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Trio overseeing $150M at Ameriprise jumps to LPL
BROKER DEALERS NOV 27, 2023
Trio overseeing $150M at Ameriprise jumps to LPL

The team, which is rebranding as Momentum Wealth, is based in The Villages, Florida.

Q3 advisor moves down 18.9% from year before
BROKER DEALERS NOV 27, 2023
Q3 advisor moves down 18.9% from year before

The recruiting data show advisors' preference for operating under independent models.

Pension funds have lost market share among 100 largest asset owners with $23T AUM
RETIREMENT PLANNING NOV 27, 2023
Pension funds have lost market share among 100 largest asset owners with $23T AUM

Report reveals the owner groups that are jostling for pole position globally.

Oil market may be oversupplied, OPEC+ meeting in focus
INDUSTRY NEWS NOV 27, 2023
Oil market may be oversupplied, OPEC+ meeting in focus

Oil prices are under pressure ahead of a key production cut decision.

ESG investors concerned about 'AI blowback'
INDUSTRY NEWS NOV 27, 2023
ESG investors concerned about 'AI blowback'

Fund managers are worried about risks in the big tech sector.

Four potential pitfalls for growing EMs
INDUSTRY NEWS NOV 27, 2023
Four potential pitfalls for growing EMs

Despite current upward trajectory, there are some headwinds for emerging markets.

Investment advisory firm case hits Supreme Court this week
REGULATION AND LEGISLATION NOV 26, 2023
Investment advisory firm case hits Supreme Court this week

Ruling could upend SEC’s 'Orwellian and terrifying' powers, amicus brief argues.

Osaic picks up almost $500M as two teams switch to AmeriFlex
ADVISOR MOVES NOV 24, 2023
Osaic picks up almost $500M as two teams switch to AmeriFlex

A dozen advisors have been recruited to the firm across multiple states.

Most millennials value life insurance, but cost and confusion are holding them back
LIFE INSURANCE AND ANNUITIES NOV 24, 2023
Most millennials value life insurance, but cost and confusion are holding them back

The generation appears split on some key components of life insurance.

European stocks reflect weak data, recession fears
INDUSTRY NEWS NOV 24, 2023
European stocks reflect weak data, recession fears

Global stocks struggled for direction with US markets closed Thursday.

Carbon trading markets set for boost at COP28
ESG NOV 24, 2023
Carbon trading markets set for boost at COP28

At the global climate conference in Dubai, envoys from more than 190 nations are set to discuss standards for credits.

Bitcoin bull Cathie Wood’s ARK cuts back holdings in top trust
INDUSTRY NEWS NOV 24, 2023
Bitcoin bull Cathie Wood’s ARK cuts back holdings in top trust

Data shows a 700,000-share sale in Bitcoin Trust since Oct. 23.

Barclays could axe 2,000 jobs in $1.3B cost saving, says Reuters
INDUSTRY NEWS NOV 24, 2023
Barclays could axe 2,000 jobs in $1.3B cost saving, says Reuters

Global banking group will share a new strategy with investors early in 2024.

Oil dips as OPEC+ delays meeting until Nov. 30
INDUSTRY NEWS NOV 24, 2023
Oil dips as OPEC+ delays meeting until Nov. 30

The meeting will be held online and is expected to result in a production cut.

What is a fintech company? Your ultimate guide to all things fintech
NOV 23, 2023
What is a fintech company? Your ultimate guide to all things fintech

Finance and technology come together to create innovative solutions that offer convenience, efficiency, and accessibility to individuals and businesses alike.

How many jobs are available in tech?  
NOV 23, 2023
How many jobs are available in tech?  

Technology as an industry is growing rapidly; with it comes more job opportunities. Just how many jobs are available in tech? Find out more in our article.

Your 401(k) plan is your best investment – here's why 
NOV 23, 2023
Your 401(k) plan is your best investment – here's why 

Take control of your retirement savings with a 401(k) plan – they're the smartest investment you can make for your future. Read on to find out more

What is a wirehouse? 
NOV 23, 2023
What is a wirehouse? 

Find out what a wirehouse is, its pros and cons, and how it compares to other financial services firms. Plus: a snapshot of the top 5 wirehouses in the industry.

Latest in 401(k) litigation: Cap Group sued, MetLife to pay $4.5M settlement
RETIREMENT PLANNING NOV 22, 2023
Latest in 401(k) litigation: Cap Group sued, MetLife to pay $4.5M settlement

Settlements and new cases continue as law firms claim asset managers did wrong by using their own products.

DOL proposal starts where Reg BI stops
RETIREMENT PLANNING NOV 22, 2023
DOL proposal starts where Reg BI stops

Opponents say the DOL’s proposed rule overrides Reg BI by imposing fiduciary duty on brokers working with retirement savers. Backers say the measure fills in Reg BI’s gaps in investor protection.