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Fed pause means advisors may need to get real with house-hunting clients
NEWS INDUSTRY NEWS FEB 05, 2024
Fed pause means advisors may need to get real with house-hunting clients

Potential homebuyers may be looking at a 30-year fixed mortgage above 7 percent long past the spring buying season.

Truist Financial agrees sale of $76B Sterling Capital to Canadian asset manager
NEWS INDUSTRY NEWS FEB 05, 2024
Truist Financial agrees sale of $76B Sterling Capital to Canadian asset manager

The Charlotte, North Carolina-based firm will join Guardian Capital.

OECD warns central banks to hold firm in inflation battle
NEWS INDUSTRY NEWS FEB 05, 2024
OECD warns central banks to hold firm in inflation battle

The organization says it's too soon to say inflation will be controlled by 2025.

Fed rate cuts may not come until summer at the earliest
NEWS INDUSTRY NEWS FEB 05, 2024
Fed rate cuts may not come until summer at the earliest

Jerome Powell set a dovish tone in an interview Sunday on CBS' 60 Minutes.

Advisor nominated for award says it ‘felt like being a winner’
NEWS INDUSTRY NEWS FEB 05, 2024
Advisor nominated for award says it ‘felt like being a winner’

Nominations for the inaugural InvestmentNews Awards are open. Nominate someone today!

Surge in January payrolls, wages dampens hopes for March rate cut
NEWS INDUSTRY NEWS FEB 02, 2024
Surge in January payrolls, wages dampens hopes for March rate cut

Nonfarm payrolls surged 353,000 in January, and average hourly earnings jumped 0.6%.

Financial planning softwares and CRM platforms in the spotlight
NEWS FINTECH FEB 02, 2024
Financial planning softwares and CRM platforms in the spotlight

InvestmentNews invites readers to participate in the search for the best financial planning softwares and CRM platforms.

Understanding the ‘why’ behind the investment
NEWS INDUSTRY NEWS FEB 02, 2024
Understanding the ‘why’ behind the investment

CEO explains her three core beliefs that have propelled her firm’s success.

Firm’s growth based on trust and accountability
NEWS INDUSTRY NEWS FEB 02, 2024
Firm’s growth based on trust and accountability

Veteran advisor says the challenge has remained the same – can you offer a client something better?

Using authentic content to attract like-minded clients
NEWS INDUSTRY NEWS FEB 02, 2024
Using authentic content to attract like-minded clients

Why content is king for wealth management firm.

LPL Financial continues to steam along in recruiting
NEWS BROKER DEALERS FEB 02, 2024
LPL Financial continues to steam along in recruiting

After some weakness in January, LPL expects recruiting to pick up this month and next.

Mariner Wealth Advisors adds $104B AUA with double acquisition
NEWS INDUSTRY NEWS FEB 02, 2024
Mariner Wealth Advisors adds $104B AUA with double acquisition

The firm is creating a new institutional business unit.

Will 2024 be a milestone year for hedge fund use of AI?
NEWS FINTECH FEB 02, 2024
Will 2024 be a milestone year for hedge fund use of AI?

If the industry can overcome some major hurdles, it could be.

What's expected from Friday's jobs data?
NEWS INDUSTRY NEWS FEB 02, 2024
What's expected from Friday's jobs data?

The market may have been softer in 2023 than anticipated.

Global credit spreads increase on banks' exposure to bad loans
NEWS EQUITIES FEB 02, 2024
Global credit spreads increase on banks' exposure to bad loans

Corporate and investment-grade financial bonds have seen large increases.

‘Ask good questions, be quiet, and listen’
NEWS INDUSTRY NEWS FEB 01, 2024
‘Ask good questions, be quiet, and listen’

Specific life goals are the key for clients, says financial planner.

Survey finds CFPs are in the money
NEWS PRACTICE MANAGEMENT FEB 01, 2024
Survey finds CFPs are in the money

'You get all these altruistic benefits and the financial benefits,' says CFP Board chair Matthew Boersen.

Fed provides rate-cuts reality check for Wall Street
NEWS INDUSTRY NEWS FEB 01, 2024
Fed provides rate-cuts reality check for Wall Street

Is March now off the table for the US central bank?

European markets react to Fed's rates narrative
NEWS EQUITIES FEB 01, 2024
European markets react to Fed's rates narrative

Earnings were also in focus as Thursday's trading commenced.

Cooler labor market means bigger paychecks are harder to get
NEWS INDUSTRY NEWS FEB 01, 2024
Cooler labor market means bigger paychecks are harder to get

Many workers say they are glad to have a job, but unhappy.