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Acting IRS chief O'Donnel to step down this week
NEWS TAX FEB 25, 2025
Acting IRS chief O'Donnel to step down this week

The decision reported by inside sources extends the string of turbulent headlines coming out of the agency, which has some taxpayers asking urgent questions.

By Leo Almazora
10-year yield hits 2025 low on traders' revived rate-cut bets
NEWS FIXED INCOME FEB 25, 2025
10-year yield hits 2025 low on traders' revived rate-cut bets

Investors are growing confident of rate reductions amid an outlook for weaker US economy and Trump policy uncertainty.

By Bloomberg
From CPA to CEO
NEWS PRACTICE MANAGEMENT FEB 25, 2025
From CPA to CEO

Lido Advisors' Jason Ozur on keeping it all in the family office.

By Gregg Greenberg
Beacon Pointe, Bogart Wealth make key hires
NEWS RIAS FEB 25, 2025
Beacon Pointe, Bogart Wealth make key hires

Beacon Pointe's latest hire, an Ellevest alum, strengthens its female leadership while Bogart Wealth's founder and CEO gives the president role to an incoming veteran executive.

By Leo Almazora
Solow ends 15-year $5B run at Goldman for new role with Caprock
NEWS RIAS FEB 25, 2025
Solow ends 15-year $5B run at Goldman for new role with Caprock

Private wealth expert focuses on sports and entertainment clients.

By Steve Randall
Stewart to lead new 'midway' family office from Robertson Stephens
NEWS RIAS FEB 25, 2025
Stewart to lead new 'midway' family office from Robertson Stephens

Target clients are seeking something different from traditional offerings.

By Steve Randall
Trump insists Canada, Mexico tariffs are 'on time' for next month
NEWS INDUSTRY NEWS FEB 25, 2025
Trump insists Canada, Mexico tariffs are 'on time' for next month

But US official suggests uncertainty remains.

By Bloomberg
What's behind crypto selloff that's dragged bitcoin below $90K?
NEWS INDUSTRY NEWS FEB 25, 2025
What's behind crypto selloff that's dragged bitcoin below $90K?

Leading digital currency slides to lowest point since mid-November.

By Bloomberg
Can four new deputy CIOs stem $120B outflows at Wamco?
NEWS INDUSTRY NEWS FEB 25, 2025
Can four new deputy CIOs stem $120B outflows at Wamco?

Firm says it is 'recommitting to what's worked in the past',

By Bloomberg
Oil tariffs would cost every household $170, Goldman calculates
NEWS INDUSTRY NEWS FEB 25, 2025
Oil tariffs would cost every household $170, Goldman calculates

Strategists don't expect US production to be significantly lifted.

By Bloomberg
Gold hits new record as ETF flows surge
NEWS ALTERNATIVES FEB 24, 2025
Gold hits new record as ETF flows surge

The largest weekly inflow into spot gold ETFs since March 2022 came as investors wrestle with tariff threats and Fed policy pronouncements.

By Leo Almazora
Life is getting longer. But don't plan for most clients to make it to 100
NEWS RETIREMENT PLANNING FEB 24, 2025
Life is getting longer. But don't plan for most clients to make it to 100

Longevity is increasingly globally thanks to advances in medicine and technology. There are wild estimates about AI doubling average lifespans in short order, but there are factors that are also working against longevity.

By Emile Hallez
Our insurance AI is nicer than our agents, Allstate says
NEWS LIFE INSURANCE AND ANNUITIES FEB 24, 2025
Our insurance AI is nicer than our agents, Allstate says

The insurer claims its bots can be more empathetic than humans.

By Matthew Sellers
What wealth firms can do to elevate women in the workplace
NEWS PRACTICE MANAGEMENT FEB 24, 2025
What wealth firms can do to elevate women in the workplace

Kristi Vassak, managing partner and COO at Lenox Advisors, speaks out on the importance of humanity, standardization, and taking a thoughtful approach to mentorship.

By Leo Almazora
What history says about the fleeting fortunes of America's wealthiest families
NEWS PRACTICE MANAGEMENT FEB 24, 2025
What history says about the fleeting fortunes of America's wealthiest families

With new research offering a glimpse at how riches faded during a pivotal period, is it time to give the "third-generation curse" a second look?

By Leo Almazora
Bessent, congressional Republicans kickstarting tax cut talks
NEWS TAX FEB 24, 2025
Bessent, congressional Republicans kickstarting tax cut talks

House legislators are set to approve a mammoth budget that requires $2 trillion in spending cuts to clear room for a tax cut package by the end of the year.

By Bloomberg
LPL keeps spending big to recruit, attract advisors
NEWS BROKER DEALERS FEB 24, 2025
LPL keeps spending big to recruit, attract advisors

The company last week reported a 57 percent increase in loans made to advisors in 2024.

By Bruce Kelly
Allspring to shut down alternative equity strategies
NEWS MUTUAL FUNDS FEB 24, 2025
Allspring to shut down alternative equity strategies

Fund managers like Allspring Global Investments for years have been facing competitive pressure from low fee exchange-traded funds and indexed mutual funds.

By Bruce Kelly
Microsoft, Alibaba rocked as investors weigh their AI investments
NEWS EQUITIES FEB 24, 2025
Microsoft, Alibaba rocked as investors weigh their AI investments

The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares plunged on news of its $52 billion spending pledge.

By Leo Almazora
One in two voters worried about retirement and finances, finds BlackRock
NEWS RETIREMENT PLANNING FEB 24, 2025
One in two voters worried about retirement and finances, finds BlackRock

One-third of poll respondents report no retirement savings and expect to need $2 million on average, highlighting bipartisan importance of financial security.

By Leo Almazora