RIA News

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Weaker greenback means EM currencies are rebounding
RIAS RIA NEWS NOV 21, 2023
Weaker greenback means EM currencies are rebounding

But profit-taking could spark near-term volatility.

By Bloomberg
What is 'deep tech' and why is it now considered an established asset class?
RIAS RIA NEWS NOV 21, 2023
What is 'deep tech' and why is it now considered an established asset class?

Popular in venture capital, there are both challenges and opportunities for investors.

By Steve Randall
'Adulting does suck, but we're here to support you'
RIAS RIA NEWS NOV 20, 2023
'Adulting does suck, but we're here to support you'

Stoy Hall focuses on minimizing clients' financial worries, allowing them to concentrate on their families and wealth creation.

By InvestmentNews
Bitcoin is having a moment
RIAS RIA NEWS NOV 20, 2023
Bitcoin is having a moment

There’s a lot going on in the world of digital assets as advisors face questions about whether and how to use the asset class.

By Emile Hallez
Will employers pass the college planning test?
ADVISOR NEWS RETIREMENT PLANNING NOV 20, 2023
Will employers pass the college planning test?

As federal student loan payments resume, parts of the SECURE 2.0 Act will soon make it easier to save for college or contribute to a 401(k).

By Emile Hallez
Bitcoin ETF hype has Wall Street eyeing crypto potential
INVESTING ETFS NOV 20, 2023
Bitcoin ETF hype has Wall Street eyeing crypto potential

The SEC is expected to green-light spot-bitcoin ETFs in coming months, and that's seen as kicking open investing in digital currency among both institutional and retail investors.

By Bloomberg
Citi initiates restructuring with significant job cuts
ADVISOR NEWS INDEPENDENT BROKER DEALERS NOV 20, 2023
Citi initiates restructuring with significant job cuts

Thousands could be affected as bank slashes positions.

By Matthew Sellers
Independent advisory firm launches in Massachusetts with $650m in assets
RIAS RIA NEWS NOV 20, 2023
Independent advisory firm launches in Massachusetts with $650m in assets

Two advisors formerly affiliated with Morgan Stanley and UBS make the jump to new RIA.

By Matthew Sellers
Garrett again battles for DOL rule 
RIAS RIA NEWS NOV 20, 2023
Garrett again battles for DOL rule 

Sheryl Garrett, founder of the Garrett Planning Network, got a shout-out from President Obama in 2015 when he introduced a Department of Labor fiduciary rule. Now she’s joining the fight to support the Biden administration’s proposal.

By Mark Schoeff Jr.
Goldman Sachs Japan president in sudden departure
ADVISOR NEWS INDEPENDENT BROKER DEALERS NOV 20, 2023
Goldman Sachs Japan president in sudden departure

Hank Paulson-appointed regional boss abruptly out.

By Matthew Sellers
Nepsis boosts tax and accounting capabilities with acquisition of full-service firm
RIAS RIA NEWS NOV 20, 2023
Nepsis boosts tax and accounting capabilities with acquisition of full-service firm

National RIA firm will incorporate 70-year-old firm into its existing brand structure.

By Steve Randall
UBS adds to wealth management ranks
RIAS RIA NEWS NOV 20, 2023
UBS adds to wealth management ranks

Connecticut team joins with $700 million.

By Matthew Sellers
Small town 'mom and pop' firm switches $220M practice to LPL Financial
RIAS RIA NEWS NOV 20, 2023
Small town 'mom and pop' firm switches $220M practice to LPL Financial

Formerly with Commonwealth, the multigenerational team includes three advisors.

By Steve Randall
Dollar down further on rates speculation
RIAS RIA NEWS NOV 20, 2023
Dollar down further on rates speculation

Traders are eyeing a rate cut early in 2024.

By Bloomberg
Politics and rate hikes remain key concerns of US investors as bearishness rises
RIAS RIA NEWS NOV 17, 2023
Politics and rate hikes remain key concerns of US investors as bearishness rises

Charles Schwab survey reveals sectors that traders are most bullish about.

By Steve Randall
Wealthfront reaches $50B AUM milestone, 2023 revenue growth near 140%
ADVISOR NEWS FINTECH NOV 17, 2023
Wealthfront reaches $50B AUM milestone, 2023 revenue growth near 140%

Automation and a focus on delivering value to clients are secret to success.

By Steve Randall
Treasuries saw first net outflows in two years, official data reveals
INVESTING FIXED INCOME NOV 17, 2023
Treasuries saw first net outflows in two years, official data reveals

Foreign investors sold $1.7B more than they bought in September.

By Bloomberg
Big banks face larger burden from SVB collapse
ADVISOR NEWS REGULATION AND LEGISLATION NOV 17, 2023
Big banks face larger burden from SVB collapse

FDIC deposit insurance fund paid out around $16B.

By Bloomberg
Bitcoin derivatives market evokes memories of 2021 surge
RIAS RIA NEWS NOV 17, 2023
Bitcoin derivatives market evokes memories of 2021 surge

Optimism in the cryptocurrency is rising amid hopes of spot ETFs.

By Bloomberg
Edelman purchases $500M Massachusetts RIA
RIAS RIA NEWS NOV 16, 2023
Edelman purchases $500M Massachusetts RIA

The acquisition is Edelman’s fifth over the last year.

By Josh Welsh