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Daily editorial intelligence from the RIA-industry trade press. Each article is classified by AdvisorListen's AI, scored for advisor relevance, and routed to the surface where it best belongs.
NAIFA Alabama members — claim free access →What it says. An article discussing the impact of fewer babies on luxury diaper spending.
“I don’t want to enter retirement owing six figures when we have the cash to clear it.”…
What it says. Vanguard is restoring the 'Flagship' platinum tier service after it was discontinued, allowing investors to use non-Vanguard funds for the first time.
The Malvern giant's CEO admits he heard from many investors about how the 1990's program had ceased to differ from baseline self-directed service; again, investors get a dedicated agent, better yields and status.…
What it says. An article discussing the impact of fewer babies on luxury diaper spending.
Stop listening to market pundits and start looking at market performance.…
What it says. ARTICLE SOURCE: Accounting Today - ARTICLE TITLE: Supreme Court to hear case involving distilled spirit taxes
The high court has agreed to review a case involving an 1868 law that imposed taxes on distilled spirits while also banning home distilleries.…
What it says. New options have emerged for investors in evergreen funds to cash out their shares, potentially impacting estate planning strategies.
If an evergreen fund goes into proration, an investor’s options for cashing out are limited. But an auction for evergreen shares might now be one of them.…
What it says. Find out how to earn unlimited 2% cash back on all purchases with the Navy Federal Credit Union cashRewards Plus card.
Every purchase you make — from groceries to gas to everyday essentials — is an opportunity to earn cash back. And the Navy Federal Credit Union cashRewards Plus credit card makes it simple: You’ll get unlimited 2% cash back2on everything. Even better? You can also get a $250 bonus1 just for doing your regular shopping…
What it says. ARTICLE SOURCE: Accounting Today - ARTICLE TITLE: What I knew about your client before you ever called me
A former IRS Revenue Officer discusses what's already in the file, what to check first, and the mistakes that hurt clients.…
What it says. AmeriFlex has recruited 17 advisors representing over $1.4 billion in client assets, putting the firm on track to exceed its annual growth goal by nearly $2 billion.
Why Advisory Firm Owners Should Measure Enterprise Value – Not Just Revenue – Heading Into 2027…
What it says. AmeriFlex has recruited 17 advisors representing over $1.4 billion in client assets, putting the firm on track to exceed its annual growth goal by nearly $2 billion.
Hybrid RIA’s Third-Quarter Recruiting Puts It On Track To Exceed Its Annual Growth Goal By Nearly $2 Billion…
What it says. AmeriFlex has recruited 17 advisors representing over $1.4 billion in client assets, putting the firm on track to exceed its annual growth goal by nearly $2 billion.
The Number Of RIAs With At Least $5 Billion In Assets Has Grown, Giving Investors Greater Choice When Picking An Advisor, A New White Paper Says.…
What it says. Maxx Kettner, HSBC’s chief multiasset strategist, warns investors about the constantly moving goal posts in AI investing.
Maxx Kettner, HSBC’s chief multiasset strategist, says the investors need to understand the goal posts are constantly moving with AI investing.…
What it says. Tesla posted a highlight reel of its robotaxi navigating real-world road conditions, including robotaxis getting in the way.
The director of Yung Lean's viral "Storm" video says AI made his work look "lame."Francis Specker/CBS via Getty ImagesThe director behind Yung Lean's "Storm" video said AI copies made him consider quitting filmmaking.Romain Gavras said AI imitations of "Storm" on social media made his work look "lame."The original vide…
What it says. Tesla posted a highlight reel showing off its robotaxi avoiding collisions with rivals Waymo and Avride.
Aging owners are putting Japan's small businesses up for sale. These young entrepreneurs are stepping up.Provided by Takayuki Otawara.Japan's aging population and rural exodus are fueling a small-business succession crisis.With no heirs, many aging business owners are listing their companies on succession platforms, of…
What it says. Tesla's CEO, Elon Musk, said he expects to begin delivering Optimus to customers at the end of 2027.
Rand Wacker, a Box executive, loves a good side project.BoxRand Wacker, a Box product executive, wants his potential hires to go beyond being just AI-literate.Wacker likes when candidates show him their side projects, especially if they've monetized them.He's dipped his toes into building, too, with an Apple TV app tha…
What it says. Nevis CEO Mark Swan's new contract with Focus Financial highlights the challenges of integrating AI into existing processes, potentially impacting the RIA rollup market.
With a new Nevis contract, Focus CEO Adam Biernbaum concluded he was buying a process, not a product, because applying 'pre-designed AI capabilities onto existing processes' is a losing game.…
What it says. Meta CEO Mark Zuckerberg considered moving out of California because of a proposed billionaire tax.
Tesla said that it expects to release unsupervised FSD around Q2 2027.Harald Tittel/picture alliance via Getty ImagesTesla's Full Self-Driving feature still requires drivers to pay attention to the road.During its Q3 earnings call, the company said unsupervised FSD for personal cars is coming in 2027.The catch? Your Te…
What it says. Meta disclosed in a new SEC filing that Zuckerberg told a special committee formed by Meta that he was considering moving.
The Google CEO said he uses AI agents to track Google's model development and internal discussions.Bloomberg/Getty ImagesSundar Pichai said he uses AI agents to track Google's model development and internal discussions.The bots summarize updates and monitor how Google's computing resources are used.Pichai said humans s…
What it says. A 81-year-old father-in-law sold his home to pay off his daughter's debt, leaving him without financial security.
“Nothing has been set aside for his needs.”…
What it says. The Social Security Administration is encouraging more people to sign up for Trump accounts, but there are still some catches.
Social Security is looking to reverse an initially slow uptake on Trump accounts…
What it says. Sundar Pichai, CEO of Google, explained how a team of AI agents helps him run the company.
Peter Thiel, cofounder and chairman of Palantir Technologies Inc.Bloomberg/Getty ImagesThiel criticized the US-Iran war, diverging from Trump's foreign policy stance, POLITICO reported."There were a lot of mistakes that were made," Thiel said at a lecture earlier this month.Despite his criticism of the war in Iran, Thi…
What it says. Meta avoided a potential tax bill by creating a new class of stock, keeping Zuckerberg from fleeing California.
Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a new class of stock.…
What it says. Mark Zuckerberg, CEO of Meta, considered leaving California over the billionaire tax.
Moving from Connecticut to Canada gave Erin Levi a panic attack.Provided by Erin LeviLast summer, Erin Levi left Connecticut and moved to Montreal on her own. She barely knew anyone in the city, and relocating at 42 gave her a panic attack.Moving to a new city while working for herself was hard, but it made her feel br…
What it says. Tesla's stock falls as investors are focused on the SpaceX merger.
SpaceX merger commentary is arguably the biggest thing on the minds of Tesla investors right now — and Musk had nothing new to offer on Wednesday.…
What it says. Peter Thiel, a billionaire investor, broke with Trump over the Iran war.
Meta CEO Mark Zuckerberg.Finn Gomez/Getty ImagesMeta CEO Mark Zuckerberg considered moving out of California because of a proposed billionaire tax.Zuckerberg would get $20 billion in "immediate liquidity" if the billionaire tax passes.Meta made the offer to Zuckerberg to help keep him in California after he considered …
What it says. Meta's stock rises as investors see potential in the new Muse personal assistant.
Meta’s core advertising business delivered a strong quarter, but investors are eyeing promising new businesses around the Muse personal assistant…
What it says. Mark Zuckerberg, CEO of Meta, considered moving out of California because of a proposed billionaire tax.
A prototype of Tesla's Optimus robot.CFOTO/Future Publishing via Getty ImagesTesla has begun production of its humanoid robot, Optimus, in Fremont, California.Musk said he expects to begin delivering Optimus to customers at the end of 2027.Musk said it will take at least a year to produce 20,000 Optimus units a week.Te…
What it says. LPL Financial is hiring a senior recruiter to lead the post-Commonwealth deal era in the wake of the acquisition.
Super Intelligence revenue grew more than 800% in Q3, and a Starship launch and Tesla merger talk are on deck.…
What it says. Meta made an offer to Zuckerberg to help keep him in California.
Tesla posted a highlight reel showing off its robotaxi navigating real-world road conditions, including robotaxis getting in the way.Andrej Sokolow/picture alliance via Getty ImagesTesla posted footage of its robotaxi driving without a safety driver ahead of its Q3 earnings call.Two of the clips included footage of a W…
What it says. Investors are skeptical of a potential Tesla-SpaceX merger, citing potential issues.
Wall Street is all abuzz over a possible merger between Tesla and SpaceX. But there is a high probability that such a merger would be a bad idea.…
What it says. The president suggests data centers should generate their own electricity, but experts say only states can mandate this.
The president’s statement comes as a voter backlash against the facilities intensifies ahead of the midterm elections.…
What it says. Oil prices may not come down soon due to the fragile recovery from the Iran war.
Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.…
What it says. 1099 platform leaders for Mariner and Wealthcare are meeting with advisors who are frustrated with SEC reporting requirements related to new technology.
