News

Displaying 41706 results
Morgan Stanley's Wilson sees 'highly likely' chance of 10% pre-election correction
INDUSTRY NEWS JUL 08, 2024
Morgan Stanley's Wilson sees 'highly likely' chance of 10% pre-election correction

Uncertainty around Federal Reserve cuts, corporate earnings, and US elections are adding to the odds of a choppy third quarter.

Rockefeller snaps up another ex-First Republic team from JPMorgan
RIAS JUL 08, 2024
Rockefeller snaps up another ex-First Republic team from JPMorgan

The firm’s family office division has expanded its presence in the East Coast as it welcomes a veteran ultra-high-net-worth advisor in Boston.

Analyst cuts Raymond James' rating over "emerging risks"
BROKER DEALERS JUL 08, 2024
Analyst cuts Raymond James' rating over "emerging risks"

'A huge pull is the massive amount of money that private equity firms are offering the owners of these OSJs,' says one industry executive.

Family offices plugged into tech investing, says Pepper International CEO
INDUSTRY NEWS JUL 08, 2024
Family offices plugged into tech investing, says Pepper International CEO

Family office advisor Carol Pepper shines a spotlight on how today's 'Rockefellers' are protecting and growing their family fortunes.

Ex-Cboe CEO Ed Tilly joins $2B fintech Clear Street
FINTECH JUL 08, 2024
Ex-Cboe CEO Ed Tilly joins $2B fintech Clear Street

The upstart provider of custody and clearing services' new president is the latest in a string of high-profile appointments.

Salim Ramji begins CEO role at Vanguard
INDUSTRY NEWS JUL 08, 2024
Salim Ramji begins CEO role at Vanguard

The former BlackRock ETFs leader vowed the firm would preserve Jack Bogle’s original vision while evolving in step with its customers’ needs.

Why affluent individuals are investing in global citizenship
INDUSTRY NEWS JUL 08, 2024
Why affluent individuals are investing in global citizenship

More high-net-worth individuals in the US are engaging in "jurisdictional arbitrage," says Apex Capital Partners founder Nuri Katz.

BlackRock acquisition founder makes staff millionaires
INDUSTRY NEWS JUL 08, 2024
BlackRock acquisition founder makes staff millionaires

Deal makes Preqin chief wealthier than Larry Fink.

Bumper earnings season is key to continued stock rally
INDUSTRY NEWS JUL 08, 2024
Bumper earnings season is key to continued stock rally

Wall Street strategists optimistic on Corporate America's ability to deliver.

Steeper bond curve expected, CPI to further help bonds
INDUSTRY NEWS JUL 08, 2024
Steeper bond curve expected, CPI to further help bonds

Bet favored by Citi, JPMorgan is looking good.

Gold slips as China keeps buying on hold for second month
INDUSTRY NEWS JUL 08, 2024
Gold slips as China keeps buying on hold for second month

Further easing could be ahead as traders digest data.

Paramount to merge with Skydance Media in complex deal
INDUSTRY NEWS JUL 08, 2024
Paramount to merge with Skydance Media in complex deal

CBS, MTV owner to get fresh capital injection.

Friendly tax climates give top NHL teams a recruiting edge
INDUSTRY NEWS JUL 05, 2024
Friendly tax climates give top NHL teams a recruiting edge

For many past champions, the absence of a state income tax is a valuable bargaining chip when it comes to luring free agents.

Rare downgrade for Nvidia as analyst airs valuation concerns
INDUSTRY NEWS JUL 05, 2024
Rare downgrade for Nvidia as analyst airs valuation concerns

After the breathless rally since last year, the stock has no room left to run, he argues.

RBC dinged over excess mutual fund charges
REGULATION AND LEGISLATION JUL 05, 2024
RBC dinged over excess mutual fund charges

A blind spot in the firm’s oversight system resulted in almost $265k in unnecessary charges and fees across 1,450 accounts, according to Finra.

Payroll growth slows, uptick in jobless rate bolsters Fed cut hopes
INDUSTRY NEWS JUL 05, 2024
Payroll growth slows, uptick in jobless rate bolsters Fed cut hopes

Jobs report shows greater-than-expected cooldown in labor market during the second quarter.

What RIAs need to think about before partnering up
RIAS JUL 05, 2024
What RIAs need to think about before partnering up

"You're literally marrying another entity that you may not have married from the beginning," says CEO of Procyon Partners.

Wealth management on the brink of an "exciting" era
RIAS JUL 05, 2024
Wealth management on the brink of an "exciting" era

CEO of LVW Advisors unpacks how the upcoming wealth transfer among women and fintech will play a huge role in the industry's future.

Schroders Capital pilots tokenized insurance-linked securities investments
INDUSTRY NEWS JUL 05, 2024
Schroders Capital pilots tokenized insurance-linked securities investments

Private markets business teamed up with a global reinsurer for the proof of concept.

Global equities reach record high ahead of US jobs data
INDUSTRY NEWS JUL 05, 2024
Global equities reach record high ahead of US jobs data

Stats are expected to show an easing labor market.