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SEC climate agenda stalls
ESG JAN 02, 2024
SEC climate agenda stalls

The lack of progress is worrying environmental activists given the approach of the US presidential election, which could scuttle the regulator's ESG efforts.

By Bloomberg
Mariner adds $360M California firm
RIAS JAN 02, 2024
Mariner adds $360M California firm

In its 7th acquisition of 2023, Mariner buys Sacramento-based Confluence Financial Planning.

By InvestmentNews
4 key trends that will help advisors grow their firms in 2024
RIAS JAN 02, 2024
4 key trends that will help advisors grow their firms in 2024

Partnerships and organic growth should be advisors’ focus, experts say.

By Josh Welsh
RBC warns US recession risk remains high; equities vulnerable
INDUSTRY NEWS JAN 02, 2024
RBC warns US recession risk remains high; equities vulnerable

RBC Global Asset Management economist says positive outcome relies on US soft landing.

By Bloomberg
Cetera CEO sees 'even bigger things' ahead as private equity firm reinvests
BROKER DEALERS JAN 02, 2024
Cetera CEO sees 'even bigger things' ahead as private equity firm reinvests

Genstar Capital made its original investment in the firm in 2018.

By Steve Randall
Small investors remain committed to US home assets, but flipping eases
INDUSTRY NEWS JAN 02, 2024
Small investors remain committed to US home assets, but flipping eases

Data reveals that investors make up an increasing share of single-family home buyers.

By Steve Randall
US consumer debt nearing pre-pandemic levels, says Bernstein
INDUSTRY NEWS JAN 02, 2024
US consumer debt nearing pre-pandemic levels, says Bernstein

Biden administration economic expert says people's finances are 'in quite good shape' despite cost of debt.

By Bloomberg
Musk back on top as world's wealthiest gain $1.5T
INDUSTRY NEWS JAN 02, 2024
Musk back on top as world's wealthiest gain $1.5T

2023 was a good year for the richest on the planet, especially the tech focused.

By Bloomberg
Idaho regulator seeks wide range of input on fintech oversight
REGULATION AND LEGISLATION JAN 01, 2024
Idaho regulator seeks wide range of input on fintech oversight

'We will build our own principles-based models best suited to emerging financial technology innovations,' says state's securities regulator.

By Mark Schoeff Jr.
Lincoln deal caps year of change at Osaic
BROKER DEALERS JAN 01, 2024
Lincoln deal caps year of change at Osaic

But what will the ultimate asking price for Osaic be as the firm moves toward an IPO?

By Bruce Kelly
LPL Financial takes minority stake in Independent Advisor Alliance
INDUSTRY NEWS DEC 22, 2023
LPL Financial takes minority stake in Independent Advisor Alliance

IAA founder sees significant development in its growth journey.

By Steve Randall
Equity bulls show highest sentiment in 30 months, says AAII
EQUITIES DEC 22, 2023
Equity bulls show highest sentiment in 30 months, says AAII

Meanwhile, pessimism is unusually low according to investor poll.

By Steve Randall
Markets await US inflation data for rate cut signal
INDUSTRY NEWS DEC 22, 2023
Markets await US inflation data for rate cut signal

Personal consumption expenditure gauge is expected to decrease.

By Bloomberg
Why are large investors returning to bank stocks now?
INDUSTRY NEWS DEC 22, 2023
Why are large investors returning to bank stocks now?

Fidelity, Wilmington among the institutions loading up on financial stocks.

By Bloomberg
Zero-day options not to blame for sell-off, says Cboe
INDUSTRY NEWS DEC 22, 2023
Zero-day options not to blame for sell-off, says Cboe

Exchange says hedging activity more likely to be a stabilizer.

By Bloomberg
Elon Musk slams indexing, regulators in public markets rant
INDUSTRY NEWS DEC 22, 2023
Elon Musk slams indexing, regulators in public markets rant

Speaking to Cathie Wood, the billionaire also criticized shareholders.

By Bloomberg
Insurance industry seeks carve out from Massachusetts ‘junk fees’ proposal
REGULATION AND LEGISLATION DEC 21, 2023
Insurance industry seeks carve out from Massachusetts ‘junk fees’ proposal

Separately, Empower joins industry chorus calls on DOL to withdraw its retirement security proposal.

By Mark Schoeff Jr.
Finra bars ex-Wells Fargo broker previously charged with fraud
ALTERNATIVES DEC 21, 2023
Finra bars ex-Wells Fargo broker previously charged with fraud

Louis Goff and others had been charged with raising $2.1 million from investors in a fraud from 2019 and 2020.

By Bruce Kelly
How private market investments can bolster 60/40 strategy
INDUSTRY NEWS DEC 21, 2023
How private market investments can bolster 60/40 strategy

Half of advisors surveyed in iCapital study say client interest in alts has increased.

By Josh Welsh
Aon buys wealth manager for $13.4B
RETIREMENT PLANNING DEC 21, 2023
Aon buys wealth manager for $13.4B

The deal for NFP will bring together a shared commitment to client excellence, the companies say.

By InvestmentNews