RIA News

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Wealth chats with family members are a good thing, right? Not always, says Merrill Lynch
RIA NEWS NOV 06, 2023
Wealth chats with family members are a good thing, right? Not always, says Merrill Lynch

Spontaneous conversations about family fortunes can lead to regrets, new report warns.

By Steve Randall
High rates could derail year-end stocks rally, BlackRock says
RIA NEWS NOV 06, 2023
High rates could derail year-end stocks rally, BlackRock says

Research chief says rates outlook has not been reflected in equities yet.

By Bloomberg
Hedge funds' extended short positions on Treasuries wrongly timed
RIA NEWS NOV 06, 2023
Hedge funds' extended short positions on Treasuries wrongly timed

CFTC data shows bets persisted even though the cash bonds had rallied the week before.

By Bloomberg
Bankers want protection from greenwashing claims in $1.5T markets
RIA NEWS NOV 06, 2023
Bankers want protection from greenwashing claims in $1.5T markets

Wall Street stalwarts are among the largest providers of sustainability linked loans.

By Bloomberg
Captrust adds Normann Financial
RETIREMENT PLANNING NOV 03, 2023
Captrust adds Normann Financial

The Sanford, North Carolina-based firm oversees $1.3 billion in assets.

By Josh Welsh
Faith-based investing on the rise as world grows more chaotic
RIA NEWS NOV 03, 2023
Faith-based investing on the rise as world grows more chaotic

ESG may have dominated the headlines, but faith-based investing has steadily – and quietly — been on the rise.

By Gregg Greenberg
Jobs report suggests Fed may be done tightening
RIA NEWS NOV 03, 2023
Jobs report suggests Fed may be done tightening

The October employment data point to a cooling labor market, which reinforces market views that the Fed may be done with its rate hikes.

By Bloomberg
Dakota Wealth AUM nears $4B with acquisition of family-run practice
RIA NEWS NOV 03, 2023
Dakota Wealth AUM nears $4B with acquisition of family-run practice

The deal adds two offices to Dakota's footprint.

By Steve Randall
Five advisors managing $550M switch to LPL from Ameriprise  
RIA NEWS NOV 03, 2023
Five advisors managing $550M switch to LPL from Ameriprise  

Ohio-based team has more than 115 years of combined industry experience.

By Steve Randall
Crypto convict: Bankman-Fried will spend decades in jail
RIA NEWS NOV 03, 2023
Crypto convict: Bankman-Fried will spend decades in jail

FTX founder committed "one of the biggest financial frauds in American history" and justice was swift.

By Bloomberg
US jobs data in focus, markets optimistic
RIA NEWS NOV 03, 2023
US jobs data in focus, markets optimistic

It's hoped the stats will give weight to a looser rates policy from the Fed.

By Bloomberg
BofA strategist sees year-end equities rally, risk of recession
RIA NEWS NOV 03, 2023
BofA strategist sees year-end equities rally, risk of recession

Wall Street bear Michael Hartnett says technical barriers should not block S&P 500 rally.

By Bloomberg
What next for crypto as FTX founder is jailed?
RIA NEWS NOV 03, 2023
What next for crypto as FTX founder is jailed?

Has the fraud eroded trust in digital assets or can the industry rebound?

By Bloomberg
Capital Group says now is the time to buy global stocks
RIA NEWS NOV 03, 2023
Capital Group says now is the time to buy global stocks

Fed pause creates a window of opportunity for investors, says $2.3T manager.

By Bloomberg
ESG groups unite on words amid fight against sustainable investing
RIA NEWS NOV 02, 2023
ESG groups unite on words amid fight against sustainable investing

A new list of definitions may help clear up confusion around ESG.

By Emile Hallez
Jordan Belfort is back on Wall Street and talking with InvestmentNews
RIA NEWS NOV 02, 2023
Jordan Belfort is back on Wall Street and talking with InvestmentNews

The former financial fraudster made famous by Leonardo DiCaprio is now promoting index funds and leading the charge against the 'Wall Street fee machine.'

By Gregg Greenberg
Equities gain as Fed signals potential end to rate hiking
RIA NEWS NOV 02, 2023
Equities gain as Fed signals potential end to rate hiking

World markets have reacted to Fed chair Jerome Powell's comments.

By Bloomberg
Gen Z is running out of cash, and that's bad for the economy
RIA NEWS NOV 02, 2023
Gen Z is running out of cash, and that's bad for the economy

Poll reveals fewer Americans can cover a $400 emergency expense.

By Bloomberg
Ultra-rich investors are pulling back from $1M+ artworks
RIA NEWS NOV 02, 2023
Ultra-rich investors are pulling back from $1M+ artworks

The high-end art market is thinning out according to UBS.

By Bloomberg
Vanguard will shutter China office next year, but it could return
RIA NEWS NOV 02, 2023
Vanguard will shutter China office next year, but it could return

The firm says it will monitor the market for further opportunities.

By Bloomberg