RIA News

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TSP to IRA rollovers have benefits, advisors say
ADVISOR NEWS RETIREMENT PLANNING SEP 30, 2024
TSP to IRA rollovers have benefits, advisors say

Despite the low costs in the Thrift Savings Plan, there are often more pros than cons to doing rollovers to IRAs, financial professionals tell InvestmentNews.

By Emile Hallez
Wealth managers discuss their hiring needs
RIAS PRACTICE MANAGEMENT SEP 30, 2024
Wealth managers discuss their hiring needs

As the market awaits the release of the September jobs report, financial advisors weigh in on Wall Street's employment woes.

By Gregg Greenberg
SEC claims Missouri B-D, advisors, violated Reg BI in GWG bond sales
ADVISOR NEWS REGULATION AND LEGISLATION SEP 30, 2024
SEC claims Missouri B-D, advisors, violated Reg BI in GWG bond sales

Based in suburban St. Louis, Maloney Securities has 125 financial advisors on its platform.

By Bruce Kelly
Fed will adopt more neutral policy "over time," says Powell
RIAS RIA NEWS SEP 30, 2024
Fed will adopt more neutral policy "over time," says Powell

The central bank governor says policymakers are in no hurry to cut rates, indicating modest moves for its next two decisions.

By Bloomberg
RBC Wealth Management reveals divide and conquer strategy for Western US
RIAS RIA NEWS SEP 30, 2024
RBC Wealth Management reveals divide and conquer strategy for Western US

The firm is reorganizing its private client group divisions and promoting its Pacific Northwest leader in a bid to seize opportunities in the crucial wealth market.

By Leo Almazora
Dynasty Financial snags $700M team from Equitable Advisors
RIAS RIA NEWS SEP 30, 2024
Dynasty Financial snags $700M team from Equitable Advisors

The 14-professional team is making a break for independence through the tech-enabled independent advisor platform.

By Leo Almazora
PE giant TPG takes strategic stake in Creative Planning
RIAS RIA NEWS SEP 30, 2024
PE giant TPG takes strategic stake in Creative Planning

The global alts firm's minority investment will help fuel continued expansion at the RIA overseeing $375B in client assets.

By Leo Almazora
RIA accelerator Elevation Point welcomes Dynasty's Caitlin Douglas to C-suite
RIAS RIA NEWS SEP 30, 2024
RIA accelerator Elevation Point welcomes Dynasty's Caitlin Douglas to C-suite

The Minnesota-based firm's new COO comes with deep experience and a sterling reputation for supporting independent advisor transitions and growth efforts.

By Leo Almazora
LPL taps T. Rowe Price alum as investment solutions head
ADVISOR NEWS INDEPENDENT BROKER DEALERS SEP 30, 2024
LPL taps T. Rowe Price alum as investment solutions head

The veteran with more than 25 years' experience will drive the firm's expansion into SMAs, alts strategies, and address advisors' need for low-cost access to crucial ETF strategies.

By Leo Almazora
Altruist rolls out modern fixed-income trading tool for RIAs
RIAS RIA NEWS SEP 30, 2024
Altruist rolls out modern fixed-income trading tool for RIAs

The platform, which features a real-time screening function, improved data transparency, and one-click trading, aims to address a longstanding portfolio pain point for advisors.

By Leo Almazora
Equities or bonds: Where do investors see the best returns through to year-end?
RIAS RIA NEWS SEP 30, 2024
Equities or bonds: Where do investors see the best returns through to year-end?

And what do they expect the Fed to do with rates at its final two meetings?

By Steve Randall
CFTC charges firms, individuals with alleged $3.6M commodity investment scam
RIAS RIA NEWS SEP 30, 2024
CFTC charges firms, individuals with alleged $3.6M commodity investment scam

At least 32 people are said to have been impacted.

By Steve Randall
Goldman sees potential rotation to low-profit stocks if jobs gain
RIAS RIA NEWS SEP 30, 2024
Goldman sees potential rotation to low-profit stocks if jobs gain

A strong labor market report could see investors pivot.

Why currency traders are holding back on the greenback
RIAS RIA NEWS SEP 30, 2024
Why currency traders are holding back on the greenback

US dollar on the sidelines ahead of the election.

Oil gains but remains weak so far this year
RIAS RIA NEWS SEP 30, 2024
Oil gains but remains weak so far this year

Geopolitics in focus despite expected increase in output.

Food prices are rising as bad weather hits crops
RIAS RIA NEWS SEP 30, 2024
Food prices are rising as bad weather hits crops

Staples are being impacted by compromised crop harvests.

ESG bonds an additional arrow in advisor quiver, says Nuveen strategist
INVESTING FIXED INCOME SEP 27, 2024
ESG bonds an additional arrow in advisor quiver, says Nuveen strategist

ESG stocks may get all the attention, but ESG and impact bonds provide another alternative for client portfolios.

By Gregg Greenberg
Sales of alternative investments climbing in 2024
INVESTING ALTERNATIVES SEP 27, 2024
Sales of alternative investments climbing in 2024

Through August, financial advisors had sold $76.6 billion of illiquid alternative investments, according to Robert A. Stanger & Co. Inc.

By Bruce Kelly
Advisor misled clients on fees in Thrift Savings Plan rollovers, SEC says
ADVISOR NEWS REGULATION AND LEGISLATION SEP 27, 2024
Advisor misled clients on fees in Thrift Savings Plan rollovers, SEC says

A firm and its owner agreed to a settlement with the SEC over alleged misstatements to customers and a lack of procedures to ensure compliance.

By Emile Hallez
Building trust has been key to exponential growth
RIAS PRACTICE MANAGEMENT SEP 27, 2024
Building trust has been key to exponential growth

Commitment to transparency, which was vital during the financial crisis, has propelled firm’s success.

By Chris Davis