RIA News

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Emigrant Partners plans for growth with strategic hires, team expansions
RIA NEWS NOV 10, 2023
Emigrant Partners plans for growth with strategic hires, team expansions

The firm works with wealth and asset managers with a collective $96B AUM.

By Steve Randall
Illinois advisor moves $230M practice to LPL from Wells Fargo
RIA NEWS NOV 10, 2023
Illinois advisor moves $230M practice to LPL from Wells Fargo

25-year industry veteran seeks greater autonomy for next stage of his career.

By Steve Randall
JPMorgan's $290M for Epstein victims sends a signal to the industry
RIA NEWS NOV 10, 2023
JPMorgan's $290M for Epstein victims sends a signal to the industry

Federal court judge approves substantial payout and says the industry must take responsibility.

By Bloomberg
Pimco's $10B inflows was shining light in Allianz earnings
RIA NEWS NOV 10, 2023
Pimco's $10B inflows was shining light in Allianz earnings

The bond management business helped offset losses in the global firm’s insurance operations.

By Bloomberg
Can US, China reach climate agreements ahead of COP 28?
RIA NEWS NOV 10, 2023
Can US, China reach climate agreements ahead of COP 28?

A meeting in California aimed to find some common ground.

By Bloomberg
Goldman Sachs eyes Middle East growth with Credit Suisse hires
RIA NEWS NOV 10, 2023
Goldman Sachs eyes Middle East growth with Credit Suisse hires

Wall Street firm sees opportunity as region's ultra-wealthy population rises.

By Bloomberg
Advisors hustled to hang onto clients last year: Fidelity
PRACTICE MANAGEMENT NOV 09, 2023
Advisors hustled to hang onto clients last year: Fidelity

'The conversation of the economy being in a recession has led to advisors not feeling stable for quite a while,' one executive says.

By Bruce Kelly
Advisors dig into the great commodity question
RIA NEWS NOV 09, 2023
Advisors dig into the great commodity question

'Investors interested in long-term exposure to a commodity may be better served investing in the equities of companies with exposure to the commodity,' one advisor says.

By Gregg Greenberg
Fed pushes Morgan Stanley to tighten wealth management controls
WIREHOUSES NOV 09, 2023
Fed pushes Morgan Stanley to tighten wealth management controls

The regulator wants to ensure enough is being done to prevent money laundering by international clients.

By Bloomberg
Holiday spending set to fall in US, 27 other countries
RIA NEWS NOV 09, 2023
Holiday spending set to fall in US, 27 other countries

Cost-of-living budget squeeze is bad news for retail and hospitality sectors.

By Bloomberg
InvestmentNews Women to Watch winners work to make an impact
WOMEN ADVISOR COMMUNITY NOV 08, 2023
InvestmentNews Women to Watch winners work to make an impact

'There are so many people who pushed me when I needed a nudge and pulled me up when I needed a hand,' says Kay Lynn Mayhue.

By Bruce Kelly
Women to Watch 2023 winners announced
WOMEN ADVISOR COMMUNITY NOV 08, 2023
Women to Watch 2023 winners announced

InvestmentNews honored the best in class at a ceremony in New York City.

By InvestmentNews
Hightower adds $2.5B high-net-worth focused firm to its list of 2023 acquisitions
RIA NEWS NOV 08, 2023
Hightower adds $2.5B high-net-worth focused firm to its list of 2023 acquisitions

The wealth manager has announced a strategic investment in the Florida RIA firm.

By Steve Randall
Gen Z is smashing the taboo of talking to their parents about money matters
RIA NEWS NOV 08, 2023
Gen Z is smashing the taboo of talking to their parents about money matters

Northwestern Mutual study finds young Americans are having financial talks earlier.

By Steve Randall
Stocks lower ahead of Fed Chair Powell's speech
RIA NEWS NOV 08, 2023
Stocks lower ahead of Fed Chair Powell's speech

Fed chair is set to speak at 9.15 a.m. ET, with other officials also scheduled.

By Bloomberg
Why BlackRock is staying overweight megacap tech stocks
RIA NEWS NOV 08, 2023
Why BlackRock is staying overweight megacap tech stocks

Asset manager has $100B tracking the biggest names in technology in its model portfolios.

By Bloomberg
UBS is selling AT1 bonds with attractive yields
RIA NEWS NOV 08, 2023
UBS is selling AT1 bonds with attractive yields

The securities will boost the banking group's capital buffer and aims to restore confidence.

By Bloomberg
HSBC launching custody service for tokenized securities
RIA NEWS NOV 08, 2023
HSBC launching custody service for tokenized securities

It's the latest financial institution to eye a slice of the fast-growing digital assets safeguarding space.

By Bloomberg
Osaic boosts cash flow in first half of 2023: Fitch
INDEPENDENT BROKER DEALERS NOV 07, 2023
Osaic boosts cash flow in first half of 2023: Fitch

The improvement demonstrates that the giant broker-dealer network, which many believe will seek to go public in the next few years, is moving its cash flow in the right direction.

By Bruce Kelly
$30 billion up for grabs as major bank dumps part of HNW portfolio
RIA NEWS NOV 07, 2023
$30 billion up for grabs as major bank dumps part of HNW portfolio

Who doesn’t want more clients? Well, this wealth management unit for one.

By Matthew Sellers