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'Start saving now' for 'collapse' of Social Security system, warns former chief
INDUSTRY NEWS MAR 03, 2025
'Start saving now' for 'collapse' of Social Security system, warns former chief

DOGE-directed job cuts have been announced and critics are worried.

By Steve Randall
Hamilton Lane launches private secondary market fund for US investors
ALTERNATIVES MAR 03, 2025
Hamilton Lane launches private secondary market fund for US investors

Firms says fund is part of its commitment to broadening private market options.

By Steve Randall
S&P 500 rally likely to be short term, Goldman’s Kostin says
INDUSTRY NEWS MAR 03, 2025
S&P 500 rally likely to be short term, Goldman’s Kostin says

Strategists expect softening market unless economic growth improves.

By Bloomberg
Is it time to dump the Magnificent Seven?
INDUSTRY NEWS MAR 03, 2025
Is it time to dump the Magnificent Seven?

Despite earnings, investors are getting jittery about big tech growth.

By Bloomberg
Investors turn to EMs in search for Trump-proof bets
INDUSTRY NEWS MAR 03, 2025
Investors turn to EMs in search for Trump-proof bets

Firms not reliant on US market, interest rates gain focus.

By Bloomberg
Greenback bears cohort is growing amid warning signs for economy
INDUSTRY NEWS MAR 03, 2025
Greenback bears cohort is growing amid warning signs for economy

Trade war concerns are increasing including reignition of inflation.

By Bloomberg
For four in five Americans, inflation is making it harder to achieve life goals
INDUSTRY NEWS FEB 28, 2025
For four in five Americans, inflation is making it harder to achieve life goals

Survey exposes how rising costs of living and economic uncertainty are shaping the different demographic cohorts' financial outlook.

By Leo Almazora
Structured annuities set record pace with $62.9B sales in 2024
RETIREMENT PLANNING FEB 28, 2025
Structured annuities set record pace with $62.9B sales in 2024

Total annuity sales reached $427 billion, with index and variable annuity product sales also accelerating for the year.

By Leo Almazora
BlackRock introduces its bitcoin ETF into model portfolios
ALTERNATIVES FEB 28, 2025
BlackRock introduces its bitcoin ETF into model portfolios

The addition sounds risky at a time of cratering bitcoin prices, but the asset management titan says advisor demand is strong.

By Bloomberg
The Fed's 'preferred' measure of inflation is core PCE. Do advisors favor it as well?
RIAS FEB 28, 2025
The Fed's 'preferred' measure of inflation is core PCE. Do advisors favor it as well?

The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own preferences.

By Gregg Greenberg
Certifications give advisors a clear economic edge, IWI says
PRACTICE MANAGEMENT FEB 28, 2025
Certifications give advisors a clear economic edge, IWI says

The institute's new research indicates advisors who've earned CIMA, CPWA, and RMA designations outclass their non-credentialed rivals.

By Leo Almazora
How to differentiate to attract high-net-worth clients
OPINION FEB 28, 2025
How to differentiate to attract high-net-worth clients

Advisors working at the highest wealth levels do three things differently to show their value and stand out.

By Theresa Bursey
A crypto-friendlier SEC says meme coins aren't securities
ALTERNATIVES FEB 28, 2025
A crypto-friendlier SEC says meme coins aren't securities

So-called meme coins, including those launched by the president and first lady, fail the SEC's Howey Test, the agency said.

By Emile Hallez
Principal Asset Management names Brant Wong head of retirement solutions
RETIREMENT PLANNING FEB 28, 2025
Principal Asset Management names Brant Wong head of retirement solutions

The veteran with almost 30 years of experience, mostly at JPMorgan Asset Management, will oversee a business managing nearly $320 billion in assets.

By Leo Almazora
Wells Fargo ditches net zero targets vilified by Trump administration
ESG FEB 28, 2025
Wells Fargo ditches net zero targets vilified by Trump administration

The Wall Street giant's decision to discontinue its climate pledges come amid a broader recalibration by some of the world's biggest banks.

By Bloomberg
Federal downsizing wave continues with 'significant' job cuts at Social Security Administration
RETIREMENT PLANNING FEB 28, 2025
Federal downsizing wave continues with 'significant' job cuts at Social Security Administration

Report of a Thursday memo announcing 30,000 layoffs adds to uncertainty for retirees relying on benefits.

By Leo Almazora
State Street stole a lead on rivals with new ETF, but SEC is concerned
ALTERNATIVES FEB 28, 2025
State Street stole a lead on rivals with new ETF, but SEC is concerned

The new fund has debuted on the NYSE and differs from existing options.

By Steve Randall
Which Wall Street bank accidentally sent $81 TRILLION to a customer's account?
INDUSTRY NEWS FEB 28, 2025
Which Wall Street bank accidentally sent $81 TRILLION to a customer's account?

And it wasn't the only time a 'near miss' happened, report says.

By Steve Randall
Trump rally reversal may need policymakers' intervention, says BofA
INDUSTRY NEWS FEB 28, 2025
Trump rally reversal may need policymakers' intervention, says BofA

With tariff concerns weighing on the S&P 500, action may be required.

By Bloomberg
Are we facing a bitcoin panic as currency drops 27% in six weeks?
INDUSTRY NEWS FEB 28, 2025
Are we facing a bitcoin panic as currency drops 27% in six weeks?

Crypto rout deepens as investors head for safer assets.

By Bloomberg