RIA News

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Homrich Berg eyes further expansion as $18B firm gains new investment
RIA NEWS SEP 27, 2024
Homrich Berg eyes further expansion as $18B firm gains new investment

A new minority partner will help firm continue its growing footprint.

By Steve Randall
Stock rally on hold ahead of key US economic data
RIA NEWS SEP 27, 2024
Stock rally on hold ahead of key US economic data

Markets await PCE report Friday.

Bitcoin headed for one of its best Septembers ever
RIA NEWS SEP 27, 2024
Bitcoin headed for one of its best Septembers ever

The crypto is set to buck a seasonal jinx.

It's been a bad week for oil, deep weekly loss expected
RIA NEWS SEP 27, 2024
It's been a bad week for oil, deep weekly loss expected

Prices have dropped sharply in two sessions on likely supply hikes.

Why has tech founder Peter Thiel sold $1B of his firm's stock?
RIA NEWS SEP 27, 2024
Why has tech founder Peter Thiel sold $1B of his firm's stock?

Palantir stock has more than doubled this year.

Scion of former B-D owner bolts B. Riley
INDEPENDENT BROKER DEALERS SEP 26, 2024
Scion of former B-D owner bolts B. Riley

Meanwhile, other broker-dealers are talking to teams of B. Riley financial advisors.

By Bruce Kelly
Is your client selling their business? Dynasty Financial study digs into exits and advisors
RETIREMENT PLANNING SEP 26, 2024
Is your client selling their business? Dynasty Financial study digs into exits and advisors

A trio of advisors discuss their replies to a new survey on business sales by Dynasty Financial.

By Gregg Greenberg
Carson Wealth widens Montana footprint with True North partnership
RIA NEWS SEP 26, 2024
Carson Wealth widens Montana footprint with True North partnership

The firm has secured its second location in Billings with a six-person advisory team managing over $400M in assets.

By Leo Almazora
Trump lawyers fight to erase $112,000-a-day debt
RIA NEWS SEP 26, 2024
Trump lawyers fight to erase $112,000-a-day debt

The attempt to nullify the biggest liability on the Republican presidential nominee's personal balance sheet is a financial gamble.

By Bloomberg
NYC Mayor Eric Adams indicted on federal bribery and fraud charges
RIA NEWS SEP 26, 2024
NYC Mayor Eric Adams indicted on federal bribery and fraud charges

The indictment revealed on Thursday represents a stunning fall from grace following a monthslong corruption investigation.

By Leo Almazora
Dynasty Financial shakes up leadership with COO hire, new positions
RIA NEWS SEP 26, 2024
Dynasty Financial shakes up leadership with COO hire, new positions

The independent giant is looking to its next stage of growth as it adds and promotes industry veterans to its executive suite.

By Leo Almazora
Move to Gries Financial Partners "feels like home" for industry veteran
RIA NEWS SEP 26, 2024
Move to Gries Financial Partners "feels like home" for industry veteran

RIA founder and consultant starting a new role as chief growth officer.

By Emile Hallez
Goldman Sachs, Alphabet among firms hit with $3.8B SEC late filing penalties
RIA NEWS SEP 26, 2024
Goldman Sachs, Alphabet among firms hit with $3.8B SEC late filing penalties

Delayed information included beneficial ownership, insider transaction.

By Steve Randall
Can the next generation step up to the challenge of managing family fortunes?
RIA NEWS SEP 26, 2024
Can the next generation step up to the challenge of managing family fortunes?

Family offices express concerns as intergenerational wealth transfer approaches.

By Steve Randall
BlackRock believes market can manage earnings downgrades
RIA NEWS SEP 26, 2024
BlackRock believes market can manage earnings downgrades

Research director says valuations are 'not crazily high.'

Treasuries on pause as traders await signs of another Fed jumbo cut
RIA NEWS SEP 26, 2024
Treasuries on pause as traders await signs of another Fed jumbo cut

All eyes are jobless claims and Fed speakers for signals.

OpenAI weighs shift to for-profit entity, 7% stake for Sam Altman
RIA NEWS SEP 26, 2024
OpenAI weighs shift to for-profit entity, 7% stake for Sam Altman

AI firm's founder could add billions to his personal fortune.

Boost for crypto as PayPal greenlights business transactions
RIA NEWS SEP 26, 2024
Boost for crypto as PayPal greenlights business transactions

Business account holders will now be able to deal in cryptocurrencies.

Younger HNWIs love AI – and they want advisors on board
FINTECH SEP 25, 2024
Younger HNWIs love AI – and they want advisors on board

Poll reveals four-fifths of younger affluent investors want their advisors to use AI tools, and a third would consider firing non-adopters.

By Leo Almazora
SEC bars ex-LPL broker who stole $1.7 million from clients to buy house
REGULATION, LEGAL & COMPLIANCE SEP 25, 2024
SEC bars ex-LPL broker who stole $1.7 million from clients to buy house

The alleged fraud began in 2020, according to the SEC.

By Bruce Kelly