Industry News

Advisor Upside

Goldman, Morgan Stanley, JPMorgan Layoffs to Hit Northeast

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

2 min read

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Advisor Upside

RIA Headcount, AUM Shattered Records in 2024

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
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Advisor Upside

Vanguard’s Latest 10-Year Forecast Pits Global Debt vs. AI

The research found the traditional view of 2% annual growth in GDP isn’t likely to pan out.

2 min read
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Advisor Upside

Why Big Brokerages Like UBS, Goldman and JPMorgan Are Ditching Their Robo-Advisors

A fundamental challenge for robo-advisors, at big brokerages and independent shops alike, has been the razor-thin margins.

2 min read

Advisor Upside

LPL Taps Anna Kendrick in Latest Ad Campaign

Photo by Gage Skidmore via CC BY-SA 2.0

While LPL traditionally marketed to advisors, the new effort aims to make its name more recognizable to everyday investors.

1 min read

Advisor Upside

Social Security Backs Off From 100% Clawbacks

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

2 min read

Advisor Upside

Will Vanguard Launch Its Private Investments the ‘Vanguard Way?’

Photo via Connor Lin / The Daily Upside

The world’s second-largest asset manager has been known for taking a low-cost approach to investing over its 50-year history.

2 min read

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