RIA News

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Consumers facing higher costs as Chinese firms pass on tariff burden
RIAS RIA NEWS APR 28, 2025
Consumers facing higher costs as Chinese firms pass on tariff burden

Move will raise concerns of inflationary impact of tariffs.

By Bloomberg
Americans earning under $200K could pay less tax, or perhaps nothing says Trump
RIAS RIA NEWS APR 28, 2025
Americans earning under $200K could pay less tax, or perhaps nothing says Trump

President says tariffs could see income tax ‘completely eliminated’ for some

By Steve Randall
As Magnificent 7 report earnings, demand for Nasdaq-100 in 401(k)s revealed
INVESTING EQUITIES APR 28, 2025
As Magnificent 7 report earnings, demand for Nasdaq-100 in 401(k)s revealed

Alphabet exceeded expectations, but this week will reveal four more

By Steve Randall
Secure Their Financial Future with Growth and Protection
RIAS RIA NEWS APR 28, 2025
Secure Their Financial Future with Growth and Protection

Can an annuity help your clients get there?

Edward Jones announces C-suite shakeup with eye toward next chapter
ADVISOR NEWS INDEPENDENT BROKER DEALERS APR 25, 2025
Edward Jones announces C-suite shakeup with eye toward next chapter

The leadership changes coming in June, which also include wealth management and digital unit heads, come as the firm pushes to offer more comprehensive services.

By Leo Almazora
Harvard muni bonds a buy amid battle with Trump White House, Barclays says
INVESTING FIXED INCOME APR 25, 2025
Harvard muni bonds a buy amid battle with Trump White House, Barclays says

Strategist sees relatively little risk of the university losing its tax-exempt status, which could pose opportunity for investors with a "longer time horizon."

By Bloomberg
Independent Financial Group taps industry veteran Keefe as new president, COO
ADVISOR NEWS INDEPENDENT BROKER DEALERS APR 25, 2025
Independent Financial Group taps industry veteran Keefe as new president, COO

IFG works with 550 producing advisors and generates about $325 million in annual revenue, said Dave Fischer, the company's co-founder and chief marketing officer.

By Bruce Kelly
Net Positive Consortium gains momentum with new members, first strategic partner
RIAS RIA NEWS APR 25, 2025
Net Positive Consortium gains momentum with new members, first strategic partner

Five new RIAs are joining the industry coalition promoting firm-level impact across workforce, client, community and environmental goals.

By Leo Almazora
$30B SEIA taps AssetMark alum Matt Matrisian to lead as president
RIAS RIA NEWS APR 25, 2025
$30B SEIA taps AssetMark alum Matt Matrisian to lead as president

The independent RIA's new hire, with a decade of M&A experience from his former firm and Raymond James, comes as SEIA logs record growth in 2024.

By Leo Almazora
Advisor moves: BofA bags $5B Citi advisor as Raymond James announces Janney hire
RIAS RIA NEWS APR 25, 2025
Advisor moves: BofA bags $5B Citi advisor as Raymond James announces Janney hire

Bank of America gains strength in NY a veteran UHNW advisor while RayJay welcomes a three-decade industry veteran in Georgia.

By Leo Almazora
Despite rocky market, ETF launches for retail mavericks roll on
INVESTING ETFS APR 25, 2025
Despite rocky market, ETF launches for retail mavericks roll on

A decline in bullishness across Wall Street has not stifled financial innovation in the ETF industry, with scores of new funds minted including leveraged and exotic bets.

By Bloomberg
US futures higher on Fed rate cut expectation
RIAS RIA NEWS APR 25, 2025
US futures higher on Fed rate cut expectation

China may suspend some tariffs on US goods.

By Bloomberg
Alphabet beats sales expectations on Google search revenue
RIAS RIA NEWS APR 25, 2025
Alphabet beats sales expectations on Google search revenue

Shares up 5% in premarket trading following stronger results.

By Bloomberg
How hedge funds are navigating anti-climate agenda
RIAS RIA NEWS APR 25, 2025
How hedge funds are navigating anti-climate agenda

Trump policies mean finding new ways to gain from low-carbon bets.

By Bloomberg
Is Musk's X finally turning a corner on revenue?
RIAS RIA NEWS APR 25, 2025
Is Musk's X finally turning a corner on revenue?

Former Twitter company now less reliant on advertising.

By Bloomberg
ADVISOR NEWS RETIREMENT PLANNING APR 25, 2025
More Americans are moving money, but who, why, and where?

Advisors should not just focus on rollovers in money movement advice

By Steve Randall
Advisors handicap the brewing battle between Trump and Powell
INVESTING EQUITIES APR 24, 2025
Advisors handicap the brewing battle between Trump and Powell

It's a showdown for the ages as wealth managers assess its impact on client portfolios.

By Gregg Greenberg
Savvy Wealth wooes Commonwealth advisors with Fidelity advantage
RIAS RIA NEWS APR 24, 2025
Savvy Wealth wooes Commonwealth advisors with Fidelity advantage

CEO Ritik Malhotra is leveraging Savvy Wealth's Fidelity partnership in offers to Commonwealth advisors, alongside "Acquisition Relief Boxes" filled with cookies, brownies, and aspirin.

By Andrew Cohen
Most large cap S&P 500 CEOs got a large pay rise as markets surged
RIAS RIA NEWS APR 24, 2025
Most large cap S&P 500 CEOs got a large pay rise as markets surged

But shareholders may not be happy if leaders gain in 2025

By Steve Randall
Elder fraud complaints surge past $4.8 billion as investment scams lead losses
RIAS RIA NEWS APR 24, 2025
Elder fraud complaints surge past $4.8 billion as investment scams lead losses

Fraud losses among Americans 60 and older surged 43 percent in 2024, led by investment schemes involving crypto and social manipulation.

By Leo Almazora