Industry News

Displaying 34208 results
'I’ll never recommend bitcoin,' advisor insists
NEWS ALTERNATIVES NOV 22, 2024
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
NEWS BROKER DEALERS NOV 22, 2024
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
NEWS RETIREMENT PLANNING NOV 22, 2024
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

Options boom set to get bigger as Trump steps in
NEWS EQUITIES NOV 22, 2024
Options boom set to get bigger as Trump steps in

Donald Trump's second turn at the White House is expected to bring a fresh bout of turbulence, supercharging retail demand.

Broker was barred, then allegedly siphoned cash from senior’s account
NEWS BROKER DEALERS NOV 22, 2024
Broker was barred, then allegedly siphoned cash from senior’s account

“After learning about a bad actor who is barred, the securities industry should have a responsibility to put clients on notice,” one lawyer said.

As Nvidia goes, so goes the market, and financial Advisors
NEWS EQUITIES NOV 22, 2024
As Nvidia goes, so goes the market, and financial Advisors

Wealth managers weigh in on the chipmaker's influence over the greater market in the wake of its earnings report.

Expecting small-cap or energy boom from Trump? Don't be so sure.
NEWS RIAS NOV 22, 2024
Expecting small-cap or energy boom from Trump? Don't be so sure.

Much as observers predicted strong returns for domestic small-cap value and the energy sector ahead of Trump's first term, the same enthusiastic assumptions this time around may be too simplistic, panelists at the Charles Schwab Impact conference said.

Great Wealth Transfer is 'utterly preposterous': Kitces
NEWS RIAS NOV 22, 2024
Great Wealth Transfer is 'utterly preposterous': Kitces

“If your biggest problem is that your patients die on a regular basis, go find more old people who have money, who need a nursing home," Kitces says. "We're not running out of them.”

Janney adds $710M with advisor hires, unveils new Chicago branch office
NEWS BROKER DEALERS NOV 22, 2024
Janney adds $710M with advisor hires, unveils new Chicago branch office

The firm has welcomed additions from UBS, Baird, and other firms while establishing a new base for its Midwestern expansion.

Wealth management firms must offer more than just basic digital platforms
NEWS INDUSTRY NEWS NOV 22, 2024
Wealth management firms must offer more than just basic digital platforms

Report says firms risk restricted growth unless they elevate their offerings.

Florida man, firm charged by SEC for alleged sports-related $2.1M fraud
NEWS INDUSTRY NEWS NOV 22, 2024
Florida man, firm charged by SEC for alleged sports-related $2.1M fraud

Agency says investors believed they were backing loans to NFL players.

BofA eyes tech stock risk for US equities
NEWS INDUSTRY NEWS NOV 22, 2024
BofA eyes tech stock risk for US equities

If bond yields stay higher, there could be a pull-back in shares.

Dollar headed for longest winning streak since September 2023
NEWS INDUSTRY NEWS NOV 22, 2024
Dollar headed for longest winning streak since September 2023

Greenback set for eighth consecutive weekly gain.

Wall Street firms asking investors for SRT debt disclosures
NEWS INDUSTRY NEWS NOV 22, 2024
Wall Street firms asking investors for SRT debt disclosures

Regulatory pressure means banks requiring clarity on risks.

Stripe to buy back more of its shares at $70B valuation
NEWS INDUSTRY NEWS NOV 22, 2024
Stripe to buy back more of its shares at $70B valuation

Fintech firm set to buy back hundreds of millions of dollars' worth of shares.

Amplified Planning ramps up advisor education with new programs
NEWS INDUSTRY NEWS NOV 21, 2024
Amplified Planning ramps up advisor education with new programs

Two new offerings, aimed at newer advisors and their firms, extend the company's mission to bridge the RIA training gap.

Poll finds more than one in two Americans fear leaving a legacy of debt
NEWS INDUSTRY NEWS NOV 21, 2024
Poll finds more than one in two Americans fear leaving a legacy of debt

Survey research breaks down anxieties around debt inheritance, with nearly half of respondents anticipating their loved ones will end up owing $10,000 to $30,000 after they die.

SEC Chair Gensler to step down in January
NEWS REGULATION AND LEGISLATION NOV 21, 2024
SEC Chair Gensler to step down in January

Federal securities agency confirms official timing of his resignation, recounts record of reforms and enforcement actions.

Apollo CEO Rowan might be Trump's Treasury chief pick ... what then?
NEWS ALTERNATIVES NOV 21, 2024
Apollo CEO Rowan might be Trump's Treasury chief pick ... what then?

The alternative asset giant would have to grapple with a critical leadership transition while positioning for a potential multitrillion-dollar tailwind.

What do advisors think about AI, wealth transfer, fixed income opportunities?
NEWS INDUSTRY NEWS NOV 21, 2024
What do advisors think about AI, wealth transfer, fixed income opportunities?

New report gathers insights and sentiment from US advisors.