RIA News

Displaying 36708 results
Musk, Tesla win dismissal of Dogecoin 'pyramid scheme' suit
RIA NEWS AUG 30, 2024
Musk, Tesla win dismissal of Dogecoin 'pyramid scheme' suit

Court said 'no reasonable investor' could rely on Musk's crypto views.

By Bloomberg
Are governments about to dump crypto holdings?
RIA NEWS AUG 30, 2024
Are governments about to dump crypto holdings?

Market concerned about impact on supply overhang.

By Bloomberg
Elizabeth Warren presses for details on Finra's enforcement slowdown
RIA NEWS AUG 29, 2024
Elizabeth Warren presses for details on Finra's enforcement slowdown

Decline in actions appears to indicate "a deliberate deregulatory effort," the Democratic senator said in a letter.

By Bloomberg
Posing as a broker, Maryland insurance agent grabs clients' savings
LIFE INSURANCE AND ANNUITIES AUG 29, 2024
Posing as a broker, Maryland insurance agent grabs clients' savings

"Customers should use regulated industries to their advantage and hire career specialists in each area of their lives," said one industry executive.

By Bruce Kelly
Gen Z leans on AI and family for financial guidance
RIA NEWS AUG 29, 2024
Gen Z leans on AI and family for financial guidance

Survey research unpacks AI’s role in helping Gen Z manage their finances, plus how they prioritize spending and saving.

By Leo Almazora
Advisors weigh in on Nvidia's earnings, outlook
RIA NEWS AUG 29, 2024
Advisors weigh in on Nvidia's earnings, outlook

The AI chipmaker's widely anticipated second quarter earnings are out. Now advisors need to decide what to do with them.

By Gregg Greenberg
Bank of America, Merrill Lynch fined $3M over “deficient” supervision systems
RIA NEWS AUG 29, 2024
Bank of America, Merrill Lynch fined $3M over “deficient” supervision systems

BofA and its subsidiary failed to review roughly 700 equity trades and 125,000 options trades that were “potentially manipulative,” according to Finra.

By Leo Almazora
Nvidia finds that even when the chips aren't down, things can be bad
RIA NEWS AUG 29, 2024
Nvidia finds that even when the chips aren't down, things can be bad

Earnings report that failed to meet high expectations could dampen the AI frenzy.

By Steve Randall
ICI has 'serious concerns' about SEC reporting requirements
RIA NEWS AUG 29, 2024
ICI has 'serious concerns' about SEC reporting requirements

Will changing from quarterly to monthly reporting have negative impacts?

By Steve Randall
Which is worse, accumulating more debt or not saving enough?
RIA NEWS AUG 29, 2024
Which is worse, accumulating more debt or not saving enough?

Survey reveals Americans’ top financial regrets.

By Steve Randall
Atlanta Fed chief says more data needed before rate cut
RIA NEWS AUG 29, 2024
Atlanta Fed chief says more data needed before rate cut

Raphael Bostic says the stats need to support easing policy.

By Bloomberg
Swiss asset manager boosts US presence with Miami office
RIA NEWS AUG 29, 2024
Swiss asset manager boosts US presence with Miami office

Demand from US offshore clients has prompted the move.

By Bloomberg
Cat bond favoring hedge fund says returns already weakened
RIA NEWS AUG 29, 2024
Cat bond favoring hedge fund says returns already weakened

Investors are awaiting the extent of the 2024 hurricane season.

By Bloomberg
Millennial high earners are hightailing it out of California and New York
RIA NEWS AUG 28, 2024
Millennial high earners are hightailing it out of California and New York

An analysis of tax return data shows which states are the top destinations for high-income Gen Y households.

By Leo Almazora
Private equity funds gaining traction with advisors
ALTERNATIVES AUG 28, 2024
Private equity funds gaining traction with advisors

"The appetite by financial advisors for private equity funds is super high right now," says one industry executive.

By Bruce Kelly
SEC scraps swing pricing plan for mutual funds
RIA NEWS AUG 28, 2024
SEC scraps swing pricing plan for mutual funds

The regulator's retreat from a plan to help control liquidity issues during high-redemption periods is an apparent win for the industry.

By Bloomberg
RayJay breakaway RIA Crux joins Arete Wealth network
RIA NEWS AUG 28, 2024
RayJay breakaway RIA Crux joins Arete Wealth network

Crux’s collaboration with the full-service broker-dealer and RIA comes as part of a broader multi-year tech platform agreement.

By Leo Almazora
PE-backed Sequoia Financial strikes partnership with Eide Bailly
RIA NEWS AUG 28, 2024
PE-backed Sequoia Financial strikes partnership with Eide Bailly

The nationally top-ranked RIA is set to expand its presence meaningfully across the Western US as it acquires Eide Bailly’s $1.58B wealth arm.

By Leo Almazora
Equities rally sparked boost in self-directed 401(k) investors' accounts
RIA NEWS AUG 28, 2024
Equities rally sparked boost in self-directed 401(k) investors' accounts

Average balances rise for Schwab Personal Choice Retirement Account.

By Steve Randall
More than half of Gen Z, Millennial workers plan to ask for a raise
RIA NEWS AUG 28, 2024
More than half of Gen Z, Millennial workers plan to ask for a raise

Millions also expected to seek more secure job in the next 12 months.

By Steve Randall