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COP28 fell short, but renewables investing is promising, advocates say
RIA NEWS DEC 13, 2023
COP28 fell short, but renewables investing is promising, advocates say

Most groups will be unhappy with the compromises in the pact, but the talks reflect powerful demand for clean energy.

By Emile Hallez
Merrill again faces client complaint over yields on cash
WIREHOUSES DEC 13, 2023
Merrill again faces client complaint over yields on cash

Merrill has consistently been the brokerage firm paying the lowest rates on swept cash, according to a suit filed by Merrill Edge client.

By Bruce Kelly
Citi offers to pay partial bonuses to encourage departures
INDEPENDENT BROKER DEALERS DEC 13, 2023
Citi offers to pay partial bonuses to encourage departures

The bank's offers to a limited number of staff are part of the Wall Street giant's continued restructuring efforts.

By Bloomberg
Are we nearing the end of the inverted yield curve?
FIXED INCOME DEC 13, 2023
Are we nearing the end of the inverted yield curve?

Survey reveals most advisors think 2-year US Treasury has peaked as clients shift more assets into fixed income.

By InvestmentNews
NewEdge Capital hails record year for recruiting advisors, adds almost $10B AUM
RIA NEWS DEC 13, 2023
NewEdge Capital hails record year for recruiting advisors, adds almost $10B AUM

The firm has seen exponential growth and expanded its footprint.

By Steve Randall
Does COP28 deal mean the end of fossil fuels?
RIA NEWS DEC 13, 2023
Does COP28 deal mean the end of fossil fuels?

In theory there will be a shift, but don’t expect it to happen fast.

By Bloomberg
Even the world's No. 1 ESG fund has boosted oil, gas exposure
MUTUAL FUNDS DEC 13, 2023
Even the world's No. 1 ESG fund has boosted oil, gas exposure

$5T fund has made a significant increase in fossil fuels since new regs were introduced.

By Bloomberg
Apollo hires BlackRock veterans for wealth, insurance units
RIA NEWS DEC 13, 2023
Apollo hires BlackRock veterans for wealth, insurance units

The firm is targeting $1 trillion in assets by 2026.

By Bloomberg
Is it finally time to shelve recession fears?
OPINION DEC 12, 2023
Is it finally time to shelve recession fears?

Of the US economy's three options — soft landing, recession or reacceleration — the first seems the most likely.

By J. Brian Henderson
Wells Fargo Advisors highlights bump in  compensation for $1M producers
ALTERNATIVES DEC 12, 2023
Wells Fargo Advisors highlights bump in compensation for $1M producers

The wirehouse is emphasizing better pay for advisors who sell alternative investments and offer loans to clients.

By Bruce Kelly
From engineering to financial services
PRACTICE MANAGEMENT DEC 12, 2023
From engineering to financial services

Advisor has made it his mission to help fellow immigrants navigate the financial landscape.

By InvestmentNews
From hedge funds to impact investing
RIA NEWS DEC 12, 2023
From hedge funds to impact investing

‘Actually getting to work one-on-one with people just really hit home for me’

By InvestmentNews
‘We decided not to be each other’s bosses’
PRACTICE MANAGEMENT DEC 12, 2023
‘We decided not to be each other’s bosses’

Husband-and-wife team explain how they built a successful practice … and stayed married.

By InvestmentNews
Good planning means clients can live their own stories
PRACTICE MANAGEMENT DEC 12, 2023
Good planning means clients can live their own stories

Marguerita Cheng was taught a valuable financial lesson by her father – that planning is a way of showing love for others.

By InvestmentNews
Firm takes $1.2 billion practice to Carson Group
RIA NEWS DEC 12, 2023
Firm takes $1.2 billion practice to Carson Group

President says cutting-edge technology and resources were a big draw.

By Steve Randall
Consumer prices pick up in bumpy path down for inflation
FIXED INCOME DEC 12, 2023
Consumer prices pick up in bumpy path down for inflation

New data reinforces Fed’s determination to keep interest rates elevated.

By Bloomberg
Webull hires former Cboe executive to head up derivatives, strategy
RIA NEWS DEC 12, 2023
Webull hires former Cboe executive to head up derivatives, strategy

Seasoned leader adds decades of financial experience to online brokerage.

By Steve Randall
Private equity investors positive on AI, SEC's private funds rules
FINTECH DEC 12, 2023
Private equity investors positive on AI, SEC's private funds rules

LPs are using the technology more and also keen to invest in AI firms.

By Steve Randall
CPI data set to open door for Fed cuts, says Bloomberg Economics
RIA NEWS DEC 12, 2023
CPI data set to open door for Fed cuts, says Bloomberg Economics

Tuesday's stats are likely to show US consumer prices have stabilized.

By Bloomberg
Citi believes carbon credits market still has potential
RIA NEWS DEC 12, 2023
Citi believes carbon credits market still has potential

The unregulated segment of climate finance remains controversial.

By Bloomberg