RIA News

Displaying 36702 results
Billionaire vs. auction house $233M trial begins over 'lost Leonardo'
RIAS RIA NEWS JAN 10, 2024
Billionaire vs. auction house $233M trial begins over 'lost Leonardo'

New York court case provides rare glimpse of often opaque fine art world.

By Bloomberg
SEC denies bitcoin ETF approval after X account compromised
INVESTING ALTERNATIVES JAN 09, 2024
SEC denies bitcoin ETF approval after X account compromised

Chair Gary Gensler denounces unauthorized social media post.

By James Burton
Mercer adds $275M RIA in Iowa
RIAS RIA NEWS JAN 09, 2024
Mercer adds $275M RIA in Iowa

The deal for River Glen Wealth Counselors adds to the firm’s presence in the central U.S.

By InvestmentNews
'Wall Street South' beckons financial services firms
ADVISOR NEWS OPINION JAN 09, 2024
'Wall Street South' beckons financial services firms

Why hedge fund managers, advisory firms and other financial services firms are basking in the sun in Miami.

By Michael Nessim
BlackRock, State Street cited for blocking green resolutions
RIAS RIA NEWS JAN 09, 2024
BlackRock, State Street cited for blocking green resolutions

A report from nonprofit ShareAction finds BlackRock supported just of 20 climate resolutions in 2023 that were analyzed by ShareAction.

By Bloomberg
Diversify launches wealth management partner platform with three RIAs
RIAS RIA NEWS JAN 09, 2024
Diversify launches wealth management partner platform with three RIAs

New offering is for advisors seeking the next step of their career.

By Steve Randall
Smartleaf Asset Management announces strategic partnership with Clearstead Advisors
RIAS RIA NEWS JAN 09, 2024
Smartleaf Asset Management announces strategic partnership with Clearstead Advisors

The collaboration will enable greater tax optimization for Clearstead clients.

By Steve Randall
Why activist investors are set to pull back on ESG campaigns
RIAS RIA NEWS JAN 09, 2024
Why activist investors are set to pull back on ESG campaigns

It's all about effectiveness, says consulting firm.

By Bloomberg
Raymond James' Reilly sees comp soar in 2023
ADVISOR NEWS INDEPENDENT BROKER DEALERS JAN 08, 2024
Raymond James' Reilly sees comp soar in 2023

Total compensation for the IBD's CEO hit $34.9 million in the company's fiscal year ended Sept. 30.

By Bruce Kelly
Americans facing dual challenge of trying to save while managing credit card debt
RIAS RIA NEWS JAN 08, 2024
Americans facing dual challenge of trying to save while managing credit card debt

Higher income individuals recorded larger increases in card balances in 2023.

By Steve Randall
Hub International adds new acquisition to its South Florida practice
RIAS RIA NEWS JAN 08, 2024
Hub International adds new acquisition to its South Florida practice

Latest deal will help expand the firm's reach and capabilities in the region.

By Steve Randall
High-yield munis had a great 2023, but this year may disappoint
INVESTING FIXED INCOME JAN 08, 2024
High-yield munis had a great 2023, but this year may disappoint

Money managers are bearish on continued gains for the US debt assets.

By Bloomberg
Will US banks be overshadowed by European peers in 2024?
RIAS RIA NEWS JAN 08, 2024
Will US banks be overshadowed by European peers in 2024?

Undervalued European lenders may be heading for a stellar year.

By Bloomberg
UBS is expanding its China onshore wealth business
ADVISOR NEWS WIREHOUSES JAN 08, 2024
UBS is expanding its China onshore wealth business

Despite tough conditions in the region, the wealth and asset manager sees potential.

By Bloomberg
Solid payroll gains seen cutting chances for March rate cut
INVESTING FIXED INCOME JAN 05, 2024
Solid payroll gains seen cutting chances for March rate cut

Futures are now pricing about 135 basis points of Fed rate cuts this year, down from more than 150 basis points earlier in the week.

By Bloomberg
Savant Wealth Management expands into Florida with acquisition of $440M firm
RIAS RIA NEWS JAN 05, 2024
Savant Wealth Management expands into Florida with acquisition of $440M firm

Fee-only RIA completed its 11th deal of 2023 at the end of December.

By Steve Randall
Alger to add Redwood to $22B fund management business
RIAS RIA NEWS JAN 05, 2024
Alger to add Redwood to $22B fund management business

New York-based firm is betting on global equities rather than bonds, alts.

By Bloomberg
Asia's richest man back on top with $97B amid court probe reprieve
RIAS RIA NEWS JAN 05, 2024
Asia's richest man back on top with $97B amid court probe reprieve

Gautam Adani's firm had lost as much as $150B in market value at one point last year.

By Bloomberg
Ken Fisher potentially seeking 'some liquidity': Source
RIAS RIA NEWS JAN 04, 2024
Ken Fisher potentially seeking 'some liquidity': Source

'Apparently, he doesn't want private equity money,' source says of the 73-year-old executive chairman of Fisher Investments.

By Bruce Kelly
Rates, inflation still enough to keep would-be investors on the sidelines
RIAS RIA NEWS JAN 04, 2024
Rates, inflation still enough to keep would-be investors on the sidelines

Concern about personal finances remains elevated, says Allianz Life.

By Steve Randall