RIA News

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Life is getting longer. But don't plan for most clients to make it to 100
RETIREMENT PLANNING FEB 24, 2025
Life is getting longer. But don't plan for most clients to make it to 100

Longevity is increasingly globally thanks to advances in medicine and technology. There are wild estimates about AI doubling average lifespans in short order, but there are factors that are also working against longevity.

By Emile Hallez
Our insurance AI is nicer than our agents, Allstate says
LIFE INSURANCE AND ANNUITIES FEB 24, 2025
Our insurance AI is nicer than our agents, Allstate says

The insurer claims its bots can be more empathetic than humans.

By Matthew Sellers
What wealth firms can do to elevate women in the workplace
PRACTICE MANAGEMENT FEB 24, 2025
What wealth firms can do to elevate women in the workplace

Kristi Vassak, managing partner and COO at Lenox Advisors, speaks out on the importance of humanity, standardization, and taking a thoughtful approach to mentorship.

By Leo Almazora
What history says about the fleeting fortunes of America's wealthiest families
PRACTICE MANAGEMENT FEB 24, 2025
What history says about the fleeting fortunes of America's wealthiest families

With new research offering a glimpse at how riches faded during a pivotal period, is it time to give the "third-generation curse" a second look?

By Leo Almazora
Bessent, congressional Republicans kickstarting tax cut talks
RIA NEWS FEB 24, 2025
Bessent, congressional Republicans kickstarting tax cut talks

House legislators are set to approve a mammoth budget that requires $2 trillion in spending cuts to clear room for a tax cut package by the end of the year.

By Bloomberg
LPL keeps spending big to recruit, attract advisors
INDEPENDENT BROKER DEALERS FEB 24, 2025
LPL keeps spending big to recruit, attract advisors

The company last week reported a 57 percent increase in loans made to advisors in 2024.

By Bruce Kelly
Allspring to shut down alternative equity strategies
MUTUAL FUNDS FEB 24, 2025
Allspring to shut down alternative equity strategies

Fund managers like Allspring Global Investments for years have been facing competitive pressure from low fee exchange-traded funds and indexed mutual funds.

By Bruce Kelly
Microsoft, Alibaba rocked as investors weigh their AI investments
EQUITIES FEB 24, 2025
Microsoft, Alibaba rocked as investors weigh their AI investments

The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares plunged on news of its $52 billion spending pledge.

By Leo Almazora
One in two voters worried about retirement and finances, finds BlackRock
RETIREMENT PLANNING FEB 24, 2025
One in two voters worried about retirement and finances, finds BlackRock

One-third of poll respondents report no retirement savings and expect to need $2 million on average, highlighting bipartisan importance of financial security.

By Leo Almazora
JPMorgan leans into direct lending with fresh $50B commitment
ALTERNATIVES FEB 24, 2025
JPMorgan leans into direct lending with fresh $50B commitment

The Wall Street giant's enhanced effort to support "origination machine" underlines banks' growing incursion into the $1.6 trillion territory traditionally controlled by asset managers and credit shops.

By Bloomberg
Robinhood says SEC has dropped investigation, declares bigger crypto ambitions
ALTERNATIVES FEB 24, 2025
Robinhood says SEC has dropped investigation, declares bigger crypto ambitions

With looser regulations in the offing, the digital trading platform is looking forward to expanding its trading business further beyond traditional brokerage services.

By Leo Almazora
Is the US economy getting better or worse? That depends on who you ask
RIA NEWS FEB 24, 2025
Is the US economy getting better or worse? That depends on who you ask

Uncertainty on trade, inflation are among concerning factors.

By Steve Randall
Warren Buffett reveals tax milestone, addresses $334B cash stockpile
EQUITIES FEB 24, 2025
Warren Buffett reveals tax milestone, addresses $334B cash stockpile

Billionaire's letter to investors follows positive earnings report.

By Steve Randall
Baby boomers not rushing to create wealth transfer plans
RIA NEWS FEB 23, 2025
Baby boomers not rushing to create wealth transfer plans

They have been expected to soon be passing trillions of dollars to their heirs. But financial advisors say they are in no rush to do so.

By Gregg Greenberg
From empty rooms to enduring legacy: How Bruce Vaughn built his advisory
RIA NEWS FEB 21, 2025
From empty rooms to enduring legacy: How Bruce Vaughn built his advisory

“You don’t want to be working with someone who retires right before you need them most”—how VLP Financial Advisors reshaped growth and succession

By Manal Ali
Crypto sent reeling by world’s biggest ever heist
RIA NEWS FEB 21, 2025
Crypto sent reeling by world’s biggest ever heist

Cryptocurrency exchange scrambles for emergency loan after suspected North Korean hack

By Matthew Sellers
Healthcare shocks could cost retirees dearly, warns study
RETIREMENT PLANNING FEB 21, 2025
Healthcare shocks could cost retirees dearly, warns study

Data analysis reveals how long-term care and medical shocks impact Medicaid enrolment, household wealth, and out-of-pocket medical expenses among retirees.

By Leo Almazora
Trump Media takes finance ambitions further with investment fund
MUTUAL FUNDS FEB 21, 2025
Trump Media takes finance ambitions further with investment fund

The parent company of Truth Social said it will look for companies set to benefit from the "growing America First Economy."

By Bloomberg
Government efficiency effort set to hit more than 6,000 jobs at IRS
RIA NEWS FEB 21, 2025
Government efficiency effort set to hit more than 6,000 jobs at IRS

The plan to downsize the federal tax agency's workforce will largely impact Biden-era hires, according to an inside source.

By Leo Almazora
Texas gives thumbs up for state-registered RIAs to use online reviews
PRACTICE MANAGEMENT FEB 21, 2025
Texas gives thumbs up for state-registered RIAs to use online reviews

The decision fixes a longstanding inequality between local advisors and their federally registered counterparts, according to one advocate.

By Leo Almazora