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Wall Street braces for challenging first day of T+1 settlements
INDUSTRY NEWS MAY 28, 2024
Wall Street braces for challenging first day of T+1 settlements

It's been a century since the US stock market was this fast.

Stocks gain as inflation data is in focus
INDUSTRY NEWS MAY 28, 2024
Stocks gain as inflation data is in focus

Stats and central bank speakers take center stage this week.

Fed should better explain decisions, says Cleveland president
INDUSTRY NEWS MAY 28, 2024
Fed should better explain decisions, says Cleveland president

Loretta Mester says people should be helped to understand policy.

Bitcoin slips in wake of failed $9B crypto exchange
INDUSTRY NEWS MAY 28, 2024
Bitcoin slips in wake of failed $9B crypto exchange

Administrators are dealing with the collapse of the Mt. Gox exchange.

Trump presidency would be worse for US debt, bond market than Biden, says Bill Gross
INDUSTRY NEWS MAY 27, 2024
Trump presidency would be worse for US debt, bond market than Biden, says Bill Gross

The famed bond king has weighed in, saying Donald Trump’s “more disruptive” tax and fiscal policies would aggravate the budget deficit.

From 'investing' as a kid to solo practice success
INDUSTRY NEWS MAY 27, 2024
From 'investing' as a kid to solo practice success

InvestmentNews Awards 2024, Advisor of the Year (Regional - Southwest): Keary Castleberry, Snowden Lane Partners.

Bringing the five pillars of wealth management together
INDUSTRY NEWS MAY 27, 2024
Bringing the five pillars of wealth management together

InvestmentNews Awards 2024, Advisor of the Year (Western region): Dave Alison, Alison Wealth Management and C2P Enterprises

Citi, HSBC, Barclays amp up back-to-office pressure
PRACTICE MANAGEMENT MAY 25, 2024
Citi, HSBC, Barclays amp up back-to-office pressure

The banks are pushing more staff to report for in-person work as Finra shifts its rules around workplace monitoring.

The DOL’s fiduciary rule faces another legal challenge
RETIREMENT PLANNING MAY 24, 2024
The DOL’s fiduciary rule faces another legal challenge

A coalition of trade associations including the Insured Retirement Institute, ACLI, and NAIFA has filed a civil suit against the contentious Retirement Security rule.

Stakeholders claim victory from SEC’s ether ETF approval
ALTERNATIVES MAY 24, 2024
Stakeholders claim victory from SEC’s ether ETF approval

Voices from the wealth and crypto industries say the landmark crypto ETF verdict will open new doors for investors and advisors.

Starwood latest nontraded REIT with concerns
ALTERNATIVES MAY 24, 2024
Starwood latest nontraded REIT with concerns

Nontraded REITs are facing hurdles, higher interest rates, headlines about half-empty office buildings, and investors pulling their money from products.

Better to follow the yellow brick road than stocks so far in 2024
INDUSTRY NEWS MAY 24, 2024
Better to follow the yellow brick road than stocks so far in 2024

Gold has outperformed stocks year-to-date, but will its golden run last through the summer?

Raymond James unveils new CFO in C-suite shakeup
BROKER DEALERS MAY 24, 2024
Raymond James unveils new CFO in C-suite shakeup

The broker-dealer giant has revealed new details of leadership changes as part of its long-term succession strategy.

The Externship adds bonus experience hours from CFP Board
RIAS MAY 24, 2024
The Externship adds bonus experience hours from CFP Board

The virtual training program’s enhanced credit, starting in summer 2024, helps lower a key barrier for aspiring CFP certificants.

Is a college diploma still worth it? Americans are split
INDUSTRY NEWS MAY 24, 2024
Is a college diploma still worth it? Americans are split

Survey reveals mixed views on college education, with just a fifth of adults willing to take on debt for a four-year degree.

Blowout Nvidia forecast sends investors searching for more AI winners
INDUSTRY NEWS MAY 24, 2024
Blowout Nvidia forecast sends investors searching for more AI winners

Another blockbuster earnings report from the chipmaking giant raises the appeal for other AI-linked plays.

Finalist founded her RIA at just 29 years old
INDUSTRY NEWS MAY 24, 2024
Finalist founded her RIA at just 29 years old

InvestmentNews Awards 2024, Advisor of the Year (Regional - Southwest): Jenna Biancavilla, Pearl Capital Management

One third of investors believe the Fed won't cut rates at all this year
INDUSTRY NEWS MAY 24, 2024
One third of investors believe the Fed won't cut rates at all this year

Investor sentiment is falling overall as inflation, rate cut concerns rise.

Why HR managers could open the door to new business for advisors
INDUSTRY NEWS MAY 24, 2024
Why HR managers could open the door to new business for advisors

JPMorgan to pay $100M for client order monitoring fails: CFTC
INDUSTRY NEWS MAY 24, 2024
JPMorgan to pay $100M for client order monitoring fails: CFTC

Firm did not monitor of billions of client orders over 7-year period.