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Bond traders now think Fed will move faster
INDUSTRY NEWS MAY 03, 2024
Bond traders now think Fed will move faster

Yields have fallen since the central bank's latest decision.

Gold heading for worst weekly loss since February
INDUSTRY NEWS MAY 03, 2024
Gold heading for worst weekly loss since February

Higher-for-longer rates expectation has weakened demand.

SVB Financial set to offload VC unit to Pinegrove affiliate
INDUSTRY NEWS MAY 03, 2024
SVB Financial set to offload VC unit to Pinegrove affiliate

Brookfield and Sequoia Capital are backing the buyers.

How to get sales and compliance on the same page
INDUSTRY NEWS MAY 02, 2024
How to get sales and compliance on the same page

There needs to be a healthy working relationship between the powers screaming 'Now!' and those saying, 'Not so fast!'

Want to go RIA with annuities? Here’s where to start
RIAS MAY 02, 2024
Want to go RIA with annuities? Here’s where to start

Ditching your legacy annuities when going independent used to be commonplace but there are now more options, says industry insiders.

A look at Schwab's TD migration, 8 months in
RIAS MAY 02, 2024
A look at Schwab's TD migration, 8 months in

The company says it has been working to make former TD RIA clients happy, but smaller alternative custodians say they've been getting a lot of business.

Where will RIA buying be strongest in the next year?
PRACTICE MANAGEMENT MAY 02, 2024
Where will RIA buying be strongest in the next year?

Inaugural M&A research reveals which wealth firm segment looks sweetest for dealmakers, aggregators, lenders, and consultants.

Barred Texas broker sold GPB fund without a license: SEC
ALTERNATIVES MAY 02, 2024
Barred Texas broker sold GPB fund without a license: SEC

"The only way to really address recidivism is through bringing criminal cases," one attorney said.

RFG welcomes former Edward Jones advisor in North Carolina
ADVISOR MOVES MAY 02, 2024
RFG welcomes former Edward Jones advisor in North Carolina

The breakaway advisor with 20 years of industry experience is launching his own practice for business owners and high-net-worth individuals.

LPL expands in Michigan with father-son advisor duo
BROKER DEALERS MAY 02, 2024
LPL expands in Michigan with father-son advisor duo

The two breakaway advisors are launching their own independent practice after managing a book of $240M at Ameriprise.

Bluerock invests in Townsend for private wealth expansion as Aon sells firm
INDUSTRY NEWS MAY 02, 2024
Bluerock invests in Townsend for private wealth expansion as Aon sells firm

Alternative asset manager and investment firm will target wealthy individuals.

Most people overvalue their time, underestimate their retirement savings
INDUSTRY NEWS MAY 02, 2024
Most people overvalue their time, underestimate their retirement savings

Empower study reveals people’s perceptions are often way out.

Investors are impatient, they want big earnings
INDUSTRY NEWS MAY 02, 2024
Investors are impatient, they want big earnings

Lacklustre results from corporates wont cut it after stock rally.

World economic outlook looks better, avoids stagflation
INDUSTRY NEWS MAY 02, 2024
World economic outlook looks better, avoids stagflation

OECD says inflation should prove less of a problem for many economies.

Why global money is buying Hong Kong stocks right now
INDUSTRY NEWS MAY 02, 2024
Why global money is buying Hong Kong stocks right now

Fed's interest rate decision has further fueled Hang Seng Index.

Does bitcoin slump suggest trouble ahead in global markets?
INDUSTRY NEWS MAY 02, 2024
Does bitcoin slump suggest trouble ahead in global markets?

Crypto 'canary' may signal future shocks.

LPL shares hit fresh high after strong earnings
BROKER DEALERS MAY 01, 2024
LPL shares hit fresh high after strong earnings

"Recruiting is as strong as ever" at LPL, one analyst noted.

If the Fed cut rates in the forest, would advisors notice?
INDUSTRY NEWS MAY 01, 2024
If the Fed cut rates in the forest, would advisors notice?

Despite all the conversation and consternation on Wall Street, the Fed has not moved interest rates since last July.

How much are parents willing to cover for their kids’ college?
INDUSTRY NEWS MAY 01, 2024
How much are parents willing to cover for their kids’ college?

Northwestern Mutual poll reveals their expectations around splitting education costs, as well as Americans’ broader financial preparedness.

Lack of progress on inflation forces hawkish Fed hold
FIXED INCOME MAY 01, 2024
Lack of progress on inflation forces hawkish Fed hold

Policymakers at the US central bank raise fresh concerns around price pressures.