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Most millennials value life insurance, but cost and confusion are holding them back
LIFE INSURANCE AND ANNUITIES NOV 24, 2023
Most millennials value life insurance, but cost and confusion are holding them back

The generation appears split on some key components of life insurance.

By Steve Randall
European stocks reflect weak data, recession fears
INDUSTRY NEWS NOV 24, 2023
European stocks reflect weak data, recession fears

Global stocks struggled for direction with US markets closed Thursday.

By Bloomberg
Carbon trading markets set for boost at COP28
ESG NOV 24, 2023
Carbon trading markets set for boost at COP28

At the global climate conference in Dubai, envoys from more than 190 nations are set to discuss standards for credits.

By Bloomberg
Bitcoin bull Cathie Wood’s ARK cuts back holdings in top trust
INDUSTRY NEWS NOV 24, 2023
Bitcoin bull Cathie Wood’s ARK cuts back holdings in top trust

Data shows a 700,000-share sale in Bitcoin Trust since Oct. 23.

By Bloomberg
Barclays could axe 2,000 jobs in $1.3B cost saving, says Reuters
INDUSTRY NEWS NOV 24, 2023
Barclays could axe 2,000 jobs in $1.3B cost saving, says Reuters

Global banking group will share a new strategy with investors early in 2024.

By Bloomberg
Oil dips as OPEC+ delays meeting until Nov. 30
INDUSTRY NEWS NOV 24, 2023
Oil dips as OPEC+ delays meeting until Nov. 30

The meeting will be held online and is expected to result in a production cut.

By Bloomberg
What is a fintech company? Your ultimate guide to all things fintech
NOV 23, 2023
What is a fintech company? Your ultimate guide to all things fintech

Finance and technology come together to create innovative solutions that offer convenience, efficiency, and accessibility to individuals and businesses alike.

By Earl Naparan
How many jobs are available in tech?  
NOV 23, 2023
How many jobs are available in tech?  

Technology as an industry is growing rapidly; with it comes more job opportunities. Just how many jobs are available in tech? Find out more in our article.

By Earl Naparan
Your 401(k) plan is your best investment – here's why 
NOV 23, 2023
Your 401(k) plan is your best investment – here's why 

Take control of your retirement savings with a 401(k) plan – they're the smartest investment you can make for your future. Read on to find out more

By Ramon Berenguer
What is a wirehouse? 
NOV 23, 2023
What is a wirehouse? 

Find out what a wirehouse is, its pros and cons, and how it compares to other financial services firms. Plus: a snapshot of the top 5 wirehouses in the industry.

By Earl Naparan
Latest in 401(k) litigation: Cap Group sued, MetLife to pay $4.5M settlement
RETIREMENT PLANNING NOV 22, 2023
Latest in 401(k) litigation: Cap Group sued, MetLife to pay $4.5M settlement

Settlements and new cases continue as law firms claim asset managers did wrong by using their own products.

By Emile Hallez
DOL proposal starts where Reg BI stops
RETIREMENT PLANNING NOV 22, 2023
DOL proposal starts where Reg BI stops

Opponents say the DOL’s proposed rule overrides Reg BI by imposing fiduciary duty on brokers working with retirement savers. Backers say the measure fills in Reg BI’s gaps in investor protection.

By Mark Schoeff Jr.
Oklahoma sued over anti-ESG law
RETIREMENT PLANNING NOV 22, 2023
Oklahoma sued over anti-ESG law

A former state employee is challenging a state law that targets financial firms, including BlackRock and JPMorgan Chase, for their climate change policies.

By Bloomberg
Another worrisome conflict of interest emerges
OPINION NOV 22, 2023
Another worrisome conflict of interest emerges

With interest rates rising, it's more challenging to make the case for clients having a mortgage or other collateralized loan.

By Scott Hanson
When it comes to responsible investing, language matters
OPINION NOV 22, 2023
When it comes to responsible investing, language matters

A recent survey shows clients were more likely to talk to their advisors about 'responsible investing' than 'ESG investing.'

By Kent McClanahan
National RIAs to merge to create $11.2B firm with plans to hire in 2024
RIAS NOV 22, 2023
National RIAs to merge to create $11.2B firm with plans to hire in 2024

For one of the partners, it’s the second merger in as many months.

By Steve Randall
Steward Partners attracts 'peachy' $275M partner for its first Georgia offices
ADVISOR MOVES NOV 22, 2023
Steward Partners attracts 'peachy' $275M partner for its first Georgia offices

Expansion comes via two advisors who join from Wells Fargo.

By Steve Randall
Binance to pay $4.3B in settlement as firm, CEO plead guilty
INDUSTRY NEWS NOV 22, 2023
Binance to pay $4.3B in settlement as firm, CEO plead guilty

Crypto exchange chief will also pay $50M as part of the agreement.

By Bloomberg
Sam Altman to return as CEO at OpenAI
INDUSTRY NEWS NOV 22, 2023
Sam Altman to return as CEO at OpenAI

The move comes just days after investors were blindsided by his removal.

By Bloomberg
Stocks mixed ahead of key economic data
INDUSTRY NEWS NOV 22, 2023
Stocks mixed ahead of key economic data

Last day of trading before US markets pause for the holidays.

By Bloomberg