RIA News

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Medic-focused firm gets $200M growth equity shot in the arm, makes acquisition  
RIAS RIA NEWS JUL 15, 2024
Medic-focused firm gets $200M growth equity shot in the arm, makes acquisition  

Firm aims to redefine financial services for healthcare professionals.

By Steve Randall
Goldman Sachs and the three themes: firm shares mid-year outlook
RIAS RIA NEWS JUL 15, 2024
Goldman Sachs and the three themes: firm shares mid-year outlook

Wall Street investment experts see a complex mix of opportunities, risks.

By Steve Randall
'Trump trade' intensifies in global markets
RIAS RIA NEWS JUL 15, 2024
'Trump trade' intensifies in global markets

Expectation rises of return to White House for former president.

By Bloomberg
US futures little changed amid latest geopolitical shock
RIAS RIA NEWS JUL 15, 2024
US futures little changed amid latest geopolitical shock

Increased near-term volatility is likely though.

By Bloomberg
Gunman appeared in BlackRock commercial
RIAS RIA NEWS JUL 15, 2024
Gunman appeared in BlackRock commercial

Firm says it will remove the 2022 ad from circulation.

By Bloomberg
Wall Street says climate activists' arguments are flawed
RIAS RIA NEWS JUL 15, 2024
Wall Street says climate activists' arguments are flawed

Finance firms insist they are driving the transition to clean energy.

By Bloomberg
IRS hauls more than $1B in back taxes from ultra-high earners
RIAS RIA NEWS JUL 12, 2024
IRS hauls more than $1B in back taxes from ultra-high earners

With tens of billions in funding, the federal tax agency has waged a collection campaign against thousands of delinquent seven-figure income-earners.

By Leo Almazora
REIT index returns show continued pain in real estate
RIAS RIA NEWS JUL 12, 2024
REIT index returns show continued pain in real estate

Q2 performance figures show losses in the REIT space, led by casualties in the industrial and hotel sectors.

By Leo Almazora
Wells Fargo slides as higher-than-expected costs tarnish quarterly results
RIAS RIA NEWS JUL 12, 2024
Wells Fargo slides as higher-than-expected costs tarnish quarterly results

After the disappointing data point, the lending giant suffered a single-day drop reminiscent of last year's regional banking crisis.

By Bloomberg
Wells Fargo's focus on independent advisors taking shape
ADVISOR NEWS INDEPENDENT BROKER DEALERS JUL 12, 2024
Wells Fargo's focus on independent advisors taking shape

"FiNet has made very noticeable increases in support staffing to practices," said one industry source.

By Bruce Kelly
Market watchers look ahead to party conventions with eyes on bottom line
RIAS RIA NEWS JUL 12, 2024
Market watchers look ahead to party conventions with eyes on bottom line

Financial strategists and fund managers weigh in on how the race for the White House will impact their portfolios.

By Gregg Greenberg
RBC Wealth Management expands with $640M Merrill Lynch team
RIAS RIA NEWS JUL 12, 2024
RBC Wealth Management expands with $640M Merrill Lynch team

The firm’s latest additions, led by a veteran with more than three decades’ experience, come during a pivotal transition for its broader organization.

By Leo Almazora
Arete tightens its ties with BNY Pershing
RIAS RIA NEWS JUL 12, 2024
Arete tightens its ties with BNY Pershing

The $6B IBD and RIA is expanding its partnership with new long-term agreements, including access to an integrated wealth management platform.

By Leo Almazora
JPMorgan posts profit record on Visa gain, dealmaking revival
RIAS RIA NEWS JUL 12, 2024
JPMorgan posts profit record on Visa gain, dealmaking revival

The banking giant shattered expectations across its Wall Street businesses, including $2.4B in investment banking fees.

By Bloomberg
New Technology Report closes this week
RIAS RIA NEWS JUL 12, 2024
New Technology Report closes this week

Search for the industry’s best wealth technology and software ends soon.

By IN Staff
Wealth Enhancement Group gains first foothold in Utah
RIAS RIA NEWS JUL 12, 2024
Wealth Enhancement Group gains first foothold in Utah

The national independent wealth firm has acquired a $272M planning team in Farmington, pushing its client assets past $85.7B.

By Leo Almazora
Insurance distributor appoints veteran leader for $46B wealth management unit
RIAS RIA NEWS JUL 12, 2024
Insurance distributor appoints veteran leader for $46B wealth management unit

New hire has international experience across major name financial firms.

By Steve Randall
National $25.9B AUM RIA firm launches trust company in 'favorable' jurisdiction
RIAS RIA NEWS JUL 12, 2024
National $25.9B AUM RIA firm launches trust company in 'favorable' jurisdiction

The firm says expansion of its services will be powered by technology.

By Steve Randall
S&P futures stabilize ahead of Wall Street earnings
RIAS RIA NEWS JUL 12, 2024
S&P futures stabilize ahead of Wall Street earnings

Expectation of earnings broadening out from megacap big tech.

By Bloomberg
Treasuries erase 2024 losses amid rate cut bets
RIAS RIA NEWS JUL 12, 2024
Treasuries erase 2024 losses amid rate cut bets

Inflation data is driving expectation of Fed action ahead.

By Bloomberg