1099 platform leaders for Mariner and Wealthcare say they are meeting with advisors who are getting fed up with SEC reporting requirements related to new technology.…
What it says. Unclaimed auto accounts can impact family inheritance, prompting advisors to check on their clients' 529 plans, divorce terms, and employer funding.
A hijacked personal inbox can unlock a client's financial accounts – and wealth managers need a plan for prevention and response…
What it says. Rick Wurster of Schwab discusses a potential solution to its long/short SMA rationing, which could impact the RIA industry's balance sheet and operations.
The Schwab CEO says 'proprietary' long-short SMA strategies extend balance sheet and operations limitations, but offers no timetable and calls it a repurposing of existing direct-indexing.…
What it says. New tax-smart tools for RIAs are being developed, aiming to reduce manual work in managing personalized portfolios.
New UMA, direct indexing and asset location capabilities aim to cut manual work for advisors managing personalized portfolios…
What it says. Fintech company Wealthcare has developed an AI operating platform called Mira, aiming to automate operational tasks and support acquisitions.
The RIA developed Mira over two years with OnTrade, aiming to automate operational tasks, surface business opportunities and support acquisitions.…
What it says. UMA, direct indexing, and asset location capabilities are being introduced to cut manual work for advisors managing personalized portfolios.
As notetakers push into account opening, a consultant warns RIAs risk ‘buying redundancy’ instead of capability…
What it says. New UMA, direct indexing, and asset location capabilities are being introduced to cut manual work for advisors managing personalized portfolios.
The senior recruiter position at LPL Financial can lead to future success and industry leadership.…
What it says. New UMA, direct indexing, and asset location capabilities are being introduced to cut manual work for advisors managing personalized portfolios.
The staking deal adds another former UBS team to Elevation Point’s roster as serial minority investors hit a record…
What it says. New UMA, direct indexing, and asset location capabilities are being introduced to cut manual work for advisors managing personalized portfolios.
Hackers are already probing two bugs in software that runs most of the web. European Government and other major sites have already been taken down for emergency patches.…
What it says. Meira Wealth's CEO Jorge Padilla discusses his journey from intern to owner of an independent wealth management firm.
Jorge Padilla, CEO of Meira Wealth, talks about his journey from intern to owner of an independent wealth management firm.…
What it says. Pacific Life’s Steve Goldberg discusses how higher yields and bond volatility are expanding the role of annuities beyond lifetime income.
Pacific Life’s Steve Goldberg Says Higher Yields And Bond Volatility Are Expanding The Role Of Annuities Beyond Lifetime Income…
What it says. New UMA, direct indexing, and asset location capabilities are being introduced to cut manual work for advisors managing personalized portfolios.
Unclaimed auto accounts can’t take family money, so advisors face questions on 529s, divorce terms, employer funding and stock gifts.…
What it says. New UMA, direct indexing, and asset location capabilities are being introduced to cut manual work for advisors managing personalized portfolios.
Better Markets’ Benjamin Schiffrin says the change clears a path for interval-fund and accredited-investor rules, but won’t touch daily advisor work.…
What it says. New UMA, direct indexing, and asset location capabilities are being introduced to cut manual work for advisors managing personalized portfolios.
Devenir finds 52% of HSA assets are now invested, reshaping how clients can plan for retirement health care costs.…
What it says. The importance of succession planning in the context of family wealth transfer is highlighted.
The most important part of a wealth transfer is not the money.…
What it says. The Treasury and IRS have released a priority guidance plan for the charitable giving sector.
The PGP addresses numerous issues affecting the charitable giving sector.…
What it says. Financial advisors discuss succession planning, including business sale, professionalization, and generational transfer.
Generational transfer, sale or professionalization are the most pursued paths.…
What it says. Goldman Sachs, JPMorgan, and Morgan Stanley are leading the AI stock boom with $52 billion in trading revenue, capturing 80% of the market.
Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds.…
What it says. Vincent Crudo, an advisor with a spinal cord injury, shares his resilience and health journey.
A 2013 spinal cord injury taught advisor Vincent Crudo about resilience, health and helping others prepare for the unexpected.…
What it says. The IRS grants a filing extension to taxpayers who acted in good faith and reasonably relied on advisors.
The taxpayer acted in good faith and reasonably relied on advisors.…
What it says. RIA M&A Trends, Podcasts, and Advising Athletes: Wealth Solutions Report covers deals, recruiting, investments, and more.
Plus Our Deals & Recruiting And Investments Roundups, Tech To Support Advice, Succession Planning, Social Security, Trilogy’s Acquisition, Sammons’ New Brand, Perennial’s Launch And DeepVest’s New Service…
What it says. When RIAs Merge, Compliance Risks Multiply: Compliance and technology experts discuss M&A risks and AI solutions.
Compliance And Technology Experts Discuss RIA M&A Risks And How AI Can Help Manage Them…
What it says. Suze Orman discusses the magic number of cash one should have available in retirement.
What's the magic number to have when you retire?…
What it says. First-of-its-kind research finds hybrid RIAs are growing fastest, yet investors working with sometimes-only fiduciary advisors report the lowest loyalty.
BlackRock survey of 206 single-family offices shows newer offices driving alternative investment shifts as private equity appetite rebounds…
What it says. Open, honest, and candid discussion about RIA M&A, CIT education, the value of managed accounts, small businesses, state mandates on DC plans, and more.
Open, honest and candid discussion about RIA M&A, CIT education, the value of managed accounts, small businesses being attractive to insurance brokers, the effect of state mandates on DC plans and more.…
What it says. Beacon Pointe Acquires Three RIAs Managing $1.35 Billion: Details on the acquisitions of WorthPointe, Silver Lake Capital Partners, and R Meier Wealth Management.
Acquisitions Of WorthPointe, Silver Lake Capital Partners And R Meier Wealth Management Add To Beacon Pointe Presence In Texas, California And Wisconsin.…
What it says. JPMorgan Chase advisor Darius Kingsley highlights common banking mistakes that can put your money at risk.
Managing your bank accounts should feel simple. However, small habits can quietly put your money and personal information at risk. According to Darius Kingsley, bank advisor and head of fraud prevention at JPMorgan Chase, many of the biggest issues he sees are everyday banking mistakes people make without realizing the…
What it says. Learn from a three-year review of upgrading to a larger home you didn't need, tailored for high-net-worth individuals considering similar decisions.
Toward the end of 2023, we upgraded to a larger finished home we didn't need. Three years later, I want to share whether it was worth it, so you can make a better decision if you're tempted to do the same. More than any other material item money can buy, a home is the most […] The post Upgrading To A Home You Don’t Nee…
What it says. Learn a two-pronged approach to online reviews that balances marketing impact with compliance for attracting and trusting clients.
When clients search for a new advisor, they often look for signals of competence and trust. In the world of AI-powered tools and search engines, clients can easily find nearly-endless options for advisors, but determining whom to trust – even enough to schedule an introductory call – is a tall order. Many clients opt t…
What it says. Elevation Point staked $750M in an ex-UBS team in Las Vegas, aiming for a $50B growth target over the next two years.
AI may give advisors a new way to scale personalization without losing the human connection that builds trust.…
What it says. Schwab CEO Rick Wurster discusses the company's efforts to address balance sheet limitations with a proprietary long/short SMA strategy, but a long/short manager sees it as a wallet-share grab.
The Schwab CEO says 'proprietary' long-short SMA strategies extend balance sheet and operations limitations, but offers no timetable and calls it a repurposing of existing direct-indexing.…
What it says. Prudential Wealth Advisors is implementing a new centralized model to speed up their recruitment efforts.
The model will accelerate recruitment, says Prudential Wealth Advisors President Pat Hynes…
What it says. Broker-dealers are increasingly involved in M&A activities, with RIAs becoming more attractive as acquisition targets.
Latest DeVoe reports highlights IBDs buying practices and building W-2 RIAs, while an RIA dealmaker say buyers now pay more in equity, not cash.…
What it says. Beacon Pointe adds three teams with $1.2B in assets, pushing its AUA to roughly $70B.
Panelists at RIA Edge Orange County said the stumbling blocks to AI implementation in wealth management are more about strategy and leadership than about the rapidly evolving tools.…
What it says. Wealthspire acquires a $1B London-based wealth manager, expanding its U.K. footprint.
Jim Dickson's firm backs the Las Vegas-based Truing Capital, formerly affiliated with UBS, as it pursues an ambitious $50 billion growth target over the next two years.…
What it says. 55ip expands its UMA capabilities for RIAs, offering managed and custom model portfolios.
The acquisitions push the firm's assets under advisement to roughly $70 billion, following deals with WorthPointe, Silver Lake Capital Partners and R Meier Wealth Management.…
What it says. IRS accepted over 470,000 electronically filed tax returns claiming dubious automobile loan interest deductions.
Internal audit teams are relying more on outside auditing firms and partners, according to a new report.…
What it says. Elevation Point staked $750M in an ex-UBS team in Las Vegas, aiming for a $50B growth target over the next two years.
Wealthspire's entertainment and sports unit expands its U.K. footprint, picking up London-based Atlantic Swiss that oversees more than $1 billion for clients in media and sports.…
What it says. Beacon Pointe adds three teams with $1.2B in assets, pushing its AUA to roughly $70B.
