News

Displaying 41751 results
FTX co-founder admits multibillion-dollar fraud
ALTERNATIVES OCT 06, 2023
FTX co-founder admits multibillion-dollar fraud

The crypto exchange collapse is being played out in court.

BlackRock fund loses $5B as emerging markets ETFs face churn
INDUSTRY NEWS OCT 06, 2023
BlackRock fund loses $5B as emerging markets ETFs face churn

Investors are pivoting from broad market funds to country-specific exposure.

US jobs report expected to show growth, but is change ahead?
INDUSTRY NEWS OCT 06, 2023
US jobs report expected to show growth, but is change ahead?

Bloomberg economists predict a sharp hiring slowdown.

Goldman's build-your-own ETF hub debuts first funds
MUTUAL FUNDS OCT 05, 2023
Goldman's build-your-own ETF hub debuts first funds

Goldman's platform is designed to help institutional clients launch their own ETFs while providing services such as portfolio implementation and capital markets solutions.

FPA launches program to attract members from Ameriprise
REGULATION AND LEGISLATION OCT 05, 2023
FPA launches program to attract members from Ameriprise

An advocate questions whether the CFP credential's fiduciary obligation can apply in a firm where advisors are dually registered.

Team managing $800M joins Arkadios
RIAS OCT 05, 2023
Team managing $800M joins Arkadios

The trio, from JPMorgan and Capitol Group, have launched Clover Capital Partners in Atlanta.

David Kowach's &Partners starts hiring advisors
PRACTICE MANAGEMENT OCT 05, 2023
David Kowach's &Partners starts hiring advisors

The new firm picks up advisors from Edward Jones and Wells Fargo.

LPL adds California team managing $150 million
BROKER DEALERS OCT 05, 2023
LPL adds California team managing $150 million

The Sacramento-based firm, Bradford Capital Group, was previously affiliated with Securities America.

UBS nabs two teams from Bernstein Private Wealth
WIREHOUSES OCT 05, 2023
UBS nabs two teams from Bernstein Private Wealth

The teams, both in Philadelphia, collectively manage $1.7 billion in assets.

Former $200M UBS team joins Snowden Lane Partners
ADVISOR MOVES OCT 05, 2023
Former $200M UBS team joins Snowden Lane Partners

The hybrid firm has added $4B in client assets in the past two years.

Dollar loses ahead of payroll data, but strategists see gains ahead
INDUSTRY NEWS OCT 05, 2023
Dollar loses ahead of payroll data, but strategists see gains ahead

Greenback weaker than most of its peers in early trading Thursday.

US IPOs buoyed by world's largest sovereign wealth fund
INDUSTRY NEWS OCT 05, 2023
US IPOs buoyed by world's largest sovereign wealth fund

The IPO market has seen a recent resurgence after poor run.

Citi believes China's economy has bottomed out and has boosted forecast
INDUSTRY NEWS OCT 05, 2023
Citi believes China's economy has bottomed out and has boosted forecast

Its analysts now expect growth of 5% for the world's second largest ecomomy.

Goldman says India equities are 'expensive' and advises caution
INDUSTRY NEWS OCT 05, 2023
Goldman says India equities are 'expensive' and advises caution

The country's elections are next year and valuations are elevated.

Courting wealthy individuals isn't all good news for communities
INDUSTRY NEWS OCT 05, 2023
Courting wealthy individuals isn't all good news for communities

Milan has discovered a key downside to being a mecca for the rich.

Employers racing to offload pensions to insurers
RETIREMENT PLANNING OCT 04, 2023
Employers racing to offload pensions to insurers

The trend is a boon for the insurance business, but there are questions about protections for retirees and workers.

Cetera to offer Avantax advisors slim bonuses to none at all
BROKER DEALERS OCT 04, 2023
Cetera to offer Avantax advisors slim bonuses to none at all

Meanwhile, Cetera's owner Genstar is reinvesting in the firm.

House turmoil not likely to quiet GOP critics of SEC rule proposals        
REGULATION AND LEGISLATION OCT 04, 2023
House turmoil not likely to quiet GOP critics of SEC rule proposals        

'This is a transition of leadership,' says a former Democratic Senate staffer. 'It's business as usual with respect to oversight of the SEC.'

Target-date funds: Low fee doesn't equal low risk
OPINION OCT 04, 2023
Target-date funds: Low fee doesn't equal low risk

Three reasons why passive TDFs aren’t automatically the safer choice for DC plan fiduciaries

Parent of Sigma Financial rebrands as Axtella
RIAS OCT 04, 2023
Parent of Sigma Financial rebrands as Axtella

The company formerly known as SPS Family also owns Parkland Securities and RIA Sigma Planning.