Fed officials see price pressures easing, but still cautious on rate cuts
Minutes from June policy meeting reveal central bank officials’ concerns around persistent inflation and slowing economic growth.
Advisor360 adds marketing capability with FMG integration
The strategic partnership promises to let advisors market themselves effectively across channels, with built-in tools and controls for home offices.
Merrill Lynch to reimburse customers $1.5 million over avoidable fees
Finra finds registered representatives at the wirehouse giant made unsuitable recommendations to over 1,300 clients across more than 2,000 accounts.
Nearly a fifth of Americans have no emergency savings, finds Empower
A quarter of survey respondents had to dip into their rainy-day funds as inflation, rising prices, and debt chip away at their finances.
$200M father-daughter team from Edward Jones makes a break for independence
The pair are launching their own multigenerational practice in Mississippi with support from LPL.
One-third of healthcare workers aren’t confident about retirement
Despite 91 percent being in a workplace savings plan, uncertainty over saving, debt, and other issues are making healthcare employees doubtful.
WisdomTree woos more advisors with portfolio solutions offering
The firm is doubling down on its $3.5B model portfolios business with a fresh push to help enhance investment advisors’ practices.
BNY names new global head of investments and wealth
The Nuveen alum with investment experience from TIAA, AIG, and Merrill Lynch is set to join as longtime leader lets go of the reins.
California becomes 26th state to enshrine high school personal finance education
Under landmark bill signed by Governor Newsom, passing a personal finance course will be a high school graduation requirement by 2031.
Wealth Enhancement Group gets another foothold in Texas
The national independent’s growth continues in the Lone Star State with a $254M RIA led by an experienced advisor duo.