Industry News

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LPL, RJA, Cetera add to their advisor headcounts
NEWS RIAS APR 16, 2025
LPL, RJA, Cetera add to their advisor headcounts

Raymond James, Morgan Stanley, Osaic lose advisors to rivals

By Steve Randall
Major firms announce triple partnership to extend retail investor choices
NEWS ALTERNATIVES APR 16, 2025
Major firms announce triple partnership to extend retail investor choices

Collaboration will power multi-asset investments in public and private markets

By Steve Randall
Bleakley, RBC notch billion-dollar recruitment wins
NEWS RIAS APR 16, 2025
Bleakley, RBC notch billion-dollar recruitment wins

Bleakley announces a double addition from Northwestern Mutual while RBC takes in an experienced advisor from US Bank.

By Leo Almazora
LPL names five new managing directors in exec shakeup
NEWS BROKER DEALERS APR 16, 2025
LPL names five new managing directors in exec shakeup

The broker-dealer giant has opened up a new management level, elevating several longtime leaders who've supported key pillars of its growth strategy.

By Leo Almazora
Stocks drop as Nvidia suffers US restrictions
NEWS INDUSTRY NEWS APR 16, 2025
Stocks drop as Nvidia suffers US restrictions

Tech stocks fall, dollar weakens, gold gains.

By Bloomberg
Trump weighs new sector specific tariffs
NEWS INDUSTRY NEWS APR 16, 2025
Trump weighs new sector specific tariffs

Critical minerals, niche metals are in the spotlight.

By Bloomberg
Biden warns over Social Security, slams Musk 'Ponzi scheme' comment
NEWS INDUSTRY NEWS APR 16, 2025
Biden warns over Social Security, slams Musk 'Ponzi scheme' comment

Former president says Trump administration is making people worried.

By Bloomberg
Zuckerberg defends Meta deals in $30B antitrust trial
NEWS INDUSTRY NEWS APR 16, 2025
Zuckerberg defends Meta deals in $30B antitrust trial

Social media chief tried to settle for a fraction of potential fine.

By Bloomberg
Elevation Point CEO Jim Dickson reaches for new heights – again!
NEWS RIAS APR 15, 2025
Elevation Point CEO Jim Dickson reaches for new heights – again!

Dickson discusses his post-Sanctuary startup.

By Gregg Greenberg
From Ivy League to 'state U': Are investors rethinking 529 strategies amid political pressure?
NEWS PRACTICE MANAGEMENT APR 15, 2025
From Ivy League to 'state U': Are investors rethinking 529 strategies amid political pressure?

Harvard defies the White House. Trump freezes billions. Advisors tell families: keep saving.

By Chris Davis
Latest salvo in Ameriprise, LPL trade war is charge of a data breach
NEWS BROKER DEALERS APR 15, 2025
Latest salvo in Ameriprise, LPL trade war is charge of a data breach

Ameriprise has targeted LPL in at least four complaints since January 2024, alleging its competitor had unfairly hired its financial advisors.

By Bruce Kelly
Does size matter? New tool gives valuable insight to RIA AUM stats
NEWS INDUSTRY NEWS APR 15, 2025
Does size matter? New tool gives valuable insight to RIA AUM stats

Would you like to see just how much your competitors are handling? Here's how to compare.

Fintech bytes: Wealth.com, PreciseFP ink integration partnerships
NEWS FINTECH APR 15, 2025
Fintech bytes: Wealth.com, PreciseFP ink integration partnerships

Advisor users who are also on the eMoney platform stand to benefit from the newly announced link-ups.

By Leo Almazora
As tax day comes, implications of Trump-era IRS remain murky
NEWS TAX APR 15, 2025
As tax day comes, implications of Trump-era IRS remain murky

With a leaner federal revenue agency, the system faces serious questions over the honesty of wealthy taxpayers, US debt, and getting clarity on complex tax situations.

By Bloomberg
Creative Planning lands $1B RIA as EP Wealth gets new turf in Kentucky
NEWS RIAS APR 15, 2025
Creative Planning lands $1B RIA as EP Wealth gets new turf in Kentucky

Peter Mallouk's giant RIA firm is strengthening its California presence, while $34 billion EP Wealth extends its Midwest market presence.

By Leo Almazora
Opal Wealth strengthens C-suite with veteran hire from Goldman
NEWS RIAS APR 15, 2025
Opal Wealth strengthens C-suite with veteran hire from Goldman

The New York-based indie RIA's new chief growth officer comes with a strong background building custodial platforms, including Goldman and Pershing.

By Leo Almazora
Advisors push back against tariff pessimism as trade war brews
NEWS EQUITIES APR 15, 2025
Advisors push back against tariff pessimism as trade war brews

Despite recession fears and market swings triggered by President Trump’s aggressive trade policies, some investment advisors are bullish on the potential impact of more favorable global trade terms for the U.S.

By Andrew Cohen
Markets offer relief but headwinds could emerge anytime
NEWS INDUSTRY NEWS APR 15, 2025
Markets offer relief but headwinds could emerge anytime

Monday's session was less frenetic by recent standards, but what next?

By Bloomberg
Risk premium on 10-year Treasuries at highest in a decade
NEWS INDUSTRY NEWS APR 15, 2025
Risk premium on 10-year Treasuries at highest in a decade

NY Fed data reflects potential investor confidence slump.

By Bloomberg
NEWS RETIREMENT PLANNING APR 15, 2025
Retirement can be hard enough without doing it alone, study reveals

Most lack the funds they need for a single person’s retirement journey

By Steve Randall