Advisor News

Displaying 26713 results
Corporate pension surpluses continue to grow, second quarter stats reveal
RETIREMENT PLANNING JUL 02, 2025
Corporate pension surpluses continue to grow, second quarter stats reveal

Three separate reports support positive outlook for plans.

By Steve Randall
Raymond James hauls Ameriprise advisors managing $1.1B in New York
INDEPENDENT BROKER DEALERS JUL 02, 2025
Raymond James hauls Ameriprise advisors managing $1.1B in New York

Elsewhere, Sanctuary Wealth recently attracted a $225 million team from Edward Jones in Colorado.

By Leo Almazora
Cetera debuts new alts allocation portfolios for accredited investors
ALTERNATIVES JUL 02, 2025
Cetera debuts new alts allocation portfolios for accredited investors

The giant hybrid RIA is elevating its appeal to advisors with a curated suite of alternative investment models, offering exposure to private equity, private credit, and real estate.

By Leo Almazora
Steward Partners expands in California with $1.1 billion RIA acquisition
RIA NEWS JUL 02, 2025
Steward Partners expands in California with $1.1 billion RIA acquisition

The $40 billion RIA firm's latest West Coast deal brings a veteran with over 25 years of experience to its legacy division for succession-focused advisors.

By Leo Almazora
Invictus managers withhold $10M, trigger ERISA asset showdown
LIFE INSURANCE AND ANNUITIES JUL 02, 2025
Invictus managers withhold $10M, trigger ERISA asset showdown

Invictus fund managers allegedly kept $10 million in plan assets after removal, setting off a legal fight that raises red flags for wealth firms.

By Matthew Sellers
Maliah elevated to investment banking chair at Goldman
WIREHOUSES JUL 02, 2025
Maliah elevated to investment banking chair at Goldman

Executive holds regional roles in Asia but will add global responsibilities.

By Bloomberg
In an AI world, investors still look for the human touch
OPINION JUL 01, 2025
In an AI world, investors still look for the human touch

AI is no replacement for trusted financial advisors, but it can meaningfully enhance their capabilities as well as the systems they rely on.

By Stuart Feld
This viral motivational speaker can also be your Prudential financial advisor
INDEPENDENT BROKER DEALERS JUL 01, 2025
This viral motivational speaker can also be your Prudential financial advisor

Prudential's Jordan Toma is no "Finfluencer," but he is a registered financial advisor with four million social media followers and a message of overcoming personal struggles that's reached kids in 150 school across the US.

By Andrew Cohen
Fintech bytes: GReminders and Advisor CRM announce AI-related updates
FINTECH JUL 01, 2025
Fintech bytes: GReminders and Advisor CRM announce AI-related updates

GReminders is deepening its integration partnership with a national wealth firm, while Advisor CRM touts a free new meeting tool for RIAs.

By Leo Almazora
SEC charges barred ex-Merrill broker behind Bain Capital private equity fraud
REGULATION AND LEGISLATION JUL 01, 2025
SEC charges barred ex-Merrill broker behind Bain Capital private equity fraud

The Texas-based former advisor reportedly bilked clients out of millions of dollars, keeping them in the dark with doctored statements and a fake email domain.

By Leo Almazora
Trump's tax bill passes senate in hard-fought victory for Republicans
REGULATION AND LEGISLATION JUL 01, 2025
Trump's tax bill passes senate in hard-fought victory for Republicans

The $3.3 trillion tax and spending cut package narrowly got through the upper house, with JD Vance casting the deciding vote to overrule three GOP holdouts.

By Bloomberg
Advisor moves: LPL adds ex-Osaic advisor in Fresno, RBC plants a new stake in Nashville
INDEPENDENT BROKER DEALERS JUL 01, 2025
Advisor moves: LPL adds ex-Osaic advisor in Fresno, RBC plants a new stake in Nashville

Meanwhile, a Minnesota-based advisor from Edward Jones has found a new home within Osaic.

By Leo Almazora
RIA news: Focus expands down under, Mercer welcomes women-led RIA
RIA NEWS JUL 01, 2025
RIA news: Focus expands down under, Mercer welcomes women-led RIA

Meanwhile, Carson Group extends its acquisition strategy with a Maryland-based advisory practice.

By Leo Almazora
'Independence Series': Staff up before taking off
PRACTICE MANAGEMENT (GORIA) JUL 01, 2025
'Independence Series': Staff up before taking off

Financial advisor Craig Robson shares the lessons he learned after leaving Merrill Lynch to set up his own practice in the fourth installment of InvestmentNews' new 'Independence Stories' series.

By Gregg Greenberg
What does a typical financial advisory firm look like today?
INDEPENDENT BROKER DEALERS JUL 01, 2025
What does a typical financial advisory firm look like today?

With an aging advisor population, report looks at demographics, structures.

By Steve Randall
Holtschlag joins LPL Financial to spearhead a specific area of growth
INDEPENDENT BROKER DEALERS JUL 01, 2025
Holtschlag joins LPL Financial to spearhead a specific area of growth

Formerly Fidelity Investments leader will drive move to comprehensive services.

By Steve Randall
Big tech loses as Senate backs state-level regulation of AI
REGULATION AND LEGISLATION JUL 01, 2025
Big tech loses as Senate backs state-level regulation of AI

Lawmakers decided not to agree compromise proposal in Trump tax bill.

By Bloomberg
JPMorgan says it's still committed to climate transition financing
WIREHOUSES JUL 01, 2025
JPMorgan says it's still committed to climate transition financing

Despite a tricky political environment, the Wall Street bank still has a goal.

By Bloomberg
Will Congress open the door to more private market opportunities?
REGULATION AND LEGISLATION JUN 30, 2025
Will Congress open the door to more private market opportunities?

A House bill could stop the SEC from blocking closed-end funds' private fund investments.

Northern Trust names new West Region president for wealth
WIREHOUSES JUN 30, 2025
Northern Trust names new West Region president for wealth

The new regional leader brings nearly 25 years of experience as the firm seeks to tap a complex and evolving market.

By Leo Almazora