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Final week to submit entries for Rising Stars 2024
NEWS INDUSTRY NEWS JUL 25, 2024
Final week to submit entries for Rising Stars 2024

Entries for InvestmentNews’ Rising Stars close this Friday.

$1 billion practice joins LPL Financial
NEWS INDUSTRY NEWS JUL 25, 2024
$1 billion practice joins LPL Financial

The group includes 22 advisors and eight support staff.

US annuity sales reach record high in the first half of 2024
NEWS LIFE INSURANCE AND ANNUITIES JUL 25, 2024
US annuity sales reach record high in the first half of 2024

Annuities have benefited from favorable economic conditions and the Federal Reserve not cutting interest rates this year, says Limra head of research.

Stifel's Q2 2024 earnings beat forecasts
NEWS INDUSTRY NEWS JUL 25, 2024
Stifel's Q2 2024 earnings beat forecasts

Company reports substantial increase in revenue compared to last year.

Wall Street veteran, NBA Hall of Famer, unite for athlete-focused platform
NEWS INDUSTRY NEWS JUL 25, 2024
Wall Street veteran, NBA Hall of Famer, unite for athlete-focused platform

Athlete investors will have access to early-stage companies.

Earnings, growth concerns drag stocks lower
NEWS INDUSTRY NEWS JUL 25, 2024
Earnings, growth concerns drag stocks lower

US GDP, jobless claims data awaited later Thursday.

US Treasuries rally sharply amid global demand
NEWS INDUSTRY NEWS JUL 25, 2024
US Treasuries rally sharply amid global demand

Calls intensify for Fed rate cut this month.

Cryptos fall following megacap tech stock drop
NEWS INDUSTRY NEWS JUL 25, 2024
Cryptos fall following megacap tech stock drop

Easing of AI frenzy has dented sentiment.

Taylor Swift label slumps as subs miss the high notes
NEWS INDUSTRY NEWS JUL 25, 2024
Taylor Swift label slumps as subs miss the high notes

Music company stocks going for a song after disappointing data.

Dynasty advisors make end of year stock, economy predictions
NEWS INDUSTRY NEWS JUL 24, 2024
Dynasty advisors make end of year stock, economy predictions

Dynasty Financial advisors predict the market's performance in response to a summer survey.

Balancing offense and defense: Buff Dormeier’s data-driven approach to portfolio management
NEWS INDUSTRY NEWS JUL 24, 2024
Balancing offense and defense: Buff Dormeier’s data-driven approach to portfolio management

Kingsview’s tactical portfolios strive to achieve successful investor outcomes through the volume factor.

Morgan Stanley will increase some cash yields to 2%
NEWS BROKER DEALERS JUL 24, 2024
Morgan Stanley will increase some cash yields to 2%

The changes in yields on cash pose a big problem for future profits at large wealth management and brokerage firms.

Genstar Capital becomes majority investor in Docupace
NEWS FINTECH JUL 24, 2024
Genstar Capital becomes majority investor in Docupace

Investment boosts growth and innovation potential for wealth management software firm.

Fintech firm introduces one-button ETF investing platform
NEWS ETFS JUL 24, 2024
Fintech firm introduces one-button ETF investing platform

New application aims to revolutionize ETF investing.

Raymond James welcomes new VP of wealth management to Dublin office
NEWS INDUSTRY NEWS JUL 24, 2024
Raymond James welcomes new VP of wealth management to Dublin office

Advisor previously managed more than $100 million at Edward Jones.

KKR to acquire Janney Montgomery Scott from Penn Mutual
NEWS INDUSTRY NEWS JUL 24, 2024
KKR to acquire Janney Montgomery Scott from Penn Mutual

Janney manages over $150 billion in assets and employs more than 900 financial advisors across 135 offices in the US.

Half of real estate investors have lost $100K or more on a single asset
NEWS INDUSTRY NEWS JUL 24, 2024
Half of real estate investors have lost $100K or more on a single asset

Most who've put money into residential real estate have lost.

Credent Wealth Management secures strategic investment for expansion
NEWS INDUSTRY NEWS JUL 24, 2024
Credent Wealth Management secures strategic investment for expansion

Indiana headquartered $2.6B RIA gains funds to accelerate national spread.

NTAM hires former Goldman leader as global head of product strategy
NEWS INDUSTRY NEWS JUL 24, 2024
NTAM hires former Goldman leader as global head of product strategy

The $1.2B firm's new appointment will lead the drive for innovation.

Ether ETFs exceed $100M inflows in debut trading
NEWS INDUSTRY NEWS JUL 24, 2024
Ether ETFs exceed $100M inflows in debut trading

BlackRock, Bitwise, Fidelity lead the demand across nine new funds.