Financial advisor news, market insights, and practice management essentials.
Artificial intelligence may be one of the fastest-growing tools in business, but don’t tell that to the compliance department.
Assets under management for RIAs rebounded sharply last year, and not just because of the markets’ blistering performance.
The jig may be up for cash sweeps, which have long been one of Wall Street’s most lucrative — and hush-hush — revenue streams.
Because women typically outlive men, approximately $9 trillion of the wealth transfer is projected to fall to them in the coming years.
The conservative manifesto, called Project 2025, unveiled plans to cut several government offices including Finra.
Morgan Stanley’s performance was held down by its wealth management division and a Federal Reserve that is stuck in neutral on rate cuts.
Stocks generated a healthy 12% annualized return over the past decade, but AUM fees may come into question in a downturn.
CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.
For all the money flooding into AI, it could tackle more pressing issues than teaching robots to flip burgers.
The Federal Reserve is considering changes that would soften the global systemically important banks surcharge and free up assets for banks.
It took more than a decade, but fund fees may have finally hit their lowest possible levels, according to the latest Morningstar research.
Envestnet is one of the largest wealth management software companies in the US and serves approximately one in three financial advisors.
The nation’s wealthtech startups are not only benefiting from a growing middle class, but also looking to court some of the country’s wealthiest…
Digital media is having an impact on advisors and making it more difficult to provide financial advice.
Buffered ETF strategies can help financial advisors and money managers navigate cash positions as interest rates edge higher.
Artificial intelligence has graced us with a tech-heavy stock market, but it still remains dicey territory when it comes to investing.
The Zurich-based bank joins a growing list of wealth management’s elite, including JPMorgan and Goldman, to focus on the wealthiest investors.
The BlackRock deal highlights a move by some of the world’s largest asset managers into the very private world of private markets investing.
A class-action lawsuit filed by a former Morgan Stanley customer revolves around cash sweeps that earn additional income on uninvested cash.
