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Half of retirees reveal they saved less than they need for their retirement
INDUSTRY NEWS NOV 08, 2024
Half of retirees reveal they saved less than they need for their retirement

Credit card balances have increased as spending beats expectation.

By Steve Randall
Cetera’s CEO Antoniades stepping down at end of year.
RIAS NOV 07, 2024
Cetera’s CEO Antoniades stepping down at end of year.

Antoniades’ position as CEO of Cetera Financial Group has been in question since spring of 2023.

By Bruce Kelly
How Trump's second term could impact the SEC
REGULATION AND LEGISLATION NOV 07, 2024
How Trump's second term could impact the SEC

The president-elect's pledge to dismiss SEC Chair Gary Gensler on "day one" will likely not be enough to undo all his regulatory initiatives immediately.

By Leo Almazora
Massachusetts and Galvin may be looking at broker-dealers’ cash sweep programs
INDUSTRY NEWS NOV 07, 2024
Massachusetts and Galvin may be looking at broker-dealers’ cash sweep programs

Morgan Stanley reported this week that a state securities regulator has been seeking information from the firm.

By Bruce Kelly
Fed unveils November rate decision
INDUSTRY NEWS NOV 07, 2024
Fed unveils November rate decision

Policymakers at the Federal Reserve opted to lower the benchmark rate by a quarter of a percent.

By Leo Almazora
Fifth Third Wealth Advisors expands with $2B advisor team
RIAS NOV 07, 2024
Fifth Third Wealth Advisors expands with $2B advisor team

The bank-supported independent RIA is widening its reach with a Merrill Lynch alum and a new office in North Carolina.

By Leo Almazora
The 2024 InvestmentNews Women to Watch winners revealed
WOMEN ADVISOR COMMUNITY NOV 07, 2024
The 2024 InvestmentNews Women to Watch winners revealed

Leading women in the financial advisory profession came together in New York City last night to honor and celebrate achievement and resilience.

By Manal Ali
Wealth Enhancement Group snaps up $536M M&R Capital Management
RIAS NOV 07, 2024
Wealth Enhancement Group snaps up $536M M&R Capital Management

The RIA aggregator's latest deal gives it a sixth New Jersey location while pushing its assets managed to $96.6 billion.

By Leo Almazora
How could SEC priorities shift for investment managers post-election?
INDUSTRY NEWS NOV 07, 2024
How could SEC priorities shift for investment managers post-election?

Regulation experts warn day-to-day operations could be impacted.

By Steve Randall
Healthcare focused RIA extends reach with new practice group
INDUSTRY NEWS NOV 07, 2024
Healthcare focused RIA extends reach with new practice group

Florida based financial advisory firm is addressing unique industry challenges.

By Steve Randall
Broker-dealer index takes off post-election
BROKER DEALERS NOV 06, 2024
Broker-dealer index takes off post-election

The results of Tuesday’s election create tailwinds for the wealth management industry.

By Bruce Kelly
Trump re-inherits Social Security's problems, and another chance to fix them
RETIREMENT PLANNING NOV 06, 2024
Trump re-inherits Social Security's problems, and another chance to fix them

The next president has proposed cutting Social Security benefits taxes, which would deplete the system faster. Bipartisan support is needed to pass reforms, observers say.

By Emile Hallez
Before M&A, consider ‘process and culture’
RIAS NOV 06, 2024
Before M&A, consider ‘process and culture’

Several panelists highlight actionable strategies and advice for RIAs ahead of RIA Activate California. Register today!

By Josh Welsh
Harris paid the price for inflation. Now, advisors explain how to get ahead of it.
EQUITIES NOV 06, 2024
Harris paid the price for inflation. Now, advisors explain how to get ahead of it.

Wealth managers offer strategies for portfolio protection against the scourge of inflation.

By Gregg Greenberg
Raymond James strengthens Eastern US network with Edward Jones advisors
BROKER DEALERS NOV 06, 2024
Raymond James strengthens Eastern US network with Edward Jones advisors

The broker-dealer giant's latest additions in Florida, North Carolina and Georgia are starting anew at RayJay's independent advisor channel.

By Leo Almazora
NASAA eyes restrictions for "advisor" title use
REGULATION AND LEGISLATION NOV 06, 2024
NASAA eyes restrictions for "advisor" title use

The regulatory coalition is proposing revisions to its model rule governing broker-dealers, which would include aligning it with Reg BI principles.

By Leo Almazora
Trump wins… now what? Women advisors on calming clients and steering strategy
WOMEN ADVISOR COMMUNITY NOV 06, 2024
Trump wins… now what? Women advisors on calming clients and steering strategy

The morning after election night, panelists at the InvestmentNews 2024 Women Advisors Summit talk about cooling emotions and staying steady for clients.

By Manal Ali
What Trump could mean for equities and fixed income
EQUITIES NOV 06, 2024
What Trump could mean for equities and fixed income

Donald Trump will again be president next year, and with Republican majorities in Congress, some industries stand to benefit from regulatory cuts.

By Emile Hallez
RIA M&A hits all-time high in October Surprise
RIAS NOV 06, 2024
RIA M&A hits all-time high in October Surprise

Devoe's latest tracking of deal activity for the month shows 39 record-breaking transactions, including four-fifths that featured private equity.

By Leo Almazora
S&P 500 futures, dollar, Bitcoin surge as Trump declares victory
INDUSTRY NEWS NOV 06, 2024
S&P 500 futures, dollar, Bitcoin surge as Trump declares victory

Trump Trades gain as Republicans win swing states, US Senate.

By Steve Randall