RIA News

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Goldman strategists are warning over certain tech stocks
RIA NEWS MAY 13, 2024
Goldman strategists are warning over certain tech stocks

Some companies that have yet to be profitable could risk insolvency.

By Bloomberg
Traders hold firm on EM currency debt despite Fed
RIA NEWS MAY 13, 2024
Traders hold firm on EM currency debt despite Fed

Higher-for-longer rates impact bet, but money managers remain upbeat.

By Bloomberg
Why are senior JPMorgan execs 'jumping' to Wells Fargo?
INDEPENDENT BROKER DEALERS MAY 10, 2024
Why are senior JPMorgan execs 'jumping' to Wells Fargo?

Senior industry executive poses the question after latest switch, this time in investment banking.

By Bruce Kelly
Quant King Jim Simons passes away at 86
RIA NEWS MAY 10, 2024
Quant King Jim Simons passes away at 86

The former code breaker and mathematician-investor behind the secretive hedge fund Renaissance Technologies leaves behind an indelible legacy.

By Bloomberg
JPMorgan turns heads after signing powerhouse $28B team from Merrill
RIA NEWS MAY 10, 2024
JPMorgan turns heads after signing powerhouse $28B team from Merrill

The monster hire, historic in the scale of assets involved, helps America’s largest bank push deeper into the coveted ultra-high-net-worth arena.

By Leo Almazora
Integrated Partners names Andree Mohr president
RIA NEWS MAY 10, 2024
Integrated Partners names Andree Mohr president

Mohr will focus on enhancing advisor support, training, and technology at the Boston, Massachusetts-based national planning firm and RIA.

By Leo Almazora
Equities rally continues ahead of Fed speeches
RIA NEWS MAY 10, 2024
Equities rally continues ahead of Fed speeches

The data suggests cuts but what will Fed officials signal?

By Bloomberg
Half of FSA holders forfeited funds to their employers: EBRI report
RIA NEWS MAY 10, 2024
Half of FSA holders forfeited funds to their employers: EBRI report

An analysis of over 3.2 million accounts also reveals increased contributions.

By Steve Randall
RIA-focused fintech Flourish is living up to its name
LIFE INSURANCE AND ANNUITIES MAY 10, 2024
RIA-focused fintech Flourish is living up to its name

The firm has announced a surge in advisors and AUC.

By Steve Randall
UBS mulls bonuses for wealth management referrals
RIA NEWS MAY 10, 2024
UBS mulls bonuses for wealth management referrals

Fees would be paid for bankers introducing wealthy clients.

By Bloomberg
Bill Ackman confronted at Milken over DEI views
RIA NEWS MAY 10, 2024
Bill Ackman confronted at Milken over DEI views

Hedge fund veteran faced his critics at premier business event.

By Bloomberg
JPMorgan, Citi weigh potential from EU bonds change
RIA NEWS MAY 10, 2024
JPMorgan, Citi weigh potential from EU bonds change

The bloc’s debt could be added to MSCI sovereign bond indexes.

By Bloomberg
SEC slaps ex-advisor with subpoena - again - over alleged cherry picking
RIA NEWS MAY 09, 2024
SEC slaps ex-advisor with subpoena - again - over alleged cherry picking

'An advisor can only blow off the SEC for so long,' said one industry executive.

By Bruce Kelly
Wealth firms’ war for wallet share fuels consolidation, says Cerulli
RIA NEWS MAY 09, 2024
Wealth firms’ war for wallet share fuels consolidation, says Cerulli

Report reveals how top firms are taking more assets through M&A as they look to assimilate technology and service offerings.

By Leo Almazora
Concurrent bolsters Arizona presence with new independent practice
RIA NEWS MAY 09, 2024
Concurrent bolsters Arizona presence with new independent practice

With a complex merger deal culminating in a $500M book of assets, the hybrid RIA welcomes three ex-Raymond James advisors.

By Leo Almazora
Most Americans have modest savings goals, but do they meet them?
RIA NEWS MAY 09, 2024
Most Americans have modest savings goals, but do they meet them?

New survey also reveals disconnect between intention and action for tax refunds.

By Steve Randall
Military households more likely to suffer financial challenges, study reveals
RIA NEWS MAY 09, 2024
Military households more likely to suffer financial challenges, study reveals

NFCC report shows requirement for financial advice is strong.

By Steve Randall
US sees uptick of homes 'seriously underwater'
RIA NEWS MAY 09, 2024
US sees uptick of homes 'seriously underwater'

Around 1 in 37 have loan balances at least 25% more than their value.

By Bloomberg
Wheat concerns as weather, geopolitics weaken stockpiles
RIA NEWS MAY 09, 2024
Wheat concerns as weather, geopolitics weaken stockpiles

US government reports on outlook as futures gain.

By Bloomberg
Has the bitcoin rebound peaked?
RIA NEWS MAY 09, 2024
Has the bitcoin rebound peaked?

The crypto is headed for its longest losing streak since October.

By Bloomberg