The J.P. Morgan subsidiary now offers managed and custom model portfolios, plus equity SMAs, in a UMA for RIAs.…
What it says. IRS accepted over 470,000 electronically filed tax returns claiming dubious automobile loan interest deductions.
The Top 100 Firm acquired FHHP, expanding its presence in the Philadelphia market and ability to serve family-owned and closely held businesses.…
What it says. Wealthspire acquires a $1B London-based wealth manager, expanding its U.K. footprint.
Investment strategists are weighing how to tweak portfolios for current macroeconomic conditions, marked by elevated inflation and rising bond yields. That includes looking for ways to bulwark portfolios These are among the investment must reads for financial advisors this week.…
What it says. 55ip expands its UMA capabilities for RIAs, offering managed and custom model portfolios.
The RIA now gives advisors a unified dashboard for portfolio construction, private markets access and tax management across more than 43,000 client accounts.…
What it says. The CFA final pass rate has fallen to 47%, staying below the historic average.
Test-takers who delay their exams have a much lower chance of success…
What it says. Robertson Stephens has acquired Alpha Investment Consulting Group, expanding its institutional consulting capabilities.
The acquisition of Milwaukee-based Alpha Investment Consulting Group expands Robertson Stephens’ institutional consulting capabilities and adds a new office.…
What it says. Willow Tree invests in VestGen, and other RIA firms are involved in M&A and recruiting activities.
Willow Tree Invests In VestGen; M&A By CohnReznick, Annex And Carson; Recruiting By CAPTRUST, Indivisible And LPL; Perennial’s Launch; Criterion’s Rebrand; FFP’s Training Launch; Rothschild’s New RIA; And An Appointment By Choreo…
What it says. Osaic recruits a $2.3 billion New Jersey firm from LPL.
ICG next Joins Osaic’s Network With 21 Advisors, Office In New York…
What it says. Sowell Management appoints a new CIO and launches an investment office.
Scott Dooley Will Lead The Office Of The CIO, Bringing Together Research, Portfolio Construction And Advisor Consulting…
What it says. Gen Z investors are shifting their portfolios towards more conservative investments ahead of the midterms.
About 24% of Gen Z respondents said they moved money into more conservative or lower-risk investments ahead of the election, compared with 13% of baby boomers.…
What it says. Chris Smith discusses how financial advisors can move upmarket by confidently sharing their value story with clients.
Welcome everyone! Welcome to the 512th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Chris Smith. Chris is the founder of PSBLTY, a brand strategy, design, and implementation firm that works with financial advisors, teams, and firms. What's unique about Chris, though, is how he works …
What it says. ICG next has switched from LPL to Osaic, a firm offering a more personal approach.
ICG next, led by James Costabile, has switched from LPL to Osaic to join a firm he says offers large-scale resources with a more personal, relationship-focused approach.…
What it says. CircleBlack has appointed Vikram Chugh as its new CEO, replacing Lincoln Ross.
Vikram Chugh, who built the wealth management platform at fellow Long Arc portfolio company Robertson Stephens, replaces Lincoln Ross, who stays on as a strategic advisor.…
What it says. Bank of America is offering retention bonuses to keep advisors from leaving, but this could strain margins and may not retain large RIA teams in the long term.
The Minneapolis brokerage giant is paying its own to stay put to slow a breakaway onslaught, but it could expensively raise expectations of free money internally for many advisors who want the freedom and equity of an RIA.…
What it says. Professional athletes are at risk for blood clots, even those in top physical condition, highlighting the importance of regular health checks and preventive measures.
Research has found that it can take more than six months for professional athletes to return to play after being treated for a deep-vein thrombosis or pulmonary embolism.…
What it says. The GASB plans to delay new accounting standards for government accountants until 2029, providing them more time to adjust to existing standards.
The Governmental Accounting Standards Board plans to allow accountants time to adjust to its existing standards before burdening them with new standards in 2029.…
What it says. Target-date funds may not be the best fit for all of a retiree's investment needs, highlighting the importance of personalized financial planning.
Target-date funds aren’t necessarily built to handle many of the decisions retirees face.…
What it says. Credit markets are sending mixed signals, with riskier junk bonds warning investors, making this a critical piece for advisors to understand and discuss with clients.
Credit markets are sending unusually mixed messages to investors right now, and it’s making some people nervous.…
What it says. A 64-year-old individual discusses their financial future and the challenges of aging without the ability to secure a home, while still maintaining hope for the future.
“Ill-timed circumstances can change our financial future in unexpected ways.”…
What it says. Financial advisors receive numerous unsolicited loan offers, including one for $15,000 at 8% interest, which may indicate a scam.
“They insist that the details will be provided after they have carried out a soft credit check.”…
What it says. Nvidia and Meta's upcoming earnings reports are key for tech stocks, including chip stocks like Micron, which have recently bounced back from a selloff.
It’s a key week for tech stocks as Nvidia gears up for a European conference and Meta prepares to report earnings.…
What it says. SpaceX's AI-powered computing services are driving significant revenue growth, but also pose challenges for the company's financial health.
SpaceX has been renting out access to computing power, which is a big source of revenue growth but also one that comes at a high cost.…
What it says. The stock market historically sees strong gains in the six months following midterm elections, making this a strong tailwind for investors.
The six months subsequent to midterm elections have seen strong gains, historically…
What it says. A J.P. Morgan analyst has revised their view on Intel, citing improvements in the company's manufacturing and chip design, which could be of interest to financial advisors managing HNW client portfolios.
Intel’s manufacturing and chip design have improved, according to a J.P. Morgan analyst.…
What it says. The IRS has finalized rules allowing direct tax payments via credit and debit cards, simplifying tax payment processes for taxpayers.
The final regulations allow the IRS to directly accept payments of tax by credit or debit card, without connecting taxpayers to third-party payment processors.…
What it says. Hill, Barth & King has expanded its Northeast footprint by acquiring The Curchin Group, a significant move for the Top 50 Firm.
Hill, Barth & King acquired The Curchin Group, effective as of Oct.16, expanding the Top 50 Firm's Northeast footprint.…
What it says. Focus adds Nevis as advisor AI tools face potential overlap with RIA platform Jump
Nevis joins Jump at RIA platform Focus as both vendors’ AI tools aim to handle account opening and notetaking.…
What it says. Advisor moves: &Partners lands Oklahoma team, EP Wealth adds in Denver
Ballast Rock Private Wealth has also brough on a veteran advisor focused on multigenerational planning for business owners and families…
What it says. JPMorgan advisors launch $18.6B RIA Latigo Peak sans PE backing
Jim Atwood and Phil Scott self-fund their wirehouse breakaway as rival firms sweeten pay to retain top producers…
What it says. Citizens Securities sues Ameriprise over an ex-employee soliciting former clients.
Citizens Securities is seeking a restraining order against Ameriprise and Darrell Smith in federal court in Massachusetts, alleging that Smith solicited former clients shortly after changing firms.…
What it says. CFOs are reflecting on the performance of their technology investments during earnings season and making critical decisions about them.
For CFOs, earnings season is a moment to reflect on how technology investments are performing and to make the critical decision about them.…
What it says. J.P. Morgan team departs to form a new independent firm.
Phil Scott and Jim Atwood are forming Latigo Peak Partners, launching with 48 employees and a presence in Florida, Washington, Massachusetts and California.…
What it says. Radcliffe Capital Management highlights inefficiencies in the bond market.
Radcliffe Capital Management Steve Katznelson highlights where bond market inefficiencies still exist.…
What it says. Crowe, one of the Top 25 Firms, has introduced a shared ownership plan following its recent private equity investment from KKR.
The Top 25 Firm introduced a shared ownership plan following the close of its private equity investment from KKR in August.…
What it says. Ascend's David Wurtzbacher suggests that integrating AI into accounting firms may require a fundamental restructuring, which could be of interest to RIA firms considering AI integration.
Unlocking the capabilities of AI may well require rethinking the entire structure of the firm, suggests Ascend's David Wurtzbacher.…
What it says. Jump Integrates with FMG to provide content recommendations.
The integration is meant to assist advisors in more quickly finding compliance-approved content recommendations based on client meeting discussions.…
What it says. A CAQ survey highlights the risks of AI adoption in auditing, which is still lagging behind governance practices.
AI adoption is in the driver's seat. Governance is still riding in the back seat. Here's what a CAQ survey means for the rest of 2026.…
What it says. RIA Founders Considering M&A Should Evaluate Technology By How It Expands Advice And Strengthens The Client Experience
Why The Next Competitive Advantage In Wealth Management May Depend Less On Adding Technology And More On Connecting Intelligence To Execution…
What it says. RIA Founders Considering M&A Should Evaluate Technology By How It Expands Advice And Strengthens The Client Experience
RIA Founders Considering M&A Should Evaluate Technology By How It Expands Advice And Strengthens The Client Experience…
What it says. Financial Samurai argues that starting to spend your money earlier rather than later can lead to a better quality of life and reduced stress.
