News

Raymond James to Purchase Retirement Plan Administrator NWPS

The acquisition, which comes in the wake of the SECURE Act, will bring more retirement services to Raymond James’ 8,200 advisors.

Indie managing $122 million switches to Cetera from LPL

Pierson Wealth Management is based in Santa Clarita, California

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JPMorgan enters green ETF arena with carbon fund

The passive fund tracks a gauge that screens the Russell 1000 Index for companies trying to reduce their carbon footprint

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Last chance to cut taxes: COVID-19 breaks lapse at year-end

It's typically advised to shift income into the future to reduce tax bills for the current year. But experts say that may not be the best approach.

Wealthies Circle Podcast: Managing Financial Risk with Riskalyze

Riskalyze CEO Aaron Klein introduces the firm’s digital technology designed to help financial advisors and their clients manage risk.  

Restaurants Are Setting Up Shop in Empty Hotel Suites

From Brooklyn to Minneapolis, turning are turning empty hotel suites into private dining rooms for small groups.

Michael Kitces #FASuccess Podcast: How to Build Your Business Without Prospecting with Blair duQuesnay

By design and her choice, Blair duQuesnay doesn’t actively prospect for business and instead focuses on the client relationships and the investment committee work she enjoys most.

Fidelity had ‘locker room’ culture, ex-employee says in lawsuit

An employee who left in 2018 said she experienced a barrage of racial and sexual antagonism while at the firm, such that “it is not possible to list all of the comments and conduct in one document."

Manhattan Apartments Haven’t Been This Cheap to Rent in 10 Years

The median apartment rent in the borough fell by 22 percent in November compared to a year earlier.

Riskier Cousins of ETFs Are Shutting Down Like Never Before

So far this year, 54 exchange-traded notes have either liquidated or delisted, the most in a single year on record.

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin

JPMorgan is one of the few Wall Street banks that’s predicting a major shift in gold and crypto markets as digital currencies become increasingly popular as an asset class.

Cooling Credit Appetite Spurs $1.3 Billion Exit from Giant ETF

BlackRock Inc.’s $56 billion iShares iBoxx $ Investment Grade Corporate Bond (LQD) -- the largest credit ETF -- posted an outflow of $1.3 billion on Tuesday, the second-largest outflow for the fund.

50 RIAs sign with RBC’s custodian in wake of Schwab-TD deal

The firm’s new business highlights the beginnings of a shift in the custody marketplace due to a series of consolidations.

A Look at the Latest ETF Launches

From MOON to LUXE, here's a run-through of the newest ETFs to hit the market.

New York pension fund pledges net-zero emissions by 2040

The fund also said it may divest from the riskiest oil and gas companies by 2025

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PreciseFP Integrates With AdvicePay

The bidirectional integrations make setting up clients on AdvicePay simple for advisors using PreciseFP.

Vestwell, Envestnet partner to create turnkey retirement plans

Record keeping will be done by Vestwell, investing by Envestnet

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The Surprising Growth Opportunities in the Student Housing Sector

Current demand for housing around Tier One universities is heavy, despite the COVID-19 pandemic.

Broker-dealers at convergence of wealth and retirement

The recent RPA Convergence Broker-Dealer Roundtable and Think Tank highlighted opportunities and challenges

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Social Security expert follows her own advice

I filed for my Social Security benefits online and you can, too

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