How ex-Amazon employee grew his tech client base
A shared language and data-driven, iterative approach has enabled advisor to foster long-term relationships in his niche.
Bond mutual funds rake in $108B to snap two-year flows drought
The script has flipped in fixed income as figures show ETFs lagging mutual fund flows, with the bulk going to active bond funds.
College for Financial Planning expands paraplanner course for Spanish clients
The financial advisor education company is expanding the course to address the needs of the high-potential Hispanic market.
LPL shares hit fresh high after strong earnings
"Recruiting is as strong as ever" at LPL, one analyst noted.
If the Fed cut rates in the forest, would advisors notice?
Despite all the conversation and consternation on Wall Street, the Fed has not moved interest rates since last July.
How much are parents willing to cover for their kids’ college?
Northwestern Mutual poll reveals their expectations around splitting education costs, as well as Americans’ broader financial preparedness.
For retirement-age investors, it’s about keeping their nest eggs safe
Survey of pre-retirees and retirees reveals a major focus on capital protection, with a strong preference for stability and guaranteed income.
DC plans aren’t diving into the private markets
Despite the popularity of private credit and PE, Cerulli research finds obstacles blocking their wider adoption in 401(k) retirement plans.
Alti Global taps tech VC vet for new private-market strategy
The multibillion-dollar alts platform’s new fund offers exposure to high-potential private tech companies across the US, Europe and Asia.
Lack of progress on inflation forces hawkish Fed hold
Policymakers at the US central bank raise fresh concerns around price pressures.
LPL swipes two former Cambridge advisors in Iowa
The broker-dealer behemoth’s recruitment drive continues unabated as it welcomes the pair who reported managing around $200M in assets.
Sanctuary obtains tru Independence in Oregon
The fast-growing RIA giant is bolstering its appeal to breakaway advisors as it absorbs a $12.5B wealth advisory network.
JP Morgan data breach hits 451,000 retirement plan members
The financial services giant reported a years-long system failure that exposed names, addresses, Social Security numbers, and other sensitive info.
Eton Advisors taps Brian Hughes as new president
The North Carolina-based multi-family office practice within Focus Financial expects the industry veteran will usher in a new chapter of growth.
Bank of America sounds warning on options-ETF boom
Skeptics says products often fare worse than simpler alternatives.
Avantax strikes deal for $760M wealth business
The firm best known for its integrated tax expertise is expanding its book as it snaps up a like-minded practice in Texas.
Fed set to keep rates on hold, delay cuts in the near future
FOMC will announce rate decision at 2pm ET.
JPMorgan Asset Management’s $169B ETF business chief exits
Global head of ETF solutions, Bryon Lake, has left the firm.
Franklin Templeton wants to transform the industry through Microsoft AI partnership
The collab will use AI to power-up digital transformation at scale.
As home prices climb again, it’s cheaper to rent in the largest metros
Buying a home remains an aspiration but perhaps the time isn’t right?
