Advisor News

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Goldman Sachs sees trump’s baseline tariff rate rising to 15%
WIREHOUSES JUL 23, 2025
Goldman Sachs sees trump’s baseline tariff rate rising to 15%

But economists say inflation impact may come in lower than expected.

By Bloomberg
AI boom leads to record costs on US grid and call for new plants
FINTECH JUL 23, 2025
AI boom leads to record costs on US grid and call for new plants

How fast-growing tech means higher bills for millions of Americans.

By Bloomberg
Wirehouse rolls out AI tools throughout its wealth management division
FINTECH JUL 22, 2025
Wirehouse rolls out AI tools throughout its wealth management division

The firm is extending the use of tools to help boost productivity.

By Steve Randall
Gray divorce is on the rise, posing a risk to retirement security
RETIREMENT PLANNING JUL 22, 2025
Gray divorce is on the rise, posing a risk to retirement security

Older couples are more likely to split than in the past, stats show.

By Steve Randall
Are you developing resilient clients?
OPINION JUL 22, 2025
Are you developing resilient clients?

Preparing your clients to withstand the ups and downs of change – both external and internal – could be the key to unlocking their loyalty, trust, and confidence.

By Jeff Thorsteinson
Greg Cornick, former number two at Osaic, slides down the management pole
INDEPENDENT BROKER DEALERS JUL 22, 2025
Greg Cornick, former number two at Osaic, slides down the management pole

After leaving LPL in 2020, it hasn't gone Cornick's way at Osaic.

By Bruce Kelly
MIT’s Andrew Lo sees AI ready to run your money in five years
EQUITIES JUL 22, 2025
MIT’s Andrew Lo sees AI ready to run your money in five years

The finance professor and quant investing veteran believes with the right guardrails, artificial intelligence could be trusted to meet the high bar of fiduciary advice.

By Bloomberg
Advisor moves: UBS advisors defect to Ameriprise, Merrill Lynch
INDEPENDENT BROKER DEALERS JUL 22, 2025
Advisor moves: UBS advisors defect to Ameriprise, Merrill Lynch

UBS has also regained some ground as it recruited an experienced Merrill advisor in New York.

By Leo Almazora
President Trump's trade deal with Japan sets new course for global economy
REGULATION AND LEGISLATION JUL 22, 2025
President Trump's trade deal with Japan sets new course for global economy

The new deal involves 15% tariffs and $550 billion in Japanese investments in the US.

By Andy Burt
Former California advisor indicted for alleged $9.5M Ponzi scheme
REGULATION AND LEGISLATION JUL 22, 2025
Former California advisor indicted for alleged $9.5M Ponzi scheme

The ex-Bay Area broker reportedly continued to peddle fake bond investments, promising rates of returns exceeding 20%, even after FINRA suspended his license in 2014.

By Leo Almazora
AI tops compliance concerns for RIAs, survey finds
PRACTICE MANAGEMENT JUL 22, 2025
AI tops compliance concerns for RIAs, survey finds

Predictive analytics, artificial intelligence, and cybersecurity are now high on compliance officers' lists as off-channel communications are relegated down the rankings.

By Leo Almazora
Bluespring acquires $364M Kestra affiliate to combine with two existing firms
RIA NEWS JUL 22, 2025
Bluespring acquires $364M Kestra affiliate to combine with two existing firms

Latest deal further expands the RIA acquirer’s footprint in Texas.

By Steve Randall
Options signal dollar strength is fading as risks pile up
REGULATION AND LEGISLATION JUL 22, 2025
Options signal dollar strength is fading as risks pile up

Renewed pressure could be ahead for the greenback.

By Bloomberg
Can advisors still cut through the noise in digital marketing?
FINTECH JUL 21, 2025
Can advisors still cut through the noise in digital marketing?

With a fifth of RIA firms using AI to create marketing content, one leading voice argues a clear identity and focusing on clients will be crucial to success.

By Leo Almazora
With wealth management market cooking, LPL Financial shares hit new highs
INDEPENDENT BROKER DEALERS JUL 21, 2025
With wealth management market cooking, LPL Financial shares hit new highs

LPL Financial is a bellwether for the broader financial advice marketplace.

By Bruce Kelly
Wealth tech Alix raises $20M to expand AI-powered estate settlement platform
FINTECH JUL 21, 2025
Wealth tech Alix raises $20M to expand AI-powered estate settlement platform

The San Francisco-based startup's Series A funding, with support from Schwab and Edward Jones Ventures, will reinforce its role in the coming $124 trillion wealth transfer.

By Leo Almazora
Summit Financial adds four RIAs, nets $1.2B in new assets
RIA NEWS JUL 21, 2025
Summit Financial adds four RIAs, nets $1.2B in new assets

The quartet of deals across New York, Florida, Ohio, and New Mexico reinforces the fast-growing integrator's leading position in the independent space.

By Leo Almazora
Advisor moves: Raymond James welcomes UBS, Wells Fargo teams in bicoastal moves
INDEPENDENT BROKER DEALERS JUL 21, 2025
Advisor moves: Raymond James welcomes UBS, Wells Fargo teams in bicoastal moves

UBS and Wells Fargo have made their own additions in the Northeast, including a Massachusetts duo defecting from Commonwealth.

By Leo Almazora
Goldman Sachs brings private credit to defined contribution plans
RETIREMENT PLANNING JUL 21, 2025
Goldman Sachs brings private credit to defined contribution plans

Goldman Sachs' new private credit fund aims to bring alternatives to 401(k) plans, joining a wave of asset managers targeting the DC market.

By Leo Almazora
Could this be your year to make the Hot List?
FINTECH JUL 21, 2025
Could this be your year to make the Hot List?

Don't miss your chance to be honored among the industry's best.

By InvestmentNews