RIA News

Displaying 36715 results
Trump says Harvard is losing its tax-exempt status
RIA NEWS MAY 02, 2025
Trump says Harvard is losing its tax-exempt status

The declaration – for which the university said "there is no legal basis" – represents the latest escalation in the president's ongoing attack against the Ivy League institution.

By Bloomberg
U.S. adds 177,000 jobs in April, defying economic headwinds and federal cutbacks
RIA NEWS MAY 02, 2025
U.S. adds 177,000 jobs in April, defying economic headwinds and federal cutbacks

Treasury yields rise as employment figures ignore market mayhem.

By Matthew Sellers
Raymond James gives its indie advisors a helping hand in recruitment
INDEPENDENT BROKER DEALERS MAY 02, 2025
Raymond James gives its indie advisors a helping hand in recruitment

The new in-house talent sourcing service at Raymond James Financial Services seeks to help independent advisors fill gaps in various roles, ranging from associates to entry-level advisors.

By Leo Almazora
Mariner, Savant announce acquisitions worth almost $1.5B
RIA NEWS MAY 02, 2025
Mariner, Savant announce acquisitions worth almost $1.5B

Firms expand geographic footprint, capabilities in latest M&A activity

By Steve Randall
US ETF flows slowed to lowest in a year as trade policy spooked investors
ETFS MAY 02, 2025
US ETF flows slowed to lowest in a year as trade policy spooked investors

Financials posted the second largest sectoral outflows

By Steve Randall
Stock rally gains momentum as payrolls data awaited
RIA NEWS MAY 02, 2025
Stock rally gains momentum as payrolls data awaited

US futures all indicate a higher open for Friday's session.

By Bloomberg
Apple plans to source billions of US chips
RIA NEWS MAY 02, 2025
Apple plans to source billions of US chips

Magnificent & firm is pivoting reliance in its supply chain away from China.

By Bloomberg
Food prices at two year high amid tariff uncertainty
RIA NEWS MAY 02, 2025
Food prices at two year high amid tariff uncertainty

Global raw commodity prices could be inflationary for grocery bills.

By Bloomberg
EM stocks have come roaring back stronger
RIA NEWS MAY 02, 2025
EM stocks have come roaring back stronger

Despite the tariff shock, some equities are performing better than before.

By Bloomberg
Summit Wealth exits Commonwealth prior to LPL buyout to become RIA
RIA NEWS MAY 01, 2025
Summit Wealth exits Commonwealth prior to LPL buyout to become RIA

As Commonwealth advisors weigh their futures following the firm's sale, Summit Wealth Group is charting its own course as an independent RIA with $2.1 billion in assets, moving to SEI's custodian platform.

By Andrew Cohen
UBS, as expected, losing financial advisors in the US; headcount drops 3.2% YoY
INDEPENDENT BROKER DEALERS MAY 01, 2025
UBS, as expected, losing financial advisors in the US; headcount drops 3.2% YoY

Toward the end of last year, UBS said it was redrawing its pay plan for advisors, but "every time one of the big firms like UBS tinkers with the advisors' compensation, some of them say, that's it, that’s the last straw," recruiter Danny Sarch said.

By Bruce Kelly
Investment performance takes a back seat to the human touch
RIA NEWS MAY 01, 2025
Investment performance takes a back seat to the human touch

Clients care less about returns than you might think.

By Jonalyn Cueto
The evolution of private credit
ALTERNATIVES MAY 01, 2025
The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.

AI-powered gains for Microsoft, Meta boost futures following late-day rally
EQUITIES MAY 01, 2025
AI-powered gains for Microsoft, Meta boost futures following late-day rally

Wall Street ends mostly higher despite slowing economy

By Steve Randall
Trump says deals won't be rushed despite political risk of tariffs
RIA NEWS MAY 01, 2025
Trump says deals won't be rushed despite political risk of tariffs

The president says 'we have to save the country.'

By Bloomberg
Is homeownership still a realistic element of the American Dream?
ALTERNATIVES MAY 01, 2025
Is homeownership still a realistic element of the American Dream?

Gen Zs consider tapping 401(k)s to get on the housing ladder

By Steve Randall
Tesla chair responds to Musk replacement report
RIA NEWS MAY 01, 2025
Tesla chair responds to Musk replacement report

A media report claims that the billionaire CEO's job is at risk.

By Bloomberg
Carlyle, State Street said to be in talks for new venture
RIA NEWS MAY 01, 2025
Carlyle, State Street said to be in talks for new venture

Partnership would focus on private-public offering for retail investors.

By Bloomberg
Crypto influencer 'Pomp' seeks $200M in IPO
RIA NEWS MAY 01, 2025
Crypto influencer 'Pomp' seeks $200M in IPO

Anthony Pompliano's blank check company intends to list on the Nasdaq.

By Bloomberg
New RIA aggregator Uniting Wealth Partners gives majority ownership to advisors
RIA NEWS APR 30, 2025
New RIA aggregator Uniting Wealth Partners gives majority ownership to advisors

RIA industry veterans Jay Hummel and John Phoenix have launched a firm which offers 60% equity to advisors with plans to grow to over $5 billion in AUM, before selling to an institutional investor within five years.

By Andrew Cohen