Industry News

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Who are the wealthiest people in the fast-growing creator economy?
NEWS INDUSTRY NEWS OCT 29, 2024
Who are the wealthiest people in the fast-growing creator economy?

Forbes survey reveals who's cashing in from content creation.

Goldman CEO expects soft landing for economy, more deals
NEWS INDUSTRY NEWS OCT 29, 2024
Goldman CEO expects soft landing for economy, more deals

But David Solomon is concerned about the Middle East conflict.

Corporate America earnings may have reached the bottom
NEWS INDUSTRY NEWS OCT 29, 2024
Corporate America earnings may have reached the bottom

Word mentioned in results more than last year, better times may be ahead.

Gold close to new high ahead of key data releases
NEWS INDUSTRY NEWS OCT 29, 2024
Gold close to new high ahead of key data releases

US inflation and payroll stats are due this week.

Out with the old and in with the new: a 50% private markets portfolio
NEWS INDUSTRY NEWS OCT 29, 2024
Out with the old and in with the new: a 50% private markets portfolio

A great man died recently, but this did not make headlines. In fact, it barely even made the news. Maybe it’s because many have already mourned the departure of his greatest legacy: the 60/40 portfolio.

Bitcoin surge has advisors once again answering questions
NEWS ALTERNATIVES OCT 28, 2024
Bitcoin surge has advisors once again answering questions

Clients are starting to take notice as the cryptocurrency flirts with record highs.

Consumers just modestly confident in Fed's economic management, finds survey
NEWS INDUSTRY NEWS OCT 28, 2024
Consumers just modestly confident in Fed's economic management, finds survey

Research reveals limited trust in the central bank, with sentiment levels split across political lines.

Alvarez & Marsal enters the ultra-high-net-worth RIA arena
NEWS RIAS OCT 28, 2024
Alvarez & Marsal enters the ultra-high-net-worth RIA arena

The firm's is wooing mega-affluent clients in New York, California and other wealth hubs with experienced leaders from top financial firms.

Trump's social media stock surges 20 percent as campaign makes late-inning New York stop
NEWS EQUITIES OCT 28, 2024
Trump's social media stock surges 20 percent as campaign makes late-inning New York stop

Trump Media shares have rallied as political betting markets show higher odds of the Republican candidate's victory on November 5.

MAI Capital welcomes $528M Hyperion Partners
NEWS RIAS OCT 28, 2024
MAI Capital welcomes $528M Hyperion Partners

The $28B AUM RIA is extending its reach in Pennsylvania with an advisory team to high-net-worth individuals and business owners.

Homrich Berg bolsters Florida footprint with new Tampa office
NEWS RIAS OCT 28, 2024
Homrich Berg bolsters Florida footprint with new Tampa office

The $18B RIA's newest location in the Southeast will be headed by a veteran professional coming back from a two-year retirement.

Women dream of an active retirement but the reality may be less exciting
NEWS INDUSTRY NEWS OCT 28, 2024
Women dream of an active retirement but the reality may be less exciting

Many women are facing later years struggling with their finances.

Clients using social media for advice likely to getting misinformation most of the time
NEWS INDUSTRY NEWS OCT 28, 2024
Clients using social media for advice likely to getting misinformation most of the time

An analysis of financial advice shows high levels of bad information.

Earnings season is failing to impress investors
NEWS INDUSTRY NEWS OCT 28, 2024
Earnings season is failing to impress investors

S&P500 firms beating estimates is at lowest rate in almost two years.

Investors brace for 10-day test of US bond market
NEWS INDUSTRY NEWS OCT 28, 2024
Investors brace for 10-day test of US bond market

Debt sales data, presidential election among risk factors.

Oil firm share buybacks in doubt as majors forced to borrow
NEWS INDUSTRY NEWS OCT 28, 2024
Oil firm share buybacks in doubt as majors forced to borrow

Declining cash flow means buybacks may not continue long-term.

Nvidia heads into important week as customers report earnings
NEWS INDUSTRY NEWS OCT 28, 2024
Nvidia heads into important week as customers report earnings

The chipmaker wont report its results for a few more weeks.

Advisor recruiting slips at Stifel, surges at Raymond James
NEWS INDUSTRY NEWS OCT 25, 2024
Advisor recruiting slips at Stifel, surges at Raymond James

“Recruiting is more intense than ever," one headhunter says.

Why clients are sitting on a ticking tax timebomb
NEWS TAX OCT 25, 2024
Why clients are sitting on a ticking tax timebomb

Advisor is critical of industry's tendency to avoid giving tax advice.

Debt throws most higher-ed workers financially off-balance, finds TIAA Institute research
NEWS RETIREMENT PLANNING OCT 25, 2024
Debt throws most higher-ed workers financially off-balance, finds TIAA Institute research

Study reveals struggles to meet other financial obligations, build emergency savings, and prepare for retirement.