Industry News

Industry News

Inside Goldman’s New Private-Public Model Portfolios

Photo by Ken Lund via CC BY-SA 2.0

The new products will help RIA firms tailor investments to the needs of their advisors and end clients.

2 min read

Photo via LPL Financial

Advisor Upside

LPL Seeks to Raise $4B in Fresh Capital

It’s the first significant move under new CEO Rich Steinmeier, who took over from longtime chief executive Dan Arnold in October.

1 min read
Photo by US Department of Labor via CC BY 2.0

Advisor Upside

Trump DOL Expected to Abandon Fiduciary Rule, Again

The Department of Labor was granted a 60-day pause by a federal judge to review its appeal in two court cases.

1 min read
Photo by RDNE Stock Project via Pexels

Advisor Upside

Brokerages Up the Ante on Advisor Loans

The independent broker-dealer LPL reported $2.3 billion in net advisor loans last year, up a whopping 53% from 2023, per an SEC filing.

1 min read

Advisor Upside

Advisors Weigh In on FINRA’s Side Hustle Rule Proposal

Photo by Louis Hansel via Unsplash

Wealth managers and firms say FINRA shouldn’t have a say in their part-time jobs and personal investment activity.

2 min read

Advisor Upside

Social Security Backs Off From 100% Clawbacks

Photo by Veronique D via iStock

A plan to withhold all benefits until historical overpayments are recouped was scrapped in favor of a 50% rate.

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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