Fed finds chinks in Wall Street banks’ living wills
BofA, Citi, Goldman, and JPMorgan must take remedial action on "shortcomings" in wind-down plans, finds regulators.
Hollywood hits Park Avenue: InvestmentNews Award winners dish on big night in NYC
Award winners from wealth management's biggest evening recount their experiences and explain what helped them to victory.
State Street Global Advisors names new COO
The firm’s latest C-suite hire brings extensive tech leadership experience, including nearly a decade at Schwab.
Estate tech provider wealth.com launches family office suite
The digital estate planning firm has also tapped a Commonwealth Financial veteran to help strengthen its HNW and UHNW planning offerings.
Biden vs. Trump: market impacts of election previewed
The upcoming elections are crucial as it may have critical effects on the global economy and the country’s foreign policy
SEC actions hint at looming “AI washing” crackdown
Recent moves against issuing firms and money managers show some parallels to the regulator's early crypto focus.
There were more RIAs in 2023 than ever before, but what does a typical firm look like?
Investment Adviser Association report provides a snapshot of advisory firms.
Ameriprise welcomes $100M advisor to its branch channel
Former wirehouse employee says he is ready to expand his practice.
BofA says Nvidia drove $8.7B inflows to tech funds
But asset allocators are concerned about concentration.
Boost for bonds as European data suggests rate cuts
Traders are expecting the ECB to ease monetary policy.
Former Fed president Bullard is bullish on rate cuts
James Bullard says CPI data supports September easing.
Citi’s wind-down plan doesn’t make the grade, says FDIC
Regulator's board voted that the bank’s plan is deficient.
Revealed: 2024 InvestmentNews Awards winners
Find out who took home the top prizes at the inaugural, red carpet, Hollywood-themed gala.
Investors and advisors continue to dump nontraded REITs
Patience is rarely rewarded when it comes to redemptions of some nontraded REITs, one executive noted.
Reflection Asset Management founder offers new twist to ESG debate
A fund manager offers an alternative now that values-based investing has become politically weaponized.
Carson deepens Northeast presence with Michigan-based independent
The firm has announced Avery Wealth, a $212M firm in Jackson, as the latest inductee to its national partner network.
Wealth tech firm MyVest strikes retirement income partnership
The fintech integration aims to close the planning-execution gap with tax-optimized withdrawal recommendations, among other features.
Stifel taps ex-Merrill Lynch leader in continued growth push
The broker-dealer giant’s new managing director is starting afresh after serving at the BofA wirehouse for 35 years.
Supreme Court upholds foreign income tax on US businesses
Seven justices ruled in favor of the divisive Trump-era tax measure, potentially setting back calls for a wealth tax.
Structured notes are turning heads among advisors, says CAIS
The leading alts provider reports a significant year-on-year demand spike for the flexible investment options as the quest for diversification continues.
