Advisor News

Displaying 26834 results
Advisors seek transparency on DIY investing as Robinhood faces investigation
REGULATION AND LEGISLATION MAR 26, 2025
Advisors seek transparency on DIY investing as Robinhood faces investigation

'I feel like they have created an addictive gaming culture, which is not healthy for investing.'

By Andrew Cohen
LPL Financial’s new CEO Steinmeier gets pay bump but lags Wall Street rivals
RIA NEWS MAR 26, 2025
LPL Financial’s new CEO Steinmeier gets pay bump but lags Wall Street rivals

But one industry executive believes his pay could catch up over time.

By Bruce Kelly
Dynasty forges RIA custody partnership with Goldman Sachs
RIA NEWS MAR 26, 2025
Dynasty forges RIA custody partnership with Goldman Sachs

The collaboration gives Dynasty's $105 billion network of over 500 advisors access to new custodial services, asset management, and lending expertise.

By Leo Almazora
Why every RIA needs a data orchestration strategy
OPINION MAR 25, 2025
Why every RIA needs a data orchestration strategy

For advisors struggling under the weight of their tech stacks, creating a seamless approach to ingest, translate, store, and synchronize data can be the key to growth and client satisfaction.

By Madalyn Armijo
Wells Fargo keep hiring senior executives for its RIA business
RIA NEWS MAR 25, 2025
Wells Fargo keep hiring senior executives for its RIA business

The financial advice industry has waited for years to see if the wirehouse would embrace RIAs.

By Bruce Kelly
Sen. Elizabeth Warren presses Trump SEC Chair nominee Atkins ahead of confirmation hearing
REGULATION AND LEGISLATION MAR 25, 2025
Sen. Elizabeth Warren presses Trump SEC Chair nominee Atkins ahead of confirmation hearing

Paul Atkins pledges to address potential conflicts as the Democratic firebrand's open letter, along with filings around his financial interests, raises questions.

By Leo Almazora
Bisignano pledges to protect Social Security from privatization amid senate scrutiny
RETIREMENT PLANNING MAR 25, 2025
Bisignano pledges to protect Social Security from privatization amid senate scrutiny

Partisan tensions, reducing inefficiencies and a 'guarantee' to senators.

By Matthew Sellers
Trump's Social Security pick vows to protect agency from DOGE
RETIREMENT PLANNING MAR 25, 2025
Trump's Social Security pick vows to protect agency from DOGE

Fintech exec and JPMorgan alum Frank Bisignano dismisses privatization talk, commits to "meet beneficiaries where they want to be met."

By Bloomberg
Majority of polled financial pros agree annuities make client relationships stickier
RETIREMENT PLANNING MAR 25, 2025
Majority of polled financial pros agree annuities make client relationships stickier

Market volatility, product complexity, and rampant misinformation all drive the case for advisors helping clients get much-needed lifetime income.

By Leo Almazora
Judge accused of bias in discrimination case by ex-life insurance employee
REGULATION AND LEGISLATION MAR 24, 2025
Judge accused of bias in discrimination case by ex-life insurance employee

My employer was biased – and the judge and magistrate are being unfair says ex-employee

By Matthew Sellers
Finra hits RIA buyer NewEdge with $1 million penalty over Muni bond trades
RIA NEWS MAR 24, 2025
Finra hits RIA buyer NewEdge with $1 million penalty over Muni bond trades

The market for municipal bonds is notorious for being opaque and filled with difficult to price securities.

By Bruce Kelly
Northwestern Mutual hangs giant 'help wanted' sign, targets 5,000 new financial pros in 2025
INDEPENDENT BROKER DEALERS MAR 24, 2025
Northwestern Mutual hangs giant 'help wanted' sign, targets 5,000 new financial pros in 2025

The top-ranked IBD giant is looking to bolster its workforce with thousands of new independent advisors, representatives, and interns.

By Leo Almazora
SEC workforce to get decimated as hundreds take buyout offers
REGULATION AND LEGISLATION MAR 24, 2025
SEC workforce to get decimated as hundreds take buyout offers

Up to 700 employees have reportedly accepted the Trump administration's $50,000 incentive, raising questions about the agency's ability to function in the future.

By Leo Almazora
CAIS unveils alts model portfolio marketplace for advisors
ALTERNATIVES MAR 24, 2025
CAIS unveils alts model portfolio marketplace for advisors

The alternatives giant's latest enhancements smooth the way for clients to get hedge fund and private markets access.

By Leo Almazora
Raymond James taps Franklin Templeton vet for independent contractor division
INDEPENDENT BROKER DEALERS MAR 24, 2025
Raymond James taps Franklin Templeton vet for independent contractor division

With 30 years of industry experience, Ronice Barlow is set to help steer the ICD as the unit's first-ever COO.

By Leo Almazora
State Street's Charles River, iCapital team up for innovative UMA solution
ALTERNATIVES MAR 24, 2025
State Street's Charles River, iCapital team up for innovative UMA solution

New platform helps advisors manage public and private assets in one place.

By Steve Randall
BNY Pershing’s new cash sweep charge to hit RIAs first
INDEPENDENT BROKER DEALERS MAR 23, 2025
BNY Pershing’s new cash sweep charge to hit RIAs first

Cash sweep programs have turned into a bit of a viper’s nest for the financial advice industry, particularly large broker-dealers.

By Bruce Kelly
Raymond James, RBC reel in UBS advisors managing over $690M in assets
INDEPENDENT BROKER DEALERS MAR 21, 2025
Raymond James, RBC reel in UBS advisors managing over $690M in assets

The firms' latest additions in Florida and Nevada come as a strategic change at UBS raises risk of advisor defections.

By Leo Almazora
JPMorgan relabels DEI program 'DOI' amid political backlash
RIA NEWS MAR 21, 2025
JPMorgan relabels DEI program 'DOI' amid political backlash

Banking giant stresses commitment to merit-based hiring, compensation, and promotion as anti-DEI orders from Trump reverberate across federal agencies and corporations.

By Bloomberg
Cambridge hit with $15M penalty over conflicted fund recommendations
RIA NEWS MAR 21, 2025
Cambridge hit with $15M penalty over conflicted fund recommendations

SEC complaint charges RIA with fiduciary breaches over client assets invested in mutual funds and money market sweep funds that created millions of dollars in revenue-sharing payments to broker dealer appropriate.

By Leo Almazora