RIA News

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Global markets await US economic data
RIA NEWS SEP 03, 2024
Global markets await US economic data

Several key indicators are due over the next few days.

Thousands of church workers closer to recouping $90M in misappropriated retirement funds
RIA NEWS SEP 03, 2024
Thousands of church workers closer to recouping $90M in misappropriated retirement funds

The workers and retirees lost out as retirement plan duties were not honored.

By Steve Randall
Advisor satisfaction high even as market fears grow, survey says
RIA NEWS SEP 03, 2024
Advisor satisfaction high even as market fears grow, survey says

A new investor survey from Janus Henderson shows the upcoming election is unnerving clients.

By Gregg Greenberg
Cetera extends reach in Ohio with 42-year veteran advisor
RIA NEWS AUG 30, 2024
Cetera extends reach in Ohio with 42-year veteran advisor

The independent broker-dealer’s latest addition reportedly managed $108M in AUA at Lincoln Financial Advisors.

By Leo Almazora
Fed's favored inflation metric sets the table for September
RIA NEWS AUG 30, 2024
Fed's favored inflation metric sets the table for September

Latest federal data on prices and consumer spending add further support to the case for rate cuts.

Government 'mystery shopper' finds IRA fiduciary oversight is lacking
REGULATION, LEGAL & COMPLIANCE AUG 30, 2024
Government 'mystery shopper' finds IRA fiduciary oversight is lacking

Recommendations include new process to identify prohibited transactions.

By Steve Randall
Bullishness remains elevated despite volatility as investors see sunnier times
RIA NEWS AUG 30, 2024
Bullishness remains elevated despite volatility as investors see sunnier times

Two polls of investor sentiment reveals mostly optimism.

By Steve Randall
Treasuries poised for longest winning streak in three years
RIA NEWS AUG 30, 2024
Treasuries poised for longest winning streak in three years

Traders are focusing on Fed rate cuts rather than data releases.

By Bloomberg
Goldman says dollar-to-yuan 'avalanche' is overstated
RIA NEWS AUG 30, 2024
Goldman says dollar-to-yuan 'avalanche' is overstated

Firm says Chinese companies are not yet ready to abandon the greenback.

By Bloomberg
Musk, Tesla win dismissal of Dogecoin 'pyramid scheme' suit
RIA NEWS AUG 30, 2024
Musk, Tesla win dismissal of Dogecoin 'pyramid scheme' suit

Court said 'no reasonable investor' could rely on Musk's crypto views.

By Bloomberg
Are governments about to dump crypto holdings?
RIA NEWS AUG 30, 2024
Are governments about to dump crypto holdings?

Market concerned about impact on supply overhang.

By Bloomberg
Elizabeth Warren presses for details on Finra's enforcement slowdown
RIA NEWS AUG 29, 2024
Elizabeth Warren presses for details on Finra's enforcement slowdown

Decline in actions appears to indicate "a deliberate deregulatory effort," the Democratic senator said in a letter.

By Bloomberg
Posing as a broker, Maryland insurance agent grabs clients' savings
LIFE INSURANCE AND ANNUITIES AUG 29, 2024
Posing as a broker, Maryland insurance agent grabs clients' savings

"Customers should use regulated industries to their advantage and hire career specialists in each area of their lives," said one industry executive.

By Bruce Kelly
Gen Z leans on AI and family for financial guidance
RIA NEWS AUG 29, 2024
Gen Z leans on AI and family for financial guidance

Survey research unpacks AI’s role in helping Gen Z manage their finances, plus how they prioritize spending and saving.

By Leo Almazora
Advisors weigh in on Nvidia's earnings, outlook
RIA NEWS AUG 29, 2024
Advisors weigh in on Nvidia's earnings, outlook

The AI chipmaker's widely anticipated second quarter earnings are out. Now advisors need to decide what to do with them.

By Gregg Greenberg
Bank of America, Merrill Lynch fined $3M over “deficient” supervision systems
RIA NEWS AUG 29, 2024
Bank of America, Merrill Lynch fined $3M over “deficient” supervision systems

BofA and its subsidiary failed to review roughly 700 equity trades and 125,000 options trades that were “potentially manipulative,” according to Finra.

By Leo Almazora
Nvidia finds that even when the chips aren't down, things can be bad
RIA NEWS AUG 29, 2024
Nvidia finds that even when the chips aren't down, things can be bad

Earnings report that failed to meet high expectations could dampen the AI frenzy.

By Steve Randall
ICI has 'serious concerns' about SEC reporting requirements
RIA NEWS AUG 29, 2024
ICI has 'serious concerns' about SEC reporting requirements

Will changing from quarterly to monthly reporting have negative impacts?

By Steve Randall
Which is worse, accumulating more debt or not saving enough?
RIA NEWS AUG 29, 2024
Which is worse, accumulating more debt or not saving enough?

Survey reveals Americans’ top financial regrets.

By Steve Randall
Atlanta Fed chief says more data needed before rate cut
RIA NEWS AUG 29, 2024
Atlanta Fed chief says more data needed before rate cut

Raphael Bostic says the stats need to support easing policy.

By Bloomberg