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GameStop plunges as video game retailer reveals share sale plans
INDUSTRY NEWS JUN 07, 2024
GameStop plunges as video game retailer reveals share sale plans

The company behind the beloved meme stock pushed forward its quarterly earnings report, getting ahead of a livestream by highly controversial “Roaring Kitty.”

By Leo Almazora
Canadian bank TD sues wealth advisor who "abruptly" exited amid AML probe
REGULATION AND LEGISLATION JUN 07, 2024
Canadian bank TD sues wealth advisor who "abruptly" exited amid AML probe

The Toronto-based lender says the advisor and a colleague breached contract as they joined Raymond James.

By Bloomberg
Cresset unveils deal for 130-year-old family office Connable
INDUSTRY NEWS JUN 07, 2024
Cresset unveils deal for 130-year-old family office Connable

The deal in Michigan forms a new combined entity managing $52B in assets for high-net-worth and ultra-high-net-worth clients.

By Leo Almazora
Citi Wealth highlights four unstoppable trends, seven investment opportunities
INDUSTRY NEWS JUN 07, 2024
Citi Wealth highlights four unstoppable trends, seven investment opportunities

How is the firm positioning portfolios for the second half of 2024.

By Steve Randall
What are the biggest challenges for UHNWIs and how can multi-family offices help?
INDUSTRY NEWS JUN 07, 2024
What are the biggest challenges for UHNWIs and how can multi-family offices help?

InvestmentNews speaks with Whittier Trust’s VP of business development.

By Steve Randall
US jobs report awaited; slowdown expected
INDUSTRY NEWS JUN 07, 2024
US jobs report awaited; slowdown expected

Bureau of Labor Statistics will release data Friday.

By Bloomberg
Fed cut may mean bad news for economy, says BofA's Hartnett
INDUSTRY NEWS JUN 07, 2024
Fed cut may mean bad news for economy, says BofA's Hartnett

The strategist says it could be a signal that trouble is ahead.

By Bloomberg
Moody's mulls cutting ratings for six US regional banks
INDUSTRY NEWS JUN 07, 2024
Moody's mulls cutting ratings for six US regional banks

Exposure to commercial real estate loans is the concern.

By Bloomberg
Private credit may lose some of its privacy
INDUSTRY NEWS JUN 07, 2024
Private credit may lose some of its privacy

European regulators want greater transparency amid risk concerns.

By Bloomberg
Stocks may be hot in 2024 but metals are molten
INDUSTRY NEWS JUN 06, 2024
Stocks may be hot in 2024 but metals are molten

Gold, silver and even copper are beating the S&P 500 so far in 2024. But will the bull market in metals last?

By Gregg Greenberg
Mind SEC’s new data breach rules, says Finra
REGULATION AND LEGISLATION JUN 06, 2024
Mind SEC’s new data breach rules, says Finra

The industry regulator is urging member firms to start taking appropriate measures as changes to Regulation S-P take effect.

By Leo Almazora
'Ponzi schemes are done in the open by bad people'
BROKER DEALERS JUN 06, 2024
'Ponzi schemes are done in the open by bad people'

SEC bars advisors who worked with Georgia Ponzi broker.

By Bruce Kelly
SEC sued over broker-dealer texting fines data
REGULATION AND LEGISLATION JUN 06, 2024
SEC sued over broker-dealer texting fines data

'Extraordinarily large' sums prompt American Securities Association's lawsuit, which asks commission to turn over documents showing how those amounts were reached.

By Emile Hallez
Personal purpose drives Park Avenue Securities
INDUSTRY NEWS JUN 06, 2024
Personal purpose drives Park Avenue Securities

InvestmentNews Awards 2024, CEO of the Year Excellence Awardee: Marianne Caswell, Park Avenue Securities

By Josh Welsh
An amazing opportunity to change millions of households, CEO says
INDUSTRY NEWS JUN 06, 2024
An amazing opportunity to change millions of households, CEO says

InvestmentNews Awards 2024, CEO of the Year Excellence Awardee: Amy Webber, Cambridge Investment Group, Inc.

By Josh Welsh
Comparing the 401(k) vs. pension plan 
JUN 06, 2024
Comparing the 401(k) vs. pension plan 

In this article on 401(k)s vs. pension plans, we’ll go over the similarities, differences, and unique features of both. Which plan is better for your clients? Read on to find out

By Ramon Berenguer
Financial independence tops millennials’ must-reach milestones, says CFP Board
INDUSTRY NEWS JUN 06, 2024
Financial independence tops millennials’ must-reach milestones, says CFP Board

While many Gen Y members believe they’ll succeed at their life goals, a vast majority see roadblocks from expenses, debt, and lack of savings.

By Leo Almazora
Revealed: InvestmentNews’ Fastest-Growing in America
INDUSTRY NEWS JUN 06, 2024
Revealed: InvestmentNews’ Fastest-Growing in America

The inaugural list reveals the firms and networks that have emerged as winners in the ongoing war for advisor talent over the past year.

By Leo Almazora
Allspring unveils SMA platform enhancements
TAX JUN 06, 2024
Allspring unveils SMA platform enhancements

The North Carolina-based global asset manager is strengthening its custom SMA platform with new active and index strategies.

By Leo Almazora
SEC marketing rule has 'fallen short' of industry expectations
REGULATION AND LEGISLATION JUN 06, 2024
SEC marketing rule has 'fallen short' of industry expectations

Seward & Kissel report finds rule is creating challenges for investment advisors.

By Steve Randall