RIA News

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Fed's Powell outlines two priorities as rate cuts near
RIAS RIA NEWS AUG 26, 2024
Fed's Powell outlines two priorities as rate cuts near

Strategy will be under review in the coming months.

By Bloomberg
Gold run has further to go as bulls celebrate
RIAS RIA NEWS AUG 26, 2024
Gold run has further to go as bulls celebrate

Lower US interest rates will provide new gains for bullion.

By Bloomberg
RBC Wealth Management adds $438M veteran from Merrill
RIAS RIA NEWS AUG 23, 2024
RBC Wealth Management adds $438M veteran from Merrill

The former wirehouse advisor brings 26 years of experience to the firm’s Boulder, Colorado branch.

By Leo Almazora
Sanctuary welcomes $400M breakaway group from Merrill
RIAS RIA NEWS AUG 23, 2024
Sanctuary welcomes $400M breakaway group from Merrill

Its network of entrepreneurial ex-wirehouse advisors continues to grow with the four-person team in North Carolina.

By Leo Almazora
'Time has come' for Fed rate cuts, says Powell
RIAS RIA NEWS AUG 23, 2024
'Time has come' for Fed rate cuts, says Powell

The Federal Reserve chair has solidified the central bank's plans to begin lowering borrowing costs as confidence on inflation grows.

By Bloomberg
529s, loans, credits ... financial strategies for back-to-school planning
RIAS RIA NEWS AUG 23, 2024
529s, loans, credits ... financial strategies for back-to-school planning

Advisors share planning ideas, and some lessons learned, to help ensure clients' kids are getting an education.

By Josh Welsh
Florida men plead guilty to $3M fraudulent tax return scheme
RIAS RIA NEWS AUG 23, 2024
Florida men plead guilty to $3M fraudulent tax return scheme

IRS was persuaded to pay out $1.5M in falsely claimed refunds.

By Steve Randall
Markets expect Fed chair to play it safe with Jackson Hole speech
RIAS RIA NEWS AUG 23, 2024
Markets expect Fed chair to play it safe with Jackson Hole speech

But there is always the potential for shocks.

By Bloomberg
Why are family offices losing interest in private credit funds?
RIAS RIA NEWS AUG 23, 2024
Why are family offices losing interest in private credit funds?

Industry data shows weakened interest for the months ahead.

By Bloomberg
ESG regulation is risk for commodities, warns Jefferies
RIAS RIA NEWS AUG 23, 2024
ESG regulation is risk for commodities, warns Jefferies

New rules affect firms trading with the EU.

By Bloomberg
UBS loses US activism defense staff to BofA, Wells Fargo
RIAS RIA NEWS AUG 23, 2024
UBS loses US activism defense staff to BofA, Wells Fargo

Sources report several team members have jumped ship.

By Bloomberg
Stocks have recovered from summer selloff, but bears are lurking, strategists say
RIAS RIA NEWS AUG 22, 2024
Stocks have recovered from summer selloff, but bears are lurking, strategists say

The market may have recovered from its summer swoon, but fall has historically been a rocky time for stocks.

By Gregg Greenberg
B. Riley-backed Franchise Group gets slight reprieve from lenders
RIAS RIA NEWS AUG 22, 2024
B. Riley-backed Franchise Group gets slight reprieve from lenders

A group of first-lien debt holders have made some concessions as the troubled firm tries to dig out of its $1.5B debt hole.

By Bloomberg
Structuring portfolios with a global mindset
RIAS RIA NEWS AUG 22, 2024
Structuring portfolios with a global mindset

Michael Godwin, of Fragasso Financial Advisors, cautions against assumption that a soft landing is a given for US economy.

By Chris Davis
The rise of AI in compliance handling
RIAS RIA NEWS AUG 22, 2024
The rise of AI in compliance handling

“You need the human being behind the data,” insists compliance legal expert.

By Chris Davis
Morgan Stanley’s Bloomer confirmed dead in superyacht tragedy
RIAS RIA NEWS AUG 22, 2024
Morgan Stanley’s Bloomer confirmed dead in superyacht tragedy

Authorities are continuing their efforts to investigate the disaster that took the life of the 70-year-old veteran leader.

By Leo Almazora
RBC Wealth Management expands in Ohio with $693M team from Morgan Stanley
RIAS RIA NEWS AUG 22, 2024
RBC Wealth Management expands in Ohio with $693M team from Morgan Stanley

The wealth firm’s newest branch in Cincinnati is operated by a multi-generational team that includes a 29-year veteran advisor.

By Leo Almazora
Raymond James continues RJA recruitment streak with Morgan Stanley tandem
RIAS RIA NEWS AUG 22, 2024
Raymond James continues RJA recruitment streak with Morgan Stanley tandem

The two advisors who reportedly managed over $360M extend the broker-dealer giant’s reach in Florida and Colorado.

By Leo Almazora
Edward Jones expands financial services offerings in branches
RIAS RIA NEWS AUG 22, 2024
Edward Jones expands financial services offerings in branches

The firm is leveraging existing partnerships for enhanced services.

By Steve Randall
How much do Americans believe makes someone wealthy in 2024?
RIAS RIA NEWS AUG 22, 2024
How much do Americans believe makes someone wealthy in 2024?

And what net worth is required to be considered 'comfortable'?

By Steve Randall