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Why Schwab Hiked Minimum Assets to $5M for Client Referral Program

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The discount brokerage had already increased client asset minimums from $500,000 to $2 million earlier this year without any adjustments in more than two decades.

2 min read
Advisor Upside

Money Markets Are Still Having a Moment

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Retail investors have poured more than $3 trillion into money market funds amidst market uncertainty and falling bond yields.

2 min read
Semiconductors

Nvidia Invites Investor Scrutiny of Capital Spending With Perplexity Talks

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Nvidia is putting its massive cash flow to work, with The Information reporting that the chip-maker is in talks to invest in Perplexity.

1 min read
Energy

Exxon to Boost Crude Output by Automating Permian Basin Rigs

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Two of the company’s rigs in the Permian Basin are now fully automated and it wants to automate as many as 15 by 2028, per Reuters.

2 min read

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Getting a Little Defensive? Investors Tiptoe into Utilities, Low-Vol Funds

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2 min read
Finfluencers Sell Expensive Advice, Often Without the Finance Chops to Back It Up

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2 min read
Reflection Wants to Deliver America’s Most Powerful Open-Weight AI

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2 min read

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