Industry News

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BlackRock’s fixed-income CIO says rate cuts, not hikes, key to taming inflation
NEWS INDUSTRY NEWS MAY 17, 2024
BlackRock’s fixed-income CIO says rate cuts, not hikes, key to taming inflation

Federal Reserve’s hawkish policy on interest rates could be fueling the fire as well-heeled investors reap the benefits.

How wide is the generation gap at family businesses?
NEWS INDUSTRY NEWS MAY 17, 2024
How wide is the generation gap at family businesses?

New report shows current and next-generation leaders split on succession planning, risks, and ownership retention.

Robertson Stephens welcomes Colorado-based RIA
NEWS RIAS MAY 17, 2024
Robertson Stephens welcomes Colorado-based RIA

The firm has added a new location in Colorado Springs with its latest move in the Western US.

Supreme Court backs CFPB funding, avoiding potential problem for the Fed
NEWS REGULATION AND LEGISLATION MAY 17, 2024
Supreme Court backs CFPB funding, avoiding potential problem for the Fed

Decision overturns lower court ruling won by payday loan trade bodies.

How can spending hours scrolling on a phone help achieve financial goals?
NEWS INDUSTRY NEWS MAY 17, 2024
How can spending hours scrolling on a phone help achieve financial goals?

New Empower research reveals how tech is helping us focus on finances.

Nippon's $3.8B stake in Corebridge could be just the start
NEWS INDUSTRY NEWS MAY 17, 2024
Nippon's $3.8B stake in Corebridge could be just the start

Japanese life insurer says it wants more US asset manager, insurer.

Going for gold? Silver is shining brighter
NEWS INDUSTRY NEWS MAY 17, 2024
Going for gold? Silver is shining brighter

Investors are considering the '2nd place' metal as a good bet.

Jefferies risk manager remembers red flags in Archegos trial
NEWS INDUSTRY NEWS MAY 17, 2024
Jefferies risk manager remembers red flags in Archegos trial

Failed Archegos CEO is on trial for alleged racketeering , fraud.

JPMorgan Asset Management launches rare money market fund
NEWS INDUSTRY NEWS MAY 17, 2024
JPMorgan Asset Management launches rare money market fund

Fund will buy only European government or sovereign-backed securities.

InvestmentNews Awards 2024 Excellence Awardees
NEWS INDUSTRY NEWS MAY 16, 2024
InvestmentNews Awards 2024 Excellence Awardees

Full rundown of all the finalists ahead of the inaugural InvestmentNews Awards on June 20.

We're a beacon of trust in our community, finalist says
NEWS INDUSTRY NEWS MAY 16, 2024
We're a beacon of trust in our community, finalist says

InvestmentNews Awards 2024, Advisor of the Year (Midwest region): Travis Sholin, Keystone Financial Services.

‘Assets are a tool to bring clients joy'
NEWS INDUSTRY NEWS MAY 16, 2024
‘Assets are a tool to bring clients joy'

InvestmentNews Awards 2024, Advisor of the Year (Regional - Northeast): Lawrence (Larry) Sprung, Mitlin Financial Inc.

Mercer Advisors names principal to lead M&A integration
NEWS RIAS MAY 16, 2024
Mercer Advisors names principal to lead M&A integration

The RIA giant is redoubling its inorganic growth focus as it elevates Martine Lellis to a newly created leadership role.

B. Riley bouncing back after tough winter
NEWS ALTERNATIVES MAY 16, 2024
B. Riley bouncing back after tough winter

'The wealth managers have been unbelievably supportive through all of this,' said Bryant Riley, the firm's chair and co-CEO.

DOL expands program to ease retirement plan payouts at bankrupt firms
NEWS INDUSTRY NEWS MAY 16, 2024
DOL expands program to ease retirement plan payouts at bankrupt firms

The agency's new interim rules and a key amendment will help Chapter 7 bankruptcy trustees discharge their obligations more easily.

Cetera ratchets up advisor focus with key leadership hires
NEWS BROKER DEALERS MAY 16, 2024
Cetera ratchets up advisor focus with key leadership hires

The RIA giant is tapping alums of LPL, Osaic, Commonwealth and TD Ameritrade in a ramped-up bid to support advisors’ evolving needs.

Shakeup at Schwab as veteran leader Bernie Clark retires
NEWS INDUSTRY NEWS MAY 16, 2024
Shakeup at Schwab as veteran leader Bernie Clark retires

The investing behemoth unveiled a slate of executive departures, including its longtime head of advisor services, as part of its succession planning strategy.

Bridging the generational divide in finance
NEWS INDUSTRY NEWS MAY 16, 2024
Bridging the generational divide in finance

With younger generations entering the arena, it’s vital to know how to connect with them.

Past mistakes made me more effective, says finalist
NEWS INDUSTRY NEWS MAY 16, 2024
Past mistakes made me more effective, says finalist

InvestmentNews Awards 2024, Advisor of the Year (Regional - Southeast): Tom West, Signature Estate & Investment Advisors.

Former RBC advisor focuses on ‘expanding access for everyone’
NEWS INDUSTRY NEWS MAY 16, 2024
Former RBC advisor focuses on ‘expanding access for everyone’

InvestmentNews Awards 2024, Advisor of the Year (Regional - Northeast): Zack Hubbard, Greenspring Advisors.