RIA News

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Carney's Liberals set for narrow Canadian election victory
RIA NEWS APR 29, 2025
Carney's Liberals set for narrow Canadian election victory

Former central banker pledges to stand up to Trump.

By Bloomberg
Morgan Stanley sees rare forward curve for oil
RIA NEWS APR 29, 2025
Morgan Stanley sees rare forward curve for oil

Tightness followed by 'meaningful surplus' shapes futures pricing.

By Bloomberg
CS McKee names new leader as North Square firm completes Foundry acquisition
RIA NEWS APR 28, 2025
CS McKee names new leader as North Square firm completes Foundry acquisition

Firm will be merged into the CS McKee brand and adds approximately $2.3B AUM

By Steve Randall
Mother-daughter advisor duo avoids succession debt with sale to Bain Capital-backed Carson Group
RIA NEWS APR 28, 2025
Mother-daughter advisor duo avoids succession debt with sale to Bain Capital-backed Carson Group

Debbie Taylor chose an outright sale to the Bain Capital-backed mega RIA Carson Group rather than saddling her daughter with a multi-million-dollar loan to take over Taylor Financial.

By Andrew Cohen
Cetera's job cuts to reduce 5% of staff
RIA NEWS APR 28, 2025
Cetera's job cuts to reduce 5% of staff

Last week's layoffs totaled at least 130 Cetera employees, according to a senior industry executive.

By Bruce Kelly
Stocks rise ahead of packed week of earnings, data
RIA NEWS APR 28, 2025
Stocks rise ahead of packed week of earnings, data

Four of the Magnificent Seven will report this week.

By Bloomberg
Gold down more than 5% in less than a week
RIA NEWS APR 28, 2025
Gold down more than 5% in less than a week

Easing anxiety has seen the haven asset slide from record high.

By Bloomberg
Bond managers grapple with multiple unanswered questions
RIA NEWS APR 28, 2025
Bond managers grapple with multiple unanswered questions

Uncertainty remains challenging for Treasuries traders.

By Bloomberg
Consumers facing higher costs as Chinese firms pass on tariff burden
RIA NEWS APR 28, 2025
Consumers facing higher costs as Chinese firms pass on tariff burden

Move will raise concerns of inflationary impact of tariffs.

By Bloomberg
Americans earning under $200K could pay less tax, or perhaps nothing says Trump
RIA NEWS APR 28, 2025
Americans earning under $200K could pay less tax, or perhaps nothing says Trump

President says tariffs could see income tax ‘completely eliminated’ for some

By Steve Randall
As Magnificent 7 report earnings, demand for Nasdaq-100 in 401(k)s revealed
EQUITIES APR 28, 2025
As Magnificent 7 report earnings, demand for Nasdaq-100 in 401(k)s revealed

Alphabet exceeded expectations, but this week will reveal four more

By Steve Randall
Secure Their Financial Future with Growth and Protection
RIA NEWS APR 28, 2025
Secure Their Financial Future with Growth and Protection

Can an annuity help your clients get there?

Edward Jones announces C-suite shakeup with eye toward next chapter
INDEPENDENT BROKER DEALERS APR 25, 2025
Edward Jones announces C-suite shakeup with eye toward next chapter

The leadership changes coming in June, which also include wealth management and digital unit heads, come as the firm pushes to offer more comprehensive services.

By Leo Almazora
Harvard muni bonds a buy amid battle with Trump White House, Barclays says
FIXED INCOME APR 25, 2025
Harvard muni bonds a buy amid battle with Trump White House, Barclays says

Strategist sees relatively little risk of the university losing its tax-exempt status, which could pose opportunity for investors with a "longer time horizon."

By Bloomberg
Independent Financial Group taps industry veteran Keefe as new president, COO
INDEPENDENT BROKER DEALERS APR 25, 2025
Independent Financial Group taps industry veteran Keefe as new president, COO

IFG works with 550 producing advisors and generates about $325 million in annual revenue, said Dave Fischer, the company's co-founder and chief marketing officer.

By Bruce Kelly
Net Positive Consortium gains momentum with new members, first strategic partner
RIA NEWS APR 25, 2025
Net Positive Consortium gains momentum with new members, first strategic partner

Five new RIAs are joining the industry coalition promoting firm-level impact across workforce, client, community and environmental goals.

By Leo Almazora
$30B SEIA taps AssetMark alum Matt Matrisian to lead as president
RIA NEWS APR 25, 2025
$30B SEIA taps AssetMark alum Matt Matrisian to lead as president

The independent RIA's new hire, with a decade of M&A experience from his former firm and Raymond James, comes as SEIA logs record growth in 2024.

By Leo Almazora
Advisor moves: BofA bags $5B Citi advisor as Raymond James announces Janney hire
RIA NEWS APR 25, 2025
Advisor moves: BofA bags $5B Citi advisor as Raymond James announces Janney hire

Bank of America gains strength in NY a veteran UHNW advisor while RayJay welcomes a three-decade industry veteran in Georgia.

By Leo Almazora
Despite rocky market, ETF launches for retail mavericks roll on
ETFS APR 25, 2025
Despite rocky market, ETF launches for retail mavericks roll on

A decline in bullishness across Wall Street has not stifled financial innovation in the ETF industry, with scores of new funds minted including leveraged and exotic bets.

By Bloomberg
US futures higher on Fed rate cut expectation
RIA NEWS APR 25, 2025
US futures higher on Fed rate cut expectation

China may suspend some tariffs on US goods.

By Bloomberg