RIA News

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Cetera reveals latest credit union partnership with Cal Coast deal
RIA NEWS AUG 02, 2024
Cetera reveals latest credit union partnership with Cal Coast deal

With around $3.4B in assets and 200,000 members, California Coast Credit Union is joining Cetera’s financial institution arm from Osaic.

By Leo Almazora
New DOJ whistleblowers program is now live, but how does it differ from the others?
RIA NEWS AUG 02, 2024
New DOJ whistleblowers program is now live, but how does it differ from the others?

The pilot program intends to fill gaps in existing schemes.

By Steve Randall
CFA Institute's new framework aims to improve clarity for index investment products
RIA NEWS AUG 02, 2024
CFA Institute's new framework aims to improve clarity for index investment products

It hopes to bring greater transparency and more effective communication.

By Steve Randall
Wall Street unimpressed by big tech's AI gamble
RIA NEWS AUG 02, 2024
Wall Street unimpressed by big tech's AI gamble

Billions are being invested but when will there be ROI?

By Bloomberg
Jump for Treasuries as traders await payroll data
RIA NEWS AUG 02, 2024
Jump for Treasuries as traders await payroll data

Stats could strengthen the case for a September Fed cut.

By Bloomberg
BNP in talks to create asset management titan
RIA NEWS AUG 02, 2024
BNP in talks to create asset management titan

It's the latest proposed big tie up in the investment industry.

By Bloomberg
Intel could be headed for worst share slump in 24 years
RIA NEWS AUG 02, 2024
Intel could be headed for worst share slump in 24 years

Chipmaker's results suggest it may struggle in AI race.

By Bloomberg
As college costs surge, three-quarters of parents have started saving for their kids
RIA NEWS AUG 01, 2024
As college costs surge, three-quarters of parents have started saving for their kids

Fidelity research reveals the psychic toll of inflation and student debt, and how heart-to-heart conversations could kickstart the 529 habit.

By Leo Almazora
Merrill Lynch nabs three advisors from Morgan Stanley
RIA NEWS AUG 01, 2024
Merrill Lynch nabs three advisors from Morgan Stanley

The Wall Street giant is expanding its profile in key markets with a trio of new additions who collectively oversaw more than $1B.

By Leo Almazora
Social media platform founder charged by SEC in alleged $170M fraud
RIA NEWS AUG 01, 2024
Social media platform founder charged by SEC in alleged $170M fraud

Investors should be 'vigilant in this space' warns SEC regional director.

By Steve Randall
Captrust chief says $1T AUM milestone is a 'surreal achievement'
RIA NEWS AUG 01, 2024
Captrust chief says $1T AUM milestone is a 'surreal achievement'

The firm expects to benefit from further consolidation.

By Steve Randall
Securities class actions are another thing being accelerated by AI
RIA NEWS AUG 01, 2024
Securities class actions are another thing being accelerated by AI

Report finds fewer filings related to cryptos, more related to AI.

By Steve Randall
Fed rate cut trajectory is a hot topic on earnings calls
RIA NEWS AUG 01, 2024
Fed rate cut trajectory is a hot topic on earnings calls

Corporate America is trying to figure out the path after September.

By Bloomberg
Oil traders weigh price hikes amid rising tensions
RIA NEWS AUG 01, 2024
Oil traders weigh price hikes amid rising tensions

Call options contracts have seen a spike in trading.

By Bloomberg
Homeowner wealth posts uptick in second quarter
RIA NEWS AUG 01, 2024
Homeowner wealth posts uptick in second quarter

Home equity boost sees underwater US mortgages at 5-year low.

By Bloomberg
Bill Ackman backtracks on Pershing Square US fund
RIA NEWS JUL 31, 2024
Bill Ackman backtracks on Pershing Square US fund

After multiple setbacks and delays, the hedge fund titan has cancelled the much-anticipated IPO for his closed-end fund.

By Leo Almazora
Mistress of Texas Ponzi schemer and ex-advisor gets life in prison
RIA NEWS JUL 31, 2024
Mistress of Texas Ponzi schemer and ex-advisor gets life in prison

“She probably ruined a lot of lives," said one attorney. "I’m not crying for her.”

By Bruce Kelly
Fed keeps focus on risks as it holds rates steady
RIA NEWS JUL 31, 2024
Fed keeps focus on risks as it holds rates steady

Unanimous decision to leave benchmark rates at 5.25% comes as policymakers acknowledged "further progress" on inflation.

By Bloomberg
Bluespring snaps up $1.35B retirement planning powerhouse
RIA NEWS JUL 31, 2024
Bluespring snaps up $1.35B retirement planning powerhouse

The wealth aggregator is extending its presence in Pennsylvania as it welcomes its 27th partner firm.

By Leo Almazora
Sequoia expands in Connecticut with $420M UHNW manager
RIA NEWS JUL 31, 2024
Sequoia expands in Connecticut with $420M UHNW manager

The nearly $20B RIA is extending its acquisition streak as it integrates a new team into its family office.

By Leo Almazora