Industry News

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BlackRock's 'surround sound' model
NEWS PRACTICE MANAGEMENT SEP 13, 2024
BlackRock's 'surround sound' model

Eve Cout, managing director, believes advisors are seeking deeper partnerships with firms like BlackRock

Finding value in distressed investing
NEWS ALTERNATIVES SEP 13, 2024
Finding value in distressed investing

Segment one of the last remaining parts of the markets where you can find inefficient pricing says advisor.

Putting down business roots
NEWS PRACTICE MANAGEMENT SEP 13, 2024
Putting down business roots

Amy Irvine reflects on the challenges of starting her own business.

Sowell selects Tifin to supercharge client acquisition
NEWS FINTECH SEP 13, 2024
Sowell selects Tifin to supercharge client acquisition

Strengthening their years-long connection, the strategic partnership will give the Arkansas-based RIA access to fresh insights to drive asset growth.

Erisa at 50: Retirement leaders reflect on what it got right, and wrong
NEWS REGULATION AND LEGISLATION SEP 13, 2024
Erisa at 50: Retirement leaders reflect on what it got right, and wrong

Many workers still don't participate in plans or contribute enough to their accounts, and a former DOL leader says she wishes IRAs were looped into the Employee Retirement Income Security Act.

Does more AI use mean more clients? Think again
NEWS FINTECH SEP 13, 2024
Does more AI use mean more clients? Think again

Experts warn that despite AI’s ability to scale, it doesn’t replace the human, emotional relationship with clients.

Going beyond DEI. How to 'Lead Bigger' by leveraging inclusion
NEWS PRACTICE MANAGEMENT SEP 13, 2024
Going beyond DEI. How to 'Lead Bigger' by leveraging inclusion

In her new book 'Lead Bigger,' former AT&T executive Ann Chow explains how today's leader can leverage inclusion to grow their business.

Raymond James lands $360M team from LPL
NEWS BROKER DEALERS SEP 13, 2024
Raymond James lands $360M team from LPL

The latest hires catering to business owners and family offices are joining its independent employee division, Raymond James Advisor Select, in Mississipi.

Russell Investments hires Goldman Sachs exec to head up alts
NEWS INDUSTRY NEWS SEP 13, 2024
Russell Investments hires Goldman Sachs exec to head up alts

Leader will help advance the firm’s alternatives strategy.

Total US homeowner equity reached $17.6T in the second quarter
NEWS INDUSTRY NEWS SEP 13, 2024
Total US homeowner equity reached $17.6T in the second quarter

But the average homeowner saw year-over-year increase decrease.

Focus Financial, CAIS expand relationship to scale alternative investments offerings
NEWS INDUSTRY NEWS SEP 13, 2024
Focus Financial, CAIS expand relationship to scale alternative investments offerings

The firms have been working together for more than a decade.

Former Fed president sees strong case for 50-point cut next week
NEWS INDUSTRY NEWS SEP 13, 2024
Former Fed president sees strong case for 50-point cut next week

William Dudley says softening labor market is prime concern.

BofA's Hartnett says jobs data is key to equities movement
NEWS INDUSTRY NEWS SEP 13, 2024
BofA's Hartnett says jobs data is key to equities movement

Until there is clarity, stocks are set for sideways trading.

Wealthy seeing fastest rising risk from climate change
NEWS INDUSTRY NEWS SEP 13, 2024
Wealthy seeing fastest rising risk from climate change

Study says poorest will still be most impacted but rich face challenges.

Merrill bags $2.2B advisor duo from Morgan Stanley
NEWS WIREHOUSES SEP 12, 2024
Merrill bags $2.2B advisor duo from Morgan Stanley

The two elite advisors, including a 30-year industry veteran, extend the firm's reach in Illinois and North Carolina.

After split with LPL, Merit Financial taps Purshe Kaplan Sterling as new B-D
NEWS BROKER DEALERS SEP 12, 2024
After split with LPL, Merit Financial taps Purshe Kaplan Sterling as new B-D

“It made the most sense for us to make this decision,” says Merit's president Kay Lynn Mayhue.

Is your company an employer of choice?
NEWS INDUSTRY NEWS SEP 12, 2024
Is your company an employer of choice?

InvestmentNews' search for the top employers in the industry is underway.

Faith-based advisor and minister defrauds clients in Tennessee, SEC charges
NEWS REGULATION AND LEGISLATION SEP 12, 2024
Faith-based advisor and minister defrauds clients in Tennessee, SEC charges

"There are many psychological factors that go into such a fraud,” attorney says.

The transparency choice for ETFs
NEWS ETFS SEP 12, 2024
The transparency choice for ETFs

Money has been pouring into actively managed ETFs and out of active mutual funds, but the future for the products, including semi-transparent ones, is hardly certain.

Cetera OSJ Wilde Wealth welcomes $400M advisor from UBS
NEWS BROKER DEALERS SEP 12, 2024
Cetera OSJ Wilde Wealth welcomes $400M advisor from UBS

The veteran with nearly three decades of experience will lead the Arizona-based firm's newly established family office division.