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Going for gold? Silver is shining brighter
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
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
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
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
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'
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
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
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.

SEC tightens rules around data breach disclosures
REGULATION AND LEGISLATION MAY 16, 2024
SEC tightens rules around data breach disclosures

Updates to a 24-year-old rule will require firms, including broker-dealers and RIAs, to prevent cyber risks and notify clients of incidents.

Haves and have nots: The illusory promise of SEC investor protection
OPINION MAY 16, 2024
Haves and have nots: The illusory promise of SEC investor protection

While the rule ostensibly aims to shield investors from financial risk, the evidence suggests a different narrative.

DOL expands program to ease retirement plan payouts at bankrupt firms
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.

Raymond James welcomes $900M team from Wells Fargo
BROKER DEALERS MAY 16, 2024
Raymond James welcomes $900M team from Wells Fargo

With over a century of collective experience, the veteran-led team is joining the broker-dealer’s employee advisor arm in Florida.

Cetera ratchets up advisor focus with key leadership hires
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.

Bluespring snaps up $750M Arizona wealth firm
ADVISOR MOVES MAY 16, 2024
Bluespring snaps up $750M Arizona wealth firm

Offering a host of planning services, the 14-person team from Commonwealth includes a husband-and-wife advisor tandem.

Shakeup at Schwab as veteran leader Bernie Clark retires
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.

Avantax snaps up $400M Pennsylvania team
RIAS MAY 16, 2024
Avantax snaps up $400M Pennsylvania team

Previously with Stratos Wealth Advisors, the new hires in the Northeast include three veterans with over 80 years of combined industry experience.

Bridging the generational divide in finance
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
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’
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.

Bond yield volatility requires new trading strategies
INDUSTRY NEWS MAY 16, 2024
Bond yield volatility requires new trading strategies

The market is riskier, but that can mean opportunity.