Online News for Financial Advisors, RIAs, Investment Advisors, Financial Planners & Wealth Managers

The New Fiduciary Rule Offers Carve-outs For Sales, But Be On Guard

Such activities need to be specific and scripted to avoid violations, an industry attorney warned.
Sanctuary Wealth Acquires Tru Independence, Creates $42B RIA Aggregator

The transaction was negotiated over the last several months.
Beacon Pointe's Growth Recipe Has No Room For 'Jerks'

The RIA consolidator has taken a steady, careful approach to its mergers and acquisitions.

Inside the
current issue

Young Advisors To Watch In 2024
By Eric Rasmussen and FA Staff
Our ninth “Young Advisors” list shows that advisors can win clients by showing individuality and resolve.
All-Cap Withdrawal Magic
By William P. Bengen
Could a less constrained allocation unleash higher withdrawal rates for retirees?
5 Steps To Improve Your SEO
By Susan Theder
If you want your advisory business to rank higher on search engines, follow these tips.
Humility In A Messy World
By Ross Levin
Advisors must understand that demonstrating certainty doesn't always work.
Who Is The Next-Gen Investor?
By Hannah Shaw Grove
Younger clients are changemakers who value impact and technology.
Don't Wait For The 'Great Wealth Transfer'
By Steve Gresham
Long before the assets move, important decisions are being made about you.
Diversity Should Still Be A Hiring Goal
By Jacqueline Sergeant
A panel of financial industry professionals said advisors need to get out of their comfort zone when hiring.

Why Wealth Management M&A Landscape Remains Active
By Bomy M. Hagopian
Here's a look at what's influencing the market today and what to expect going forward.
Heightened Cyber Risk: Are RIAs Ready?
By Gabriel Garcia, Steve Bomberger
Cybersecurity is going to be one of your responsibilities, and you might need help.
The Right Way To Incorporate AI
By Don Henderson
Simply adopting AI to stay ahead of the curve, without investing in data quality, can create nothing more than “smoke and mirrors.”
How To Help Clients When Markets Are Down
By Bryce Sanders
Advisors should call clients when markets are down to let them know they are paying attention to their investments.
Your Client's Retirement Anxiety Can't Be Cured Online
By Erin Lowry
When it comes to saving for their retirement, too many millennials rely on free advice they find on social media.

Bill Hwang On Trial: The Criminal Case Against Archegos's Founder, Explained
By Bob Van Voris
Hwang faces charges of fraud and racketeering conspiracy that could put him behind bars for life.
Schwab Charity Funnels $250 Million To Right-Wing Causes
By Emily Birnbaum
The donor-advised fund gave tens of millions to a group associated with conservative activist Leonard Leo.
Tailored Strategies And Positive Impact In Private Wealth
By Russ Alan Prince
Patrick Fruzzetti on how he and his team at Rose Advisors adapt their wealth management strategy to better serve clients.
It's Time To Prepare For When, Not If, AI Replaces Advisors
By Jerry D. Prince and Russ Alan Prince
Generative AI is a fast-moving megatrend that will transform the wealth management industry.
Musk Is Once Again Richer Than Zuckerberg As Fortunes Reverse
By Diana Li
Shares of Mark Zuckerberg's Meta dropped the most since October 2022 this week.

What's Driving The Global Gold Rush?
By Harold James
A recent surge in the gold price is symptomatic of a changing world order.
Look Carefully At Commodity ETFs Before Leaping
By Ron DeLegge
These funds are not all the same.
Musk Has Made Tesla A Meme Stock
By J. Bradford DeLong
Tesla shareholders are betting that they can sell their holdings to a greater fool in the near future.
Should Investors Sell In May?
By George Smith
April seems set to break a streak of five positive months for stocks that stretched from November through March.
It's Hard To Complain About Rising Wages, Unless You're The Fed
By Jonathan Levin
Strong labor-cost data for the first quarter is good for workers, fine for inflation but not great for interest rates.