News

Displaying 43097 results
Stocks gain ahead of US jobs report
EQUITIES SEP 01, 2023
Stocks gain ahead of US jobs report

Markets await signal for economy and likely Fed direction.

By Bloomberg
Bitcoin ETF approval will spark a battle for lowest fees
ALTERNATIVES SEP 01, 2023
Bitcoin ETF approval will spark a battle for lowest fees

With the products looking similar, fees will be the difference.

By Bloomberg
Apollo Global positions for family office push
INDUSTRY NEWS SEP 01, 2023
Apollo Global positions for family office push

The firm has hired a BlackRock veteran to spearhead the advance.

By Bloomberg
Barclays directly targets private credit funds
INDUSTRY NEWS SEP 01, 2023
Barclays directly targets private credit funds

The bank has set aside cash to fund corporate debt purchase.

By Bloomberg
What proxy votes show about how dead ESG is
OPINION AUG 31, 2023
What proxy votes show about how dead ESG is

Support is down among big fund companies, but they haven't really changed their stances, and they're far from leading on sustainability issues.

By Emile Hallez
SEC defers decision on Invesco, WisdomTree bitcoin ETFs
ALTERNATIVES AUG 31, 2023
SEC defers decision on Invesco, WisdomTree bitcoin ETFs

The latest delay came as a disappointment after Grayscale won a court ruling this week overturning the SEC's rejection of its application to convert its bitcoin trust into an ETF.

By Bloomberg
Sorry, Fed Chair Powell, financial advisors watch their own economic indicators
INDUSTRY NEWS AUG 31, 2023
Sorry, Fed Chair Powell, financial advisors watch their own economic indicators

Advisors rely on signposts including the volume of calls they're getting from worried clients and how full the parking lot is at the mall.

By Gregg Greenberg
LPL snatches $280m advisory team from Cetera
BROKER DEALERS AUG 31, 2023
LPL snatches $280m advisory team from Cetera

Legacy Wealth Advisors was looking for an easier place to do business and differentiated service, founder Kevin Loyd said.

By Ryan W. Neal
Years of planning come to a head as Schwab's TD migration approaches
RIAS AUG 31, 2023
Years of planning come to a head as Schwab's TD migration approaches

InvestmentNews gains behind-the-scenes access to gauge the mood of execs and advisors as firm prepares to transition 7,000 RIAs and nearly 4 million client accounts.

By Ryan W. Neal
UBS plans cost cuts after $29B Credit Suisse windfall
WIREHOUSES AUG 31, 2023
UBS plans cost cuts after $29B Credit Suisse windfall

The firm is targeting 3,000 domestic job cuts and more than $10 billion in cost savings.

By Bloomberg
UBS just smashed JPMorgan's record for quarterly bank profit
WIREHOUSES AUG 31, 2023
UBS just smashed JPMorgan's record for quarterly bank profit

Global firm's wealth management unit was among its star performers.

By Steve Randall
State Street investor confidence index posts biggest jump in 18 months
INDUSTRY NEWS AUG 31, 2023
State Street investor confidence index posts biggest jump in 18 months

The Americas lead gains across all regions as risk appetite grows.

By Steve Randall
Stocks gain as investors take 'bad news is good news' approach
INDUSTRY NEWS AUG 31, 2023
Stocks gain as investors take 'bad news is good news' approach

Traders are hoping weaker data will stall the Fed's aggressive monetary policy.

By Bloomberg
Why traders are ditching the euro
INDUSTRY NEWS AUG 31, 2023
Why traders are ditching the euro

The eurozone economy continues to struggle with inflationary pressures.

By Bloomberg
Portfolio Advisors partners with global investment firm for private markets offering
ALTERNATIVES AUG 31, 2023
Portfolio Advisors partners with global investment firm for private markets offering

The Connecticut-headquartered firm will help its partner to extend its offering for selected wealth management clients.

By Steve Randall
Engage with what scares you — it’ll grow your business
WOMEN ADVISOR COMMUNITY AUG 30, 2023
Engage with what scares you — it’ll grow your business

Sheryl Hickerson, CEO of Females & Finance and judge for the upcoming InvestmentNews Women to Watch Awards, explains how to make the most of your conference experience.

By Manal Ali
NASAA launches program letting advisors maintain licenses longer while out of industry
PRACTICE MANAGEMENT AUG 30, 2023
NASAA launches program letting advisors maintain licenses longer while out of industry

'As a mother of three young kids ... I am so pleased to see NASAA recognizing the need for some flexibility,' an advisor says.

By Mark Schoeff Jr.
What kind of relationship do you and your acquirer have?
RIAS AUG 30, 2023
What kind of relationship do you and your acquirer have?

What's becoming evident is how tricky it is for wealth management firms to make the right match.

By Bruce Kelly
LPL snaps up advisory team with $350 million in assets
BROKER DEALERS AUG 30, 2023
LPL snaps up advisory team with $350 million in assets

The Scottsdale, Arizona-based duo, who have a combined four decades of wealth management experience, join from Valic Financial Advisors

By Lauren Johnson
Raymond James adds $335M team from Edward Jones
BROKER DEALERS AUG 30, 2023
Raymond James adds $335M team from Edward Jones

Indiana-based Pendill Wealth Management has offices in Bloomington and Mooresville.

By InvestmentNews