Industry News

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Controversial 'billionaires bill' on PE closes to becoming law
NEWS ALTERNATIVES MAR 26, 2025
Controversial 'billionaires bill' on PE closes to becoming law

Critics of Musk-backed bill say it will weaken investor protections.

By Bloomberg
Americans' affordability concerns cut across all income levels: Equitable
NEWS INDUSTRY NEWS MAR 25, 2025
Americans' affordability concerns cut across all income levels: Equitable

Four-fifths of quarterly survey respondents are worried about the costs of living, with inflation emerging as the top financial pain point.

By Leo Almazora
Wells Fargo keep hiring senior executives for its RIA business
NEWS RIAS MAR 25, 2025
Wells Fargo keep hiring senior executives for its RIA business

The financial advice industry has waited for years to see if the wirehouse would embrace RIAs.

By Bruce Kelly
Sen. Elizabeth Warren presses Trump SEC Chair nominee Atkins ahead of confirmation hearing
NEWS REGULATION AND LEGISLATION MAR 25, 2025
Sen. Elizabeth Warren presses Trump SEC Chair nominee Atkins ahead of confirmation hearing

Paul Atkins pledges to address potential conflicts as the Democratic firebrand's open letter, along with filings around his financial interests, raises questions.

By Leo Almazora
Should advisors be preparing for next week's 'Liberation Day'?
NEWS PRACTICE MANAGEMENT MAR 25, 2025
Should advisors be preparing for next week's 'Liberation Day'?

President Trump dubbed April 2 as 'Liberation Day' when all his tariff plans will be revealed. Advisors offer their views on the market's latest make-or-break date.

By Gregg Greenberg
Trump's Social Security pick vows to protect agency from DOGE
NEWS RETIREMENT PLANNING MAR 25, 2025
Trump's Social Security pick vows to protect agency from DOGE

Fintech exec and JPMorgan alum Frank Bisignano dismisses privatization talk, commits to "meet beneficiaries where they want to be met."

By Bloomberg
CW Advisors, Waverly unveil Northeast acquisitions
NEWS RIAS MAR 25, 2025
CW Advisors, Waverly unveil Northeast acquisitions

Double deal pushes CW Advisors past the $12 billion barrier as Waverly debuts in the Maryland and Virginia markets.

By Leo Almazora
Majority of polled financial pros agree annuities make client relationships stickier
NEWS RETIREMENT PLANNING MAR 25, 2025
Majority of polled financial pros agree annuities make client relationships stickier

Market volatility, product complexity, and rampant misinformation all drive the case for advisors helping clients get much-needed lifetime income.

By Leo Almazora
Wall Street strategists say the worst is over on stock selloff
NEWS EQUITIES MAR 25, 2025
Wall Street strategists say the worst is over on stock selloff

Analysts at JPMorgan and Morgan Stanley point to seasonal factors and investor sentiment as they forecast a period of calm.

By Bloomberg
Wealth firms still going for growth amid market disruption, Natixis finds
NEWS RIAS MAR 25, 2025
Wealth firms still going for growth amid market disruption, Natixis finds

Poll of firms across RIAs, wirehouses, and private banks offers fresh insights around ETFs, alternative investments, and AI adoption.

By Leo Almazora
Former Morgan Stanley breakaway family joins Commonwealth
NEWS RIAS MAR 25, 2025
Former Morgan Stanley breakaway family joins Commonwealth

Founder of $213M AUM firm says wirehouse advisors should take the leap.

By Steve Randall
Almost one third of financial firms embrace AI for communications compliance
NEWS INDUSTRY NEWS MAR 25, 2025
Almost one third of financial firms embrace AI for communications compliance

Report highlights concern amid $8B SEC fines in 2024.

By Steve Randall
Trump invents new kind of tariffs as trade war escalates
NEWS INDUSTRY NEWS MAR 25, 2025
Trump invents new kind of tariffs as trade war escalates

Levies will punish those that buy oil from Venezuela.

By Bloomberg
Fed will likely only cut once this year, says Bostic
NEWS INDUSTRY NEWS MAR 25, 2025
Fed will likely only cut once this year, says Bostic

Atlanta Fed president says tariffs will derail inflation progress.

By Bloomberg
Why Cathie Wood is bullish on Tesla, predicts 10x rise over five years
NEWS INDUSTRY NEWS MAR 25, 2025
Why Cathie Wood is bullish on Tesla, predicts 10x rise over five years

Seasoned investor believes robo taxis will be the company's game changer.

By Bloomberg
EToro seeks listing on Nasdaq as IPO filing shows sharp revenue rise
NEWS INDUSTRY NEWS MAR 25, 2025
EToro seeks listing on Nasdaq as IPO filing shows sharp revenue rise

Trading platform generated most 2024 revenue from cryptos.

By Bloomberg
Judge accused of bias in discrimination case by ex-life insurance employee
NEWS REGULATION AND LEGISLATION MAR 24, 2025
Judge accused of bias in discrimination case by ex-life insurance employee

My employer was biased – and the judge and magistrate are being unfair says ex-employee

By Matthew Sellers
Best yet to come for ETFs as investors navigate global uncertainty: BBH
NEWS ETFS MAR 24, 2025
Best yet to come for ETFs as investors navigate global uncertainty: BBH

Global survey reveals tailwinds for active ETFs and alternative strategies, plus a turning point in cost-conscious investing.

By Leo Almazora
Nominations for the first-ever 5-Star RIA Firms 2025 now open
NEWS INDUSTRY NEWS MAR 24, 2025
Nominations for the first-ever 5-Star RIA Firms 2025 now open

InvestmentNews begins its inaugural search for the top wealth managers in the industry.

By InvestmentNews
Finra hits RIA buyer NewEdge with $1 million penalty over Muni bond trades
NEWS RIAS MAR 24, 2025
Finra hits RIA buyer NewEdge with $1 million penalty over Muni bond trades

The market for municipal bonds is notorious for being opaque and filled with difficult to price securities.

By Bruce Kelly