Sustainable fund outflows aren’t fazing advisors
Performance has turned around for ESG-themed funds in recent months.
Should you tell your kids how much they’ll inherit?
The Great Wealth Transfer is underway, but advisors say open dialogue within families is crucial to success.
Trump-linked SPAC to pay $18M fine to SEC over ‘material misrepresentations’
Share price soars on news.
Goldman Sachs, Morgan Stanley and others spend $1 billion on redundancies
More job cuts to come, meanwhile JPMorgan is hiring.
Investors are bullish but expect continued market volatility, says Morgan Stanley
Investor sentiment is rising along with expectation of the Fed navigating a soft landing.
Former $245M Wells Fargo advisors launch own firm with LPL Financial
Duo joins the employee advisor channel, while another $250M team chooses LPL’s platforms.
Corporate earnings in focus, Fed direction remains uncertain
Markets start Friday subdued as data suggests rate rises may continue.
Elon Musk loses $20B but remains world’s wealthiest
Tesla stock declined Thursday putting Musk just $33B ahead of luxury goods tycoon Bernard Arnault in the rich list.
FTX lawsuit alleges big bonuses, abuse of power, and a private island
The list of complaints against the collapsed crypto exchange executives is building.
Contentious ESG label dethroning green bonds, says former HSBC banker
While sustainability-linked bonds have come in for some criticism, they have the potential to dominate the roughly $6 trillion ethical debt market.
US SIF’s new CEO talks ESG challenges, opportunities for advisors
It's a turbulent time for ESG in the U.S., but financial advisors can benefit from learning more about the topic, Maria Lettini says.
ETF strategy designed for night owls gets a wake-up call
NightShares shutters two ETFs that only invest when the market is closed.
Renting out a second home is no vacation!
Many property owners aren't aware of the potential risks associated with the booming short-term rental industry.
Sequoia Financial Group to expand with acquisition of Cleveland wealth manager
Cirrus Wealth Management has $387 million in assets and a team of 12 led by a 30-year veteran of the industry.
Twice-convicted fraudster charged by SEC for alleged $38M Ponzi-like scheme
Eliyahu Weinstein of Lakewood, New Jersey, and five others are charged with defrauding investors in health care-related deals.
Big tech disappoints, Nasdaq futures slip
Tesla and Netflix results were weaker than investors were expecting
Blackstone set to become first-ever $1T PE firm
The private equity giant reports its results Thursday
BlackRock slammed for appointing oil firm CEO to board
NYC comptroller says the asset manager's shareholders 'expect climate-competent, not climate-conflicted, directors.'
RIAs leaned on organic growth to weather 2022, Schwab study shows
In the latest RIA Benchmarking Study, growth supplanted the pursuit of talent as the top priority for most advisory firms.
Seven fintech companies to feature at second annual Future Proof festival
Six startups and Pershing X will demonstrate how their products can solve real problems for advisors.
