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Is a dairy cabinet product about to spark surge for makers?
INDUSTRY NEWS JUN 24, 2024
Is a dairy cabinet product about to spark surge for makers?

Ozempic-led obesity-treatment craze boosting demand for other products.

Crypto cracks emerge as Bitcoin suffers second-worst week of 2024
INDUSTRY NEWS JUN 24, 2024
Crypto cracks emerge as Bitcoin suffers second-worst week of 2024

Fed rates speculation is weakening cryptocurrency market sentiment.

Raymond James adds veteran advisor in Central Florida
BROKER DEALERS JUN 21, 2024
Raymond James adds veteran advisor in Central Florida

With more than 25 years’ experience, the newest addition to the broker-dealer’s employee advisor channel managed north of $250M at Ameriprise.

Fed finds chinks in Wall Street banks' living wills
REGULATION AND LEGISLATION JUN 21, 2024
Fed finds chinks in Wall Street banks' living wills

BofA, Citi, Goldman, and JPMorgan must take remedial action on "shortcomings" in wind-down plans, finds regulators.

Hollywood hits Park Avenue: InvestmentNews Award winners celebrate big night in NYC
RIAS JUN 21, 2024
Hollywood hits Park Avenue: InvestmentNews Award winners celebrate big night in NYC

Award winners from wealth management's biggest evening recount their experiences and explain what helped them to victory.

State Street Global Advisors names new COO
INDUSTRY NEWS JUN 21, 2024
State Street Global Advisors names new COO

The firm’s latest C-suite hire brings extensive tech leadership experience, including nearly a decade at Schwab.

Estate tech provider wealth.com launches family office suite
INDUSTRY NEWS JUN 21, 2024
Estate tech provider wealth.com launches family office suite

The digital estate planning firm has also tapped a Commonwealth Financial veteran to help strengthen its HNW and UHNW planning offerings.

Biden vs. Trump: market impacts of election previewed
INDUSTRY NEWS JUN 21, 2024
Biden vs. Trump: market impacts of election previewed

The upcoming elections are crucial as it may have critical effects on the global economy and the country’s foreign policy

SEC actions hint at looming "AI washing" crackdown
ESG JUN 21, 2024
SEC actions hint at looming "AI washing" crackdown

Recent moves against issuing firms and money managers show some parallels to the regulator's early crypto focus.

There were more RIAs in 2023 than ever before, but what does a typical firm look like?
RIAS JUN 21, 2024
There were more RIAs in 2023 than ever before, but what does a typical firm look like?

Investment Adviser Association report provides a snapshot of advisory firms.

Ameriprise welcomes $100M advisor to its branch channel 
INDUSTRY NEWS JUN 21, 2024
Ameriprise welcomes $100M advisor to its branch channel 

Former wirehouse employee says he is ready to expand his practice.

BofA says Nvidia drove $8.7B inflows to tech funds
INDUSTRY NEWS JUN 21, 2024
BofA says Nvidia drove $8.7B inflows to tech funds

But asset allocators are concerned about concentration.

Boost for bonds as European data suggests rate cuts
INDUSTRY NEWS JUN 21, 2024
Boost for bonds as European data suggests rate cuts

Traders are expecting the ECB to ease monetary policy.

Former Fed president Bullard is bullish on rate cuts
INDUSTRY NEWS JUN 21, 2024
Former Fed president Bullard is bullish on rate cuts

James Bullard says CPI data supports September easing.

Citi's wind-down plan doesn’t make the grade, says FDIC
INDUSTRY NEWS JUN 21, 2024
Citi's wind-down plan doesn’t make the grade, says FDIC

Regulator's board voted that the bank’s plan is deficient.

Revealed: 2024 InvestmentNews Awards winners
INDUSTRY NEWS JUN 21, 2024
Revealed: 2024 InvestmentNews Awards winners

Find out who took home the top prizes at the inaugural, red carpet, Hollywood-themed gala.

Investors and advisors continue to dump nontraded REITs
ALTERNATIVES JUN 20, 2024
Investors and advisors continue to dump nontraded REITs

Patience is rarely rewarded when it comes to redemptions of some nontraded REITs, one executive noted.

Carson deepens Northeast presence with Michigan-based independent
RIAS JUN 20, 2024
Carson deepens Northeast presence with Michigan-based independent

The firm has announced Avery Wealth, a $212M firm in Jackson, as the latest inductee to its national partner network.

Stifel taps ex-Merrill Lynch leader in continued growth push
BROKER DEALERS JUN 20, 2024
Stifel taps ex-Merrill Lynch leader in continued growth push

The broker-dealer giant’s new managing director is starting afresh after serving at the BofA wirehouse for 35 years.

The AI jobs threat is biggest for banking, says Citi
INDUSTRY NEWS JUN 20, 2024
The AI jobs threat is biggest for banking, says Citi

Some two-thirds of jobs across the sector could be automated or augmented by the technology.