FA News

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Bitcoin ETFs Flash Sign Of Stress As Discounts Reach Records

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Amid a token slump, some of the largest bitcoin ETFs saw big discounts to asset value.

Baird, CAIS Expand Partnership To Offer Alternatives Access

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The expanded platform gives advisors more access to alt investments off the platform.

The New Fiduciary Rule Offers Carve-outs For Sales, But Be On Guard

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Such activities need to be specific and scripted to avoid violations, an industry attorney warned.

BIP Wealth Acquires $300M Money Advisor Group

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The Money Advisor Group raises BIP's assets to $3.3 billion and expands its Georgia footprint.

MassMutual, Advisor Wage Court Battle Over Finra's Arbitration Jurisdiction

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A federal court is being asked to decide who should arbitrate the company's non-compete complaint against the former rep.

LPL Adds Ex-Cambridge Duo With $200M In Assets

by FA Staff

Timothy Heisterkamp and Max Neese operate Journey Financial in Jefferson, Iowa.

Only 26% Of Americans Have Created An Estate Plan, Survey Finds

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Wealthier people, especially males and those with an advisor, are the likeliest to have a plan.

Ex-Advisor Indicted On Multimillion-Dollar Fraud Scheme

by FA Staff

Craig Allen of Atlanta used his hedge fund to scam investors of more than $7 million, prosecutors said.

Sanctuary Wealth Acquires Tru Independence, Creates $42B RIA Aggregator

by FA News

The transaction was negotiated over the last several months.

RBC Capital Fined More Than $700K For Finra Violations

by FA Staff

The firm must pay fines and restitution for violations on trade confirmations and customer credit.

JPMorgan's Global Head Of ETF Solutions Bryon Lake Exiting Firm

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Lake has led the asset manager's ETF effort globally.

Pot Stocks Surge On Report DEA Set To Reclassify Marijuana

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Such a move could eliminate some taxes in the cannabis industry.

Actively Managed Funds Hemorrhage Client Cash In ESG Upheaval

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Passive ESG funds have proven to be more appealing to investors, according to Morningstar.

A Drought Of Treasury Bills Risks Muddying End Of Fed's Balance-Sheet Tightening

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Traders are wary that the dwindling amount of notes available could fall far short of demand.

Rogoff Says Markets Will Thwart Any Political Pressure On Fed

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Market reactions would throw a "cold bucket of water" on any president who tries to manipulate the Fed, he said.

LPL Snags $860M Dallas Team From Lincoln Financial

by FA Staff

LPL's recruitment of Dallas-based Strategic Wealth comes ahead of Lincoln's purchase by Osaic.

Wall Street's 'Macro Agnostic' Tech Trade Shatters ETF Records

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Big tech companies are being viewed by investors as shares that can withstand anything the economy throws at them.

Beacon Pointe's Growth Recipe Has No Room For 'Jerks'

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The RIA consolidator has taken a steady, careful approach to its mergers and acquisitions.

Focus Financial Taps Michael Nathanson As CEO

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Nathanson will also continue his role as CEO of The Colony Group.

Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling

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The 11 U.S. spot bitcoin ETFs have seen outflows of $182 million this month.

1 2 3 4 5 6 7 8   [2031]