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Advisor Upside

Social Security Insolvency Looming Closer Than Expected

Photo via imageBROKER/Jim West/Newscom

The Social Security trust funds will only be able to pay out 77% of benefits by 2034, a new report from the administration found.

2 min read

US Senator Bill Hagerty. Photo via Aaron Schwartz/Sipa USA/Newscom.

Advisor Upside

What the GENIUS Act Means for Stablecoins and Advisors

The bill would require tokens to be backed by liquid assets including the US dollar and short-term Treasury bills.

2 min read
Paul Atkins, Chairman of the U.S. Securities and Exchange Commission. Photo via Michael Brochstein/Sipa USA/Newscom.

Advisor Upside

What the SEC’s Scrapping of Biden-Era Proposals Means for Advisors

The agency unveiled a series of senior-level appointments while also nixing 14 rules proposed during Gary Gensler’s time in charge.

1 min read
Photo by David Jones via Unsplash

Advisor Upside

Goldman, Morgan Stanley, JPMorgan Layoffs to Hit Northeast

The major Wall Street firms plan to lay off hundreds of workers in June.

2 min read

Advisor Upside

RIA Headcount, AUM Shattered Records in 2024

Photo by Getty Images via Unsplash

Just under 16,000 RIA firms employed more than 1 million non-clerical workers managing a total of $144.6 trillion in assets.

1 min read

Advisor Upside

LPL Soars on First Earnings Beat After Commonwealth Deal

Photo by Michael Vi via iStock

Shares of the country’s largest independent broker-dealer surged 13% over the past week.

2 min read

Advisor Upside

CFP Board Raises Renewal Fee by 26%

Photo via Connor Lin / The Daily Upside

The group will increase its certification fees to $575 to support its public awareness campaign and marketing efforts.

2 min read

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