RIA News

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This week marks beginning of a seasonal rally
RIAS RIA NEWS OCT 28, 2019
This week marks beginning of a seasonal rally

Today begins a six-month run that historically trounces the performance of the prior six-month period.

By Jeff Benjamin
Finra bars former Raymond James rep over churning allegations
RIAS RIA NEWS OCT 28, 2019
Finra bars former Raymond James rep over churning allegations

Stuart Nichols, who failed to take part in hearing, was discharged last year.

By InvestmentNews
Hybrid managing $191 million moves to Commonwealth from Cetera
RIAS RIA NEWS OCT 28, 2019
Hybrid managing $191 million moves to Commonwealth from Cetera

Great Scott Financial Services is based in Bethlehem, Pa.

By InvestmentNews
Allworth Financial acquires $2.8 billion RIA
RIAS RIA NEWS OCT 28, 2019
Allworth Financial acquires $2.8 billion RIA

PE-backed Allworth reaches $7.5 billion under management as it marks its fifth deal this year

By Jeff Benjamin
Private bankers are chasing the uber-rich in Germany
RIAS RIA NEWS OCT 28, 2019
Private bankers are chasing the uber-rich in Germany

Firms see opportunity despite the country's slumping economy and the fierce competition there among private banks.

By Bloomberg
Fed will spark 'temper tantrum' by holding rates, Jefferies says
RIAS RIA NEWS OCT 28, 2019
Fed will spark 'temper tantrum' by holding rates, Jefferies says

U.S.-China trade tensions and Brexit uncertainty have diminished, while the gap between the Fed's policy stance and that of other central banks has narrowed, economist says.

By Bloomberg
Ex-UBS star broker called a 'bitch' by her boss wins $1.6 million discrimination claim
RIAS RIA NEWS OCT 28, 2019
Ex-UBS star broker called a 'bitch' by her boss wins $1.6 million discrimination claim

Christine Carona was producing $2.1 million in revenue, but had a difficult working relationship with her branch manager.

By Bruce Kelly
RIAS RIA NEWS OCT 28, 2019
Hybrid managing $191 million moves to Commonwealth from Cetera

Great Scott Financial Services is based in Bethlehem, Pa.

By InvestmentNews
Finra bars former Raymond James rep over churning allegations
RIAS RIA NEWS OCT 28, 2019
Finra bars former Raymond James rep over churning allegations

Stuart Nichols, who failed to take part in hearing, was discharged last year.

By InvestmentNews
RIAS RIA NEWS OCT 28, 2019
Private bankers are chasing the uber-rich in Germany

Firms see opportunity despite the country's slumping economy and the fierce competition there among private banks.

By Bloomberg
RIAS RIA NEWS OCT 28, 2019
Allworth Financial acquires $2.8 billion RIA

PE-backed Allworth reaches $7.5 billion under management as it marks its fifth deal this year.

By Jeff Benjamin
Ex-UBS star broker called a 'bitch' by her boss wins $1.6 million discrimination claim
RIAS RIA NEWS OCT 28, 2019
Ex-UBS star broker called a 'bitch' by her boss wins $1.6 million discrimination claim

Christine Carona was producing $2.1 million in revenue, but had a difficult working relationship with her branch manager.

By Bruce Kelly
RIAS RIA NEWS OCT 28, 2019
Fed will spark 'temper tantrum' by holding rates, Jefferies says

U.S.-China trade tensions and Brexit uncertainty have diminished, while the gap between the Fed's policy stance and that of other central banks has narrowed, economist says.

By Bloomberg
An intelligent way to redefine an accredited investor
RIAS RIA NEWS OCT 26, 2019
An intelligent way to redefine an accredited investor

A bill to expand the definition of an accredited in vestor is sound and should be passed.

By InvestmentNews
RIAS RIA NEWS OCT 26, 2019
Prepping clients for retirement health costs

Should advisers focus on the staggering estimates of total health care expenditures in retirement, or look at how near-term expenses will play out over the long run?

By Jeff Benjamin
An intelligent way to redefine an accredited investor
RIAS RIA NEWS OCT 26, 2019
An intelligent way to redefine an accredited investor

A bill to expand the definition of an accredited in vestor is sound and should be passed.

By InvestmentNews
Ken Fisher a flash point for industry's poor record addressing sexism
RIAS RIA NEWS OCT 25, 2019
Ken Fisher a flash point for industry's poor record addressing sexism

The money manager's comments struck a nerve, but are only part of a larger problem.

By Bruce Kelly
Stifel team managing $800 million moves to Wells Fargo
RIAS RIA NEWS OCT 25, 2019
Stifel team managing $800 million moves to Wells Fargo

Manuel Palan, Pamela Glaser and Danny Shoshnik will be based at St. Louis headquarters.

By InvestmentNews
Goldman joins retreat from Fisher's firm
RIAS RIA NEWS OCT 25, 2019
Goldman joins retreat from Fisher's firm

Bank says it will drop Fisher Asset Management as an underlying manager of a Goldman global equity fund.

By Bloomberg
LPL Financial cut trade, advisory costs by $15 million in 2019
RIAS RIA NEWS OCT 25, 2019
LPL Financial cut trade, advisory costs by $15 million in 2019

CEO Dan Arnold expects more of the same in 2020.

By Bruce Kelly