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Fund giants want a piece of the $1.5T private credit action
INDUSTRY NEWS SEP 14, 2023
Fund giants want a piece of the $1.5T private credit action

Funds are seeking acquisitions and are willing to pay big for a deal.

By Bloomberg
Why Ray Dalio shuns bonds in favor of cash
INDUSTRY NEWS SEP 14, 2023
Why Ray Dalio shuns bonds in favor of cash

Seasoned investor says bonds are not a good long-term investment.

By Bloomberg
Only one of the world's biggest firms of 2000 is still in the top 10 today
EQUITIES SEP 14, 2023
Only one of the world's biggest firms of 2000 is still in the top 10 today

What were the biggest companies in the world by market cap in 2000 and 1980?

By Steve Randall
New leader of state regulators places emphasis on 'risky' digital assets
ALTERNATIVES SEP 13, 2023
New leader of state regulators places emphasis on 'risky' digital assets

Hodgepodge of different regulations needs addressing, says securities lawyer.

By Mark Schoeff Jr.
Love it or hate it, climate reporting may be inevitable
OPINION SEP 13, 2023
Love it or hate it, climate reporting may be inevitable

Legislation in California that will likely become law goes much farther than an SEC proposal on emissions reporting for public companies.

By Emile Hallez
Cetera deal for Avantax shows boom continues for wealth management assets
BROKER DEALERS SEP 13, 2023
Cetera deal for Avantax shows boom continues for wealth management assets

The price tag Cetera paid for Avantax was 180% of its revenues last year, an unthinkable sum for a broker-dealer just a few years ago.

By Bruce Kelly
August CPI pushes 2024 COLA forecast up 3.2%
RETIREMENT PLANNING SEP 13, 2023
August CPI pushes 2024 COLA forecast up 3.2%

The resulting increase would raise the average monthly retiree benefit of $1,790 by $57.30.

By Gregg Greenberg
U.S. lags globally on retirement due to health, quality of life issues
RETIREMENT PLANNING SEP 13, 2023
U.S. lags globally on retirement due to health, quality of life issues

Academics suggest improvements to the savings system and restoring the solvency of Social Security.

By Emile Hallez
Why millionaires value their advisors for their long-term financial planning
INDUSTRY NEWS SEP 13, 2023
Why millionaires value their advisors for their long-term financial planning

But for those without a plan, running out of retirement savings is concerning.

By Steve Randall
US futures steady as CPI data is awaited
INDUSTRY NEWS SEP 13, 2023
US futures steady as CPI data is awaited

Official stats released Wednesday with further key data later.

By Bloomberg
Binance US CEO exits as firm slashes headcount
INDUSTRY NEWS SEP 13, 2023
Binance US CEO exits as firm slashes headcount

Regulatory crackdown adds to Miami-based firm's challenges.

By Bloomberg
Fund managers warning to semiconductor investors
INDUSTRY NEWS SEP 13, 2023
Fund managers warning to semiconductor investors

Industry requires large volumes of water, that's concerning.

By Bloomberg
Can AI detect misconduct by rogue traders?
INDUSTRY NEWS SEP 13, 2023
Can AI detect misconduct by rogue traders?

Deutsche Bank is testing tools that could detect wrongdoing.

By Bloomberg
Why are Americans snapping up Scotland's high-end homes?
INDUSTRY NEWS SEP 13, 2023
Why are Americans snapping up Scotland's high-end homes?

Real estate firm reports surge in buyers from the US.

By Bloomberg
SEC Chair Gensler fires back at GOP critics
FINTECH SEP 12, 2023
SEC Chair Gensler fires back at GOP critics

Leader accused of proposing regulations that are ‘sowing discord and confusion.'

By Mark Schoeff Jr.
SEC hits YieldStreet with $1.9M penalty linked to shipping investment
ALTERNATIVES SEP 12, 2023
SEC hits YieldStreet with $1.9M penalty linked to shipping investment

YieldStreet failed to disclose heightened risk, according to the SEC.

By Bruce Kelly
California gets ahead of SEC in forcing firms’ carbon disclosure
ESG SEP 12, 2023
California gets ahead of SEC in forcing firms’ carbon disclosure

Golden State’s proposal will force corporations to make carbon emissions public.

By Bloomberg
Jamie Hopkins to leave Carson Group
ADVISOR MOVES SEP 12, 2023
Jamie Hopkins to leave Carson Group

We'll miss his leadership and passion for profession, says RIA

By Josh Welsh
The role advisors play in their clients' lives
OPINION SEP 12, 2023
The role advisors play in their clients' lives

The deepest impact advisors make is guiding clients through the various seasons of life.

By Scott Hanson
Does low knowledge of annuities help explain low adoption among advisors?
OPINION SEP 12, 2023
Does low knowledge of annuities help explain low adoption among advisors?

As advisors' knowledge about annuities increases, so does their perception of these products.

By David Blanchett