RIA News

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What does billionaire investor Ray Dalio see as biggest global risks?
RIA NEWS JUN 05, 2024
What does billionaire investor Ray Dalio see as biggest global risks?

Bridgewater Associates founder believes risks are intensifying.

By Bloomberg
Bitcoin above $71K amid rate cut hopes
RIA NEWS JUN 05, 2024
Bitcoin above $71K amid rate cut hopes

Crypto posts its longest winning streak since March.

By Bloomberg
European stocks poised for surge as ECB meeting nears
RIA NEWS JUN 05, 2024
European stocks poised for surge as ECB meeting nears

Expectation is high that the regional central bank will begin cuts.

By Bloomberg
Meta accused of withholding information from feds
RIA NEWS JUN 05, 2024
Meta accused of withholding information from feds

FTC wants to break up the social networking firm.

By Bloomberg
This GameStop episode may be different
RIA NEWS JUN 04, 2024
This GameStop episode may be different

With Roaring Kitty reportedly under scrutiny from regulators, brokers say the 'us-versus-them' spirit of the 2021 meme stock era is lacking this time around.

By Emile Hallez
AI vs. human advice: which one wins consumers’ trust?
RIA NEWS JUN 04, 2024
AI vs. human advice: which one wins consumers’ trust?

New Finra research peels back the layers on consumer sentiment and use of artificial intelligence for financial and investment advice.

By Leo Almazora
BNY Mellon unveils one-stop offering for advisor investment solutions
RIA NEWS JUN 04, 2024
BNY Mellon unveils one-stop offering for advisor investment solutions

The asset management giant’s new offering brings together managed accounts, asset allocation, custody and clearance, and other capabilities from across its ecosystem.

By Leo Almazora
CEO of David Lerner faces Finra investigation over product sales
ALTERNATIVES JUN 04, 2024
CEO of David Lerner faces Finra investigation over product sales

'For a CEO to be investigated by Finra is a pretty serious red flag, traditionally,' says one attorney.

By Bruce Kelly
Allworth extends growth push with storied California firm
RIA NEWS JUN 04, 2024
Allworth extends growth push with storied California firm

The $1B practice, founded in 1965, extends the national RIA's footprint to 42 office locations and roughly $22B in client assets.

By Leo Almazora
Billion-dollar advisors break away from Merrill with RIA launch
RIA NEWS JUN 04, 2024
Billion-dollar advisors break away from Merrill with RIA launch

Based in Southern California, the newly founded Alteri Wealth offers wealth and family office services to a broad swath of HNW and UHNW investors.

By Leo Almazora
Financial fumble or touchdown for NFL Players Association?
RIA NEWS JUN 04, 2024
Financial fumble or touchdown for NFL Players Association?

The NFLPA has shifted its focus from union-vetted individual advisors to powerhouse financial institutions, but is it helping the players in our ‘modern-day blood sport’.

By Bruce Kelly
Helping clients navigate a more complex future
RIA NEWS JUN 04, 2024
Helping clients navigate a more complex future

The world’s quicker and more complicated, but trust between advisor and client remains heartbeat of Integrated Partners, says CEO Paul Saganey.

By Gregg Greenberg
Beacon Pointe boosts Pacific Northwest presence with $775M RIA
RIA NEWS JUN 04, 2024
Beacon Pointe boosts Pacific Northwest presence with $775M RIA

The firm is doubling down on Seattle’s high-net-worth market by welcoming a veteran-led team with a focus on physicians.

By Leo Almazora
Wealth Enhancement Group swipes $658M team from Raymond James
RIA NEWS JUN 04, 2024
Wealth Enhancement Group swipes $658M team from Raymond James

The independent RIA marks the firm’s sixth deal for 2024, and its first incursion into the state of Michigan.

By Leo Almazora
Stratos strengthens Ohio presence with family-owned firm
RIA NEWS JUN 04, 2024
Stratos strengthens Ohio presence with family-owned firm

Led by a veteran with more than three decades of experience, the multigenerational team manages $120M for clients in Cleveland and beyond.

By Leo Almazora
Fund manager announces major partnership with multi-family office
RIA NEWS JUN 04, 2024
Fund manager announces major partnership with multi-family office

Strategic partnership will enhance advisory service capabilities for UHNW families.

By Steve Randall
Empower hires Morningstar investment expert for new strategy role
RIA NEWS JUN 04, 2024
Empower hires Morningstar investment expert for new strategy role

New appointee will add expertise to the firm’s $188B asset management unit.

By Steve Randall
TD facing new allegations in Florida, Bloomberg reports
RIA NEWS JUN 04, 2024
TD facing new allegations in Florida, Bloomberg reports

Canadian big six bank is already under investigation by US regulators.

By Bloomberg
Demand for bonds is soaring amid rate-cut speculation
RIA NEWS JUN 04, 2024
Demand for bonds is soaring amid rate-cut speculation

Led by US Treasuries, global demand for sovereign debt is rising.

By Bloomberg
Boost for EM stocks and currencies amid elections
RIA NEWS JUN 04, 2024
Boost for EM stocks and currencies amid elections

Traders are more confident but headwinds remain.

By Bloomberg