RIA News

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Google may be forced to sell a key part of its business
RIAS RIA NEWS MAY 06, 2025
Google may be forced to sell a key part of its business

US Justice Department highlights online advertising monopoly.

By Bloomberg
Stablecoin hopes tumble as Senate coalition shatters
RIAS RIA NEWS MAY 06, 2025
Stablecoin hopes tumble as Senate coalition shatters

Bipartisan group splits as Democrats threaten filibustering.

By Bloomberg
Helping wealthy Americans evade tax just cost Credit Suisse $511M
ADVISOR NEWS REGULATION AND LEGISLATION MAY 06, 2025
Helping wealthy Americans evade tax just cost Credit Suisse $511M

Action follows years of investigation by US law enforcement.

By Steve Randall
Goldman Sachs to offer public-private model portfolios for RIAs
RIAS RIA NEWS MAY 06, 2025
Goldman Sachs to offer public-private model portfolios for RIAs

Solution aims to ease managing diversified private markets allocations at scale.

By Steve Randall
Advisors watching for dip in fees on biggest clients: Cerulli
RIAS RIA NEWS MAY 05, 2025
Advisors watching for dip in fees on biggest clients: Cerulli

Financial advisors are becoming a bit more leery that fees, particularly for their wealthiest clients, are on the verge of taking a hit.

By Bruce Kelly
Blackstone taps former Lazard leader Jennifer Abate to head RIA wealth unit
INVESTING ALTERNATIVES MAY 05, 2025
Blackstone taps former Lazard leader Jennifer Abate to head RIA wealth unit

The alts giant's latest executive hire builds on its continuing strategy to expand into the private wealth space.

By Leo Almazora
The 'magic number' of $1.3M for retirement: on the money, or off the mark?
RIAS RIA NEWS MAY 05, 2025
The 'magic number' of $1.3M for retirement: on the money, or off the mark?

While it's a useful rule of thumb, wealth industry experts agree Social Security benefits, retirement income planning, and individual expenses should also be factored in.

By Leo Almazora
Wall Street's biggest bull stands pat on S&P 7,000 call
INVESTING EQUITIES MAY 05, 2025
Wall Street's biggest bull stands pat on S&P 7,000 call

The holdout optimist from Wells Fargo sees market "past peak uncertainty" as trade war fears push many cheerleaders to pare back their predictions.

By Bloomberg
2025 InvestmentNews Awards: The race is on
RIAS RIA NEWS MAY 05, 2025
2025 InvestmentNews Awards: The race is on

Last year's standout winners reflect on their triumph as the wealth industry gears up for another unforgettable night in New York City.

By Chris Davis
AdvicePay beefs up compensation tech capabilities with AdvisorBOB acquisition
ADVISOR NEWS FINTECH MAY 05, 2025
AdvicePay beefs up compensation tech capabilities with AdvisorBOB acquisition

The deal aims to help advisors streamline their compensation processes while expanding AdvicePay’s reach across the full revenue cycle.

By Leo Almazora
MIT joins colleges tapping bond markets amid federal funding threats
INVESTING FIXED INCOME MAY 05, 2025
MIT joins colleges tapping bond markets amid federal funding threats

The elite college is just the latest institution turning to taxable bond sales as the Trump White House continues to exert political pressure.

By Bloomberg
Raymond James unveils advisor equity financing program
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 05, 2025
Raymond James unveils advisor equity financing program

The independent B-D giant is burnishing its appeal to independent advisors with a new offer to take minority stakes in qualified practices.

By Leo Almazora
Edelman snaps up Cahill Wealth Management in 2025 deal debut
RIAS RIA NEWS MAY 05, 2025
Edelman snaps up Cahill Wealth Management in 2025 deal debut

Transaction adds $426 million in assets and expands Edelman Financial Engines' reach into life sciences-focused wealth planning

By Leo Almazora
Advisor moves: Americana nabs $1.5B Morgan Stanley quartet, LPL welcomes $300M Osaic group
RIAS RIA NEWS MAY 05, 2025
Advisor moves: Americana nabs $1.5B Morgan Stanley quartet, LPL welcomes $300M Osaic group

Wall Street breakaways bolster Americana's reach in Houston as a 10-advisor ensemble in New Jersey make their move to LPL.

By Leo Almazora
US futures lower but global markets rise amid renewed hopes of Trump deals
INVESTING EQUITIES MAY 05, 2025
US futures lower but global markets rise amid renewed hopes of Trump deals

But foreign movies are now deemed a ‘national security risk’

By Steve Randall
What will the Fed do this Wednesday? Defy Trump?
RIAS RIA NEWS MAY 05, 2025
What will the Fed do this Wednesday? Defy Trump?

Rate decision is likely to mean a further delay in cuts.

By Bloomberg
OPEC+ has hiked supplies, forcing a rethink on Wall Street
RIAS RIA NEWS MAY 05, 2025
OPEC+ has hiked supplies, forcing a rethink on Wall Street

Price forecasts are being redrawn as crude futures tumble.

By Bloomberg
Why bond traders are not expecting rate cuts
RIAS RIA NEWS MAY 05, 2025
Why bond traders are not expecting rate cuts

It could be the fall before the first cuts are announced.

By Bloomberg
What the dollar's decline means for other currencies
RIAS RIA NEWS MAY 05, 2025
What the dollar's decline means for other currencies

Asian FX markets have seen wild swings in recent days.

By Bloomberg
Warren Buffett stuns investors with retirement from $1T Berkshire Hathaway
RIAS RIA NEWS MAY 04, 2025
Warren Buffett stuns investors with retirement from $1T Berkshire Hathaway

Veteran investor to step down aged 94, as earnings disappoint

By Steve Randall