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RIAs considering more private credit in portfolios: Study
RIAS APR 18, 2024
RIAs considering more private credit in portfolios: Study

Advisors like its high yield potential, better risk-adjusted returns and diversification benefits, according to the survey.

By Josh Welsh
Employers falling short of workers’ benefits expectations
RETIREMENT PLANNING APR 18, 2024
Employers falling short of workers’ benefits expectations

Two national surveys examining employer-provided plans point to gaps in retirement confidence and health benefits.

By Leo Almazora
What’s a 401(k)? Two-fifths of Americans admit they don’t know
RETIREMENT PLANNING APR 18, 2024
What’s a 401(k)? Two-fifths of Americans admit they don’t know

National poll reveals worrying knowledge gaps, demographic differences in financial habits, and popular money-saving strategies.

By Leo Almazora
Miracle Mile names new chief investment officer
RIAS APR 18, 2024
Miracle Mile names new chief investment officer

The Los Angeles-based RIA’s latest hire will steer its investment research initiatives as the firm continues to court high-net-worth clients.

By Leo Almazora
Bankrupt GWG bonds not right for anyone: Finra arbitrator
ALTERNATIVES APR 18, 2024
Bankrupt GWG bonds not right for anyone: Finra arbitrator

By 2020, 'GWG had shown years of losses and large negative cash flows,' a securities arbitrator writes.

By Bruce Kelly
As EV adoption races higher, is it time to charge into electricity investments?
INDUSTRY NEWS APR 18, 2024
As EV adoption races higher, is it time to charge into electricity investments?

The three hottest investment areas over the past few years – crypto, AI and EVs – all require a ton of electricity.

By Gregg Greenberg
Raymond James welcomes ex-Morgan Stanley advisor
ADVISOR MOVES APR 18, 2024
Raymond James welcomes ex-Morgan Stanley advisor

The California-based advisor caters to clients in the tech and biotechnology spaces.

By Leo Almazora
LPL signs $200M duo from Wells Fargo
BROKER DEALERS APR 18, 2024
LPL signs $200M duo from Wells Fargo

Based in Texas, the two are starting their own practice, with one advisor’s father joining the team.

By Leo Almazora
Steward adds $488M with twin acquisitions
INDUSTRY NEWS APR 18, 2024
Steward adds $488M with twin acquisitions

The hybrid’s new deals expand its presence in the Virginia and Ohio markets.

By Leo Almazora
What gets Finra's head of enforcement out of bed in the morning?
REGULATION AND LEGISLATION APR 18, 2024
What gets Finra's head of enforcement out of bed in the morning?

The regulator's Bill St. Louis has been sharing his priorities.

By Steve Randall
HSA enrollees use health care services differently than those with PPOs, research shows
INDUSTRY NEWS APR 18, 2024
HSA enrollees use health care services differently than those with PPOs, research shows

EBRI research also looks at spending for the two types of plan.

By Steve Randall
Sotheby's claims a first with $700M securitization backed by art-secured loans
INDUSTRY NEWS APR 18, 2024
Sotheby's claims a first with $700M securitization backed by art-secured loans

Art financing unit announces groundbreaking milestone.

By Steve Randall
Correction for Nvidia, chip stocks index
INDUSTRY NEWS APR 18, 2024
Correction for Nvidia, chip stocks index

The darlings of the market in recent years are facing challenges.

By Bloomberg
Fed's slower pace spreads to emerging markets
INDUSTRY NEWS APR 18, 2024
Fed's slower pace spreads to emerging markets

Rate cut bets in major Asian markets have eased.

By Bloomberg
Chili Peppers, Neil Young fund sells $2B catalog for a song
INDUSTRY NEWS APR 18, 2024
Chili Peppers, Neil Young fund sells $2B catalog for a song

Concord to buy struggling Hipgnosis fund for around $1.4B.

By Bloomberg
What Americans don't know about finance is costing them dearly
INDUSTRY NEWS APR 17, 2024
What Americans don't know about finance is costing them dearly

Poll of 2,000 US adults finds financial knowledge gaps lead to thousands of dollars in losses, especially for Gen Z and millennials.

By Leo Almazora
Senators push back against SEC climate rule
ESG APR 17, 2024
Senators push back against SEC climate rule

More than 30 senators are supporting a measure that would overturn the regulator’s climate disclosure rule.

By Leo Almazora
SEC dings Minnesota investment manager over pay-to-play conflict
RIAS APR 17, 2024
SEC dings Minnesota investment manager over pay-to-play conflict

'Is four grand really going to influence a politician’s thinking?' one consultant asks.

By Bruce Kelly
Spontaneous DAF contributions ignite more giving
INDUSTRY NEWS APR 17, 2024
Spontaneous DAF contributions ignite more giving

Vanguard Charitable research spanning tens of thousands of donor-advised fund accounts reveals the catalytic impact of gifts.

By Leo Almazora
Trump Media: A great stock to avoid altogether, advisors say
INDUSTRY NEWS APR 17, 2024
Trump Media: A great stock to avoid altogether, advisors say

Stock is a 'great way to destroy wealth' but that may not stop some of the former president's supporters.

By Emile Hallez