Working with wealthy women: tips from some of the industry's female trailblazers
INDUSTRY NEWS MAR 07, 2025
Working with wealthy women: tips from some of the industry's female trailblazers

As more women control greater wealth, their importance to the industry is clear.

By Steve Randall
Fed says rate cuts, economic clarity to come, but not yet
INDUSTRY NEWS MAR 07, 2025
Fed says rate cuts, economic clarity to come, but not yet

Officials suggest it could be late spring before clearer picture allows cuts.

By Bloomberg
Walgreens to be acquired by PE firm in $10B take-private deal
INDUSTRY NEWS MAR 07, 2025
Walgreens to be acquired by PE firm in $10B take-private deal

Investors will receive around an 8% premium on Thursday's closing price.

By Bloomberg
Bitcoin loses 6% on 'disappointing' executive order
INDUSTRY NEWS MAR 07, 2025
Bitcoin loses 6% on 'disappointing' executive order

Trump creates strategic Bitcoin reserve but stopped short of expectations.

By Bloomberg
Goldman Sachs wants more of its managers in Dallas not Wall Street
INDUSTRY NEWS MAR 07, 2025
Goldman Sachs wants more of its managers in Dallas not Wall Street

Regional hubs should benefit from more senior leadership.

By Bloomberg
Trump wins battle to fire ethics boss
INDUSTRY NEWS MAR 06, 2025
Trump wins battle to fire ethics boss

Whistleblower protection department head out as battle between executive branch and federal agencies heats up.

By Matthew Sellers
Dynasty, FL Putnam announce additions in Virginia
RIAS MAR 06, 2025
Dynasty, FL Putnam announce additions in Virginia

Dynasty Financial Partners helps a Goldman team return to independence as FL Putnam inks its fifth deal in 12 months.

By Leo Almazora
NASAA flags crypto scams, social media schemes among top investor threats for 2025
REGULATION AND LEGISLATION MAR 06, 2025
NASAA flags crypto scams, social media schemes among top investor threats for 2025

The regulatory association's annual list highlights risk from tech-powered fraud and affinity scams, with an expected uptick in the weaponization of AI.

By Leo Almazora
Why a weaker IRS is a headache for taxpayers and a 'feast' for tax cheats
TAX MAR 06, 2025
Why a weaker IRS is a headache for taxpayers and a 'feast' for tax cheats

A reported plan to cut staff at the agency by half and uncertainty over the future of its free tax filing program could have massive consequences, think tank says.

By Leo Almazora
Trump backs down on many Mexican, Canada tariffs, markets still suffer
INDUSTRY NEWS MAR 06, 2025
Trump backs down on many Mexican, Canada tariffs, markets still suffer

S&P down over 2%, Nasdaq heads towards a 3% loss

By Matthew Sellers
Ray Dalio's 'all weather' strategy makes ETF debut
ALTERNATIVES MAR 06, 2025
Ray Dalio's 'all weather' strategy makes ETF debut

The fund, managed by State Street Global Advisors and sub-advised by Bridgewater, plugs into a growing clamor for sophisticated strategies in the ETF space.

By Bloomberg