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Alleged hacker behind fake SEC Bitcoin ETF post arrested
ETFS OCT 17, 2024
Alleged hacker behind fake SEC Bitcoin ETF post arrested

Alabama resident charged over January hijacking of the Securities and Exchange Commission's X account before historic decision on spot bitcoin ETFs.

Sound Income Strategies makes SMA debut on Orion
FINTECH OCT 17, 2024
Sound Income Strategies makes SMA debut on Orion

The $3 billion RIA is making three of its income-focused strategies available to the fintech's TAMP users.

Foundation Source acquires fintech powering Charityvest donor-advised funds sponsor
INDUSTRY NEWS OCT 17, 2024
Foundation Source acquires fintech powering Charityvest donor-advised funds sponsor

CEO Joseph Mrak shares what it means for his firm with InvestmentNews

UBS swipes UHNW advisor from JPMorgan
WIREHOUSES OCT 17, 2024
UBS swipes UHNW advisor from JPMorgan

He joins the firm's private wealth division in South Florida as the newest addition to a $7.2B advisory team.

World Investment Advisors inks agreement with Raymond James
BROKER DEALERS OCT 17, 2024
World Investment Advisors inks agreement with Raymond James

The recently renamed wealth firm says its new custodial partnership unlocks additional options for its advisors.

Bull market stampede not stymieing demand for alts
EQUITIES OCT 17, 2024
Bull market stampede not stymieing demand for alts

Publicly traded stocks are soaring, and bond yields are bountiful. So why should advisors own alternatives?

Daffy unveils private stock donation platform for employees' charitable giving
FINTECH OCT 17, 2024
Daffy unveils private stock donation platform for employees' charitable giving

Groundbreaking workplace initiative looks to unlock billions of dollars' worth of philanthropic impact by easing process of donating in kind with company shares.

Robinhood is expanding its offer to include futures trading, index options
INDUSTRY NEWS OCT 17, 2024
Robinhood is expanding its offer to include futures trading, index options

Investing platform announces new Robinhood Legend suite.

XYPN launches alternative independence route to typical broker-dealer relationship
INDUSTRY NEWS OCT 17, 2024
XYPN launches alternative independence route to typical broker-dealer relationship

New program offers technology and back office support.

Nasdaq to gain as chip stocks recover
INDUSTRY NEWS OCT 17, 2024
Nasdaq to gain as chip stocks recover

Meanwhile, Netflix will be in focus after the close.

Investors want more from the Fed than just data analytics
INDUSTRY NEWS OCT 17, 2024
Investors want more from the Fed than just data analytics

The focus on economic stats is frustrating some stakeholders.

Banks may have to accept lower earnings, warns McKinsey
INDUSTRY NEWS OCT 17, 2024
Banks may have to accept lower earnings, warns McKinsey

Cost cutting would have to escalate to maintain recent profitability.

Why are oil traders so pessimistic about 2025?
INDUSTRY NEWS OCT 17, 2024
Why are oil traders so pessimistic about 2025?

Outlook remains weak with output set to grow.

To bring in younger clients, 'charge lower fees,' says Gen Z-focused advisor
RIAS OCT 16, 2024
To bring in younger clients, 'charge lower fees,' says Gen Z-focused advisor

Be flexible with fee models and don't write off generation's potential.

LPL lures $450M advisor group from Raymond James
BROKER DEALERS OCT 16, 2024
LPL lures $450M advisor group from Raymond James

The firm is extending its network in Florida as eight defecting advisors seek "long-term sustainability."

Smarter investing: Help your clients keep more of their money with tax-efficient strategies
OPINION OCT 16, 2024
Smarter investing: Help your clients keep more of their money with tax-efficient strategies

Financial advisors can deliver real value for clients and, in doing so, set themselves apart, says Michael Finke, of The American College of Financial Services

Search underway for 2025’s best financial advisors
INDUSTRY NEWS OCT 16, 2024
Search underway for 2025’s best financial advisors

InvestmentNews is calling for entries for the second annual Top Advisor showcase.

Advisors optimistic even as election worries, wealth tsunami pose challenges
INDUSTRY NEWS OCT 16, 2024
Advisors optimistic even as election worries, wealth tsunami pose challenges

Natixis survey unpacks how advisors are using model portfolios, relationship-building, and other strategies to navigate their way to growth.

Why the US lags globally in retirement security
RETIREMENT PLANNING OCT 16, 2024
Why the US lags globally in retirement security

It's not just about the shift from pensions to 401(k)s, as highly rated countries offer higher contribution limits and more flexibility to workers.

Morgan Stanley latest wirehouse to reel in bundle of fresh client assets
INDUSTRY NEWS OCT 16, 2024
Morgan Stanley latest wirehouse to reel in bundle of fresh client assets

"It is clear that the industry is benefiting from strong tailwinds," one analyst notes.