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Stocks rise as US inflation data still suggest rate cuts
EQUITIES APR 01, 2024
Stocks rise as US inflation data still suggest rate cuts

As rise in key measure cools, investors bet Fed will cut this year.

By Bloomberg
World Bank warns of slowdown for APAC economies
INDUSTRY NEWS APR 01, 2024
World Bank warns of slowdown for APAC economies

China is among the economies where GDP is expected to weaken.

By Bloomberg
SEC tightens rules on robo-advisor registration
FINTECH MAR 29, 2024
SEC tightens rules on robo-advisor registration

The rule revamp fills a gap in an early-2000s exemption that let investment advisors use websites as ‘props,’ says SEC Chair Gary Gensler.

By Leo Almazora
A firm designed for the digital age
WOMEN ADVISOR COMMUNITY MAR 29, 2024
A firm designed for the digital age

Virtual meetings have personalized relationships with clients, says Rianka Dorsainvil, co-founder of 2050 Wealth Partners.

By Emily Douglas
‘In my ethos, it’s about … how you impact the world’
RIAS MAR 29, 2024
‘In my ethos, it’s about … how you impact the world’

An attorney by background, Grant Rawdin says a dedication to the client’s best interests is at the heart of what he does.

By Emily Douglas
Cetera bolsters credit union commitment with new council
INDUSTRY NEWS MAR 28, 2024
Cetera bolsters credit union commitment with new council

Seven founding members from Cetera’s credit union partners are coming together in a forum to improve wealth offerings in the sector.

By Leo Almazora
Are 401(k)s the ultimate retirement plan?
RETIREMENT PLANNING MAR 28, 2024
Are 401(k)s the ultimate retirement plan?

Advisors weigh in on the impact the DOL’s retirement security rule will have on 401(k) plans and retirement.

By Josh Welsh
Raymond James signs $243M advisor from Wells Fargo
BROKER DEALERS MAR 28, 2024
Raymond James signs $243M advisor from Wells Fargo

The industry veteran with two decades of experience will reinforce the brokerage firm's presence in Tennessee.

By Leo Almazora
Omaha senior loses thousands to Dave Ramsey impostor
INDUSTRY NEWS MAR 28, 2024
Omaha senior loses thousands to Dave Ramsey impostor

A scammer lured the 72-year-old into a fraudulent bitcoin investment by spoofing the advisor-cum-radio show host’s website.

By Leo Almazora
Bankman-Fried gets 25 years in prison for FTX fraud
REGULATION AND LEGISLATION MAR 28, 2024
Bankman-Fried gets 25 years in prison for FTX fraud

'There is a risk that this man will be in a position to do something very bad in the future,' the judge says. 'And it’s not a trivial risk. Not a trivial risk at all.'

By Bloomberg
Kestra Financial unveils partnership with $600M firm
ADVISOR MOVES MAR 28, 2024
Kestra Financial unveils partnership with $600M firm

Based in New York, the multigenerational HNW practice expects to build on its meteoric growth record while elevating its service offerings.

By Leo Almazora
Wealth Enhancement Group gains ground in Florida
RIAS MAR 28, 2024
Wealth Enhancement Group gains ground in Florida

The firm has acquired a $226 million RIA, landing its 12th office in the Southeastern wealth hot spot.

By Leo Almazora
LPL welcomes $250M team from Wells Fargo
BROKER DEALERS MAR 28, 2024
LPL welcomes $250M team from Wells Fargo

The Brick, New Jersey-based team includes a veteran advisor and two siblings.

By Leo Almazora
B. Riley gets extension to file audited financials
BROKER DEALERS MAR 28, 2024
B. Riley gets extension to file audited financials

The firm has been given until April 29 under its existing credit agreement with Nomura Holdings, it said in a filing.

By Bloomberg
AI is facilitating financial fraud, Treasury warns
REGULATION AND LEGISLATION MAR 28, 2024
AI is facilitating financial fraud, Treasury warns

Advances in artificial intelligence make it easier for criminals to impersonate customers and craft increasingly sophisticated email phishing attacks, according to a report.

By Bloomberg
US investors still willing to trade returns for impact despite declining interest
INDUSTRY NEWS MAR 28, 2024
US investors still willing to trade returns for impact despite declining interest

Impact investing is showing weakness in international markets too.

By Steve Randall
Altruist launches high-yield cash product for advisors
INDUSTRY NEWS MAR 28, 2024
Altruist launches high-yield cash product for advisors

The new product arrives as saving rates and returns are subdued.

By Steve Randall
New records for stocks as quarterly gain approaches
INDUSTRY NEWS MAR 28, 2024
New records for stocks as quarterly gain approaches

Global equities advance but markets await Fed inflation data.

By Bloomberg
No rush to cut rates, says hawkish Fed governor
INDUSTRY NEWS MAR 28, 2024
No rush to cut rates, says hawkish Fed governor

Christopher Waller says recent inflation data have been disappointing.

By Bloomberg
Blackstone CEO bullish on private credit
INDUSTRY NEWS MAR 28, 2024
Blackstone CEO bullish on private credit

Steve Schwarzman eyes healthcare, real estate for expansion.

By Bloomberg