Anthropic's new Claude integrations target RIAs, broker dealers, custodians, TAMPs, as new research from DeepVest finds mainstream AI models produce errors on 85 percent of investment management prompts.
Castellanos allegedly raised $25.2M from over 1,200 investors — without a single securities license.
Also, Raymond James expands its financial institutions arm in the Kansas City area while Baird has elevated two seasoned veterans into key director roles.
When wealth spans generations, the toughest challenges aren’t about markets or tax codes- they’re about people. In this insightful piece, Lana E. Hock, CFP®, ChFC®, CDFA®, QPFC reveals how intentional philanthropy can become a powerful “training ground” that engages heirs, aligns family values, and strengthens multigenerational wealth stewardship.
Quad-A CEO Sheena Gray says modernizing commission rules could give independent Black-owned firms more flexibility to hire, scale and serve underserved investors.
New proposal would offer federal-style investing options and up to $1,000 in annual government matching for workers shut out of workplace plans.
InvestmentNews trawls through the highlights of the longest ever State of the Union address.
Greg Robinson tells InvestmentNews how the firm has paired startups with advisors to accelerate AI-driven solutions, tackle the historic wealth transfer and reshape client outcomes for generations to come.
LPL Financial is missing a potential multi-million dollar penalty.
The SEC rule would restore only third-month data in a fund’s fiscal quarter being made public, and extending the forms monthly deadline to 45 days after month-end.
Where a CAB recommends a securities transaction to an eligible employee who qualifies as a retail customer under Regulation Best Interest or a retail investor for Form CRS, the CAB must comply with Reg BI and Form CRS.
“If AI is to play a role in their business operations, advisors would do well to disclose where it is used," said John McKenna, senior analyst at Cerulli.
Leading advisors discuss how wealth managers should handle fast-evolving threats and technology.
Meanwhile, a new venture at Integrated Partners sharpens its support for entrepreneurs going through complex transitions, and New York-based Aspen Standard Wealth announces a new president.
New workplace savings program targets startup employees by merging institutional portfolios, retirement tech, and equity ownership on a single platform.
Firms commit to AI spending despite recession risks, targeting ROI and scarce talent skills.
When founders cling to control, take equity dynamics for granted, or ignore team design, succession plans crack long before they’re tested.
Cutter Financial Group LLC was ordered to pay $150,000 in total civil penalties, and a five-year requirement the firm provide a copy of the ruling to all existing investment advisory clients and all new investment advisory clients
Advisors reveal how AI boosts efficiency, sharpens insight and deepens every client conversation
A record 102 acquirers entered the market last year, but 20 firms captured more than half of all acquired assets, according to Fidelity’s latest M&A report.