If you wait too long to start spending your money, you will have wasted many years of unnecessary work, stress, and worry. You'll have traded your best decades for a number on a screen that eventually gets passed to someone else. After another summer living with my parents, I'm even more convinced about 45, my […] The …
What it says. Financial advisors should pay close attention to their profitability and use per-client revenue to identify when to 'graduate' clients, according to this article.
While working as a financial advisor can be attractive based on the ability to make a positive difference in clients’ lives, at the end of the day it is a business and the source of a firm owner’s livelihood. Amidst this backdrop, it’s important for firm owners to pay close attention to their profitability, asRead More…
What it says. RIA is launching an investment office to help independent advisors compete with larger firms.
RIA is building an infrastructure to help indies compete against wirehouses and large private banks.…
What it says. Childless adults with significant wealth often lack a financial plan, leaving serious money unmanaged.
Bernstein Private Wealth experts says childless adults hold significant wealth yet rarely have a plan.…
What it says. Ukraine is developing affordable surface-to-air missiles that cost no more than $20,000 each, potentially disrupting Russia's cheaper anti-aircraft systems.
Soldiers from the 148th Separate Artillery Zhytomyr Brigade of the Ukrainian Airborne Forces fire strike missiles from a BM-21 Grad MLRS.Dmytro Smolienko/Ukrinform/NurPhoto via Getty ImagesUkraine is funding air defense missiles with a hard cap of $20,000 per shot, Brave1's chief said.That's about a sixth the cost of a…
What it says. Protests over high living costs have escalated into riots in multiple European capitals, affecting both HNW and general populations.
Protesters took to the streets in capitals across Europe over the weekend. In Brussels, demonstrators clashed with police.Dursun Aydemir/Anadolu via Getty ImagesFrance wasn't alone this weekend.Civil unrest occurred in several European cities this weekend.Protests over the high cost of living devolved into riots.Demons…
What it says. Anthropic CEO Dario Amodei announces a pledge to donate 5% of its shares to a 'public benefit fund,' sparking debate among tech leaders and investors.
Anthropic CEO Dario AmodeiFinn Gomez/Getty ImagesAnthropic is pledging billions worth of shares to a "public benefit fund."That sounds great — but not everyone is a fan.Elon Musk is among those who says the money should go directly to Americans.Anthropic's announcement that it will commit at least 5% of its shares to a…
What it says. Cramer sees Reddit shares as a bargain amid Google's AI threat, according to TheStreet.
Cramer sees Reddit shares as a bargain, just as Google's AI search raises real traffic risks for the social platform.…
What it says. Meta and Tesla's Q3 earnings will be watched closely in a volatile market, according to TheStreet.
The tech giants' results will be the week's biggest in a volatile market.…
What it says. AI company Anthropic announces plans to establish a public benefit fund using its stock, committing billions to support public-interest initiatives.
Anthropic said on Sunday that it wants to create a new LLC to fund public-interest initiatives.Kent NISHIMURA / AFP via Getty ImagesAnthropic said it wants to create a new LLC with the company's stock as its sole asset.The new LLC, a charitable organization, would receive larger stakes as the company grows.An initial 5…
What it says. US Energy Secretary Chris Wright defends President Trump's decision to waive sanctions on Russia, arguing it's an incentive for Russia to end its war with Ukraine.
President Donald Trump signed an executive order waiving new sanctions on Russia.Aaron Schwartz/Getty ImagesUS Energy Secretary Chris Wright defended Trump's decision to buy Russian diesel.Wright said the relief is actually an "incentive" for Russia to end its war with Ukraine.Ukraine's President Zelenskyy and several …
What it says. A new Los Angeles resident learned about her neighbor's Parkinson's disease and helped raise $80,000 for her care, highlighting the importance of understanding neighbors' needs and potential challenges.
Heidi Widmer now helps her neighbor, who has Parkinson's.Courtesy of Heidi WidmerHeidi Widmer is a 35-year-old who moved into an apartment building in Los Angeles in July.For the first two weeks, she heard a loud sound from the apartment above and was annoyed.She found out the noise was being made by her neighbor, who …
What it says. An article on the potential impact of rising borrowing costs on the S&P 500.
“My plan is to continue working as long as I’m able to do so and invest my Social Security benefits while I’m still earning a paycheck.”…
What it says. An article discussing the earnings growth of certain stocks in the S&P 500.
Boeing, Meta and EchoStar recorded steep charges and expenses a year ago, which are expected to make this latest quarter’s results look especially strong by comparison.…
What it says. An article discussing the potential impact of rising bond yields on the S&P 500.
The idea that the AI trade has been mostly immune to rising bond yields isn’t quite right, one strategist notes.…
What it says. An article discussing a potential market rotation in the S&P 500.
A “triple-top” reversal chart pattern is pointing to a period of underperformance for the S&P 500 — perhaps a long one.…
What it says. An article about humanoid housekeeping robots and their capabilities.
Tau Robotics’ humanoids vacuumed my floors and wiped my counters — with some help from humans behind the scenes.…
What it says. An article discussing new fintech apps that address financial anxieties.
Fintech companies are catching on to how Americans are altering their financial habits, and they’ve created new products to try to meet the moment.…
What it says. Schwab CEO Rick Wurster highlights the success of bringing in triple the number of third-party RIA firms, showing up in assets of $120.1 billion for the quarter.
The Schwab CEO underscores that his firm brought in triple the number of third-party RIA firms to the No. 2 custody provider and that it shows up in assets -- $120.1 billion for the quarter.…
What it says. Tax pros push for House passage of TAS Act by end of year
After the Senate passed the Taxpayer Assistance and Service Act by unanimous consent, the bipartisan bill is now in the hands of House lawmakers.…
What it says. Harvard's endowment saw a significant 27% increase in fiscal 2026, driven by SpaceX.
The latest 12-month period marked the strongest return for the university's fund since 2021.…
What it says. IRS waives tax penalties for dyed diesel fuel sales
The Internal Revenue Service is providing relief on federal tax penalties on sales of dyed diesel fuel in response to an executive order from President Trump.…
What it says. Experts warn that calling mortgages and student loans 'good debt' can hide the real risk of affordability.
Mortgages and student loans are often called "good debt." Experts say that label can hide the real question: Can you actually afford the risk?…
What it says. The IRS proposes new regulations for premium tax credit changes, impacting eligibility and verification requirements.
National Taxpayer Advocate Erin Collins urged the IRS to halt denials of claims tied to ongoing Kwong litigation, arguing that taxpayers could lose rights or pursue unnecessary litigation while courts continue to consider the case. The IRS has received more than 275,000 refund and abatement claims related to Kwong, she…
What it says. The IRS proposes regulations to implement changes to premium tax credits, including new eligibility and verification requirements.
The IRS and Treasury proposed regulations implementing Sec. 36B premium tax credit changes enacted in H.R. 1, including new eligibility and verification requirements, reporting changes, and rules governing repayment of excess advance premium tax credits.…
What it says. DeVoe & Company reports a 17% decline in RIA M&A activity for Q3, with a revised forecast of 320 to 340 deals for the year.
Marshall And Jim Roth Explore Liquidity, Portfolio Diversification And The Connection To Direct Indexing…
What it says. Four executives share tips on preparing for and managing client continuity during the transition of wealth management practices.
Hannah And Laurie Stack Explore Coachability, Client Fit And Career Opportunities In Wealth Management…
What it says. The Internal Revenue Service is closely examining the tax strategies used by some exchange-traded funds
The Internal Revenue Service is closely examining the tax strategies used by some exchange-traded funds, according to a recent notice and revenue ruling.…
What it says. DeVoe & Company now expects 320 to 340 deals this year, up from its previous forecast, after a strong finish in September.
DeVoe & Company Now Expects 320 To 340 Deals This Year, Raising Its Forecast After A Stronger September Finish…
What it says. Four executives discuss early preparation and strategies for managing client continuity during the transition of wealth management practices.
Four Executives Discuss Early Preparation And Client Continuity During Advisor Succession…
What it says. Eight founding partners of Perennial affiliate with Integrated Partners, bringing over $500 million in client assets under management.
Eight Founding Partners Affiliate With Integrated Partners…
What it says. Kitces and Carl discuss the risks of keeping options open in financial planning, suggesting that making commitments can be more beneficial for clients.
One can argue that financial planning is, at its core, about navigating different choices and trade-offs. Some decisions can have outsized practical, financial, and emotional impacts, such as when to retire, quit a job, or start a business. Succeeding and failing will each bring high consequences, and many people opt t…
What it says. Matthew McConaughey discusses how allowing children to take small risks can help them develop confidence and resilience, a lesson that can be applied to client conversations and practice management.
Matthew McConaughey says the "beauty of ignorance" helped him get through some tough moments in his youth.John Nacion/Getty ImagesMatthew McConaughey says protecting kids from every setback can leave them more afraid of risk.He says he believes minor falls can teach children the confidence to get back up.The actor cred…
What it says. Bank of America has hired 1,000 consultants to protect its software from powerful AI models, highlighting the increasing concern in the financial sector about AI vulnerabilities.
