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Hightower announces layoffs after summer of deals
RIAS OCT 04, 2023
Hightower announces layoffs after summer of deals

The cutbacks affecting roughly 5% of its employees are aimed at ensuring the long-term success of its business, Hightower says.

Independent alpha: Making the breakaway math add up
OPINION OCT 04, 2023
Independent alpha: Making the breakaway math add up

Advisors who make the move to independence are forgoing massive recruitment bonuses. How can they justify this leap?

Veritable, Empower advisors join Savvy Advisors as principal wealth managers
ADVISOR MOVES OCT 04, 2023
Veritable, Empower advisors join Savvy Advisors as principal wealth managers

The duo have partnered with the digital-first platform in the Philadelphia area.

Millions of Americans face a retirement income shortfall, Vanguard research warns
RETIREMENT PLANNING OCT 04, 2023
Millions of Americans face a retirement income shortfall, Vanguard research warns

The gap between need and ability is highlighted in inaugural report.

SEC's 'cryptos are securities' court appeal denied
ALTERNATIVES OCT 04, 2023
SEC's 'cryptos are securities' court appeal denied

Regulator cannot challenge federal court judge’s ruling on Ripple Labs’ digital currency.

How to go from ethics awardee to $300K insider trading claims
REGULATION AND LEGISLATION OCT 04, 2023
How to go from ethics awardee to $300K insider trading claims

Goldman Sachs trader denies sharing tips with friends and family.

BofA report reveals easing of wealthy households' charitable giving
INDUSTRY NEWS OCT 04, 2023
BofA report reveals easing of wealthy households' charitable giving

Fewer affluent US households donated and the amounts were smaller.

House bill to double HSA limits slammed as perk for wealthy
RETIREMENT PLANNING OCT 03, 2023
House bill to double HSA limits slammed as perk for wealthy

Opponents say the legislation would do little to help most people.

Go big or go boutique?
OPINION OCT 03, 2023
Go big or go boutique?

Here are questions financial advisors should consider before making a move.

Creative Planning picks up $1 billion Pennsylvania RIA
RIAS OCT 03, 2023
Creative Planning picks up $1 billion Pennsylvania RIA

Kistler-Tiffany Advisors has been working with clients for nearly 50 years.

Edelman buys $425M Oklahoma City RIA
RIAS OCT 03, 2023
Edelman buys $425M Oklahoma City RIA

Align Wealth Management, founded in 1994, also has an office in St. Petersburg, Florida.

Boom in new ETFs defies saturation warnings
MUTUAL FUNDS OCT 03, 2023
Boom in new ETFs defies saturation warnings

'Is this the year of the bond ETF? Certainly flows seem to be shouting that from the rooftops,' says VettaFi's Lara Crigger.

Nominations for Top Advisors 2024 now open
INDUSTRY NEWS OCT 03, 2023
Nominations for Top Advisors 2024 now open

InvestmentNews begins its inaugural search for the Top Advisors in the industry.

Sanctuary Wealth hires ex-Morgan Stanley MD to recruit East Coast advisors
INDUSTRY NEWS OCT 03, 2023
Sanctuary Wealth hires ex-Morgan Stanley MD to recruit East Coast advisors

Industry veteran will focus on attracting elite wirehouse breakaways.

There could be another rate hike coming, says Cleveland Fed
INDUSTRY NEWS OCT 03, 2023
There could be another rate hike coming, says Cleveland Fed

One more increase may be required before year-end.

Goldman is latest Wall Street firm to flag rates impact on stocks
INDUSTRY NEWS OCT 03, 2023
Goldman is latest Wall Street firm to flag rates impact on stocks

Morgan Stanley and JPMorgan have also raised concerns.

Family office haven seizes $2B in money laundering probe
INDUSTRY NEWS OCT 03, 2023
Family office haven seizes $2B in money laundering probe

Singapore may tighten rules on foreign investors.

Bitcoin slips from 6-week peak after bond yields jump
INDUSTRY NEWS OCT 03, 2023
Bitcoin slips from 6-week peak after bond yields jump

Luxury watch investors favor Cartier over Rolex
INDUSTRY NEWS OCT 03, 2023
Luxury watch investors favor Cartier over Rolex

Investors are wary of overpricing in secondary markets.

Advisors increasingly rely on home office models, survey says
RIAS OCT 02, 2023
Advisors increasingly rely on home office models, survey says

With more allocation tools at their disposals, advisors are focusing on planning and growing their businesses, Fuse finds.