The $500 billion RIA aggregator is rolling out Jump’s AI assistant across its affiliate firms after pilot testing showed advisors reduced task time by 70%.
Clients have claimed Jim Walesa sold unsuitable investments in businesses he also owned and managed.
Thing your staff are ‘good’ at AI? Think again...
With a shrinking pool of publicly listed firms and lower barriers to entry, the case to diversify client portfolios with private investments is stronger than ever.
The deal for RBA would add a $20 billion macro shop and fresh model portfolio firepower to the active manager, which itself is the object of a take-private acquisition.
New research finds AI utilization more than doubled but deeper integration still lags.
Board boosts JPMorgan chief’s compensation, testing investor tolerance for blockbuster pay as growth slows and political scrutiny of Wall Street intensifies.
Mega-firms are hardwiring portfolio, planning and estate tools into their core platforms to defend market share and deepen high‑net‑worth relationships.
A new report finds 22.5% of Commonwealth’s advisors left after its sale to LPL Financial, raising questions about whether the firm’s touted 90% retention target refers to advisor headcount or assets.
The lawsuit, which also names CEO Jamie Dimon, claims the bank abruptly and unjustly closed long-standing Trump accounts after Jan. 6.
Fund allegedly touted penny stock on Twitter while secretly dumping over a billion shares.
Research from F2 Strategy shows advisors sharply divided in how they deploy tech for alternatives, AI, custody
Also, Allworth expands with a $500 million-plus team in Texas, while two former colleagues find independence at Carson Group.
InvestmentNews speaks with digital chief Vik Luthra about how AI is transforming the industry.
Enforcement staff are calling for sanctions over failures to supervise thousands of trades leading to $2.9 million in costs and $1.2 million in realized losses.
There is no shortage of predictions as to how AI will benefit advisors in coming years. CogniCor founder and CEO Sindhu Joseph explains how AI can help wealth managers in 2026.
He allegedly guaranteed no losses. His clients lost up to 89% of their money.
Their manuals claimed no violations. Their contracts said otherwise.
Nine-year delay dooms firefighters' attack on how Kenneth Moelis controls his investment bank.
From CIT access in 403(b) plans to alternative investments and tougher fiduciary expectations, retirement head sees a true inflection point for DC plans.
