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Former AssetMark CEO Ahluwalia joins Hightower as president
NEWS RIAS APR 02, 2024
Former AssetMark CEO Ahluwalia joins Hightower as president

RIAs should have ‘quality leadership teams,’ says Hightower CEO Bob Oros.

By Josh Welsh
Record-high down payment, six-figure salary: US homebuying essentials
NEWS INDUSTRY NEWS APR 02, 2024
Record-high down payment, six-figure salary: US homebuying essentials

Those who want to invest in residential real estate face significant barriers.

By Steve Randall
Oil at six-month high of $85, WTI up 1.6%
NEWS INDUSTRY NEWS APR 02, 2024
Oil at six-month high of $85, WTI up 1.6%

OPEC+ production cuts and strong demand have tightened the market.

By Bloomberg
Home insurance premiums heading still higher
NEWS LIFE INSURANCE AND ANNUITIES APR 01, 2024
Home insurance premiums heading still higher

The average premium for homeowners insurance is expected to rise 6 percent this year, following an increase of roughly 20 percent over the past two years, amid intensifying natural disasters.

By Bloomberg
Fidelity unveils next-gen campaigns in fight for financial literacy
NEWS INDUSTRY NEWS APR 01, 2024
Fidelity unveils next-gen campaigns in fight for financial literacy

The company is drafting its 74,000-plus army of associates to raise the bar on middle school and high school financial education.

By Leo Almazora
Stocks rise as US inflation data still suggest rate cuts
NEWS EQUITIES APR 01, 2024
Stocks rise as US inflation data still suggest rate cuts

As rise in key measure cools, investors bet Fed will cut this year.

By Bloomberg
World Bank warns of slowdown for APAC economies
NEWS INDUSTRY NEWS APR 01, 2024
World Bank warns of slowdown for APAC economies

China is among the economies where GDP is expected to weaken.

By Bloomberg
A firm designed for the digital age
NEWS WOMEN ADVISOR COMMUNITY MAR 29, 2024
A firm designed for the digital age

Virtual meetings have personalized relationships with clients, says Rianka Dorsainvil, co-founder of 2050 Wealth Partners.

By Emily Douglas
‘In my ethos, it’s about … how you impact the world’
NEWS RIAS MAR 29, 2024
‘In my ethos, it’s about … how you impact the world’

An attorney by background, Grant Rawdin says a dedication to the client’s best interests is at the heart of what he does.

By Emily Douglas
Cetera bolsters credit union commitment with new council
NEWS INDUSTRY NEWS MAR 28, 2024
Cetera bolsters credit union commitment with new council

Seven founding members from Cetera’s credit union partners are coming together in a forum to improve wealth offerings in the sector.

By Leo Almazora
Omaha senior loses thousands to Dave Ramsey impostor
NEWS INDUSTRY NEWS MAR 28, 2024
Omaha senior loses thousands to Dave Ramsey impostor

A scammer lured the 72-year-old into a fraudulent bitcoin investment by spoofing the advisor-cum-radio show host’s website.

By Leo Almazora
Bankman-Fried gets 25 years in prison for FTX fraud
NEWS REGULATION AND LEGISLATION MAR 28, 2024
Bankman-Fried gets 25 years in prison for FTX fraud

'There is a risk that this man will be in a position to do something very bad in the future,' the judge says. 'And it’s not a trivial risk. Not a trivial risk at all.'

By Bloomberg
AI is facilitating financial fraud, Treasury warns
NEWS REGULATION AND LEGISLATION MAR 28, 2024
AI is facilitating financial fraud, Treasury warns

Advances in artificial intelligence make it easier for criminals to impersonate customers and craft increasingly sophisticated email phishing attacks, according to a report.

By Bloomberg
US investors still willing to trade returns for impact despite declining interest
NEWS INDUSTRY NEWS MAR 28, 2024
US investors still willing to trade returns for impact despite declining interest

Impact investing is showing weakness in international markets too.

By Steve Randall
Altruist launches high-yield cash product for advisors
NEWS INDUSTRY NEWS MAR 28, 2024
Altruist launches high-yield cash product for advisors

The new product arrives as saving rates and returns are subdued.

By Steve Randall
New records for stocks as quarterly gain approaches
NEWS INDUSTRY NEWS MAR 28, 2024
New records for stocks as quarterly gain approaches

Global equities advance but markets await Fed inflation data.

By Bloomberg
No rush to cut rates, says hawkish Fed governor
NEWS INDUSTRY NEWS MAR 28, 2024
No rush to cut rates, says hawkish Fed governor

Christopher Waller says recent inflation data have been disappointing.

By Bloomberg
Blackstone CEO bullish on private credit
NEWS INDUSTRY NEWS MAR 28, 2024
Blackstone CEO bullish on private credit

Steve Schwarzman eyes healthcare, real estate for expansion.

By Bloomberg
Women and CPAs are in focus at RIA Choreo
NEWS RIAS MAR 27, 2024
Women and CPAs are in focus at RIA Choreo

"It's smart to align with a proven center of influence, CPAs," an industry consultant says.

By Bruce Kelly
Two-thirds of US savers are leaving interest on the table
NEWS INDUSTRY NEWS MAR 27, 2024
Two-thirds of US savers are leaving interest on the table

Despite the proliferation of high-yield savings accounts online, Bankrate survey reveals most Americans are earning less than 4%.

By Leo Almazora