Industry News

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RIAs showing increasing favor to ETFs for diversification, lower fees
NEWS RIAS MAR 13, 2025
RIAs showing increasing favor to ETFs for diversification, lower fees

Report highlights trends for $11T exchange-traded funds industry in US.

By Steve Randall
JPMorgan says equities rout may be ending, recession risk overplayed
NEWS INDUSTRY NEWS MAR 13, 2025
JPMorgan says equities rout may be ending, recession risk overplayed

Strategists believe strong ETF flows could stem correction.

By Bloomberg
What is the stagflation trade that is soaring right now?
NEWS INDUSTRY NEWS MAR 13, 2025
What is the stagflation trade that is soaring right now?

Goldman Sachs reveals one of its best performing strategies currently.

By Bloomberg
Gold could reach new $3,500 high, but when?
NEWS INDUSTRY NEWS MAR 13, 2025
Gold could reach new $3,500 high, but when?

Macquarie Group says haven asset is supported by several factors.

By Bloomberg
FTC signals focus on big tech as Microsoft probe goes ahead
NEWS INDUSTRY NEWS MAR 13, 2025
FTC signals focus on big tech as Microsoft probe goes ahead

Biden-era antitrust investigation focuses on firm's AI investments.

By Bloomberg
Weak-minded financial advice industry bids adieu to diversity work
NEWS OPINION MAR 12, 2025
Weak-minded financial advice industry bids adieu to diversity work

The wealth management business has fallen in line with President Trump's anti-DEI stance, and it’s appalling.

By Bruce Kelly
IWI announces changes to CPWA certification program
NEWS PRACTICE MANAGEMENT MAR 12, 2025
IWI announces changes to CPWA certification program

The Investments and Wealth Institute's updates – covering investor psychology family dynamics, and other areas – are set to roll out later this year.

By Leo Almazora
US budget gap hits $1.1T record in first five months of fiscal year
NEWS INDUSTRY NEWS MAR 12, 2025
US budget gap hits $1.1T record in first five months of fiscal year

The still-expanding deficit poses a potential wrinkle for efforts to extend and expand the 2017 Trump tax cut package.

By Bloomberg
Wall Street recruiters say market's meltdown not hurting hiring
NEWS PRACTICE MANAGEMENT MAR 12, 2025
Wall Street recruiters say market's meltdown not hurting hiring

Wall Street jobs have thus far not been impacted by the market's recent volatility. But there are some positions more in demand than others.

By Gregg Greenberg
B. Riley spins off investment bank.
NEWS BROKER DEALERS MAR 12, 2025
B. Riley spins off investment bank.

The share price of B. Riley financial has plummeted 78.5% over the past year.

By Bruce Kelly
Top economists see rising recession risks as Trump undermines trust in US
NEWS INDUSTRY NEWS MAR 12, 2025
Top economists see rising recession risks as Trump undermines trust in US

Two leading voices warn the president's disruptive policies could permanently damage America's "exorbitant privilege."

By Leo Almazora
The financial battle of the century: gold vs. bitcoin
NEWS ALTERNATIVES MAR 12, 2025
The financial battle of the century: gold vs. bitcoin

Gold has been the currency of choice for centuries. But some advisors see big opportunities with bitcoin – a relative newcomer – and have been diversifying portfolios with it.

By Gregg Greenberg
Inefficiencies mean opportunities
NEWS TAX MAR 12, 2025
Inefficiencies mean opportunities

The client comes first may be a cliché but it’s underappreciated, says Andrew Clinton, an expert in tax-exempt fixed-income solutions.

By Chris Davis
Mentorship can’t be a checkbox item
NEWS PRACTICE MANAGEMENT MAR 12, 2025
Mentorship can’t be a checkbox item

Making your people a priority can be the difference between your practice being a success or failure.

By Chris Davis
The fall of the star manager
NEWS FIXED INCOME MAR 12, 2025
The fall of the star manager

Western Asset Management Company has seen at least $120 billion leave since the SEC announced its investigation into Ken Leech. The instance highlights key-person risk that the asset management world has been trying to get away from.

By Emile Hallez
Edward Jones is going upmarket with new high-net-worth service
NEWS BROKER DEALERS MAR 12, 2025
Edward Jones is going upmarket with new high-net-worth service

The firm's new offering, targeted toward investors with at least $10 million, will put it head-to-head against some of Wall Street's biggest names.

By Leo Almazora
Capital Group enters active ETF model portfolio fray
NEWS ETFS MAR 12, 2025
Capital Group enters active ETF model portfolio fray

The world's largest active asset manager is jumping in as the rise of active exchange-traded funds drives a broader transformation of the model portfolio landscape.

By Leo Almazora
Inflation eases in February, offering some relief from tariff pain
NEWS INDUSTRY NEWS MAR 12, 2025
Inflation eases in February, offering some relief from tariff pain

A slowdown in the consumer price index gave a crucial read for consumers and Fed policymakers still in wait-and-see mode.

By Bloomberg
Active funds still struggling against passive peers, Morningstar says
NEWS ETFS MAR 12, 2025
Active funds still struggling against passive peers, Morningstar says

The firm's latest barometer report shows just two-fifths of stock-picking funds outperforming their index-based rivals in 2024, with even worse results over the past decade.

By Leo Almazora
Markets await US inflation data as trade war intensifies, Dalio cites 1930s Germany
NEWS INDUSTRY NEWS MAR 12, 2025
Markets await US inflation data as trade war intensifies, Dalio cites 1930s Germany

Veteran investor says neutral countries are set to benefit.

By Steve Randall