Convergence, Small Plan Explosion and Wealth Advisor Activation Dominate RPA Broker/Trader Roundtable The convergence of wealth and workplace retirement and the explosion of small 401(k) plans are colliding to create a powerful wave that savvy broker/dealers are riding. Not only are more wealth advisors interested in defined contribution plans as they see how they can…

On August 27, the owners of the National Football League voted to allow pre-selected private equity firms to buy up to 10% stake in its teams. The NFL was the last resort among North American sports leagues to spark passive private equity ownership. This development will allow the private equity investors named in the deal…

Nine RIAs will pay more than $1.2 million to settle charges that they violated the SEC's marketing rule, according to the commission. It's the latest in several enforcement actions this year related to the rule that took effect in 2021. The fined firms include Network of Integrated Advisors, Advisors Richard Bernstein AND Abacus Planning Grouppaying…

With the Fed moving into a rate cut cycle, investors will more than likely witness allocation changes in fixed income portfolios. The Fed's rate cuts will occur in a landscape where fixed income yields are at readings that an entire generation of investors have never experienced before. Join this webinar to learn how WisdomTree is…

Leo Kelly, founder and CEO at Verdence Capital Advisors, joins Zephyr Market Strategist Ryan Nauman to discuss how the relationship between financial advisors and clients is becoming more sophisticated as client demands become more complex. During this informative talk, Leo shares his thoughts on how artificial intelligence can help improve the evolving client-advisor relationship. It…

(Bloomberg Opinion) — U.S. consumers have surprised many economists this year by continuing to spend even as their savings shrink and the job market cools. They have been helped in part by pockets of deflation that have increased their purchasing power for things like gasoline, automobiles and airline tickets. But with the personal savings rate…

(Bloomberg) — Justice Samuel Alito is the only member of the U.S. Supreme Court with stakes in more than two dozen individual companies, a distinction that threatens to sideline him from major business issues. Alito or his wife own tens of thousands of dollars worth of stock in companies including Raytheon Co., ConocoPhillips and a…

Changes in government policy rarely affect all social classes equally, especially when they relate to the economy. For example, new tax structures often seek to improve conditions for one class while raising rates for another, and regulatory policy changes tend to increase advantages for one class while burdening another. Many of the changes being discussed…

A first-time Olympic medalist's life is almost certain to change a lot after a monumental victory—along with recognition and medal(s) comes prize money and endorsement deals. But in addition to hiring a team or public relations manager to keep up with their appearances and deals, many athletes should also consider hiring a wealth advisor or…

Even divorces are often messy affairs BEFORE the allocation of financial resources begins. The fundraising process inevitably complicates matters further, especially in high net worth divorces. The diversity and value of assets brings new levels of complexity, requiring careful asset protection strategies. Estate managers bring a unique combination of expertise and experience that many matrimonial…