Bank of America hired external contractors to protect its software against powerful AI.Scott Olson/Getty ImagesThe US's second-largest bank is protecting itself against powerful AI models.Bank of America hired 1,000 consultants to shore up cracks in its software that could be exploited.Increasingly capable and rogue AI…
What it says. TD Bank has appointed Hardeep Walia as the new head of its U.S. Wealth unit, following the departure of Alan Chabot, who was previously the head of firmwide AI at Schwab.
After hitting $8-billion plus of AUM and $16 bilion of AUA, the Mt. Laurel, N.J., bank wealth unit nabbed Hardeep Walia to replace Alan Chabot who started in May of 2025…
What it says. Investors are questioning the AI buildout due to inflation fears.
Investors are wondering if steep inflation and increased borrowing costs could derail the AI buildout.…
What it says. A Saudi national engineer at OpenAI was arrested for allegedly placing a bugging device in his office, highlighting the intersection of technology and security in the tech industry.
Abdulrahman Alfozan, a Saudi national employed as an OpenAI engineer, looks behind a television where a recording device had been placed in a conference room.DOJ/ReutersAbdulrahman Alfozan loved Saudi Arabia.One day before arresting the former OpenAI engineer on charges of bugging the office, the Justice Department wor…
What it says. The article discusses the merits of a 60-40 portfolio for investors.
For most of U.S. history, an all-stock and a 60-40 portfolio have run neck-and-neck for trailing 30-year returns.…
What it says. The article discusses the risks and investments related to the AI boom.
The CEO’s the U.S.’s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there’s still no sign that investments need to slow down.…
What it says. LPL acquires a $1B Northwestern team in Seattle, while Raymond James and RBC welcome father-son teams from UBS.
MyComplianceOffice's AI-assisted surveillance links employee chats on Slack and Telegram with prediction market trades as Wall Street tightens rules…
What it says. Advisor Brett Hoge plans to grow Captrust, a firm he launched with private equity backing.
Advisors fielding client questions on the tax deferral strategy can't afford to skip the fine print, Baird's Tim Steffen warns.…
What it says. Morgan Stanley exceeded earnings estimates in the third quarter, with a significant increase in trading revenue.
Morgan Stanley topped expectations on the top and bottom lines for the third quarter.…
What it says. Raymond James absorbs a family-run practice from Commonwealth into its independent channel.
Advisor Brett Hoge says ownership culture at Captrust beat launching his own firm with private equity backing, and he plans for immediate growth…
What it says. Ukraine's reliance on Starlink for military operations has been disrupted due to speed limits implemented by SpaceX, affecting communications and drone missions.
Ukraine is heavily reliant on Starlink for military operations.Inna Varenytsia/REUTERSUkrainian officials said on Wednesday that Kyiv's access to Starlink has been disrupted.Slower-than-normal speeds have affected military operations, the officials said.Ukraine is heavily reliant on Starlink, specifically for communica…
What it says. RBC welcomes a father-son team formerly from UBS.
Elsewhere, Raymond James absorbs a family-run practice from Commonwealth into its independent channel, while RBC welcomes a father-son tandem formerly from UBS.…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
Workflow shouldn't be “whoever happens to see it first.”…
What it says. Epic Games is revamping its launcher with a new AI-powered system, potentially reshaping the gaming industry and benefiting developers and users alike.
Epic Games CEO Tim Sweeney has said the company wants to use AI to enable developers to do more.Samuel Boivin/NurPhoto via Getty ImagesEpic Games said that thanks to vibe coding, it has revamped its launcher."Programming is hard," the company wrote in an announcement.The news came just days after Epic CEO Tim Sweeney d…
What it says. Wirehouses are focusing on alternative investments and AI in their next wave of offerings.
“The next wave of alternative investments being offering by wirehouses is centered around private equity and infrastructure,” said a senior executive.…
What it says. T. Rowe Price is beefing up its advisor distribution efforts by hiring new executives and adding client-facing roles.
In Morgan Stanley's case, net new assets jumped 187% year-over-year, largely due to IPO-related flows.…
What it says. T. Rowe Price is beefing up support roles to win over financial advisors.
The fund giant's efforts to beef up support roles land as research suggests asset managers are missing the mark on advisor support from distribution teams.…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
The Seattle-based team said it has joined LPL’s RIA channel and custodial platform for its technology, advisor service model and investments in innovation.…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
The firm hired two new executives and is adding over 50 new client-facing roles in broker/dealer and RIA field sales.…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
How advisors can broach the subject.…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
Human behavior is sometimes to blame when transactions go wrong.…
What it says. Choreo hires an ex-LPL tech leader as its new CTO.
Gabriel Rodriguez, whose professional record also includes time at Vanguard and Bain Capital, will lead AI and platform integration at the Parthenon-backed RIA…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
The estate planning should preserve operating authority, key knowledge and capital flexibility.…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
CohnReznick will look to grow its client base by adding fee-based Aldrich Wealth’s individual wealth management and corporate retirement plan consulting.…
What it says. The COLA for Social Security increases to 3.6% for 2027, the largest increase since 2023.
Fuel-driven inflation drove the supersized adjustment, but advocates say retirees are still losing ground as trust fund insolvency nears.…
What it says. LPL has recruited a $1B team from Northwestern Mutual to its RIA channel.
The vehicle is one of the fastest-growing methods of charitable giving.…
What it says. RIA equity programs and recruiting trends discussed in the Wealth Solutions Report.
Plus Our Deals & Recruiting And Wealthtech Roundups, Preparing For M&A, Managing Life Alongside Work, Supporting The ‘Middle’ Advisors, Ascentix’s Partnership With PureFacts, LPL’s And Ascentis’ Recruits, AlphaCore’s Acquisition, Wealthspire’s Sports Launch And Diamond’s Research…
What it says. Discussion on advising athletes with short careers and sudden wealth.
Advisors And Executives From Rose Capital, OpenArc, Dynasty And Americana Discuss The Unique Challenges In Helping Athletes…
What it says. Experts discuss claiming decisions and tax planning for high net worth clients.
Five Experts Discuss Claiming Decisions, Tax Planning And Retirement Cash Flow…
What it says. Core inflation is increasing, raising the likelihood of an October Fed rate hike.
“Today’s CPI report came in hot, with annual headline inflation reaching its highest level since May,” said etoro’s Bret Kenwell.…
What it says. Captrust acquires the Winston-Salem team from Truist, adding over $3 billion in assets to its portfolio.
Tema ETFs’ Paisley Nardini discusses how calm index-level markets are masking volatility and concentration risk in both equities and bonds.…
What it says. BlackRock reports a Q3 earnings beat, with private credit redemption pressure easing at its HPS Corporate Lending Fund.
Asset manager draws $205 billion in net inflows as private credit redemption pressure eases at its HPS Corporate Lending Fund…
What it says. Connecticut Wealth Management hires Subatomic to build an AI operating system across various software and systems.
Open, honest and candid discussion bridging wealth and DC plans, EBSA enforcement, AON picks Vanguard as record keeper, retirement income advice, the rise of TPAs and more.…
What it says. Introduction of the Criterion Wealth Advisory brand by Sammons.
Beacon Capital Management, NorthRock Partners And Wealthcare Have More Than $27 Billion In Combined Assets Under Management Or Advisement…
What it says. Ed Slott and Company's Top 10 RMD Mistakes list highlights common errors advisors and clients make with Required Minimum Distributions, crucial for HNW clients managing retirement assets.
By Andy Ives, CFP®, AIF®IRA Analyst IRA owners and retirement plan participants trip over the required minimum distribution (RMD) rules all the time. Bad advice is provided, misinformation is freely disseminated on TikTok, and sometimes smart individuals do less-than-smart things. Here is a Top 10 list of common RMD mi…
What it says. Financial advisors have a significant opportunity to enter the small business 401(k) market due to state mandates and plan complexity.
With more than a third of $300,000-plus earners stretched thin, advisors explain how they rebalance cash flow, liquidity and retirement savings…
What it says. New Treasury Regulations Introduce Mandatory Auto-Enrollment and Individual Stocks to Trump Accounts for HNW families.
Sec. 530A accounts a.k.a. Trump Accounts (TAs), the 'starter' retirement accounts for children under 18 that were created under the One Big Beautiful Bill Act (OBBBA), have been available to open and fund since July 4, 2026. And during that time, they've gained modest traction: according to Treasury Department estimate…
What it says. Two teams are launching their own firms with over $1 billion in assets, choosing full independence.
A Chicago team departs an RIA consolidator while a Bay Area veteran leaves a wirehouse, both choosing full independence.…
What it says. Chicago-based wealth aggregator secures private capital to continue its rollup of independent firms.
Chicago-based aggregator, which has absorbed 19 firms and $7.5 billion in assets in just two years, secures private credit backing.…
What it says. Insurance giant launches a new holding company to compete in the wealth management space.
The insurance giant's new holding company unites three RIA firms and $27 billion in assets under one independent brand.…
What it says. VestGen receives growth capital from private credit firms to fund mergers and acquisitions.
The AI Operating System will sit across the firm's custodian, portfolio management system, CRM, planning and tax software, meeting notes, phone system, email and documents.…
What it says. Goldman Sachs challenges the notion that Chinese companies win overseas solely by offering cheaper products, highlighting the importance of quality and market share in their success.
