RIA News

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Warning of 'short squeeze' for crowded Bitcoin derivatives bet
RIA NEWS AUG 21, 2024
Warning of 'short squeeze' for crowded Bitcoin derivatives bet

Sharp rallies could be ahead, experts believe.

By Bloomberg
Former Goldman employee's stepbrother avoids jail for insider trading
RIA NEWS AUG 21, 2024
Former Goldman employee's stepbrother avoids jail for insider trading

His cooperation with prosecutors led to probation sentence.

By Bloomberg
Are investors souring on elite soccer assets?
RIA NEWS AUG 21, 2024
Are investors souring on elite soccer assets?

Investing in the UK's premier league isn't the game it once was.

By Bloomberg
Harris puts tax hikes on the table with proposed 28 percent corporate rate
RIA NEWS AUG 20, 2024
Harris puts tax hikes on the table with proposed 28 percent corporate rate

The vice president’s latest fiscal proposal would substantially reverse a business-friendly piece of Trump-era legislation.

By Leo Almazora
IRS offers clarity around 401(k) matches to student loan payments
RETIREMENT PLANNING AUG 20, 2024
IRS offers clarity around 401(k) matches to student loan payments

New interim guidance addresses concerns around the retirement savings work perk set out in the SECURE 2.0 Act.

By Leo Almazora
Large IBDs more likely to feel cash sweep pain: Moody's
INDEPENDENT BROKER DEALERS AUG 20, 2024
Large IBDs more likely to feel cash sweep pain: Moody's

"Highly leveraged wealth managers face the greatest competitive risk from an increase in rates paid to clients," according to Moody's.

By Bruce Kelly
Gold shrinks from new record as investors look ahead to Jackson Hole
RIA NEWS AUG 20, 2024
Gold shrinks from new record as investors look ahead to Jackson Hole

The haven asset "remains in record-setting mode" as numerous data reports lead up to Federal Reserve Chair Powell's anticipated address.

By Bloomberg
Trump nears all-clear to cash in on his social media empire
RIA NEWS AUG 20, 2024
Trump nears all-clear to cash in on his social media empire

There's just a month to go before he can sell his stake of the volatile Trump Media stock ... but will he?

By Bloomberg
Rise Growth Partners strikes inaugural RIA partnership
RIA NEWS AUG 20, 2024
Rise Growth Partners strikes inaugural RIA partnership

Joe Duran’s vision to support growth-minded RIAs is taking flight as it acquires a minority stake in a $10B wealth firm.

By Leo Almazora
SEC marketing rule is "challenging" to navigate, say advisors
RIA NEWS AUG 20, 2024
SEC marketing rule is "challenging" to navigate, say advisors

Rule was designed to be more permissive but advisors remain cautious about touting returns and hypothetical performance.

By Josh Welsh
Gen AI takes priority for asset managers as ESG excitement cools
ALTERNATIVES AUG 20, 2024
Gen AI takes priority for asset managers as ESG excitement cools

Index Industry Association survey reveals growing adoption of AI tools, tempered ESG expectations, and evolving demands for index providers.

By Leo Almazora
Wisconsin $120M advisor joins established Ameriprise independent practice
RIA NEWS AUG 20, 2024
Wisconsin $120M advisor joins established Ameriprise independent practice

Move from Raymond James follows consideration of several broker-dealers.

By Steve Randall
Cutting back is the new splashing out as American reach 'peak price rises'
RIA NEWS AUG 20, 2024
Cutting back is the new splashing out as American reach 'peak price rises'

Thriftiness is impacting everything from grocery shopping to a cup of joe.

By Steve Randall
Northern Trust partners with fintech to help kids of HNW clients learn financial literacy
RIA NEWS AUG 20, 2024
Northern Trust partners with fintech to help kids of HNW clients learn financial literacy

Platform encourages families to take meaningful steps in financial education.

By Steve Randall
Morgan Stanley International chair among missing after yacht disaster
RIA NEWS AUG 20, 2024
Morgan Stanley International chair among missing after yacht disaster

Jonathan Bloomer was on the luxury vessel that sank off Sicily.

By Bloomberg
Global stocks on track for 2024's best winning streak
RIA NEWS AUG 20, 2024
Global stocks on track for 2024's best winning streak

Monday continued gains for US, international indexes.

By Bloomberg
Why Wall Street strategists are betting on European equities
RIA NEWS AUG 20, 2024
Why Wall Street strategists are betting on European equities

Survey of experts reveals optimism for new record highs.

By Bloomberg
Middle-market Americans feel fine on finances, but economic worries remain
RIA NEWS AUG 19, 2024
Middle-market Americans feel fine on finances, but economic worries remain

Most survey respondents are saving less because of inflation and taxes, but less than half have turned to advisors for help.

By Leo Almazora
Wall Street extends stocks' $3T winning streak
RIA NEWS AUG 19, 2024
Wall Street extends stocks' $3T winning streak

Investor hopes for a Fed rate cut build as the central bank's pivotal meeting at Jackson Hole approaches.

By Bloomberg
Gold keeps glittering. But are financial advisors buying?
RIA NEWS AUG 19, 2024
Gold keeps glittering. But are financial advisors buying?

Gold continues to flirt with new highs, but not all advisors have been lured in by the shiny metal.

By Gregg Greenberg