Industry News

Displaying 35348 results
5-year record surge for US stocks as Trump presses pause on some tariffs
NEWS EQUITIES APR 09, 2025
5-year record surge for US stocks as Trump presses pause on some tariffs

Long-awaited "Trump put" offers markets relief as S&P 500, Nasdaq, and Dow Jones indexes soar.

By Bloomberg
Envestnet unveils portfolio partnerships with BlackRock, State Street
NEWS FINTECH APR 09, 2025
Envestnet unveils portfolio partnerships with BlackRock, State Street

The latest platform integrations aim to streamline direct indexing and custom model delivery for the wealth tech giant's RIA users.

By Leo Almazora
Raymond James announces leadership shakeup to boost advisor support
NEWS BROKER DEALERS APR 09, 2025
Raymond James announces leadership shakeup to boost advisor support

The latest appointments feature a strategic succession in its asset management division and one promotion to a newly created practice management role.

By Leo Almazora
LPL, NorthRock partners announce advisor additions
NEWS BROKER DEALERS APR 09, 2025
LPL, NorthRock partners announce advisor additions

LPL is expanding its footprint in Idaho as one of its veteran advisor affiliates starts afresh in Illinois.

By Leo Almazora
Recession 'likely outcome' of tariff turbulence, Dimon says
NEWS EQUITIES APR 09, 2025
Recession 'likely outcome' of tariff turbulence, Dimon says

The crisis-hardened CEO of JPMorgan is urging the administration to mollify markets by showing progress on trade deals.

By Bloomberg
Too late to U-turn as Trump tariffs go live
NEWS INDUSTRY NEWS APR 09, 2025
Too late to U-turn as Trump tariffs go live

For now, the trade war is underway and it's set to be messy.

By Bloomberg
Treasuries suffer sharp 'fire sale' sell-off
NEWS INDUSTRY NEWS APR 09, 2025
Treasuries suffer sharp 'fire sale' sell-off

Could Chinese government be dumping US debt in retaliation for tariffs?

By Bloomberg
Why millions may be unable to access $730B home equity 'safety net'
NEWS INDUSTRY NEWS APR 09, 2025
Why millions may be unable to access $730B home equity 'safety net'

Housing wealth has surged but report warns it may not be easy to use it.

By Bloomberg
Markets remain in turmoil as tariffs kick in following global wipe out
NEWS INDUSTRY NEWS APR 09, 2025
Markets remain in turmoil as tariffs kick in following global wipe out

Wednesday is set to bring more volatility and there may be more tariffs to come

By Steve Randall
What percentage of Americans think the income tax they pay is fair?
NEWS TAX APR 08, 2025
What percentage of Americans think the income tax they pay is fair?

Spoiler alert: It’s the lowest share in 25 years, new report reveals

By Steve Randall
Can you 'buy the dip' in RIA M&A?
NEWS RIAS APR 08, 2025
Can you 'buy the dip' in RIA M&A?

Lido Advisors' Ken Stern shares his 'opportunistic' M&A mindset on potential dropping RIA valuations amid Trump's tariff-triggered volatility.

By Andrew Cohen
Modern Wealth, Aspen Standard announce acquisitions
NEWS RIAS APR 08, 2025
Modern Wealth, Aspen Standard announce acquisitions

Deals add seven-figure AUMs to the acquiring firms

By Steve Randall
Markets whiplash after fake tariff post goes viral, exposing cracks in modern finance
NEWS EQUITIES APR 08, 2025
Markets whiplash after fake tariff post goes viral, exposing cracks in modern finance

In today's world, every headline is false until proven true, says CEO of XML Financial Group.

By Chris Davis
Stocks slide anew as US-China tariff standoff dashes traders' hopes
NEWS EQUITIES APR 08, 2025
Stocks slide anew as US-China tariff standoff dashes traders' hopes

The S&P 500 was left on the brink of a 20 percent drop, with Wall Street strategists continuing to issue bearish outlooks.

By Bloomberg
Celebrating Financial Literacy Month despite the market's meltdown
NEWS PRACTICE MANAGEMENT APR 08, 2025
Celebrating Financial Literacy Month despite the market's meltdown

April remains Financial Literacy Month no matter the correction in stocks. Advisors discuss how financial education is vital, especially in preparation for times like these.

By Gregg Greenberg
Retirees are wired to not touch their nest eggs, research suggests
NEWS RETIREMENT PLANNING APR 08, 2025
Retirees are wired to not touch their nest eggs, research suggests

New data show retirees reluctant to draw from savings, opting instead to spend predictable income streams like Social Security and pensions.

By Leo Almazora
Bluespring, Crescent Grove bolster leadership ranks amid strategic growth efforts
NEWS RIAS APR 08, 2025
Bluespring, Crescent Grove bolster leadership ranks amid strategic growth efforts

The firms have separately and strategically brought on LPL and Fidelity veterans to drive growth, deepen advisor support, and expand client reach.

By Leo Almazora
Osaic snaps-up $450M NoxNumis in Kansas
NEWS RIAS APR 08, 2025
Osaic snaps-up $450M NoxNumis in Kansas

Wichita advisory firm becomes latest to join Osaic's growing national network of independent wealth managers.

By Leo Almazora
Carson Group strikes latest buyout deal in Marquette, Michigan
NEWS RIAS APR 08, 2025
Carson Group strikes latest buyout deal in Marquette, Michigan

The Omaha-based RIA's strategy of supportive partnership continues with a new wholly owned $314 million Carson Wealth location.

By Leo Almazora
Fed watchers expect no intervention for now as tariff detox continues
NEWS INDUSTRY NEWS APR 08, 2025
Fed watchers expect no intervention for now as tariff detox continues

Prominent strategists say ongoing inflationary pressure hamstring's central bank's ability to support convulsing markets.

By Bloomberg