News

Displaying 43030 results
Weak yen has been good for equity investors, but now it's a risk
INDUSTRY NEWS APR 24, 2024
Weak yen has been good for equity investors, but now it's a risk

Japan's currency continues to depreciate and it’s causing issues.

By Bloomberg
Nationwide’s Eric Henderson set to step down
RETIREMENT PLANNING APR 23, 2024
Nationwide’s Eric Henderson set to step down

The president of the financial giant’s annuity business is exiting at the end of 2024, capping off a transformative four-decade career.

By Leo Almazora
Advisor recruiting getting "irrational," says Ameriprise CEO
RIAS APR 23, 2024
Advisor recruiting getting "irrational," says Ameriprise CEO

"I do believe that the market is very competitive," says Ameriprise CEO Cracchiolo.

By Bruce Kelly
LPL expands in Delaware with $415M team
BROKER DEALERS APR 23, 2024
LPL expands in Delaware with $415M team

The breakaway advisor group joining the broker-dealer arrives from PNC Investments.

By Leo Almazora
Showtime for HSBC’s wealth strategy as it unveils NYC office
INDUSTRY NEWS APR 23, 2024
Showtime for HSBC’s wealth strategy as it unveils NYC office

The banking services giant is making a statement to high-net-worth and ultra-affluent individuals with its flagship center in New York.

By Leo Almazora
Fidelity hits HSA record amid assets, adoption boom
RETIREMENT PLANNING APR 23, 2024
Fidelity hits HSA record amid assets, adoption boom

Firm is now the second-largest provider of health savings accounts, with HAS assets quadrupling to $24B since 2020.

By Leo Almazora
Speed of DOL fiduciary rule rollout branded 'unAmerican'
RETIREMENT PLANNING APR 23, 2024
Speed of DOL fiduciary rule rollout branded 'unAmerican'

Opponents left disappointed after final rule released, DOL accused of 'conducting an ideological campaign to ban commissions'.

By Emile Hallez
Poll shows Americans lack action when it comes to estate planning
PRACTICE MANAGEMENT APR 23, 2024
Poll shows Americans lack action when it comes to estate planning

Survey of US adults finds stunning shortfalls, with behavioral differences running along gender, wealth, and generational lines.

By Leo Almazora
Investors want ‘more personalization’ when it comes to ESG
RIAS APR 23, 2024
Investors want ‘more personalization’ when it comes to ESG

Greenwashing scared off many investors but advisor says the key is helping clients gain a deeper understanding of what matters to them.

By Josh Welsh
American teens stressed about their parents' finances and their own
INDUSTRY NEWS APR 23, 2024
American teens stressed about their parents' finances and their own

Most want to know more about money to avoid the pitfalls.

By Steve Randall
EQT focuses on growth for private wealth business with new Americas head
INDUSTRY NEWS APR 23, 2024
EQT focuses on growth for private wealth business with new Americas head

The Swedish investment firm has four offices in the US.

By Steve Randall
Buy the dip in global stocks: Citigroup
INDUSTRY NEWS APR 23, 2024
Buy the dip in global stocks: Citigroup

Strategists say equities have increased their appeal.

By Bloomberg
Investors in 'disappointing' funds pioneered by Ray Dalio demand exit
INDUSTRY NEWS APR 23, 2024
Investors in 'disappointing' funds pioneered by Ray Dalio demand exit

Risk-parity funds promised a lot, but investors want their money back.

By Bloomberg
Gold in decline after biggest one-day drop in two years
INDUSTRY NEWS APR 23, 2024
Gold in decline after biggest one-day drop in two years

Geopolitics and higher-for-longer rates are weakening demand.

By Bloomberg
Binance's bitcoin trading market share tumbles as rivals gain
INDUSTRY NEWS APR 23, 2024
Binance's bitcoin trading market share tumbles as rivals gain

World's largest crypto platform's share of trades drops from 81% to 55%.

By Bloomberg
Solid start to wealth management deals in 2024: report
RIAS APR 22, 2024
Solid start to wealth management deals in 2024: report

"We’re seeing continued deal flow of mid-sized and smaller RIAs, along with broker-dealers, too," one banker said.

By Bruce Kelly
Should advisors be looking for gold alternatives?
INDUSTRY NEWS APR 22, 2024
Should advisors be looking for gold alternatives?

Gold has been shining this year, but there are other precious metals that advisors may want to consider adding to portfolios.

By Gregg Greenberg
LPL lands breakaway advisor from Merrill Lynch
BROKER DEALERS APR 22, 2024
LPL lands breakaway advisor from Merrill Lynch

The broker-dealer giant broadens its presence in Texas with the launch of an $820M multigenerational high-net-worth practice.

By Leo Almazora
Ritholtz Wealth expands its California footprint
RIAS APR 22, 2024
Ritholtz Wealth expands its California footprint

The $4B RIA has announced the opening of a new office branch in Los Angeles, led by a 15-year industry veteran.

By Leo Almazora
Alpha Capital taps industry vet as portfolio management lead
RIAS APR 22, 2024
Alpha Capital taps industry vet as portfolio management lead

The outsourced family office, headquartered in Colorado, is welcoming an UHNW wealth advisor who managed more than $500M at Northern Trust.

By Leo Almazora