Industry News

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Record US corporate bond sale means sweet $26B for candy firm
NEWS INDUSTRY NEWS MAR 06, 2025
Record US corporate bond sale means sweet $26B for candy firm

Final orders were a record $114B while sale is 2025's biggest so far.

By Bloomberg
Why the US earnings outlook is souring, as other regions gain
NEWS INDUSTRY NEWS MAR 06, 2025
Why the US earnings outlook is souring, as other regions gain

Strong dollar, economic uncertainty are weighing on corporate America.

By Bloomberg
How Berkshire Hathaway is inspiring Wall Street wannabes
NEWS INDUSTRY NEWS MAR 06, 2025
How Berkshire Hathaway is inspiring Wall Street wannabes

Warren Buffet's conglomerate is a coveted model.

By Bloomberg
Further trans-Atlantic tension as US pushes back on ESG
NEWS INDUSTRY NEWS MAR 06, 2025
Further trans-Atlantic tension as US pushes back on ESG

Europe's proposed changes to rules add another potential flashpoint.

By Bloomberg
Eighty-four percent of women not confident managing an inheritance or windfall, finds survey
NEWS INDUSTRY NEWS MAR 05, 2025
Eighty-four percent of women not confident managing an inheritance or windfall, finds survey

Poll of more than 1,500 Americans highlights how demographic gaps in investing and estate planning create an opportunity for advisors.

By Leo Almazora
Choreo sues Compound Planning, claims it poached $1.2B Iowa advisor team
NEWS RIAS MAR 05, 2025
Choreo sues Compound Planning, claims it poached $1.2B Iowa advisor team

A lawsuit alleges advisors solicited clients and violated employee agreements, while accusing Compound of unfair recruitment practices.

By Leo Almazora
Treasury yields descend toward year’s lows on tariff angst
NEWS FIXED INCOME MAR 05, 2025
Treasury yields descend toward year’s lows on tariff angst

Bullish picture emerges for Treasuries as investor focus pivots from inflationary risks to outright negative economic consequences.

By Bloomberg
Looking to the future: Financial advisors name their favorite AI programs
NEWS TECHNOLOGY MAR 05, 2025
Looking to the future: Financial advisors name their favorite AI programs

A new study shows increasing use of AI in the financial advisory industry.

By Gregg Greenberg
Advisor360, Practifi, Wealthbox unveil advisor CRM updates
NEWS FINTECH MAR 05, 2025
Advisor360, Practifi, Wealthbox unveil advisor CRM updates

Wealth tech providers unveil stand-alone platform, AI strategy, and integration partnership to support demand for productivity and personalization.

By Leo Almazora
GPB paid convicted top executives legal fees of $75M
NEWS ALTERNATIVES MAR 05, 2025
GPB paid convicted top executives legal fees of $75M

And GPB founder David Gentile and ex-broker-dealer chief Jeff Schneider want the company to continue paying legal expenses.

By Bruce Kelly
$560B Mariner touts succession focus with $730M Ocean Heights Advisors
NEWS RIAS MAR 05, 2025
$560B Mariner touts succession focus with $730M Ocean Heights Advisors

The PE-backed mega-RIA highlights its California-based partner firm's strategic transition as a model for advisors seeking long-term business continuity.

By Leo Almazora
Fixed income ETFs set record pace in February with $42B inflows
NEWS ETFS MAR 05, 2025
Fixed income ETFs set record pace in February with $42B inflows

State Street Global Advisors sees robust demand for bond strategies as sector funds, notably tech ETFs, fall out of favor.

By Leo Almazora
Wall Street banks see recession risks flashing in the markets
NEWS EQUITIES MAR 05, 2025
Wall Street banks see recession risks flashing in the markets

Models from JPMorgan and Goldman show odds of a downturn edging up, echoing a view held by a small but growing group of bearish prognosticators.

By Bloomberg
Target-date fund assets surge to $3.97 trillion in 2024 as CITs overtake mutual funds
NEWS RETIREMENT PLANNING MAR 05, 2025
Target-date fund assets surge to $3.97 trillion in 2024 as CITs overtake mutual funds

Retirement industry research report shows ongoing dominance of Vanguard, with BlackRock coming out strong with its paycheck-for-life offering.

By Leo Almazora
Liz Miller on leading wealth management’s future
NEWS WOMEN ADVISOR COMMUNITY MAR 05, 2025
Liz Miller on leading wealth management’s future

Hot List honoree Liz Miller shares insights on leadership, holistic planning, and industry change.

Mega RIA adds $1.4B firm, digital family office gains $1.2B advisor team
NEWS RIAS MAR 05, 2025
Mega RIA adds $1.4B firm, digital family office gains $1.2B advisor team

Two big-buck advisor moves announced as teams seek fresh approaches.

By Steve Randall
Wall Street banks avoid court battle as toothless CFPB withdraws lawsuit
NEWS REGULATION AND LEGISLATION MAR 05, 2025
Wall Street banks avoid court battle as toothless CFPB withdraws lawsuit

The agency is fighting for its existence having been forced to pause operations.

By Steve Randall
Trump warns of economic disturbance but 'it won't be much'
NEWS INDUSTRY NEWS MAR 05, 2025
Trump warns of economic disturbance but 'it won't be much'

President says tariffs will raise 'trillions and trillions' in revenue.

By Bloomberg
Growth risks for US economy, potential for 'Trumpcession'
NEWS INDUSTRY NEWS MAR 05, 2025
Growth risks for US economy, potential for 'Trumpcession'

Trade wars are making investors nervous for what may be to come.

By Bloomberg
Reddit's billionaire co-founder Ohanian wants TikTok US
NEWS INDUSTRY NEWS MAR 05, 2025
Reddit's billionaire co-founder Ohanian wants TikTok US

He'll join a group of investors led by Frank McCourt for the bid.

By Bloomberg