RIA News

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Oil continues higher following last week's gain
RIAS RIA NEWS JUN 17, 2024
Oil continues higher following last week's gain

But longer-term production outlook is keeping trader cautious

By Bloomberg
Bill Gates chooses nuclear option for multi-billion-dollar investment
RIAS RIA NEWS JUN 17, 2024
Bill Gates chooses nuclear option for multi-billion-dollar investment

His startup firm is building a power plant in Wyoming.

By Bloomberg
US seniors lost a reported $1.2B to investment fraud in 2023
RIAS RIA NEWS JUN 14, 2024
US seniors lost a reported $1.2B to investment fraud in 2023

FBI report unpacks impact of investment fraud, crypto scams, and romance scams on elderly Americans.

By Leo Almazora
With an ocean of resources, investors are surfing their way to confidence
RIAS RIA NEWS JUN 14, 2024
With an ocean of resources, investors are surfing their way to confidence

Schwab survey shows optimism cutting across generations as investment advice, education, and tools become more available.

By Leo Almazora
Steward Partners CEO tackles AI, M&A and hybrid RIAs
RIAS RIA NEWS JUN 14, 2024
Steward Partners CEO tackles AI, M&A and hybrid RIAs

Steward CEO Jim Gold sits down with InvestmentNews to weigh in on the top trends moving the RIA space.

By Gregg Greenberg
Trump tax proposals would spark "mother of all stagflations," warns Larry Summers
RIAS RIA NEWS JUN 14, 2024
Trump tax proposals would spark "mother of all stagflations," warns Larry Summers

The former US Treasury secretary blasts the policy platform of tariff hikes, income tax cuts, and Federal Reserve pressure.

By Bloomberg
Vanguard switched from anti stance to help push Musk’s pay package
RIAS RIA NEWS JUN 14, 2024
Vanguard switched from anti stance to help push Musk’s pay package

Note reveals how the indexing giant changed its opinion on the $56B payday and Tesla’s proposed incorporation in Texas.

By Leo Almazora
Advisors' E&O insurance premiums have fallen sharply for one risk asset group
RIAS RIA NEWS JUN 14, 2024
Advisors' E&O insurance premiums have fallen sharply for one risk asset group

RIAs wanting to add cryptos and other digital assets to portfolios are in luck.

By Steve Randall
Gen Xers are headed for retirement but many have financial regrets
RIAS RIA NEWS JUN 14, 2024
Gen Xers are headed for retirement but many have financial regrets

Allianz Life survey finds concerning gaps in retirement readiness.

By Bloomberg
Is the crypto boom running out of steam?
RIAS RIA NEWS JUN 14, 2024
Is the crypto boom running out of steam?

Bitcoin returns weaker than stocks, bonds, gold.

By Bloomberg
Alternative asset managers M&A is gathering pace
RIAS RIA NEWS JUN 14, 2024
Alternative asset managers M&A is gathering pace

Bigger firms mean more capital, new opportunities.

By Bloomberg
JPMorgan believes currency carry trades could lose appeal
RIAS RIA NEWS JUN 14, 2024
JPMorgan believes currency carry trades could lose appeal

Volatility and the Fed's rates policy may weaken potential.

By Bloomberg
Off-channel communications a struggle for most financial firms, says global report
RIAS RIA NEWS JUN 13, 2024
Off-channel communications a struggle for most financial firms, says global report

Annual study unpacks compliance headaches and concerns around WhatsApp, electronic communications, social media, and AI.

By Leo Almazora
AAPI individuals lead in asset ownership and income
RIAS RIA NEWS JUN 13, 2024
AAPI individuals lead in asset ownership and income

Analysis of census data finds Asian American and Pacific Islanders tend to exceed other groups on several financial fronts.

By Leo Almazora
Is growth stock domination coming to an end?
RIAS RIA NEWS JUN 13, 2024
Is growth stock domination coming to an end?

Value stocks have had a rough time over the past few years. Some advisors see a change at hand.

By Gregg Greenberg
SEC bars ex-LPL advisor who aided special needs rep's trading scheme
ADVISOR NEWS INDEPENDENT BROKER DEALERS JUN 13, 2024
SEC bars ex-LPL advisor who aided special needs rep's trading scheme

'Lie, whatever you have to do, to get those trades placed,' one advisor said to the other, according to the SEC.

By Bruce Kelly
Northwestern Mutual unveils C-suite changes in strategic realignment
RIAS RIA NEWS JUN 13, 2024
Northwestern Mutual unveils C-suite changes in strategic realignment

Four key leaders are getting new titles and mandates as the firm sharpens its focus on wealth amid an impending CEO succession.

By Leo Almazora
Wirehouse sacks staff after investigating allegations of faking work
RIAS RIA NEWS JUN 13, 2024
Wirehouse sacks staff after investigating allegations of faking work

More than a dozen staffers fired over alleged 'simulation of keyboard activity,' according to Finra disclosures.

By Bloomberg
M&A on a tear, and women advisors going solo, IN study shows
RIAS RIA NEWS JUN 13, 2024
M&A on a tear, and women advisors going solo, IN study shows

Valuations are up to 10 times EBITDA, and women are most highly represented in the industry in solo firms, the data show.

By Emile Hallez
SEC says firm, founder lost or spent $3M of investors' money in fraud
RIAS RIA NEWS JUN 13, 2024
SEC says firm, founder lost or spent $3M of investors' money in fraud

The agency's action is alongside criminal charges by New Jersey’s state attorney.

By Steve Randall