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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.

It's Time To Prepare For When, Not If, AI Replaces Advisors

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Generative AI is a fast-moving megatrend that will transform the wealth management industry.

The Fed's Quantitative Easing Program Cost Too Much

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The total bill could exceed $500 billion. A proper evaluation should make the next one less expensive.

America's Frustrating Search For A Soft Economic Landing

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Taming price pressures in the U.S. economy may require a mild downturn

The End Of Magical Debt Thinking

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With higher interest rates, the idea that any economic problem can be solved with more government borrowing has become untenable.

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.

Commodity ETFs Pull In Most Cash Since 2022 On Sticky Inflation

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Commodity bulls argue that strong underlying consumption ultimately means the sector will benefit.

Investors Are Increasingly Interested In A Novel Type Of Weather Insurance

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“Parametric insurance” provides payouts that are triggered by a predetermined parameter.

Goldman Sees Momentum Traders Buying Stocks In Every Scenario

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Funds that use systematic strategies to trade futures contracts are exposed to about $106 billion in long positions.

Labor Costs Rise By Most In Year In Sign Of Wage Pressures

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The index that measures wages and benefits increased 1.2%.

Why Wealth Management M&A Landscape Remains Active

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Here's a look at what's influencing the market today and what to expect going forward.

Advisors Need To Rethink Their Diversification Strategies, Morningstar Says

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It's time to look past old reliables like real estate and high-yield bonds, a new Morningstar report says.

Ex-Ameriprise Advisor In Texas Gets 5 Years For Stealing $1.2M From Clients

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Dusty Sternadel tricked her mostly elderly clients into cutting checks that she deposited into her personal accounts.

Heightened Cyber Risk: Are RIAs Ready?

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Cybersecurity is going to be one of your responsibilities, and you might need help.

Retirement Optimism Is Returning To The Workforce, EBRI Says

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After retirement confidence fell off a cliff in 2022, rising wages may be boosting spirits, researchers said.

Fidelity: Inflation May Be Down, But It's Not Out

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The firm's lead inflation analyst thinks 3% inflation could linger long term.

The Right Way To Incorporate AI

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Simply adopting AI to stay ahead of the curve, without investing in data quality, can create nothing more than “smoke and mirrors.”

In-Demand Workers Are Staying Put As Labor Market Cools

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The slowing churn may be good news for the Federal Reserve.

States Are Eyeing A New Tax On The Wealthy Who Move Away

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The "exit tax" would be slapped on wealthy taxpayers who move to another state.

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