RIA News

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Sotheby's claims a first with $700M securitization backed by art-secured loans
RIAS RIA NEWS APR 18, 2024
Sotheby's claims a first with $700M securitization backed by art-secured loans

Art financing unit announces groundbreaking milestone.

By Steve Randall
Correction for Nvidia, chip stocks index
RIAS RIA NEWS APR 18, 2024
Correction for Nvidia, chip stocks index

The darlings of the market in recent years are facing challenges.

By Bloomberg
Fed's slower pace spreads to emerging markets
RIAS RIA NEWS APR 18, 2024
Fed's slower pace spreads to emerging markets

Rate cut bets in major Asian markets have eased.

By Bloomberg
Chili Peppers, Neil Young fund sells $2B catalog for a song
RIAS RIA NEWS APR 18, 2024
Chili Peppers, Neil Young fund sells $2B catalog for a song

Concord to buy struggling Hipgnosis fund for around $1.4B.

By Bloomberg
What Americans don't know about finance is costing them dearly
RIAS RIA NEWS APR 17, 2024
What Americans don't know about finance is costing them dearly

Poll of 2,000 US adults finds financial knowledge gaps lead to thousands of dollars in losses, especially for Gen Z and millennials.

By Leo Almazora
ESG investment battles recede as geopolitics take center stage
RIAS RIA NEWS APR 17, 2024
ESG investment battles recede as geopolitics take center stage

The number of client phone calls regarding environmental, social and governance investing has steadily diminished, some advisors say.

By Gregg Greenberg
SEC dings Minnesota investment manager over pay-to-play conflict
RIAS RIA NEWS APR 17, 2024
SEC dings Minnesota investment manager over pay-to-play conflict

'Is four grand really going to influence a politician’s thinking?' one consultant asks.

By Bruce Kelly
Spontaneous DAF contributions ignite more giving
RIAS RIA NEWS APR 17, 2024
Spontaneous DAF contributions ignite more giving

Vanguard Charitable research spanning tens of thousands of donor-advised fund accounts reveals the catalytic impact of gifts.

By Leo Almazora
Trump Media: A great stock to avoid altogether, advisors say
RIAS RIA NEWS APR 17, 2024
Trump Media: A great stock to avoid altogether, advisors say

Stock is a 'great way to destroy wealth' but that may not stop some of the former president's supporters.

By Emile Hallez
Apella seals deal for $464M advisory team
RIAS RIA NEWS APR 17, 2024
Apella seals deal for $464M advisory team

The fast-growing RIA’s addition of the Virginia practice marks its 17th acquisition.

By Leo Almazora
Summit sharpens HNW focus with souped-up alts platform
RIAS RIA NEWS APR 17, 2024
Summit sharpens HNW focus with souped-up alts platform

RIA unveils partnerships with leading tech and alts providers to arm advisors with a range of alternative investment options.

By Leo Almazora
Envestnet shares up 9% as reports suggest it's in talks to sell to PE
ADVISOR NEWS FINTECH APR 17, 2024
Envestnet shares up 9% as reports suggest it's in talks to sell to PE

Wealth management technology company has reportedly hired Morgan Stanley as advisor.

By Steve Randall
Rents still rising but investors are seeing slower annual increases: CoreLogic
RIAS RIA NEWS APR 17, 2024
Rents still rising but investors are seeing slower annual increases: CoreLogic

Latest CoreLogic Single-Family Rent Index reveals where rents are increasing the most.

By Steve Randall
Stocks gain as focus shifts from rates to earnings
RIAS RIA NEWS APR 17, 2024
Stocks gain as focus shifts from rates to earnings

S&P futures up 0.3% on hopes of a rebound after three days of losses.

By Bloomberg
Morgan Stanley downplays AML scrutiny for wealth clients
ADVISOR NEWS WIREHOUSES APR 17, 2024
Morgan Stanley downplays AML scrutiny for wealth clients

CEO says it's nothing new to be talking to regulators.

By Bloomberg
Risk analytics software: should your RIA firm have one?
RIAS RIA NEWS APR 17, 2024
Risk analytics software: should your RIA firm have one?

Since the advent of Big Data, more RIA firms are turning to risk analytics software. Should this be part of your RIA tech stack? Read on to find out.

By Ramon Berenguer
Women are struggling with health and wealth woes
ADVISOR NEWS RETIREMENT PLANNING APR 16, 2024
Women are struggling with health and wealth woes

Second-year poll of adult women shows financial and health-related concerns, with bipartisan support for federal policy solutions.

By Leo Almazora
30 percent of management's time should focus on organic growth, Duran says
RIAS RIA NEWS APR 16, 2024
30 percent of management's time should focus on organic growth, Duran says

Entrepreneur kicks off InvestmentNews’ RIA Activate with message to business leaders before industry executives discuss how to attract NextGen advisors.

By James Burton
Powell indicates delay in Fed rate cuts
RIAS RIA NEWS APR 16, 2024
Powell indicates delay in Fed rate cuts

The Fed chair said that if price pressures persist, the central bank can keep rates steady 'as long as needed.'

By Bloomberg
Fiduciary Institute shapes next-gen advisors with leadership course
RIAS PRACTICE MANAGEMENT APR 16, 2024
Fiduciary Institute shapes next-gen advisors with leadership course

The program seeks to build on the vision articulated by industry icon Dick Wagner.

By Leo Almazora