Steve Randall

Steve Randall
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Morningstar launches index tracking LGBTQ+ inclusive companies
NEWS INDUSTRY NEWS JUN 20, 2024
Morningstar launches index tracking LGBTQ+ inclusive companies

New index adds to firm's growing range of socially focused indexes.

Luxury goods market reflects changing demands, economic realities
NEWS INDUSTRY NEWS JUN 20, 2024
Luxury goods market reflects changing demands, economic realities

Younger generations less interested in some long-standing luxury assets.

US remains key destination for migrating millionaires provides opportunity for advisors
NEWS INDUSTRY NEWS JUN 18, 2024
US remains key destination for migrating millionaires provides opportunity for advisors

China and the UK are among the countries losing wealthy individuals.

IRS takes aim at wealthy individuals who use tax-avoiding partnerships
NEWS INDUSTRY NEWS JUN 18, 2024
IRS takes aim at wealthy individuals who use tax-avoiding partnerships

The agency has announced new investment in compliance and enforcement capabilities.

Student loan debt may impact voting intentions, Bankrate.com poll shows
NEWS INDUSTRY NEWS JUN 18, 2024
Student loan debt may impact voting intentions, Bankrate.com poll shows

Study shows even those without loans will be influenced by the issue.

Fisher Investments sells stake for up to $3B, but what happens next?
NEWS INDUSTRY NEWS JUN 17, 2024
Fisher Investments sells stake for up to $3B, but what happens next?

The deal values the Texas based firm at $12.75B.

Franklin Templeton investment professionals more optimistic than at start of 2024
NEWS INDUSTRY NEWS JUN 17, 2024
Franklin Templeton investment professionals more optimistic than at start of 2024

The firm's survey of its global teams shows improved sentiment on economy, assets.

Advisors' E&O insurance premiums have fallen sharply for one risk asset group
NEWS INDUSTRY NEWS JUN 14, 2024
Advisors' E&O insurance premiums have fallen sharply for one risk asset group

RIAs wanting to add cryptos and other digital assets to portfolios are in luck.

Wells Fargo says five pivot points in the US economy will drive growth for 18 months
NEWS WIREHOUSES JUN 13, 2024
Wells Fargo says five pivot points in the US economy will drive growth for 18 months

CIO sees growth for both equities and fixed income, with the right choices.

SEC says firm, founder lost or spent $3M of investors' money in fraud
NEWS INDUSTRY NEWS JUN 13, 2024
SEC says firm, founder lost or spent $3M of investors' money in fraud

The agency's action is alongside criminal charges by New Jersey’s state attorney.