Industry News

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Savvy Wealth builds legal foundation with former Pathstone general counsel
NEWS RIAS APR 16, 2025
Savvy Wealth builds legal foundation with former Pathstone general counsel

The tech-forward advisor platform's newest RIA division hire also has experience from LPL and JPMorgan.

By Leo Almazora
Retirement account swings keeping advisors busy soothing client nerves
NEWS RETIREMENT PLANNING APR 16, 2025
Retirement account swings keeping advisors busy soothing client nerves

Advisors offer tips on how to keep investors from constantly checking their retirement accounts and making rash portfolio moves.

By Gregg Greenberg
Chipmakers lead tech stock dip on Trump's China curbs
NEWS EQUITIES APR 16, 2025
Chipmakers lead tech stock dip on Trump's China curbs

Analysts sound the alarm as Nvidia and AMD both take a hit from the administration's new export restrictions.

By Bloomberg
Raymond James' offer is "no brainer" over LPL, says Commonwealth advisor
NEWS BROKER DEALERS APR 16, 2025
Raymond James' offer is "no brainer" over LPL, says Commonwealth advisor

Advisor feels widespread sense of “betrayal” amongst the 2,900 Commonwealth advisors set to move to LPL.

By Andrew Cohen
"Extreme outcomes… are no longer unthinkable" – Capital Economics
NEWS INDUSTRY NEWS APR 16, 2025
"Extreme outcomes… are no longer unthinkable" – Capital Economics

As dollar tanks, alarm bells ring amid comparison to UK meltdown in 2022 – and that’s not exactly a ringing endorsement.

By Matthew Sellers
LPL, RJA, Cetera add to their advisor headcounts
NEWS RIAS APR 16, 2025
LPL, RJA, Cetera add to their advisor headcounts

Raymond James, Morgan Stanley, Osaic lose advisors to rivals

By Steve Randall
Major firms announce triple partnership to extend retail investor choices
NEWS ALTERNATIVES APR 16, 2025
Major firms announce triple partnership to extend retail investor choices

Collaboration will power multi-asset investments in public and private markets

By Steve Randall
Bleakley, RBC notch billion-dollar recruitment wins
NEWS RIAS APR 16, 2025
Bleakley, RBC notch billion-dollar recruitment wins

Bleakley announces a double addition from Northwestern Mutual while RBC takes in an experienced advisor from US Bank.

By Leo Almazora
LPL names five new managing directors in exec shakeup
NEWS BROKER DEALERS APR 16, 2025
LPL names five new managing directors in exec shakeup

The broker-dealer giant has opened up a new management level, elevating several longtime leaders who've supported key pillars of its growth strategy.

By Leo Almazora
Stocks drop as Nvidia suffers US restrictions
NEWS INDUSTRY NEWS APR 16, 2025
Stocks drop as Nvidia suffers US restrictions

Tech stocks fall, dollar weakens, gold gains.

By Bloomberg
Trump weighs new sector specific tariffs
NEWS INDUSTRY NEWS APR 16, 2025
Trump weighs new sector specific tariffs

Critical minerals, niche metals are in the spotlight.

By Bloomberg
Biden warns over Social Security, slams Musk 'Ponzi scheme' comment
NEWS INDUSTRY NEWS APR 16, 2025
Biden warns over Social Security, slams Musk 'Ponzi scheme' comment

Former president says Trump administration is making people worried.

By Bloomberg
Zuckerberg defends Meta deals in $30B antitrust trial
NEWS INDUSTRY NEWS APR 16, 2025
Zuckerberg defends Meta deals in $30B antitrust trial

Social media chief tried to settle for a fraction of potential fine.

By Bloomberg
Elevation Point CEO Jim Dickson reaches for new heights – again!
NEWS RIAS APR 15, 2025
Elevation Point CEO Jim Dickson reaches for new heights – again!

Dickson discusses his post-Sanctuary startup.

By Gregg Greenberg
From Ivy League to 'state U': Are investors rethinking 529 strategies amid political pressure?
NEWS PRACTICE MANAGEMENT APR 15, 2025
From Ivy League to 'state U': Are investors rethinking 529 strategies amid political pressure?

Harvard defies the White House. Trump freezes billions. Advisors tell families: keep saving.

By Chris Davis
Latest salvo in Ameriprise, LPL trade war is charge of a data breach
NEWS BROKER DEALERS APR 15, 2025
Latest salvo in Ameriprise, LPL trade war is charge of a data breach

Ameriprise has targeted LPL in at least four complaints since January 2024, alleging its competitor had unfairly hired its financial advisors.

By Bruce Kelly
Does size matter? New tool gives valuable insight to RIA AUM stats
NEWS INDUSTRY NEWS APR 15, 2025
Does size matter? New tool gives valuable insight to RIA AUM stats

Would you like to see just how much your competitors are handling? Here's how to compare.

Fintech bytes: Wealth.com, PreciseFP ink integration partnerships
NEWS FINTECH APR 15, 2025
Fintech bytes: Wealth.com, PreciseFP ink integration partnerships

Advisor users who are also on the eMoney platform stand to benefit from the newly announced link-ups.

By Leo Almazora
As tax day comes, implications of Trump-era IRS remain murky
NEWS TAX APR 15, 2025
As tax day comes, implications of Trump-era IRS remain murky

With a leaner federal revenue agency, the system faces serious questions over the honesty of wealthy taxpayers, US debt, and getting clarity on complex tax situations.

By Bloomberg
Creative Planning lands $1B RIA as EP Wealth gets new turf in Kentucky
NEWS RIAS APR 15, 2025
Creative Planning lands $1B RIA as EP Wealth gets new turf in Kentucky

Peter Mallouk's giant RIA firm is strengthening its California presence, while $34 billion EP Wealth extends its Midwest market presence.

By Leo Almazora