Industry News

Advisor Upside

Osaic Touts Advisor Addition Amid Commonwealth Talent Rush

Photo via Connor Lin / The Daily Upside

The firm is highlighting its potential advantages for advisors who might be on the fence about going to LPL Financial.

1 min read

Photo by Ablokhin via iStock

Advisor Upside

Investor Advocacy Group Criticizes FINRA’s Remote Inspections

They ‘undermine FINRA’s foundational mission of investor protection,’ says the Public Investors Advocate Bar Association.

2 min read
Photo via Chris Kleponis-CNP/Picture Alliance/Consolidated News Photos/Newscom

Advisor Upside

Trump’s ‘Big, Beautiful Bill’ Is a ‘Mixed Bag’ for Advisors

Some worry about adding to the already ballooning national debt, while others applaud extending the Tax Cuts and Jobs Act.

2 min read
Photo by Chad Stembridge via Unsplash

Advisor Upside

Advisors Scrutinize Bill to Ease Rules for Accredited Investors

The proposal is designed to give a larger swath of investors access to private offerings.

2 min read

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

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.