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Fed still looking at 3 rate cuts in 2024, but sees fewer next year
REGULATION AND LEGISLATION MAR 20, 2024
Fed still looking at 3 rate cuts in 2024, but sees fewer next year

Policymakers now see just three rate reductions in 2025, down from the four they forecast in December, following a recent uptick in inflation.

By Bloomberg
Goldman plans to expand model portfolio business
BROKER DEALERS MAR 20, 2024
Goldman plans to expand model portfolio business

The firm is vying to be a top player in a an industry that's projected to grow to $11 trillion by 2028.

By Bloomberg
DeVoe & Co. names new marketing head
INDUSTRY NEWS MAR 20, 2024
DeVoe & Co. names new marketing head

The RIA-focused consultancy’s executive hire joins with more than 20 years of experience.

By Leo Almazora
LPL expands Mississippi presence with family practice
BROKER DEALERS MAR 20, 2024
LPL expands Mississippi presence with family practice

The veteran advisor and his two sons are joining the IBD after managing $250M at Wells Fargo.

By Leo Almazora
Citi pays Andy Sieg $11.3M for first 3 months as wealth head
BROKER DEALERS MAR 20, 2024
Citi pays Andy Sieg $11.3M for first 3 months as wealth head

The size of award underscores Citi's desire to overhaul its struggling wealth division.

By Bloomberg
US equity investors increase risk appetite: S&P Global
INDUSTRY NEWS MAR 20, 2024
US equity investors increase risk appetite: S&P Global

S&P Global report shows expectations for returns have declined.

By Steve Randall
Bank customers are concerned about overregulation: ABA report
REGULATION AND LEGISLATION MAR 20, 2024
Bank customers are concerned about overregulation: ABA report

A banking industry survey reveals a high satisfaction with financial institutions.

By Steve Randall
Luxury stocks decline, market awaits Fed rates decision
INDUSTRY NEWS MAR 20, 2024
Luxury stocks decline, market awaits Fed rates decision

The latest Federal Open Market Committee decision on rates is due at 2 p.m. in Washington.

By Bloomberg
How much can you make working for a crypto firm?
INDUSTRY NEWS MAR 20, 2024
How much can you make working for a crypto firm?

US is most generous with six-figure compensation packages.

By Bloomberg
Why pre-retirees with a plan are better off in retirement
RETIREMENT PLANNING MAR 19, 2024
Why pre-retirees with a plan are better off in retirement

T. Rowe Price report reinforces benefits of formal financial planning on retirement wealth, confidence, and more for 401(k) participants.

By Leo Almazora
Flourish tightens ties with Focus under new tech partnership
RIAS MAR 19, 2024
Flourish tightens ties with Focus under new tech partnership

Deal expanding access to tech solution comes as the independent wealth network eyes a new chapter of growth.

By Leo Almazora
Raymond James taps Paul Reilly's successor
BROKER DEALERS MAR 19, 2024
Raymond James taps Paul Reilly's successor

Company announces only the fourth chief executive in its history.

By Bruce Kelly
B-D network Wentworth closes deal to go public
BROKER DEALERS MAR 19, 2024
B-D network Wentworth closes deal to go public

Using the company's stock creates opportunities for financing deals, CEO says

By Bruce Kelly
With $67T in liquid assets, US stays on top of the world
INDUSTRY NEWS MAR 19, 2024
With $67T in liquid assets, US stays on top of the world

Report details top cities for centimillionaires and billionaires, including wealth hot spots to watch and real estate leaders.

By Leo Almazora
Getting a family to the table to discuss giving is tougher than it sounds
INDUSTRY NEWS MAR 19, 2024
Getting a family to the table to discuss giving is tougher than it sounds

'It's really that transparent conversation that's the key to making sure that we utilize these different strategies that are in place,' an advisor says.

By Gregg Greenberg
JPMorgan joins the sports investing league
BROKER DEALERS MAR 19, 2024
JPMorgan joins the sports investing league

Firm names co-leaders of new dedicated unit as valuations of sports teams soar.

By Bloomberg
Investors bullish despite election uncertainty: CFP Board
INDUSTRY NEWS MAR 19, 2024
Investors bullish despite election uncertainty: CFP Board

A CFP Board survey found six out of seven advisors say their clients are optimistic.

By Leo Almazora
Firms and advisors need an alt-friendly tech solution
OPINION MAR 19, 2024
Firms and advisors need an alt-friendly tech solution

As alternative investments grow in popularity, firms and advisors will need tech that enables them to provide better service to clients exposed to such assets.

By Akhil Lodha
Industry groups accuse SEC of trying to 'vastly expand its authority' over dealer rule
REGULATION AND LEGISLATION MAR 19, 2024
Industry groups accuse SEC of trying to 'vastly expand its authority' over dealer rule

Three associations say investors will lose out from expanded dealer definitions.

By Steve Randall
Infrastructure investment is primed for growth, with private investors essential
INDUSTRY NEWS MAR 19, 2024
Infrastructure investment is primed for growth, with private investors essential

Last year was challenging for the asset class but the trajectory remains positive.

By Steve Randall