Industry News

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World Bank warns of slowdown for APAC economies
NEWS INDUSTRY NEWS APR 01, 2024
World Bank warns of slowdown for APAC economies

China is among the economies where GDP is expected to weaken.

A firm designed for the digital age
NEWS WOMEN ADVISOR COMMUNITY MAR 29, 2024
A firm designed for the digital age

Virtual meetings have personalized relationships with clients, says Rianka Dorsainvil, co-founder of 2050 Wealth Partners.

‘In my ethos, it’s about … how you impact the world’
NEWS RIAS MAR 29, 2024
‘In my ethos, it’s about … how you impact the world’

An attorney by background, Grant Rawdin says a dedication to the client’s best interests is at the heart of what he does.

Cetera bolsters credit union commitment with new council
NEWS INDUSTRY NEWS MAR 28, 2024
Cetera bolsters credit union commitment with new council

Seven founding members from Cetera’s credit union partners are coming together in a forum to improve wealth offerings in the sector.

Omaha senior loses thousands to Dave Ramsey impostor
NEWS INDUSTRY NEWS MAR 28, 2024
Omaha senior loses thousands to Dave Ramsey impostor

A scammer lured the 72-year-old into a fraudulent bitcoin investment by spoofing the advisor-cum-radio show host’s website.

Bankman-Fried gets 25 years in prison for FTX fraud
NEWS REGULATION AND LEGISLATION MAR 28, 2024
Bankman-Fried gets 25 years in prison for FTX fraud

'There is a risk that this man will be in a position to do something very bad in the future,' the judge says. 'And it’s not a trivial risk. Not a trivial risk at all.'

AI is facilitating financial fraud, Treasury warns
NEWS REGULATION AND LEGISLATION MAR 28, 2024
AI is facilitating financial fraud, Treasury warns

Advances in artificial intelligence make it easier for criminals to impersonate customers and craft increasingly sophisticated email phishing attacks, according to a report.

US investors still willing to trade returns for impact despite declining interest
NEWS INDUSTRY NEWS MAR 28, 2024
US investors still willing to trade returns for impact despite declining interest

Impact investing is showing weakness in international markets too.

Altruist launches high-yield cash product for advisors
NEWS INDUSTRY NEWS MAR 28, 2024
Altruist launches high-yield cash product for advisors

The new product arrives as saving rates and returns are subdued.

New records for stocks as quarterly gain approaches
NEWS INDUSTRY NEWS MAR 28, 2024
New records for stocks as quarterly gain approaches

Global equities advance but markets await Fed inflation data.

No rush to cut rates, says hawkish Fed governor
NEWS INDUSTRY NEWS MAR 28, 2024
No rush to cut rates, says hawkish Fed governor

Christopher Waller says recent inflation data have been disappointing.

Blackstone CEO bullish on private credit
NEWS INDUSTRY NEWS MAR 28, 2024
Blackstone CEO bullish on private credit

Steve Schwarzman eyes healthcare, real estate for expansion.

Women and CPAs are in focus at RIA Choreo
NEWS RIAS MAR 27, 2024
Women and CPAs are in focus at RIA Choreo

"It's smart to align with a proven center of influence, CPAs," an industry consultant says.

Two-thirds of US savers are leaving interest on the table
NEWS INDUSTRY NEWS MAR 27, 2024
Two-thirds of US savers are leaving interest on the table

Despite the proliferation of high-yield savings accounts online, Bankrate survey reveals most Americans are earning less than 4%.

Building wealth with nourishing advice
NEWS PRACTICE MANAGEMENT MAR 27, 2024
Building wealth with nourishing advice

‘The possibilities are endless’ if you marry a staple diet of good financial habits with a plan, says entrepreneurial advisor.

The symphony of financial planning
NEWS INDUSTRY NEWS MAR 27, 2024
The symphony of financial planning

Pop musician turned advisor on transferring skills from the studio to keeping the ‘personal’ in finance.

All US states failing to provide adequate basic financial literacy education: NFEC
NEWS INDUSTRY NEWS MAR 27, 2024
All US states failing to provide adequate basic financial literacy education: NFEC

Analysis finds that financial education falls short of what's offered in other subjects.

Americans want employers to provide childcare benefits, the business case looks good
NEWS INDUSTRY NEWS MAR 27, 2024
Americans want employers to provide childcare benefits, the business case looks good

A new study reveals the potential strong return on investment for employers.

Crypto industry rattled by hack that stole $63M in tokens
NEWS INDUSTRY NEWS MAR 27, 2024
Crypto industry rattled by hack that stole $63M in tokens

It's one of the biggest security incidents of the year.

Robinhood diversifies from trading with credit card launch
NEWS INDUSTRY NEWS MAR 27, 2024
Robinhood diversifies from trading with credit card launch

The platform aims to become a broader financial services firm.