News

Displaying 42972 results
How the gender wealth gap persists among unmarried Americans
INDUSTRY NEWS DEC 02, 2024
How the gender wealth gap persists among unmarried Americans

Analysis of census data exposes wealth, home equity, and retirement account ownership disparities among single mothers and unmarried women without children.

By Leo Almazora
What is XRP and why has its market cap jumped $100B in a month?
INDUSTRY NEWS DEC 02, 2024
What is XRP and why has its market cap jumped $100B in a month?

The digital asset could be in line for a lucrative ETF launch.

By Steve Randall
Consumers increased online spend for Black Friday, physical shop sales more subdued
INDUSTRY NEWS DEC 02, 2024
Consumers increased online spend for Black Friday, physical shop sales more subdued

Preliminary data reveals good start to holiday shopping season.

By Steve Randall
Most people would own more financial products if they understood them
INDUSTRY NEWS NOV 29, 2024
Most people would own more financial products if they understood them

Younger Americans most crypto savvy, but need advice on many other products.

By Steve Randall
Family offices need to evolve to meet the changing needs of wealthy clients
INDUSTRY NEWS NOV 29, 2024
Family offices need to evolve to meet the changing needs of wealthy clients

Several key pillars are identified by a report from Morgan Stanley.

By Steve Randall
Nominations open for second annual InvestmentNews Awards
INDUSTRY NEWS NOV 28, 2024
Nominations open for second annual InvestmentNews Awards

"Everybody wants to win, but everybody can't win. It was just a privilege to be nominated," one finalist said.

By Josh Welsh
Beatty flexes Schwab's RIA muscle
RIAS NOV 28, 2024
Beatty flexes Schwab's RIA muscle

John Beatty, Charles Schwab's new head of advisor services, said he believes no other custodian has more skin in the game when it comes to independent advisors and believes the RIA industry will hit $20 trillion in assets by 2034.

By James Burton
For one-fifth of polled Americans, disputes at holiday gatherings lead to estate planning fallout
INDUSTRY NEWS NOV 27, 2024
For one-fifth of polled Americans, disputes at holiday gatherings lead to estate planning fallout

Survey by Trust & Will reveals the touchiest subjects for families, and how conflict dynamics differ according to age and region.

By Leo Almazora
A trade war on the horizon complicates fixed income
FIXED INCOME NOV 27, 2024
A trade war on the horizon complicates fixed income

Investors should "stay light on your feet," the head of US fixed income at RBC says.

By Josh Welsh
BlackRock, Vanguard, and State Street sued in Republican anti-ESG action
ESG NOV 27, 2024
BlackRock, Vanguard, and State Street sued in Republican anti-ESG action

Federal complaint filed in Texas court by a consortium of 11 states argues the fund giants used their market power to pressure energy companies and ultimately hurt consumers.

By Leo Almazora
More financial advisors leave B. Riley
INDUSTRY NEWS NOV 27, 2024
More financial advisors leave B. Riley

B. Riley Financial's share price has dropped more than 68 percent over the past 12 months.

By Bruce Kelly
Edward Jones advisors depart for Equitable, Avantax
ADVISOR MOVES NOV 27, 2024
Edward Jones advisors depart for Equitable, Avantax

The defectors, separately located in the Chicagoland and Texas, reportedly managed more than $260 million combined.

By Leo Almazora
Massachusetts planner sanctioned for misleading client about $228k annuity purchase
INDUSTRY NEWS NOV 27, 2024
Massachusetts planner sanctioned for misleading client about $228k annuity purchase

Most of the proceeds withdrawn from the client's IRA actually went to an account and was used for a third party's benefit, according to CFP Board order.

By Leo Almazora
Another InvestCloud veteran joins Communify Fincentric's C-suite
FINTECH NOV 27, 2024
Another InvestCloud veteran joins Communify Fincentric's C-suite

The fintech startup's latest executive hire will lead its efforts in building next-generation portals for clients and advisors while building a new foothold in Florida.

By Leo Almazora
North Square affiliate CS McKee to add around $2.3B AUM from new acquisition
INDUSTRY NEWS NOV 27, 2024
North Square affiliate CS McKee to add around $2.3B AUM from new acquisition

Deal also sees leader returning to the firm where he started his career.

By Steve Randall
US equities, high yield bonds could be a winning combination in 2025
INDUSTRY NEWS NOV 27, 2024
US equities, high yield bonds could be a winning combination in 2025

Northern Trust Asset Management looks ahead to the new year.

By Steve Randall
For many Americans who took early retirement, it wasn't their choice
INDUSTRY NEWS NOV 27, 2024
For many Americans who took early retirement, it wasn't their choice

Only a small share of those who retired before 65 did so due to financial ability.

By Steve Randall
Give millennials participation trophies for effort, author says
RIAS NOV 26, 2024
Give millennials participation trophies for effort, author says

How advisors communicate with people in different age groups matters, as what they value in a professional's experience isn't necessarily the same, generational speaker Cam Martson said.

By Emile Hallez
Stocks will rise in 2025, predict four-fifths of advisors
INDUSTRY NEWS NOV 26, 2024
Stocks will rise in 2025, predict four-fifths of advisors

Post-election poll unpacks expectations around the S&P 500, odds of a correction, and strategies to navigate market risks.

By Leo Almazora
Fidelity to move RIA clients' sweep balances to in-house product
RIAS NOV 26, 2024
Fidelity to move RIA clients' sweep balances to in-house product

"Cash options are in use because people don't know that there's a better option," one fintech CEO said.

By Josh Welsh