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Good Life has picked up three new advisors in August, eyes growth with new location
INDUSTRY NEWS AUG 27, 2024
Good Life has picked up three new advisors in August, eyes growth with new location

Firm says there is strong demand for its route to independence.

Goldman Sachs sees oil at $77 in 2025 amid surplus
INDUSTRY NEWS AUG 27, 2024
Goldman Sachs sees oil at $77 in 2025 amid surplus

OPEC+ could be among the producers increasing supply.

Bronfman exit clears path for Skydance to buy Paramount Global
INDUSTRY NEWS AUG 27, 2024
Bronfman exit clears path for Skydance to buy Paramount Global

CBS, MTV firm set for revitalization under new owner.

Fed cuts could spark $1T US asset sale, FX market risk
INDUSTRY NEWS AUG 27, 2024
Fed cuts could spark $1T US asset sale, FX market risk

US denominated asset sale could be an 'avalanche'.

Ex-Goldman MD 'bets career' on climate-proofing real estate
INDUSTRY NEWS AUG 27, 2024
Ex-Goldman MD 'bets career' on climate-proofing real estate

Wall Street veteran teams up with billionaire investor Tom Steyer.

BNY takes $5M hit over swaps reporting shortfalls
REGULATION AND LEGISLATION AUG 26, 2024
BNY takes $5M hit over swaps reporting shortfalls

The Wall Street firm is being penalized for a repeated failure to properly report millions of swap transactions," according to the CFTC.

New York RIA faces $1.8M penalty over failures in handling nonpublic information
INDUSTRY NEWS AUG 26, 2024
New York RIA faces $1.8M penalty over failures in handling nonpublic information

SEC says the firm failed to properly review risks in CLO trades it executed, causing roughly $685K in losses for two counterparties.

B-D giant Osaic reorganizes management team
BROKER DEALERS AUG 26, 2024
B-D giant Osaic reorganizes management team

The moves boost the authority of Tim Hodge and Dimple Shah in Osaic's management structure.

Americana reveals managing partner for LatAm family office division
RIAS AUG 26, 2024
Americana reveals managing partner for LatAm family office division

The Dynasty Financial partner firm is looking to become a destination of choice for elite financial advisors in the international UHNW space.

Dimensional Fund alums launch platform to empower RIAs
RIAS AUG 26, 2024
Dimensional Fund alums launch platform to empower RIAs

The new venture, Parkwoods Wealth Partners, aims to help registered investment advisers overcome the challenges of growth and succession planning.

Wellspring taps Evolution Capital’s Jeffrey Kadlic as president and COO
INDUSTRY NEWS AUG 26, 2024
Wellspring taps Evolution Capital’s Jeffrey Kadlic as president and COO

With 25 years of experience across multiple areas, the alternative investing veteran is set to lead the multi-family office’s next leg of expansion.

Baird nabs $206M advisor from RBC
ADVISOR MOVES AUG 26, 2024
Baird nabs $206M advisor from RBC

The employee-owned firm is building on its 50-year presence in Minnesota with its latest veteran addition.

LPL welcomes $150M advisor in Texas
RIAS AUG 26, 2024
LPL welcomes $150M advisor in Texas

The broker-dealer giant’s latest addition in San Antonio comes with over two decades of experience, including owning his own RIA.

Hybrid RIA celebrates 200 pillar partner advisors on its $13B AUM platform
INDUSTRY NEWS AUG 26, 2024
Hybrid RIA celebrates 200 pillar partner advisors on its $13B AUM platform

Prioritizing retirement plan for advisors is one of the keys to firm's success.

PE firm adds catalog of Grammy winning Bruno Mars collaborator to assets
INDUSTRY NEWS AUG 26, 2024
PE firm adds catalog of Grammy winning Bruno Mars collaborator to assets

It's the latest big money music deal following Blackstone’s $1.6B Hipgnosis fund buy.

Social engagement platform for RIAs powers up with AI partnership
INDUSTRY NEWS AUG 26, 2024
Social engagement platform for RIAs powers up with AI partnership

Solution aims to streamline advisor workflow while remaining complaint.

Fed's Powell outlines two priorities as rate cuts near
INDUSTRY NEWS AUG 26, 2024
Fed's Powell outlines two priorities as rate cuts near

Strategy will be under review in the coming months.

Gold run has further to go as bulls celebrate
INDUSTRY NEWS AUG 26, 2024
Gold run has further to go as bulls celebrate

Lower US interest rates will provide new gains for bullion.

RBC Wealth Management adds $438M veteran from Merrill
ADVISOR MOVES AUG 23, 2024
RBC Wealth Management adds $438M veteran from Merrill

The former wirehouse advisor brings 26 years of experience to the firm’s Boulder, Colorado branch.

Sanctuary welcomes $400M breakaway group from Merrill
ADVISOR MOVES AUG 23, 2024
Sanctuary welcomes $400M breakaway group from Merrill

Its network of entrepreneurial ex-wirehouse advisors continues to grow with the four-person team in North Carolina.