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Industry News

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Topic

Going for gold? Silver is shining brighter

Investors are considering the '2nd place' metal as a good bet.

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Jefferies risk manager remembers red flags in Archegos trial

Failed Archegos CEO is on trial for alleged racketeering , fraud.

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JPMorgan Asset Management launches rare money market fund

Fund will buy only European government or sovereign-backed securities.

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Mercer Advisors names principal to lead M&A integration

The RIA giant is redoubling its inorganic growth focus as it elevates Martine Lellis to a newly created leadership role.

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B. Riley bouncing back after tough winter

'The wealth managers have been unbelievably supportive through all of this,' said Bryant Riley, the firm's chair and co-CEO.

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Cetera ratchets up advisor focus with key leadership hires

The RIA giant is tapping alums of LPL, Osaic, Commonwealth and TD Ameritrade in a ramped-up bid to support advisors’ evolving needs.

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Shakeup at Schwab as veteran leader Bernie Clark retires

The investing behemoth unveiled a slate of executive departures, including its longtime head of advisor services, as part of its succession planning strategy.

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Bond yield volatility requires new trading strategies

The market is riskier, but that can mean opportunity.

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UBS asset management leadership gets a refresh

The unit is undergoing streamlining, cost reductions.

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US inflation stats were accidentally released early

But did the mistake move the markets?

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White House wealth: Bidens’ assets and income revealed

Official documents also cover Kamala Harris, Doug Emhoff.

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Finra targets broker over WhatsApp misuse

The use of unmonitored messaging apps by financial advisors has been on the rise in the wake of the Covid-19 pandemic.

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Vanguard names former BlackRock exec as new CEO

The firm has announced the successor to Tim Buckley.

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New York RIA, founder to pay almost $1M to settle SEC conflict of interest charges

The firm advised clients to invest in films that its owner received payments for.

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Americans added $184B to debt mountain in Q1, serious delinquencies increased

New York Fed says maxed-out borrowers are struggling.

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US investment firm falls victim to crypto fraudsters

Funds are reportedly still missing from $1.7B firm's main hedge fund.

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IEA sees global oil demand softening

It's the second straight month that the outlook has been cut.

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Pimco helps Allianz to higher profit in Q1

Bond management unit posted best quarter in six years.

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Veteran leader Desiree Sii departs Osaic

'Does Osaic really need these redundancies in management,' asked one industry executive.

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Family offices have ‘dangerous gaps’ in risk management, report warns

Teams are facing multiple risks, but lack resources to keep on top of them.