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Goldman now expects faster and deeper Fed rate cuts
BROKER DEALERS DEC 14, 2023
Goldman now expects faster and deeper Fed rate cuts

Economists believe core inflation will return to target by end of 2024.

IEA says oil demand is slowing sharply
INDUSTRY NEWS DEC 14, 2023
IEA says oil demand is slowing sharply

Agency says key countries are showing signs of economic slowdown.

Arkadios adds two firms from Triad
BROKER DEALERS DEC 13, 2023
Arkadios adds two firms from Triad

Atlanta-based Peachtree Wealth Advisors and Arizona-based RBG Capital have combined assets totaling more than $600 million.

DOL hearing parses intersection of ‘best interest’ and annuity sales
RETIREMENT PLANNING DEC 13, 2023
DOL hearing parses intersection of ‘best interest’ and annuity sales

'It’s crystal clear for the prospective client that the insurance producer is selling,' says an insurance industry representative.

Merrill again faces client complaint over yields on cash
WIREHOUSES DEC 13, 2023
Merrill again faces client complaint over yields on cash

Merrill has consistently been the brokerage firm paying the lowest rates on swept cash, according to a suit filed by Merrill Edge client.

Fed opens the door to rate cuts
FIXED INCOME DEC 13, 2023
Fed opens the door to rate cuts

After a relentless stock rally, central bank makes its final policy announcement of 2023.

Citi offers to pay partial bonuses to encourage departures
BROKER DEALERS DEC 13, 2023
Citi offers to pay partial bonuses to encourage departures

The bank's offers to a limited number of staff are part of the Wall Street giant's continued restructuring efforts.

How to build a solid estate planning strategy 
DEC 13, 2023
How to build a solid estate planning strategy 

In this article, we’ll go over the steps in estate planning, the 5x5 rule, and common mistakes people make when creating an estate planning strategy.

What is a Roth IRA? 
DEC 13, 2023
What is a Roth IRA? 

The Roth IRA as part of your retirement strategy: is it a good plan?

Are we nearing the end of the inverted yield curve?
FIXED INCOME DEC 13, 2023
Are we nearing the end of the inverted yield curve?

Survey reveals most advisors think 2-year US Treasury has peaked as clients shift more assets into fixed income.

NewEdge Capital hails record year for recruiting advisors, adds almost $10B AUM
RIAS DEC 13, 2023
NewEdge Capital hails record year for recruiting advisors, adds almost $10B AUM

The firm has seen exponential growth and expanded its footprint.

Does COP28 deal mean the end of fossil fuels?
ESG DEC 13, 2023
Does COP28 deal mean the end of fossil fuels?

In theory there will be a shift, but don’t expect it to happen fast.

Even the world's No. 1 ESG fund has boosted oil, gas exposure
ESG DEC 13, 2023
Even the world's No. 1 ESG fund has boosted oil, gas exposure

$5T fund has made a significant increase in fossil fuels since new regs were introduced.

Apollo hires BlackRock veterans for wealth, insurance units
INDUSTRY NEWS DEC 13, 2023
Apollo hires BlackRock veterans for wealth, insurance units

The firm is targeting $1 trillion in assets by 2026.

House passes bill to halt 'bureaucratic' agency rulemaking
REGULATION AND LEGISLATION DEC 12, 2023
House passes bill to halt 'bureaucratic' agency rulemaking

The legislation is unlikely to get the president's signature, and it probably couldn't stop the DOL's fiduciary rule.

3 things to consider when selecting a niche
OPINION DEC 12, 2023
3 things to consider when selecting a niche

Devise a strategy to help you capture business from a market segment you want to serve.

Is it finally time to shelve recession fears?
OPINION DEC 12, 2023
Is it finally time to shelve recession fears?

Of the US economy's three options — soft landing, recession or reacceleration — the first seems the most likely.

Industry opponents call on DOL to withdraw retirement advice proposal
RETIREMENT PLANNING DEC 12, 2023
Industry opponents call on DOL to withdraw retirement advice proposal

On day one of public hearing, critics argue potential new measure will alienate some clients and is 'overbroad, unnecessary and inconsistent.'

Why TAMPs are ‘a powerful tool’ for advisors
TAMPS DEC 12, 2023
Why TAMPs are ‘a powerful tool’ for advisors

Advisor says TAMPs are like ‘a spectrum with dozens of capabilities’ at final RIA Lab event for 2023.

Wells Fargo Advisors highlights bump in  compensation for $1M producers
ALTERNATIVES DEC 12, 2023
Wells Fargo Advisors highlights bump in compensation for $1M producers

The wirehouse is emphasizing better pay for advisors who sell alternative investments and offer loans to clients.