Industry News

Advisor Upside

Dynasty’s Shirl Penney on Hurricanes and the American Dream

Photo via Dynasty Financial Partners

The CEO of Dynasty Financial Partners landed new funding from top financial services firms as a hurricane barreled down on his Florida home.

2 min read

Photo by Lo Lo via Unsplash

Advisor Upside

Top 25 Broker Dealers Manage 93% of Assets: Cerulli

Consolidation among broker dealers is having significant impacts on the industry and it’s not expected to slow down anytime soon.

1 min read
Photo by Mikhail Nilov via Pexels

Advisor Upside

CFA Final Exam Success Rate Drops to Below 50%

The pass rate for the notoriously taxing final level of the chartered financial analyst exam fell further below the decade average of 52%.

2 min read
Photo via Connor Lin / The Daily Upside

Advisor Upside

What Fidelity’s Data Breach Means for Advisors

Experts believe the perpetrator used tokens to access the personal information through improperly configured third-party code.

2 min read

Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

Photos by Ikechukwu Julius Ugwu and Nick Sarvari via Unsplash, Daveynin via CC BY 2.0, and Michael Vi via iStock

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read

Advisor Upside

JPMorgan Wants In on the Great White North

Photo by Wladyslaw via CC BY-SA 3.0

The bank’s asset management arm has made two ETFs available on the Toronto Stock Exchange, and plans to grow staff in Canada.

1 min read

Advisor Upside

Sen. Warren Blasts Advice Industry Over ‘Kickbacks’

Photo by Gage Skidmore via CC BY-SA 2.0

Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.

2 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

Vanguard Sets Sights on Active Fixed Income

Vanguard CEO Salim Ramji sees massive opportunities in active fixed income, and said it will play a larger role in retirement saving.

2 min read
Photo via Connor Lin / The Daily Upside

Advisor Upside

Creative Planning Sells Minority Stake to TPG

TPG acquired a minority stake in one of America’s largest independent wealth managers, which could put the advisor’s valuation at $15 billion.

1 min read
Photo by Mika Baumeister via Unsplash

Advisor Upside

Behind the SEC’s WhatsApp Crackdown

The SEC has dished out more than $3 billion in fines regarding off-channel communications, with another 11 firms getting dinged this week.

2 min read

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