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Franklin Templeton investment professionals more optimistic than at start of 2024
INDUSTRY NEWS JUN 17, 2024
Franklin Templeton investment professionals more optimistic than at start of 2024

The firm's survey of its global teams shows improved sentiment on economy, assets.

By Steve Randall
US has taken almost one third of global capital flow since Covid
INDUSTRY NEWS JUN 17, 2024
US has taken almost one third of global capital flow since Covid

IMF analysis shows strength of FDI into the economy.

By Bloomberg
Oil continues higher following last week's gain
INDUSTRY NEWS JUN 17, 2024
Oil continues higher following last week's gain

But longer-term production outlook is keeping trader cautious

By Bloomberg
Bill Gates chooses nuclear option for multi-billion-dollar investment
INDUSTRY NEWS JUN 17, 2024
Bill Gates chooses nuclear option for multi-billion-dollar investment

His startup firm is building a power plant in Wyoming.

By Bloomberg
US seniors lost a reported $1.2B to investment fraud in 2023
INDUSTRY NEWS JUN 14, 2024
US seniors lost a reported $1.2B to investment fraud in 2023

FBI report unpacks impact of investment fraud, crypto scams, and romance scams on elderly Americans.

By Leo Almazora
Wells Fargo latest to be sued over forfeited 401(k) money
RETIREMENT PLANNING JUN 14, 2024
Wells Fargo latest to be sued over forfeited 401(k) money

A proposed class action accuses the company of violating ERISA for its $45.8 billion 401(k) plan.

By Emile Hallez
With an ocean of resources, investors are surfing their way to confidence
INDUSTRY NEWS JUN 14, 2024
With an ocean of resources, investors are surfing their way to confidence

Schwab survey shows optimism cutting across generations as investment advice, education, and tools become more available.

By Leo Almazora
Steward Partners CEO tackles AI, M&A and hybrid RIAs
RIAS JUN 14, 2024
Steward Partners CEO tackles AI, M&A and hybrid RIAs

Steward CEO Jim Gold sits down with InvestmentNews to weigh in on the top trends moving the RIA space.

By Gregg Greenberg
Trump tax proposals would spark "mother of all stagflations," warns Larry Summers
INDUSTRY NEWS JUN 14, 2024
Trump tax proposals would spark "mother of all stagflations," warns Larry Summers

The former US Treasury secretary blasts the policy platform of tariff hikes, income tax cuts, and Federal Reserve pressure.

By Bloomberg
Raymond James welcomes ex-Wells Fargo advisor in New Mexico
BROKER DEALERS JUN 14, 2024
Raymond James welcomes ex-Wells Fargo advisor in New Mexico

The wealth giant’s newest breakaway addition in the Sun Belt state reportedly managed $115M at the wirehouse.

By Leo Almazora
Advisors' E&O insurance premiums have fallen sharply for one risk asset group
INDUSTRY NEWS JUN 14, 2024
Advisors' E&O insurance premiums have fallen sharply for one risk asset group

RIAs wanting to add cryptos and other digital assets to portfolios are in luck.

By Steve Randall
Gen Xers are headed for retirement but many have financial regrets
INDUSTRY NEWS JUN 14, 2024
Gen Xers are headed for retirement but many have financial regrets

Allianz Life survey finds concerning gaps in retirement readiness.

By Bloomberg
Is the crypto boom running out of steam?
INDUSTRY NEWS JUN 14, 2024
Is the crypto boom running out of steam?

Bitcoin returns weaker than stocks, bonds, gold.

By Bloomberg
Alternative asset managers M&A is gathering pace
INDUSTRY NEWS JUN 14, 2024
Alternative asset managers M&A is gathering pace

Bigger firms mean more capital, new opportunities.

By Bloomberg
JPMorgan believes currency carry trades could lose appeal
INDUSTRY NEWS JUN 14, 2024
JPMorgan believes currency carry trades could lose appeal

Volatility and the Fed's rates policy may weaken potential.

By Bloomberg
Off-channel communications a struggle for most financial firms, says global report
INDUSTRY NEWS JUN 13, 2024
Off-channel communications a struggle for most financial firms, says global report

Annual study unpacks compliance headaches and concerns around WhatsApp, electronic communications, social media, and AI.

By Leo Almazora
AAPI individuals lead in asset ownership and income
INDUSTRY NEWS JUN 13, 2024
AAPI individuals lead in asset ownership and income

Analysis of census data finds Asian American and Pacific Islanders tend to exceed other groups on several financial fronts.

By Leo Almazora
Is growth stock domination coming to an end?
INDUSTRY NEWS JUN 13, 2024
Is growth stock domination coming to an end?

Value stocks have had a rough time over the past few years. Some advisors see a change at hand.

By Gregg Greenberg
SEC bars ex-LPL advisor who aided special needs rep's trading scheme
BROKER DEALERS JUN 13, 2024
SEC bars ex-LPL advisor who aided special needs rep's trading scheme

'Lie, whatever you have to do, to get those trades placed,' one advisor said to the other, according to the SEC.

By Bruce Kelly
Northwestern Mutual unveils C-suite changes in strategic realignment
INDUSTRY NEWS JUN 13, 2024
Northwestern Mutual unveils C-suite changes in strategic realignment

Four key leaders are getting new titles and mandates as the firm sharpens its focus on wealth amid an impending CEO succession.

By Leo Almazora