News

After almost a decade of fighting, the SEC and Ray Lucia finally settle

The "Buckets of Money" adviser can apply to work in the securities industry again

The post After almost a decade of fighting, the SEC and Ray Lucia finally settle appeared first on InvestmentNews.

What to Look for in a B/D’s Succession Planning Support

Advisors are increasingly reluctant to sell during this period of disruption and uncertainty without a greater level of commitment and ongoing support from their firms.

How to Make Goal Setting a Habit

Repetition is the key to aligning your conscious and subconscious mind.

Ex-Morgan Stanley diversity chief sues for alleged race discrimination

Marylin Booker accuses the company of failing to support black advisors and criticizes its use of mandatory arbitration to settle employee disputes.

Wells Fargo taps new head of wealth management group

Barry Sommers takes over for Jon Weiss, who was promoted earlier this year

The post Wells Fargo taps new head of wealth management group appeared first on InvestmentNews.

Steward Partners Attracts First Team to 1099 Model

The firm has added Plaza Advisory Group, an advisor team with $1.2 billion in client assets, the first to join its new independent contractor model.

Carson Wealth affiliate acquires $126 million RIA

Boston-area RIA Atlantic Capital Management has been bought by Andrew Nigrelli

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Merrill Lynch team managing $525 million moves to Raymond James

The seven-member group in Coeur d’Alene, Idaho, joins the firm’s employee unit

The post Merrill Lynch team managing $525 million moves to Raymond James appeared first on InvestmentNews.

WisdomTree files with SEC for bitcoin ETF

The fund would provide broad-based exposure to four commodity sectors through futures contracts, according to the filing.

Mastering the podcast: Jumpstart your content creation

11 easy-to-execute content ideas to help you reach your audience.

Evolution or Revolution – Buffer ETFs to Capitalize on Market Opportunities

Now Available On Demand

Crisis Lessons Drowned Out as $4 Trillion ETF Market Booms

As inflows soar and market dislocations vanish, America’s exchange-traded fund market is back to the boom times -- consigning to history two major disruptions of the pandemic crash.

Wall Street Greets WisdomTree’s Bitcoin ETF Plan With Doubt

WisdomTree Investments plans to launch a fund that could invest as much as 5% of its net assets in Bitcoin futures traded on the Chicago Mercantile Exchange.

One Month of Fed ETF Buying Redraws $4 Trillion Market Contours

The degree to which the fixed-income ETF landscape has stabilized is just another example of how powerful the Fed’s interventions have been in soothing -- and stoking -- financial markets.

Got Oil? Energy ETFs Dominate Funds With Best Returns Over Past 3 Months

Funds focused on oil and energy, precious metals, biotech, online retail and technology all outperformed in the past three months.

Got Oil? Energy ETFs Dominate Funds With Best Returns Over Past Three Months

Funds focused on oil and energy, precious metals, biotech, online retail and technology all outperformed in the past three months.

Cresset acquires PagnatoKarp to form Top 25 RIA

The two firms have a combined $9.5 billion in assets under management

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Addepar taps BlackRock exec as CTO

Ruchir Swarup becomes the firm's chief technology officer after almost 20 years at the asset manager

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Misinformation about private equity ownership distracts advisers at vital time

Here are key questions advisers should ask when assessing a firm owned by private equity

The post Misinformation about private equity ownership distracts advisers at vital time appeared first on InvestmentNews.

Coronavirus boosts insurance demand, creating a tailwind for fintech

Companies that connect advisors and carriers are seeing a surge in use.