RIA News

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Equities rally continues ahead of Fed speeches
RIAS 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
RIAS 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
INVESTING 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
RIAS 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
RIAS 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
RIAS 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
RIAS 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
RIAS 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
RIAS 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?
RIAS 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
RIAS 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'
RIAS 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
RIAS 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?
RIAS RIA NEWS MAY 09, 2024
Has the bitcoin rebound peaked?

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

By Bloomberg
Hipgnosis song fund set to be acquired by Blackstone
RIAS RIA NEWS MAY 09, 2024
Hipgnosis song fund set to be acquired by Blackstone

Concord has said it will not raise its bid any further.

By Bloomberg
Blackstone REIT in media cross hairs over valuation
INVESTING ALTERNATIVES MAY 08, 2024
Blackstone REIT in media cross hairs over valuation

Sketchy math dogs private market investments sold to retail investors.

By Bruce Kelly
The RIA M&A trend started off strong in Q1 2024
RIAS RIA NEWS MAY 08, 2024
The RIA M&A trend started off strong in Q1 2024

Devoe & Company research reveals uptick in transactions as succession challenges, quest for talent, and growth ambitions persist.

By Leo Almazora
Price tag for Trump tax cuts swells to $4.6T
RIAS RIA NEWS MAY 08, 2024
Price tag for Trump tax cuts swells to $4.6T

Estimates from Congressional Budget Office project renewed fiscal measures will more than double the cost of the original 2017 cuts.

By Bloomberg
Financial advisors pipe up on private credit allocations
RIAS RIA NEWS MAY 08, 2024
Financial advisors pipe up on private credit allocations

Advisors say private credit is a great way to add to diversification to a client portfolio, despite often lacking liquidity.

By Gregg Greenberg
Wealthspire to snap up all-women practice in Ohio
RIAS RIA NEWS MAY 08, 2024
Wealthspire to snap up all-women practice in Ohio

The New York-based RIA is extending its Midwestern presence with plans to acquire the $420M independent serving multigenerational clients.

By Leo Almazora