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Why has tech founder Peter Thiel sold $1B of his firm's stock?
INDUSTRY NEWS SEP 27, 2024
Why has tech founder Peter Thiel sold $1B of his firm's stock?

Palantir stock has more than doubled this year.

Scion of former B-D owner bolts B. Riley
BROKER DEALERS SEP 26, 2024
Scion of former B-D owner bolts B. Riley

Meanwhile, other broker-dealers are talking to teams of B. Riley financial advisors.

Is your client selling their business? Dynasty Financial study digs into exits and advisors
RETIREMENT PLANNING SEP 26, 2024
Is your client selling their business? Dynasty Financial study digs into exits and advisors

A trio of advisors discuss their replies to a new survey on business sales by Dynasty Financial.

EIAs should be securities
OPINION SEP 26, 2024
EIAs should be securities

The world would be a better place if they had never been created.

Carson Wealth widens Montana footprint with True North partnership
RIAS SEP 26, 2024
Carson Wealth widens Montana footprint with True North partnership

The firm has secured its second location in Billings with a six-person advisory team managing over $400M in assets.

Trump lawyers fight to erase $112,000-a-day debt
INDUSTRY NEWS SEP 26, 2024
Trump lawyers fight to erase $112,000-a-day debt

The attempt to nullify the biggest liability on the Republican presidential nominee's personal balance sheet is a financial gamble.

NYC Mayor Eric Adams indicted on federal bribery and fraud charges
INDUSTRY NEWS SEP 26, 2024
NYC Mayor Eric Adams indicted on federal bribery and fraud charges

The indictment revealed on Thursday represents a stunning fall from grace following a monthslong corruption investigation.

Dynasty Financial shakes up leadership with COO hire, new positions
INDUSTRY NEWS SEP 26, 2024
Dynasty Financial shakes up leadership with COO hire, new positions

The independent giant is looking to its next stage of growth as it adds and promotes industry veterans to its executive suite.

LPL bolsters Texas presence with former Osaic team
BROKER DEALERS SEP 26, 2024
LPL bolsters Texas presence with former Osaic team

With more than four decades of combined experience, the broker-dealer giant's latest additions reportedly oversaw $150M in assets.

Move to Gries Financial Partners "feels like home" for industry veteran
RIAS SEP 26, 2024
Move to Gries Financial Partners "feels like home" for industry veteran

RIA founder and consultant starting a new role as chief growth officer.

Goldman Sachs, Alphabet among firms hit with $3.8B SEC late filing penalties
INDUSTRY NEWS SEP 26, 2024
Goldman Sachs, Alphabet among firms hit with $3.8B SEC late filing penalties

Delayed information included beneficial ownership, insider transaction.

Can the next generation step up to the challenge of managing family fortunes?
INDUSTRY NEWS SEP 26, 2024
Can the next generation step up to the challenge of managing family fortunes?

Family offices express concerns as intergenerational wealth transfer approaches.

BlackRock believes market can manage earnings downgrades
INDUSTRY NEWS SEP 26, 2024
BlackRock believes market can manage earnings downgrades

Research director says valuations are 'not crazily high.'

Treasuries on pause as traders await signs of another Fed jumbo cut
INDUSTRY NEWS SEP 26, 2024
Treasuries on pause as traders await signs of another Fed jumbo cut

All eyes are jobless claims and Fed speakers for signals.

OpenAI weighs shift to for-profit entity, 7% stake for Sam Altman
INDUSTRY NEWS SEP 26, 2024
OpenAI weighs shift to for-profit entity, 7% stake for Sam Altman

AI firm's founder could add billions to his personal fortune.

Boost for crypto as PayPal greenlights business transactions
INDUSTRY NEWS SEP 26, 2024
Boost for crypto as PayPal greenlights business transactions

Business account holders will now be able to deal in cryptocurrencies.

Younger HNWIs love AI – and they want advisors on board
FINTECH SEP 25, 2024
Younger HNWIs love AI – and they want advisors on board

Poll reveals four-fifths of younger affluent investors want their advisors to use AI tools, and a third would consider firing non-adopters.

SEC bars ex-LPL broker who stole $1.7 million from clients to buy house
REGULATION AND LEGISLATION SEP 25, 2024
SEC bars ex-LPL broker who stole $1.7 million from clients to buy house

The alleged fraud began in 2020, according to the SEC.

Private equity players bringing in experts for portfolio fixer-uppers
ALTERNATIVES SEP 25, 2024
Private equity players bringing in experts for portfolio fixer-uppers

As financial engineering loses its firepower, buyout heavyweights are going back to the basics with operational improvements and management muscle.

Which candidate has the superior financial acumen: Harris or Trump?
INDUSTRY NEWS SEP 25, 2024
Which candidate has the superior financial acumen: Harris or Trump?

Wealth manager Megan Gorman breaks down the Presidential candidates and their approaches to money.