Financial Advisor

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Biden DOL Nominee Is Headed For A Senate Vote (Again)

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Julie Su's work to limit independent contractors has drawn criticism from advisor groups.

Trump Eyes $4 Billion Stock Windfall As His Legal Bills Pile Up

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A rally in a stock tied to Trump Media & Technology Group has minted him a windfall.

U.S. Home-Buying Demand Nears Worst Since 1995 With Rates Above 7%

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A gauge of U.S. applications for home purchases dropped for a fifth week.

Flawed Valuations Threaten $1.7 Trillion Private Credit Boom

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Fund managers in this market are often valuing their loans more generously than others do.

Capital Group Says 'Gentle Bubble' Is Forming in U.S. Tech Stocks

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The firm is shuffling stakes in U.S. tech names amid a rally in megacaps.

How Much Wealth You Need To Join The Richest 1% Around The World

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Breaking into the top 1% of wealth in the U.S. is getting harder.

ETFs In Nuclear Power Thrive

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The search for greener energy and advances in technology have led to renewed interest in nuclear power.

Nearly 9,700 Series 7 Advisors Changed Firms in 2023, Report Says

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IBDs saw small gains while wirehouses suffered attrition.

Sergey Brin Sued Over Deadly Crash Of His Fiji-Bound Seaplane

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The Google co-founder is facing a wrongful-death suit from a pilot's widow.

Chicago's Contentious Mansion Tax Vote Struck Down By Court

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The mayor's plan to increase taxes on real estate transactions of $1 million and over was struck down.

Aston Martin's Most Expensive Supercar Costs Up To $450,000 To Service

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The Valkyrie hypercar will set buyers back at least $3 million. Then there's the upkeep costs.

Stratos Wealth Lands Calif. Firm With $700M In AUM

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Pettinelli Financial Partners joins Stratos from Osaic. The firm's founder sought a succession plan.

Bridgewater Hit With Second Favoritism Claim Over CEO's Romance

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Jeff Gardner, a partner, was fired in December after working at Bridgewater for almost three decades.

How Do You Profit From Bitcoin ETFs? Investors Face Dilemma

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Buying and holding bitcoin has major drawbacks.

Cathie Wood Can Only Watch As Nvidia Rides AI Wave She Foresaw

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Wood's flagship ETF is missing out in epic fashion on one of her favorite themes.

Investors Piled Into ETFs To Bet On Nvidia's Earnings. It Paid Off

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Nvidia is delivering a bonanza to investors who piled into a handful of ETFs.

How KKR Helped JPMorgan Seal A Key Victory Over Private Credit

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A healthcare buyout shows the lines between banks and private lenders are getting blurred.

Anti-ESG Groups Take A Victory Lap As Asset Managers Flee

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Pimco joins JPMorgan Chase, State Street and BlackRock in a capital flight from an ESG coalition.

Advyzon-Apex Team Up To Merge Client Service And Custody Platforms

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The integration promises to save RIAs time on task-switching, the firms say.

Morgan Stanley Suit Isn't About Money, Billionaire Mike Ashley Says

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Ashley said the bank acted unfairly during a margin call.

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