RIA News

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Volatility likely for markets but the 'Trump Trade' remains for now
RIA NEWS JUL 22, 2024
Volatility likely for markets but the 'Trump Trade' remains for now

Volatility likely for markets but the ‘Trump Trade’ remains for now.

By Steve Randall
S&P 500 set for new energy during earnings season
RIA NEWS JUL 22, 2024
S&P 500 set for new energy during earnings season

Bloomberg Live Pulse survey shows increased confidence.

By Bloomberg
Tremors in the bond markets
RIA NEWS JUL 22, 2024
Tremors in the bond markets

With geopolitics throwing in curveballs, what’s ahead?

By Bloomberg
Asset managers' main AI benefit will not be investment performance, says Moody's
RIA NEWS JUL 22, 2024
Asset managers' main AI benefit will not be investment performance, says Moody's

But there are significant gains for firms that embrace the technology.

By Steve Randall
Banking system resilience efforts weakening warns FSB
RIA NEWS JUL 22, 2024
Banking system resilience efforts weakening warns FSB

Hedge funds and private credit firms' vulnerabilities not fully known.

By Bloomberg
Higher rates on cash could cost LPL $380 million: analyst
INDEPENDENT BROKER DEALERS JUL 19, 2024
Higher rates on cash could cost LPL $380 million: analyst

"This would effectively be a reset in earnings," the analyst wrote.

By Bruce Kelly
Why RMIs give clients peace of mind
RIA NEWS JUL 19, 2024
Why RMIs give clients peace of mind

When markets are getting crushed., nothing promotes peace of mind like a pile of cash in an account, according to Kevin Grimes, of Grimes & Company.

By Emily Douglas
Global computer outage impacts banks, airlines early Friday
RIA NEWS JUL 19, 2024
Global computer outage impacts banks, airlines early Friday

Cybersecurity program crash, Microsoft cloud issue stalled business.

By Bloomberg
Bluespring Wealth Partners welcomes $500M as affiliate
RIA NEWS JUL 19, 2024
Bluespring Wealth Partners welcomes $500M as affiliate

Indiana firm has transitioned its investment business to Kestra Financial platform.

By Steve Randall
Mutual of America promotes $29B RIA leader to group CEO
RIA NEWS JUL 19, 2024
Mutual of America promotes $29B RIA leader to group CEO

Former JPMorgan leader has overseen strong growth of business unit.

By Steve Randall
Are we ignoring a US economic crisis that could emerge by 2030?
RIA NEWS JUL 19, 2024
Are we ignoring a US economic crisis that could emerge by 2030?

By Steve Randall
American pension funds indirectly supporting Russian LNG exports
RIA NEWS JUL 19, 2024
American pension funds indirectly supporting Russian LNG exports

Uncomfortable link prompts calls for greater clarity.

By Bloomberg
Plans, value props, and personas make the difference for top RIA firms
RIA NEWS JUL 18, 2024
Plans, value props, and personas make the difference for top RIA firms

Firms that lead the pack in new clients and AUM growth are more likely to have clear marketing plans and directions, Schwab says.

By Leo Almazora
Outflows from sustainable funds slow down
RIA NEWS JUL 18, 2024
Outflows from sustainable funds slow down

Will clean energy make a comeback as the Inflation Reduction Act moves to an implementation phase?

By Emile Hallez
Managed accounts consolidation is inevitable, says Cerulli
RIA NEWS JUL 18, 2024
Managed accounts consolidation is inevitable, says Cerulli

With three-fifths of survey respondents expecting a unified environment in at least two years, platform providers have to work hard to win advisors over.

By Leo Almazora
Blackstone prepping new funds for retail market
ALTERNATIVES JUL 18, 2024
Blackstone prepping new funds for retail market

"With a big name like Blackstone, it's easier for a broker-dealer or RIA to get behind that brand," says industry executive.

By Bruce Kelly
CW Advisors snaps up Mercadien Asset Management
RIA NEWS JUL 18, 2024
CW Advisors snaps up Mercadien Asset Management

The Audax-backed RIA’s latest acquisition vaults it to the $8.8B AUM mark while expanding its presence in New Jersey.

By Leo Almazora
Equestrian-focused advisor leaps to LPL from Edward Jones
RIA NEWS JUL 18, 2024
Equestrian-focused advisor leaps to LPL from Edward Jones

The broker-dealer giant has broadened its reach in Washington as the $170M veteran advisor launches his own practice.

By Leo Almazora
Envestnet acquisition should ‘embolden’ advisors
RIA NEWS JUL 18, 2024
Envestnet acquisition should ‘embolden’ advisors

The deal "signals to people who are going independent that there's money out there to be had."

By Josh Welsh
Most investors remain bullish but concerned about inflation, skeptical on rate cuts
RIA NEWS JUL 18, 2024
Most investors remain bullish but concerned about inflation, skeptical on rate cuts

Morgan Stanley survey reveals mega-caps driving sentiment.

By Steve Randall