Industry News

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S&P 500 could lose 5% due to tariffs, Goldman strategist warns
NEWS EQUITIES FEB 03, 2025
S&P 500 could lose 5% due to tariffs, Goldman strategist warns

David Kostin isn't alone with Morgan Stanley, RBC experts also concerned.

By Bloomberg
Stagflation risk flattens Treasuries curve to 11-week low
NEWS FIXED INCOME FEB 03, 2025
Stagflation risk flattens Treasuries curve to 11-week low

Fears over tariff impact on US economy are increasing.

By Bloomberg
Why is Wall Street bullish on the greenback right now?
NEWS INDUSTRY NEWS FEB 03, 2025
Why is Wall Street bullish on the greenback right now?

Major firms are advising clients to buy the dollar.

By Bloomberg
Does Elon Musk now have access to sensitive Treasury Dept. data?
NEWS INDUSTRY NEWS FEB 03, 2025
Does Elon Musk now have access to sensitive Treasury Dept. data?

DOGE team has ordered payment shutdown to federal contractors.

By Bloomberg
Summit Financial and The Wealth Alliance unveil strategic growth partnerships
NEWS RIAS JAN 31, 2025
Summit Financial and The Wealth Alliance unveil strategic growth partnerships

RIA giant Summit is closing in on a $20 billion asset milestone, while the New York-based WA looks to extend its Eastern US ambitions.

By Leo Almazora
Advisor industry bands together for pass-through deduction parity
NEWS RIAS JAN 31, 2025
Advisor industry bands together for pass-through deduction parity

FSI, IAA, CFP Board, and other voices have coalesced to help even the playing field on taxes for independent financial professionals.

By Leo Almazora
Trump tariffs on China, Mexico, Canada to hit Saturday
NEWS INDUSTRY NEWS JAN 31, 2025
Trump tariffs on China, Mexico, Canada to hit Saturday

The White House rejected earlier reports that the president would stay his hand on the economic sanctions, which range from 10 percent to 25 percent.

By Bloomberg
Record prices forcing advisors to consider gold exposure
NEWS EQUITIES JAN 31, 2025
Record prices forcing advisors to consider gold exposure

The yellow metal is shining brightly, hitting new record highs and drawing interest from advisory clients.

By Gregg Greenberg
Fourth-quarter frenzy pushed RIA M&A to a record 2024, DeVoe says
NEWS RIAS JAN 31, 2025
Fourth-quarter frenzy pushed RIA M&A to a record 2024, DeVoe says

After a three-year plateau, momentum from declining interest rates and surging markets could drive steady increases in dealmaking.

By Leo Almazora
Leave 401(k)s alone, ICI report urges policymakers
NEWS RETIREMENT PLANNING JAN 31, 2025
Leave 401(k)s alone, ICI report urges policymakers

Investment Company Institute issues call to protect DC plans' tax perks and other benefits for American retirement savers.

By Leo Almazora
Bonds prevail after Trump's return drives topsy-turvy January
NEWS FIXED INCOME JAN 31, 2025
Bonds prevail after Trump's return drives topsy-turvy January

Treasuries closed the month on a positive note even as the second-term US president's efforts to reshape policy, including tariff threats, spurred turbulence.

By Bloomberg
Lenox, Matter Family Office announce C-suite updates
NEWS RIAS JAN 31, 2025
Lenox, Matter Family Office announce C-suite updates

The two firms are bolstering their ability to operate and engage clients with strategic leadership appointments.

By Leo Almazora
Combined Bitcoin, Ether ETF gets initial green light from SEC
NEWS ALTERNATIVES JAN 31, 2025
Combined Bitcoin, Ether ETF gets initial green light from SEC

Bitwise is one of several firms hoping to launch innovative new funds.

By Bloomberg
LPL, Raymond James report strong growth in last three months of 2024
NEWS BROKER DEALERS JAN 31, 2025
LPL, Raymond James report strong growth in last three months of 2024

Broker-dealers also optimistic that gains will be seen in current quarter.

By Steve Randall
Investor confidence in venture capital rises as dealmaking nears three-year high
NEWS INDUSTRY NEWS JAN 31, 2025
Investor confidence in venture capital rises as dealmaking nears three-year high

Fourth quarter of 2024 saw significant rise in deals, totaling $87.4B.

By Steve Randall
US stock futures gain amid Apple, Intel earnings
NEWS EQUITIES JAN 31, 2025
US stock futures gain amid Apple, Intel earnings

Tech stocks have had a volatile week.

By Bloomberg
Record high for gold as tariff fears drive havens
NEWS ALTERNATIVES JAN 31, 2025
Record high for gold as tariff fears drive havens

Bullion topped $2,800 per ounce briefly Friday.

By Bloomberg
Robinhood, Coinbase among Trump inauguration committee donors
NEWS INDUSTRY NEWS JAN 31, 2025
Robinhood, Coinbase among Trump inauguration committee donors

Crypto industry gave millions of dollars to supportive campaign.

By Bloomberg
Alts shops have their eyes on advisors
NEWS RIAS JAN 30, 2025
Alts shops have their eyes on advisors

An increasing proportion of alternatives, from fully liquid to illiquid, will be sold in the wealth management channel in the coming years, according to Fuse Research. Traditional asset managers are cranking out products, and PE firms are warming up to advisors.

By Emile Hallez
Alternative assets to gain share in client portfolios, say advisors
NEWS ALTERNATIVES JAN 30, 2025
Alternative assets to gain share in client portfolios, say advisors

A sizeable chunk of advisors in two polls show how digital assets and private market investments exposure could grow in the near term.

By Leo Almazora