Chinese consumer technology is increasingly challenging the perception that the country's exporters compete only on price.Luo Yunfei/China News Service/VCG/Getty ImagesThe biggest myth about China's export boom may be wrong, according to Goldman Sachs.Chinese products often start cheap but become more expensive as they…
What it says. Retired wrestler John Cena suggests thinking about death can help make a bad day feel shorter, offering an actionable perspective for advisors to share with clients.
John Cena says people should talk more openly about death.Noam Galai/FilmMagicJohn Cena has a tip for making a bad day feel shorter.The retired wrestler says remembering he's "just renting" helps him appreciate being alive.The thought helps him see setbacks and frustrations in a different light.John Cena, 49, has a tri…
What it says. The US Treasury has imposed a $1.2 billion fine on Bank of America for failing to report suspicious transactions related to Chinese money laundering networks, impacting the bank's earnings and violating sanctions programs.
The Treasury has fined the Bank of America more than $1.2 billion.Nicolò Campo/LightRocket via Getty ImagesThe Treasury Department has imposed a fine of more than $1.2 billion on the Bank of America.It said BofA failed to report suspicious transactions tied to Chinese money-laundering networks.A BofA spokesperson said …
What it says. UnitedHealth keeps medical costs under control and raises its outlook, offering insights for health insurance clients.
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”…
What it says. State Street-Apex partnership offers RIA custody with institutional-level strength and retail-level convenience, but analysts warn of potential friction.
State Street-Apex team-up brings RIA unlikely institutional-level heavy artilliery and retail-level light digital touch, though analysts question whether unseen priorities will prevent frictionless nirvana to rock incumbents -- and get past prior market withdrawal.…
What it says. OpenAI discovers a hidden recording device in its office and arrests an employee, highlighting the importance of cybersecurity in the tech industry.
OpenAI said it found a recording device "hidden" in one of its offices and reported the matter to the FBI.Bloomberg/Getty ImagesOpenAI said the device was "concealed in toilet paper" and planted in one of its offices.The company said it then used its own models to determine who planted the device.The Department of Just…
What it says. Understanding Required Minimum Distributions (RMD) for inherited IRAs is crucial for financial advisors and is essential for managing HNW client situations.
One of the most confusing questions about inheriting an IRA is whether the beneficiary must take a distribution before moving the account to a beneficiary IRA. One financial institution says yes, and another says no. They can both be right. The answer depends on the financial institution’s operational procedures. While…
What it says. AI startup Decagon, valued at $4.5 billion, has hired an investment bank to evaluate acquisition interest and has held early talks with potential buyers, including cloud software giant ServiceNow.
Lisbon , Portugal - 12 November 2025; Jesse Zhang, Co-founder & CEO, Decagon AI on Centre Stage during day two of Web Summit 2025 at the MEO Arena in Lisbon, Portugal. (Photo By Shauna Clinton/Sportsfile for Web Summit via Getty Images)Shauna Clinton/Sportsfile for Web Summit via Getty ImagesAI startup Decagon builds A…
What it says. Applied Materials aims to cut chip development time in half by investing in AI.
Applied Materials, the leading maker of chipmaking equipment, officially unveiled its EPIC chip R&D center with partner companies including Intel, Micron, SK Hynix, and Samsung Electronics.…
What it says. Tech companies are restructuring to justify AI spending, potentially leading to AI agents appearing on org charts.
"I do think we're headed into a new frontier as to what the organization looks like," said Amrita Ahuja, Block's chief financial officer and chief operating officer.…
What it says. Citi's wealth unit is expected to book record $38B in net new assets this quarter, driving the bank's overall revenue growth.
“Today’s actions send a clear message that even the biggest financial institutions are not above the law,” said Treasury Secretary Scott Bessent.…
What it says. California's First Partner Jennifer Siebel Newsom discusses her efforts to close the women's wealth gap.
At Fortune’s Most Powerful Women Summit, Jennifer Siebel Newsom pointed to financial literacy, savings programs, and capital for female founders as part of her push to close the women’s wealth gap.…
What it says. Sam’s Club CEO Latriece Watkins emphasizes the importance of investing in others' success.
Latriece Watkins says helping others succeed has been mutually beneficial, and advises business leaders to set aside time to get leadership clarity.…
What it says. Two UBS leaders are co-leading the ultra-high-net-worth and private wealth businesses of &Partners, a fast-growing hybrid RIA.
To build a truly self-sustaining practice, enterprising advisors have to start with a vision of what they want to be – and accept the realities that come with building toward it.…
What it says. An author reflects on their relationship with their mother and how seeing her age has changed their perspective.
The author has lived abroad half her life.Courtesy of the authorI've lived about half of my adult life either overseas or traveling.It's been more than 13 years since we've lived on the same continent.My perspective on our relationship and the one with my own daughter is shifting in real time.Time is a funny thing, mos…
What it says. JPMorgan Chase blocks AI agents from directly accessing customer accounts, raising concerns about security and compliance.
JPMorgan Chase CEO Jamie Dimon warned of rogue agents operating at scale and said the bank is building defensive tools.…
What it says. Over a third of high-income Americans are living paycheck to paycheck.
Nearly half of $500K-plus households pay only the minimum on their credit cards, and 80% have put off a major financial goal—more than middle earners on both counts.…
What it says. A 66-year-old therapist shares her journey from a tech career to starting a successful business helping other therapists market their services.
Becky DeGrossa spent 20 years in Big Tech before opening her business, CounselingWise.Matthew DeFeo for BIBecky DeGrossa, 66, worked at IBM and then became a therapist before opening CounselingWise.The service helps therapists market their businesses through custom websites, SEO, and Google Ads.She works with 40 to 50 …
What it says. RIA Edge Podcast: Andy Busser discusses Pitcairn's evolution from a single-family office to a $12B RIA.
In the suit filed in a Minnesota court, the firm alleged Christopher Porpiglia violated employee contracts when he resigned last week. RFG Advisory claims it is “confident in the process” of the advisor transition.…
What it says. Indivisible Partners adds a $1.1B Baltimore team from RBC Wealth Management.
The six-person Rosenwald Private Wealth team, led by Beth Rosenwald, joins John Thiel’s advisor-owned growth partnership.…
What it says. Vanguard's 60/40 fund has nearly 8% annual returns in the 2020s, highlighting the importance of reevaluating your portfolio in light of recent market trends and interest rate changes.
When interest rates were low in the 2010s and early-2020s, investors in search of a balanced portfolio had two choices. You could either adjust your expectations for lower returns from the bond side of the portfolio or take more risk. Many investors opted for option #2 and took more risk, either in the equity market or…
What it says. Sammons launches a new Criterion Wealth Advisory platform with $27B in assets.
Pitcairn's Andy Busser discusses the firm's evolution from single-family office to $12B RIA.…
What it says. Carson names a Goldman, United Bank alum to lead its W-2 advisor channel.
JPMorgan Chase, Wells Fargo, Goldman Sachs and Citigroup were among the firms that reported third-quarter earnings.…
What it says. Walmart heiress Olivia Walton aims to halve the U.S. maternal mortality rate in 5 years.
Olivia Walton, who founded Healthy Moms, Healthy Babies America, is using “every tool in the toolbox” to improve maternal health—and called on employers to ramp up their benefits.…
What it says. The AICPA recommends the IRS to clarify that Form 8050 will not be included in exempt organizations' tax return filings to protect sensitive banking information.
The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be included in exempt organizations' publicly available tax return filings. An AICPA letter said the change would reduce the risk of inadvertently disclosing sensitive banking information.…
What it says. RIA Founders Should Define Their Strategy and Talent Needs Before Considering M&A.
Awards Honor Veteran Third-Party Recruiters Louis Diamond, Frank LaRosa, Jeff Nash, Jodie Papike And Michael Terrana…
What it says. The Carson Group has appointed a former Goldman Sachs advisor to lead their employee advisor program.
Matt Humphrey, a West Point graduate and former Goldman Sachs advisor, will lead the employee advisor arm of the $65B RIA…
What it says. Learn how to avoid high taxes on your 401(k) savings and protect your Social Security benefits.
How to protect your Social Security benefits from high taxes.…
What it says. Two Firms Represented 68.3% of AUM of the 24 firms acquired in September.
News Featuring Anthropic, Envestnet, Orion, Jump, Ritholtz, Hadrius, Feathery, Robinhood, Betterment, Bento Engine, Cerulli, Vanilla And Amplify…
What it says. Trilogy Capital Acquires a $1 Billion Aviation-Focused RIA.
M&A By Cerity Partners, Trilogy, Merit, Aspen And Constellation; Recruiting By LPL And Ascentis; Ascentix Partners With PureFacts; SagePoint Launches; Wealthspire Adds Sports; Mercer Refinances; And Arax Promotes A COO…
What it says. MAI Capital has hired a veteran of Barron’s rankings to focus on recruiting independent advisors.
Carlyle-backed RIA hires Matt Barthel to target advisor lift-outs as wirehouse attrition climbs and independent firms vie for talent.…
What it says. Discover common account mistakes and how to avoid them to prevent late fees and penalties.
