RIA News

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Are traders relying too much on history in bets on early rate cut?
INVESTING FIXED INCOME JAN 17, 2024
Are traders relying too much on history in bets on early rate cut?

Some strategists believe the Fed will wait longer than it has in the past.

By Bloomberg
IMF warns of worryingly high liquidity risks
RIAS RIA NEWS JAN 17, 2024
IMF warns of worryingly high liquidity risks

Executive says many countries have extremely high debt due to pandemic borrowing.

By Bloomberg
JPMorgan plans to hire again as deals, wealth business grow
ADVISOR NEWS INDEPENDENT BROKER DEALERS JAN 17, 2024
JPMorgan plans to hire again as deals, wealth business grow

President Daniel Pinto also shares his views on rate cuts.

By Bloomberg
What's the $20T climate theme that's outperforming other strategies?
RIAS RIA NEWS JAN 17, 2024
What's the $20T climate theme that's outperforming other strategies?

UBS Global Wealth Management sees a bright spot for this green investment.

By Bloomberg
Over a third of US advisors plan to retire within 10 years
RIAS RIA NEWS JAN 16, 2024
Over a third of US advisors plan to retire within 10 years

Succession planning is critical, as advisors 55 and older account for 42 percent of head count but 57 percent of assets, Cerulli found.

By Emile Hallez
Morgan Stanley's new CEO Pick has wealth management in his veins
ADVISOR NEWS INDEPENDENT BROKER DEALERS JAN 16, 2024
Morgan Stanley's new CEO Pick has wealth management in his veins

Industry executive warns it will take time for Pick to earn the trust of advisors.

By Bruce Kelly
Bob Doll named CEO of Crossmark
RIAS RIA NEWS JAN 16, 2024
Bob Doll named CEO of Crossmark

Doll, who succeeds Mike Kern as the faith-based investment management firm's CEO, will continue to serve as its chief investment officer.

By InvestmentNews
RIA M&A activity sails strong into 2024, Echelon says
RIAS RIA NEWS JAN 16, 2024
RIA M&A activity sails strong into 2024, Echelon says

Deal volume comes in above 300 again in 2023, with well-capitalized RIA acquirers dominating, according to report.

By Josh Welsh
Can the wirehouses stop leaking advisors?
ADVISOR NEWS WIREHOUSES JAN 16, 2024
Can the wirehouses stop leaking advisors?

Many advisors are leaving, disillusioned by what they consider prohibitive pay grids and a lack of flexibility.

By InvestmentNews
RIAs to have a rollicking year
RIAS RIA NEWS JAN 16, 2024
RIAs to have a rollicking year

In the wake of Fisher Investments deal chatter, 2024 will likely be studded with significant transactions involving registered investment advisors.

By Bruce Kelly
Moisand helps amplify CFP Board’s voice in fight for fiduciary advice
RIAS RIA NEWS JAN 16, 2024
Moisand helps amplify CFP Board’s voice in fight for fiduciary advice

In one of his last actions as CFP Board chairman, Daniel Moisand testified at last month’s hearings on the Department of Labor’s latest advice proposal.

By Mark Schoeff Jr.
How depths of 9/11 trauma propelled planning career
RIAS RIA NEWS JAN 16, 2024
How depths of 9/11 trauma propelled planning career

Dr. Nicole B. Simpson was in Tower Two when the planes hit the World Trade Center, altering the course of her personal and professional life forever.

By Emily Douglas
Despite more than $2B in fines, financial industry still uses risky communications
ADVISOR NEWS FINTECH JAN 16, 2024
Despite more than $2B in fines, financial industry still uses risky communications

Report reveals texting and messaging apps common at RIAs and broker-dealers.

By Steve Randall
Laird Norton, Wetherby to bring all offices under new streamlined brand
RIAS RIA NEWS JAN 16, 2024
Laird Norton, Wetherby to bring all offices under new streamlined brand

The move combines wealth management and investment advisory under one name.

By Steve Randall
ETFs, model portfolios among the hottest investment trends for 2024
RIAS RIA NEWS JAN 16, 2024
ETFs, model portfolios among the hottest investment trends for 2024

Natixis Investment Managers’ portfolio managers, strategists and executives share their outlook.

By Steve Randall
It’s too soon to bet on aggressive rate cuts, says IMF executive
ADVISOR NEWS REGULATION AND LEGISLATION JAN 16, 2024
It’s too soon to bet on aggressive rate cuts, says IMF executive

Inflation is still not under control so cuts may be smaller than expected.

By Bloomberg
Dollar up, Treasuries climb as Fed rates sentiment eases
RIAS RIA NEWS JAN 16, 2024
Dollar up, Treasuries climb as Fed rates sentiment eases

Greenback gains alongside less risky assets ahead of Waller speech.

By Bloomberg
Why US earnings may easily beat expectations
INVESTING EQUITIES JAN 16, 2024
Why US earnings may easily beat expectations

Morgan Stanley analyst says forecasts have set the stage for surprises.

By Bloomberg
EM stocks drop for worst start to a year since 2016
RIAS RIA NEWS JAN 16, 2024
EM stocks drop for worst start to a year since 2016

Geopolitics and higher rates are weighing on sentiment.

By Bloomberg
Wells Fargo Advisors to sell new bitcoin ETFs
INVESTING ALTERNATIVES JAN 12, 2024
Wells Fargo Advisors to sell new bitcoin ETFs

'We’ve made significant investments the last few years across our franchise to better serve our customers, and help drive growth,' says Wells CFO Mike Santomassimo.

By Bruce Kelly