RIA News

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Global bonds fall again amid stubborn inflation outlook
RIA NEWS MAY 31, 2024
Global bonds fall again amid stubborn inflation outlook

Traders expect to be dealing with the challenge for some time yet.

By Bloomberg
Wall Street is prepping for Trump-Biden bumpy ride
RIA NEWS MAY 31, 2024
Wall Street is prepping for Trump-Biden bumpy ride

What will be the likely market impacts of the election?

By Bloomberg
Big banks are allocating more to private credit
RIA NEWS MAY 31, 2024
Big banks are allocating more to private credit

Goldman, Citi, Wells Fargo among those increasing allocations.

By Bloomberg
Trump guilty on all counts, finds jury at hush-money trial
RIA NEWS MAY 30, 2024
Trump guilty on all counts, finds jury at hush-money trial

The former US president faces up to four years in prison, creating a challenging path for his reelection campaign.

By Bloomberg
LPL expands in Virginia with $400M wealth firm
RIA NEWS MAY 30, 2024
LPL expands in Virginia with $400M wealth firm

The firm, led by a three-decade industry veteran, is hopping to LPL after affiliating with Momentum Independent Network.

By Leo Almazora
High-risk alts burn client in $1.2 million arbitration
ALTERNATIVES MAY 30, 2024
High-risk alts burn client in $1.2 million arbitration

'The positive thing about this award is that it is roughly 10 times the net out of pocket losses to the client,' says the client's attorney.

By Bruce Kelly
Schwab study explains forces behind advisor moves to independence
RIA NEWS MAY 30, 2024
Schwab study explains forces behind advisor moves to independence

98 percent of recently independent advisors said the ability to provide more personalized service was a leading motivator for breaking away.

By Gregg Greenberg
Realta Wealth taps industry vet John Barragan to COO role
RIA NEWS MAY 30, 2024
Realta Wealth taps industry vet John Barragan to COO role

The independent wealth platform’s newest leadership hire brings extensive experience from Kestra, Goldman Sachs, and Cetera.

By Leo Almazora
Morgan Stanley helped Musk conceal Twitter stock buying, suit says
RIA NEWS MAY 30, 2024
Morgan Stanley helped Musk conceal Twitter stock buying, suit says

Oklahoma pension fund alleges the "secret" scheme to consolidate ownership stakes led to almost $1.5M in commissions.

By Bloomberg
Dynasty Financial welcomes breakaway team in Virginia
RIA NEWS MAY 30, 2024
Dynasty Financial welcomes breakaway team in Virginia

The newly launched independent firm, previously managing $750 million at Wells Fargo, extends Dynasty’s reach in the East.

By Leo Almazora
Graduates want a career in finance industry, happy to work with AI
RIA NEWS MAY 30, 2024
Graduates want a career in finance industry, happy to work with AI

CFA Institute study highlights attractiveness of working with wealth.

By Steve Randall
Investor who lost $1.5M uses AI platform to recover $100M for others
RIA NEWS MAY 30, 2024
Investor who lost $1.5M uses AI platform to recover $100M for others

Platform gets backing of experienced investors in $2M seed round.

By Steve Randall
Outsourced trading boosts investment performance for asset managers: State Street
RIA NEWS MAY 30, 2024
Outsourced trading boosts investment performance for asset managers: State Street

Report found widespread performance gains across North America, globally.

By Steve Randall
Record-breaking summer heat set to spark commodities volatility
RIA NEWS MAY 30, 2024
Record-breaking summer heat set to spark commodities volatility

From natural gas to soy, prices are already rising globally.

By Bloomberg
UBS appoints new US business leader, joint head of wealth
RIA NEWS MAY 30, 2024
UBS appoints new US business leader, joint head of wealth

Management shakeup sets up CEO succession plan.

By Bloomberg
Are US banks too exposed to CRE when REITs are considered?
RIA NEWS MAY 30, 2024
Are US banks too exposed to CRE when REITs are considered?

Study suggests regulators may not appreciate the risk.

By Bloomberg
Awaiting a verdict on Trump, market likely to say 'meh'
RIA NEWS MAY 29, 2024
Awaiting a verdict on Trump, market likely to say 'meh'

'Absent Trump being in jail, none of this stuff is going to matter,' says one advisor.

By Emile Hallez
Credit environment strong, inflation decelerating, says Lincoln Financial CIO
RIA NEWS MAY 29, 2024
Credit environment strong, inflation decelerating, says Lincoln Financial CIO

Despite the fact that credit spreads are at historical tights, the technical backdrop is fantastic, says Lincoln CIO Jayson Bronchetti.

By Gregg Greenberg
‘An immense responsibility to serve others’
RIA NEWS MAY 29, 2024
‘An immense responsibility to serve others’

InvestmentNews Awards 2024, Advisor of the Year (Regional - Southwest): Matthew Walker, Fortitude Family Office.

By Josh Welsh
Finalist works to achieve a work-optional lifestyle for clients
RIA NEWS MAY 29, 2024
Finalist works to achieve a work-optional lifestyle for clients

InvestmentNews Awards 2024, Advisor of the Year (Western region): Cody Klein, SageView Advisory Group.

By Josh Welsh