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The 2025 InvestmentNews Awards Excellence Awardees revealed
INDUSTRY NEWS APR 29, 2025
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

By Leo Almazora
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
RIAS APR 29, 2025
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
ALTERNATIVES APR 29, 2025
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

By Bruce Kelly
Record RIA M&A activity marks strong start to 2025
RIAS APR 29, 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

By Jonalyn Cueto
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
INDUSTRY NEWS APR 29, 2025
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

By InvestmentNews Staff
Merit Financial Advisors expands digital reach with acquisition
RIAS APR 29, 2025
Merit Financial Advisors expands digital reach with acquisition

Firm grows assets to $12.27 billion with latest deal.

By Jonalyn Cueto
Tax cuts should be passed by July 4, Bessent says
INDUSTRY NEWS APR 29, 2025
Tax cuts should be passed by July 4, Bessent says

Treasury secretary's deadline called 'aspirational' by John Thune.

By Bloomberg
Crypto ETF options expand as Amplify, ProShares launch new funds this week
ETFS APR 29, 2025
Crypto ETF options expand as Amplify, ProShares launch new funds this week

Launches include Bitcoin and newly approved futures-based XRP funds

By Steve Randall
Is Trump about to make tariff concessions for auto industry?
INDUSTRY NEWS APR 29, 2025
Is Trump about to make tariff concessions for auto industry?

Some parts for vehicles made in the US could be exempt.

By Bloomberg
Carney's Liberals set for narrow Canadian election victory
INDUSTRY NEWS APR 29, 2025
Carney's Liberals set for narrow Canadian election victory

Former central banker pledges to stand up to Trump.

By Bloomberg
Morgan Stanley sees rare forward curve for oil
INDUSTRY NEWS APR 29, 2025
Morgan Stanley sees rare forward curve for oil

Tightness followed by 'meaningful surplus' shapes futures pricing.

By Bloomberg
CS McKee names new leader as North Square firm completes Foundry acquisition
INDUSTRY NEWS APR 28, 2025
CS McKee names new leader as North Square firm completes Foundry acquisition

Firm will be merged into the CS McKee brand and adds approximately $2.3B AUM

By Steve Randall
Mother-daughter advisor duo avoids succession debt with sale to Bain Capital-backed Carson Group
RIAS APR 28, 2025
Mother-daughter advisor duo avoids succession debt with sale to Bain Capital-backed Carson Group

Debbie Taylor chose an outright sale to the Bain Capital-backed mega RIA Carson Group rather than saddling her daughter with a multi-million-dollar loan to take over Taylor Financial.

By Andrew Cohen
Cetera's job cuts to reduce 5% of staff
RIAS APR 28, 2025
Cetera's job cuts to reduce 5% of staff

Last week's layoffs totaled at least 130 Cetera employees, according to a senior industry executive.

By Bruce Kelly
Stocks rise ahead of packed week of earnings, data
INDUSTRY NEWS APR 28, 2025
Stocks rise ahead of packed week of earnings, data

Four of the Magnificent Seven will report this week.

By Bloomberg
Gold down more than 5% in less than a week
INDUSTRY NEWS APR 28, 2025
Gold down more than 5% in less than a week

Easing anxiety has seen the haven asset slide from record high.

By Bloomberg
Bond managers grapple with multiple unanswered questions
INDUSTRY NEWS APR 28, 2025
Bond managers grapple with multiple unanswered questions

Uncertainty remains challenging for Treasuries traders.

By Bloomberg
Consumers facing higher costs as Chinese firms pass on tariff burden
INDUSTRY NEWS APR 28, 2025
Consumers facing higher costs as Chinese firms pass on tariff burden

Move will raise concerns of inflationary impact of tariffs.

By Bloomberg
Americans earning under $200K could pay less tax, or perhaps nothing says Trump
INDUSTRY NEWS APR 28, 2025
Americans earning under $200K could pay less tax, or perhaps nothing says Trump

President says tariffs could see income tax ‘completely eliminated’ for some

By Steve Randall
As Magnificent 7 report earnings, demand for Nasdaq-100 in 401(k)s revealed
EQUITIES APR 28, 2025
As Magnificent 7 report earnings, demand for Nasdaq-100 in 401(k)s revealed

Alphabet exceeded expectations, but this week will reveal four more

By Steve Randall