Guilty as charged a late fee.…
What it says. Co-owner of a $150M RIA discusses how outsourcing and managing client headcount helps keep costs down for a two-founder firm.
Welcome everyone! Welcome to the 511th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Ashlee deSteiger. Ashlee is the co-owner of Gunder Wealth Management, an RIA based in Birmingham, Michigan, that oversees approximately $150 million in assets under management for 100 client household…
What it says. New research highlights the need for more guidance on participant decisions in retirement plans.
New Allspring research finds 401(k) participants want guidance on income and rollovers, not just portfolio automation.…
What it says. Matthew McConaughey, despite his success, spent time reading 20 years of bad reviews, which he found had some merit.
Matthew McConaughey has an Oscar, an estimated $200 million net worth and a 'thick book' of 20 years’ worth of bad reviews: 'Some are really good critics'…
What it says. A family business owner is struggling to keep up with the growth of their company, which has reached $200 million in value.
The hardest thing to accept is that people who didn’t build this company alongside you can see things you don’t.…
What it says. Lawson Glidden, the president of Minus33, made record profits by focusing on his customers' needs, even if it meant taking time off work.
"If my sock doesn't fit just right, then when I get back from my hike, I go to the sock department," Minus33 President Lawson Glidden told Fortune.…
What it says. Crypto founders are learning to embrace AI, which they see as both a boon and a threat to their industry.
"We're the busiest we've ever been," says Blockaid co-founder Ido Ben-Natan.…
What it says. Alphabet's President Ruth Porat discusses Google's AI investments and the risks associated with AI technology.
Google is spending about $200 billion on its AI buildout this year, Porat confirmed at Fortune's Most Powerful Women Summit on Monday, and the peak is still around the corner.…
What it says. MassMutual's quick acquisition of Flourish's cash management services for its brokers highlights the importance of seamless integration in the RIA industry.
The Springfield, Mass., insurer was able to cultivate and flip (most of) the New York City startup faster than it was able to complete the piping of a vendor deal -- winning big bank cash balances was the unchanged common objective…
What it says. Alight Solutions reports a slight decrease in 401(k) trading activity in the third quarter of 2026.
Trading activity decreased modestly in the third quarter of 2026 despite mixed market results, according to Alight Solutions’ Third Quarter 2026 update to its 401(k) index.All four benchmarks Alight……
What it says. John McEnroe and Patty Smyth are listing their beachfront home in Malibu for $35 million.
The tennis legend and rock singer-songwriter are saying goodbye to one of their two houses in the exclusive Paradise Cove enclave.…
What it says. MAI has appointed Matt Barthel as the new head of strategic adviser recruiting.
The former editor oversaw Barron’s financial adviser rankings.…
What it says. Morningstar, TruChoice, and Zocks have launched AI products and services for insurance and annuity teams.
Morningstar launches Direct AI agentic software; TruChoice, Zocks offer AI tools to insurance, annuity teams; and Bento Engine launches MCP layer.…
What it says. Older Americans' increased financial confidence is bolstering consumer spending, according to recent data from the Federal Reserve and JPMorgan.
Boomers report more financial confidence as Federal Reserve and JPMorgan data show older households hold more wealth and draw more from investments.…
What it says. A retiree alleges their advisor withheld $600K through a real estate LLC, raising concerns about investment transparency.
$1.7M invested from an inheritance. Then the phone went dead.…
What it says. The SEC accuses Linqto's leadership of deceiving investors through a pre-IPO platform, potentially rigging prices.
The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.…
What it says. RIA M&A: Prime Capital, a private equity-backed but advisor-controlled firm, can provide liquidity to its shareholders without a controlled transaction.
Why PE firms are throwing money at them.…
What it says. RIA M&A: Prime Capital, a private equity-backed but advisor-controlled firm, can provide liquidity to its shareholders without a controlled transaction.
BNY Wealth’s Alicia Levine discusses recent market forces influencing portfolio decisions.…
What it says. RIA M&A: Prime Capital, a private equity-backed but advisor-controlled firm, can provide liquidity to its shareholders without a controlled transaction.
In corners of the $195 billion market for derivative-income products, the Neos funds are seen as pushing the boundaries of tax rules.…
What it says. Alignment Health Launches New Medicare Advantage Plan for Asian American Seniors in Los Angeles and Orange Counties.
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" />ORANGE, Calif., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage (MA) plan from Alignment Health, announced today that a new Central Health Harmony (HMO) Medicare Advantage plan …
What it says. Understand the potential impact of selling your home on your Social Security benefits before retirement.
Know the fate of your monthly check before you list your house.…
What it says. PLANADVISER is seeking nominations for its Retirement Plan Adviser of the Year award.
PLANADVISER is asking for help in identifying the best retirement plan advisers in the country. If you work with or know of a great plan adviser or plan adviser……
What it says. A couple discusses the financial stress of planning a family vacation, including research and costs.
A couple days before I published Broke Again At 49, my wife said going to Las Vegas over the long weekend would be a lot of fun. I had floated the idea a couple weeks earlier. Unbeknownst to me, she then spent several hours over several days researching hotels, flights, shows, and costs to make it […] The post The Sile…
What it says. Advisors can improve their marketing efforts by understanding what information prospects actually seek when choosing an advisor.
A crucial part of marketing is, put simply, doing more of what works and less of what doesn't work. But how can advisors know what is effective? Many advisors look to their prospect calls for the answers: who shows up, and what do they ask about? This is a helpful starting point, but it mayRead More... The post What In…
What it says. Two leading economists present a new portrait of the hidden fortunes of Main Street business owners, who are quietly rewriting the rules of wealth in America.
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What it says. A study on mortgage rate buy-downs provides insights for financial advisors working with HNW clients who may benefit from understanding these financial strategies.
FEEDBACK: If you have any questions or comments on this article, please contact the editor. Journal of Financial Planning: November 2015 Arthur T. Cox, Ph.D., is an associate professor of finance in the department of finance and the director of the Center for Real Estate Education at the University of Northern Iowa. …
What it says. A Bankrate analysis reveals that 87% of American borrowers overpaid on their mortgages, costing them an average of $3,343 annually, and potentially up to $65 billion annually across all mortgages originated since 2022.
Bankrate Research — 2026 You probably overpaid on your mortgage 87% of American borrowers did — not because better rates didn't exist, but because lenders had no reason to offer them. For the typical borrower, that's $3,343 a year. Across all mortgages originated since 2022: $65 billion lost annually. Bankrate measured…
What it says. The IRS provides monthly Applicable Federal Rates for federal income tax purposes, which are essential for advisors working with HNW clients.
Each month, the IRS provides various prescribed rates for federal income tax purposes. These rates, known as Applicable Federal Rates (AFRs), are regularly published as revenue rulings. The list below initially presents the revenue rulings containing these AFRs in reverse chronological order from the present back to J…
What it says. New IRS guidance on Health Savings Accounts and telehealth services impacts HNW clients' healthcare and financial planning.
For use in preparing 2025 Returns Go to IRS.gov/Pub969 for the latest information about Pub. 969. Telehealth and other remote care services. Public Law 119-21, July 4, 2025, amended Code section 223 to provide that: A Health Savings Account (HSA) eligible individual may have disregarded coverage (besides the high deduc…
What it says. A 21-year-old entrepreneur has put his college plans on hold to build a startup with his cofounder, raising $1 million in funding and awaiting visas to return to Singapore.
Raymond Loong Ng put his college plans on hold to build a startup in San Francisco.Provided by Raymond Loong Ng.At 21, Raymond Loong Ng put college on hold after his startup raised $250,000 from VC firm Afore Capital.He and his cofounder spent two months in a program in San Francisco, working on their startup.A subsequ…
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
“The house cost $385,000. With my savings, her $50,000 and a small mortgage, I was able to close.”…
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
“I presume these are sophisticated investors taking a profit.”…
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
“I also have $310,000 in an IRA and $46,000 in savings. My house is paid off.”…
What it says. Comedian James Austin Johnson portrayed Kevin O'Leary on 'Saturday Night Live' to satirize the controversial Utah data center project known as the Stratos Project.
James Austin Johnson portrayed Kevin O'Leary on "Saturday Night Live."Will Heath/NBC via Getty Images"Saturday Night Live" took on Kevin O'Leary and his data center."These things shouldn't be anywhere. That's why I'm building one in Utah," Johnson's O'Leary said.The real O'Leary is backing a giant data center project s…
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
There will be no Medicare Advantage plans in 181 counties in 2027, up from 67 in 2026.…
What it says. An author shares her experience with music lessons and how she chose not to impose similar experiences on her own children, offering insights for financial advisors on client education and family dynamics.
The author (not shown) said she started piano lessons in fourth grade, but didn't always enjoy them.Hakase_/Getty ImagesI loved being in the marching band in high school.I didn't love the practice that was forced on me from a young age, and neither did my husband.We waited until our three kids asked about music lessons…
What it says. Salesforce CEO Marc Benioff has renamed Salesforce's AIForce platform to SIForce, aligning with Donald Trump's campaign to replace 'artificial intelligence' with 'super intelligence.'
