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Washington-based advisor claims another win in non-compete battle vs. Hightower
NEWS RIAS APR 04, 2025
Washington-based advisor claims another win in non-compete battle vs. Hightower

Arbitrators rule non-compete clause was unenforceable as Bellevue advisor Lars Knudsen speaks out against "vindictive behavior."

By Leo Almazora
US equities downgraded by UBS with year-end target slashed
NEWS INDUSTRY NEWS APR 04, 2025
US equities downgraded by UBS with year-end target slashed

Asset manager cites impact of tariffs on US, global economies.

By Bloomberg
Trump could cut tariffs if countries make 'phenomenal' offers
NEWS INDUSTRY NEWS APR 04, 2025
Trump could cut tariffs if countries make 'phenomenal' offers

Negotiation potential has been boosted by tariffs, Trump says.

By Bloomberg
Why investors are dumping US junk corporate bonds
NEWS INDUSTRY NEWS APR 04, 2025
Why investors are dumping US junk corporate bonds

It's the worst rout for the market in five years.

By Bloomberg
Things just keep getting worse for Tesla
NEWS INDUSTRY NEWS APR 04, 2025
Things just keep getting worse for Tesla

'Unprecedented brand damage' weakens earnings estimate.

By Bloomberg
Cerity Partners expands again with its second acquisition of the week
NEWS INDUSTRY NEWS APR 04, 2025
Cerity Partners expands again with its second acquisition of the week

The RIA firm has added another 27 employees to its growing headcount

By Steve Randall
S&P 500 loses $2.5T in one ‘tariffying’ day while economists raise recession odds
NEWS INDUSTRY NEWS APR 04, 2025
S&P 500 loses $2.5T in one ‘tariffying’ day while economists raise recession odds

JPMorgan chief economist says policy is essentially largest tax hike in 57 years

By Steve Randall
Star advisors describe their rises from modest means
NEWS PRACTICE MANAGEMENT APR 03, 2025
Star advisors describe their rises from modest means

Financial advisors that rose from humble upbringings to run successful wealth management firms recount their stories.

By Gregg Greenberg
Commonwealth clocks big win in battle with SEC over revenue sharing
NEWS BROKER DEALERS APR 03, 2025
Commonwealth clocks big win in battle with SEC over revenue sharing

It’s been a tumultuous week for Commonwealth Financial Network, a leading independent broker-dealer.

By Bruce Kelly
Fed's Cook, Jefferson counsel vigilance amid continued uncertainty
NEWS INDUSTRY NEWS APR 03, 2025
Fed's Cook, Jefferson counsel vigilance amid continued uncertainty

With inflation and growth facing crosscurrents, the Federal Reserve leaders are favoring a data-dependent stance.

By Leo Almazora
CEO calls private equity in RIAs a 'mixed bag' amid M&A surge
NEWS RIAS APR 03, 2025
CEO calls private equity in RIAs a 'mixed bag' amid M&A surge

"Sometimes their time horizons are shorter than maybe the management team's time horizons, so those things can come into conflict."

By Andrew Cohen
Apple freefalls as Trump tariffs tear up supply lines
NEWS EQUITIES APR 03, 2025
Apple freefalls as Trump tariffs tear up supply lines

The iPhone maker suffered its worst single-day decline since 2020 as major suppliers in China, Vietnam, and India get caught in the economic crossfire.

By Leo Almazora
Retail traders rush to snap up tariff-shocked tech stocks
NEWS EQUITIES APR 03, 2025
Retail traders rush to snap up tariff-shocked tech stocks

Dip-buying frenzy comes even as broader pessimistic sentiment persists among individual investors.

By Bloomberg
ETF inflows hit Q1 record as investors seek shelter
NEWS ETFS APR 03, 2025
ETF inflows hit Q1 record as investors seek shelter

Investors pour into gold, bonds, and value funds as equity volatility and trade tensions reshape portfolios.

By Leo Almazora
Savvy surpasses $1.5B milestone, expanding team to 50 advisors
NEWS RIAS APR 03, 2025
Savvy surpasses $1.5B milestone, expanding team to 50 advisors

Newest additions from firms including Morgan Stanley, Farther, and Valeo come as firm stresses tech-enabled independence.

By Leo Almazora
US stocks plummet as tariffs wreak havoc
NEWS EQUITIES APR 03, 2025
US stocks plummet as tariffs wreak havoc

Major indices hit by selloff in morning trading.

By Chris Davis
Waverly expands in Boston as First Manhattan adds $500M RIA
NEWS RIAS APR 03, 2025
Waverly expands in Boston as First Manhattan adds $500M RIA

Waverly is making its debut in Massachusetts as the $34 billion New York-based independent onboards an experienced veteran.

By Leo Almazora
Brandon Zureick: Leading fixed income with discipline and vision
NEWS INDUSTRY NEWS APR 03, 2025
Brandon Zureick: Leading fixed income with discipline and vision

Meet a 2024 Rising Star shaping fixed income strategy with expertise, discipline, and innovation.

By InvestmentNews
How are commodities impacted by new tariffs?
NEWS INDUSTRY NEWS APR 03, 2025
How are commodities impacted by new tariffs?

With global trade upended, demand may crumble for some materials.

By Bloomberg
Precious metals' tariff exemption halts gold rush
NEWS INDUSTRY NEWS APR 03, 2025
Precious metals' tariff exemption halts gold rush

Traders have been rushing to get gold, silver into US for months.

By Bloomberg