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Too far, too fast? Investors may have been over-bullish on economy
INDUSTRY NEWS DEC 05, 2023
Too far, too fast? Investors may have been over-bullish on economy

Expectation of better economic conditions, rate cuts could have seen overbuying last month.

Wall Street still has comms problem despite $2B in fines
REGULATION AND LEGISLATION DEC 05, 2023
Wall Street still has comms problem despite $2B in fines

Traders continue sharing information using unauthorized messaging platforms.

China credit outlook cut to negative by Moody's
INDUSTRY NEWS DEC 05, 2023
China credit outlook cut to negative by Moody's

Debt levels are concerning the ratings agency.

White House, others question annuity safeguards 
RETIREMENT PLANNING DEC 04, 2023
White House, others question annuity safeguards 

Once again, annuities are at the heart of a debate over retirement savings and investor protection. The DOL says state oversight of sales of the products isn’t strong enough.

Top Regional Fee-Only RIAs 2023 winners revealed
RIAS DEC 04, 2023
Top Regional Fee-Only RIAs 2023 winners revealed

InvestmentNews celebrates 100 leading firms who have established themselves as trusted partners for clients

Indiana-based hybrid hires former Wells Fargo exec
RIAS DEC 04, 2023
Indiana-based hybrid hires former Wells Fargo exec

John Peluso retired in September as head of Wells Fargo’s clearing operations, and earlier presided over FiNet.

Giant RIAs in old-fashioned donnybrook for advisors and clients
RIAS DEC 04, 2023
Giant RIAs in old-fashioned donnybrook for advisors and clients

Edelman Financial Engines is suing Mariner Wealth Advisors, alleging that Mariner is poaching its clients and running Edelman out of business.

Michigan advisor runs for House seat 
RIAS DEC 04, 2023
Michigan advisor runs for House seat 

As a financial advisor for more than 30 years, Diane Young has seen fiscal and retirement policies affect her clients. If voters in Michigan’s 10th District elect her, she’ll have a role in shaping the decisions Congress makes.

Osaic owner reportedly seeking buyer for up to 20% stake in broker-dealer
BROKER DEALERS DEC 04, 2023
Osaic owner reportedly seeking buyer for up to 20% stake in broker-dealer

Minority shareholding could be worth as much as $2.5B.

Former Citi veteran joins Snowden Lane for HNW-focused practice
ADVISOR MOVES DEC 04, 2023
Former Citi veteran joins Snowden Lane for HNW-focused practice

Experienced advisor team in Florida follows recent expansion in Colorado.

Thinking of going independent? How smaller RIAs can win despite disruptive tech  
TECHNOLOGY DEC 04, 2023
Thinking of going independent? How smaller RIAs can win despite disruptive tech  

Advisory Services Network's business development director, Trey Prescott, talks to InvestmentNews.

Billionaire wealth tax plan could be shattered by $14K court case
REGULATION AND LEGISLATION DEC 04, 2023
Billionaire wealth tax plan could be shattered by $14K court case

President Biden's budget request may all come down to a Trump era legal dispute.

Can banks really be trusted on ESG when they set their own rules?
ESG DEC 04, 2023
Can banks really be trusted on ESG when they set their own rules?

Discussions at COP28 include global standards for sustainability reporting.

Shut up and take our money, investors say about financial advice
PRACTICE MANAGEMENT DEC 01, 2023
Shut up and take our money, investors say about financial advice

Demand for paid financial advice is at a high level and rising, survey data show.

Northwestern Mutual targets next-gen clients with new model portfolios
INDUSTRY NEWS DEC 01, 2023
Northwestern Mutual targets next-gen clients with new model portfolios

New products aim to attract younger investors who want to work with advisors.

RBC Wealth Management recruits $337M team in Memphis
INDUSTRY NEWS DEC 01, 2023
RBC Wealth Management recruits $337M team in Memphis

Team of six has switched from Cetera.

CAIS expands alts offering with Pershing with no transaction fees
INDUSTRY NEWS DEC 01, 2023
CAIS expands alts offering with Pershing with no transaction fees

Expansion of the two firm's partnership gives advisors greater access to funds.

S&P 500 up almost 9% in November, but is Big Tech a risk?
INDUSTRY NEWS DEC 01, 2023
S&P 500 up almost 9% in November, but is Big Tech a risk?

The dominant stocks tend to drop at year-end but Fed optimism could buck the trend.

Private credit carve-out from JPMorgan filed 'secret' IPO plan
BROKER DEALERS DEC 01, 2023
Private credit carve-out from JPMorgan filed 'secret' IPO plan

HPS Investment Partners could go public if equity capital markets look favorable.

China or India: Which EM do global wealth managers favor?
INDUSTRY NEWS DEC 01, 2023
China or India: Which EM do global wealth managers favor?

The two major Asia economies are vying for investment.