Marc Benioff said Salesforce's AIForce platform will be renamed SIForce.Bloomberg/Getty ImagesTrump called those who don't adopt the term Super Intelligence "the enemy."Marc Benioff said Salesforce's AIForce platform is becoming SIForce.Elon Musk also pledged to rename SpaceXAI as SpaceXSI.Donald Trump wants two letter…
What it says. An author's parents celebrated their 30th wedding anniversary with a surprise party, reminding them of their long and unexpected journey together.
The author's parents have been married for 30 years.Courtesy of the authorMy parents met as teenagers and celebrated their 30th wedding anniversary this year.My twin brother and I surprised them with more than 40 friends and relatives.Planning the party reminded me that my parents have a story beyond raising us.My pare…
What it says. An American woman's experience of pregnancy in France highlights cultural differences and personal preferences, touching on her desire to be back home.
There's a lot that I've loved about the French approach to pregnancy.Audrey BrunoI knew I'd likely have my first child abroad when I married a Frenchman and moved to France in 2021.So far, I've loved a lot about France's approach to pregnancy, including the use of midwives.However, I miss American traditions like baby …
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
High hopes for third-quarter earnings are outweighing concerns around interest rates and oil prices — but one expert warns markets have gotten “extremely complacent.”…
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
For four years, tech has been the answer to almost every question about this bull market.…
What it says. A personal story of how a family's move to Michigan for caregiving support for an Alzheimer's patient impacted their lives and community.
Courtesy of the authorMy mom moved us from Brooklyn to Michigan after my grandma developed Alzheimer's.I helped care for my grandma while my mom navigated caregiving as a single parent.Our cohousing community became an extended family that supported all of us.I spent the first years of my life on the brownstone-lined s…
What it says. A comparison of the cost and experience of visiting wineries in Paso Robles versus Napa Valley.
Paso Robles is my favorite hidden gem in California.Courtesy of JUSTIN WineryMy favorite hidden gem in California is Paso Robles, a central coast town filled with wineries.Paso Robles has much cheaper tastings than Napa. The average cost is $27, while it's $79 in Napa.There's also a range of great restaurants, from Mic…
What it says. A family's decision to live on the same property as their extended family and the benefits of this arrangement for their daughter.
We have our own house, but my husband and I live on the same property as my parents and siblings.Taylor BuntingMy husband and I live in a separate house on the same property where my immediate family lives.In total, nine family members and three dogs live in the two houses on our "family compound."We love spending time…
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
The big banks kick off earnings season on Tuesday, to provide a first read on the health of the economy in a rising-yield environment.…
What it says. A widow is considering whether to invest in a 30-year Treasury bond for her retirement savings.
Risk comes in many forms, even with “safe” investments.…
What it says. JPMorgan's Priya Misra suggests taking credit risk in high-quality companies as a once-in-a-generation opportunity in the fixed income space.
Why Priya Misra, a portfolio manager at the firm, is looking to take credit risk in high-quality companies.…
What it says. A former HSBC banker banned from regulated financial services for evading fares, highlighting the importance of compliance in finance.
Joseph Molloy was banned not only from working in regulated financial services but also from the railway operator.…
What it says. Billionaire SpaceX founder pledges $300 million to charity, showing a tax-smart way for the ultra-wealthy to give away their own company's stock.
New Treasury rules let the ultrawealthy send shares of their own companies to millions of kids, as long as the gift goes through a charity.…
What it says. A young boy's mom chose royalties over a large cash payment from Disney, showcasing the importance of long-term financial planning.
Jason Weaver's mom once backed Aretha Franklin. She bet on royalties over Disney's cash—and it's paid more than the $2 million he gave up…
What it says. Most security professionals underestimate phishing risks and are not fully prepared for AI-driven attacks, emphasizing the need for better training.
Most security pros surveyed call their company secure, yet 44% say an AI-driven phishing attack got through last year.…
What it says. XY Planning is seeing a surge in recruitment as RIA firms looking to avoid rollups are setting up their own solo practices.
The vampire squid may soon appoint a CEO with direct experience handling RIAs • DFA is not nearly in fire sale mode…
What it says. Micron and Nvidia AI chip stocks fall due to concerns about OpenAI's revenue.
OpenAI’s annualized revenue reportedly fell short of expectations — but analysts say that reflects differences in how the figure is reported, not weakness in AI demand.…
What it says. An analyst recommends buying Palantir stock, citing growth potential and competitive advantage.
Palantir’s total addressable market could get a lot bigger, while its business model should sustain its lead against competitors, an analyst says…
What it says. PepsiCo CEO announces that everything not related to growth will be cut from the company.
PepsiCo CEO Ramon Laguarta says that everything at the company that is not related to growth will not be part of the company.…
What it says. Recent tax cases highlight bold and arrogant individuals who secure repeat business through questionable practices.
How much a business will dig into its pockets for an accountant increases as the business scales — but not evenly, according a report.…
What it says. Orion introduces data access fees, sparking discussions on transparency and cost in the AI-driven advisory landscape.
The monthly Connected Ecosystem Support Fee has sparked debate over transparency, pricing models and who ultimately bears the cost in an AI-driven advisory landscape.…
What it says. Recent tax cases highlight bold and arrogant individuals who secure repeat business through questionable practices.
The IRS proposed rules that would let donors gift stock to Trump accounts and request comments on the strict minimum holding period for beneficiaries.…
What it says. AlphaCore acquires Blue Rock, a $400 million wealth management firm, in the latest deal for AlphaCore.
Building An Enduring Advisory Enterprise, Oppenheimer’s Athlete Wealth Hire, Dynasty On RIA Capital Choices, Envestnet’s Vestmark Deal And Berkshire On Wealth Management M&A…
What it says. DFA is not in a rush to sell, and the search for an M&A partner could take longer than expected.
Alan Moore and Michael Kitces are setting up solo XYPN shops at a booming, nearly two-a-day rate, and absolutely believe little RIAs have a 'scale' advantage, with nimble beating brute force as much as ever in wealth management.…
What it says. The book 'The Everywhere Millionaire' reveals that the wealth gap is narrowing as the rich are getting richer, with millions of households now in the millionaire bracket.
There are 137,000 households in America that control 15% of household wealth. The average wealth of this top 0.1% is around $200 million. According to The Wall Street Journal, the wealth for this group has risen nearly $15 trillion this decade alone. The rich are getting richer, as always. The good news is that so is e…
What it says. Higher yields on long-term bonds are not enough to compensate for risk, and keeping assets in cash remains the best approach for short-term investors.
Yields on intermediate- and long-term bonds are higher than they’ve been in more than 24 years. But is this a good time to buy in? When I last wrote about this topic about a year ago, there was close to a universal consensus that the Federal Reserve would cut interest rates at least once before the end of the year, lea…
What it says. The Claiming Age Clarity Act, a bipartisan bill that changes terms for Social Security claiming ages, is now on its way to President Trump for signature, offering retirees new terminology to understand their benefits.
One of the biggest decisions retirees make — when to claim Social Security benefits — would be described differently under a bill that may soon become law. The Claiming Age Clarity Act, a bipartisan bill that changes certain terms to describe the ages when a worker may claim Social Security retirement benefits, passed …
What it says. This article provides insights into how bond yields affect portfolio performance, particularly for high-net-worth clients, and offers a deeper look at historical data and implications for future investments.
The short version: in the 7 episodes since 1963 when the 10-year Treasury yield jumped 1 point or more in a year and the S&P 500 fell, 10-year Treasuries lost money all 7 times. One-month Treasury bills made money all 7 times. A 60/40 portfolio with Treasuries lost a median 6.6%, barely less than stocks' 7.4%; the same…
What it says. The AI boom is creating unprecedented wealth in Silicon Valley, with many employees of leading AI companies now holding significant stakes in their companies.
Live in Silicon Valley long enough and you’ll collect a closet full of shoulda’s. There is the time you ignored the Bitcoin white paper. Or the Twitter DM you missed that turned into a company that would’ve made you $100M. They are an inevitable, painful aspect of the tech industry. However, the AI boom is a particular…
What it says. This article provides practical tips for advisors to make their clients feel more comfortable and engaged during conversations, enhancing the overall client experience and relationship.
By: Brett and Kate McKay August 30, 2026 • Last updated: September 10, 2026 In: Social, Social Skills In the two-way dance of social interactions, there’s plenty you can do to act smoothly yourself — from smiling and giving good eye contact, to asking good questions and demonstrating genuine interest. But there are als…
What it says. Health savings accounts offer more than just medical expenses, including mental health and chiropractic care, and advisors can help clients navigate these new boundaries.
Health savings accounts cover a broad range of medical expenses, but the boundaries of what those tax-advantaged dollars can be spent on are not always clear. While copays, deductibles and dental work are commonly known eligible expenses, advisors say some unexpected costs, including chiropractic care, physical therapy…
What it says. This piece challenges the common perception of small talk, suggesting it may be more beneficial than previously thought, and encourages advisors to consider its value in client interactions.
I do not like small talk. And, honestly, it’s fairer to say that I despise it. I am often so utterly bewildered by small talk, in fact, that I wanted to write about how awful I find it—and share why we can all collectively agree to stop doing it, because it must be terrible for us (or at least me). Right? Unfortunately…
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