The impact of the decision 6-3 of the Supreme Court in SEC v. Jarkesi, Limiting the panel's use of in-house judges is likely to have long-term ramifications, with securities lawyers speculating that SEC settlement offers could increase and state regulators could rein in cases that previously would have directed by the federal regulator. The Supreme…

Financial advisors face a critical challenge: embracing new technologies to stay relevant with younger, tech-savvy clients. Although 70% of new business is based on referrals, 81% of consumers first turn to online research, highlighting the need for robust CRM systems. In addition, studies show that up to 88% of heirs do not consider their parents'…

At a recent TPSU training program, Jonathan Dues of Fisher Investment made the case for managed accounts. One plan sponsor asked why she needed it, after her retirement plan advisor provided guidance to her employees. Why incur additional costs? The reality is that even a well-intentioned HRD with significant resources cannot work effectively with every…

Robinhood Markets Inc. agreed to buy artificial intelligence research platform Pluto Capital Inc. to bring more tailored investment strategies and analysis to retail brokerage users. Founded by Jacob Sansbury, 24, Pluto is best known for its AI-driven personalized investment advice and real-time analytics. Terms of the deal were not made public. “They have built an…

(Bloomberg) — BlackRock Inc . to buy private equity database provider Preqin for £2.55 billion ($3.2 billion) in cash as the world's biggest money manager accelerates its efforts to become a major player in assets alternative. The acquisition deepens BlackRock's ability to oversee risks and analyze data in fast-growing markets for private assets, and also…

Amid a range of topics at this week's Morningstar Investor Conference in Chicago, including the future of the financial advice business, the outlook for stocks and bonds and advisor technology, there was a strong undercurrent of advisors and asset managers grappling with whether and how to deploy private investment strategies in the wealth space. In…

Fidelity Investments has added six new strategies to its list of separately managed accounts. Half of the new SMA strategies focus on fixed income and the other half on equities. The latest releases bring the Fidelity SMA count to 14. “SMAs are an important offer for us. They have a lot of appeal for investors…

Institutional family offices have become a major force in public and private markets. They have grown in size, sophistication and influence. Their needs are increasingly global, complex and multifaceted. They are often key indicators of the most interesting and exciting investment trends, but also rely on experienced advisors for custom investment opportunities, curated content and…

In 2020, future advisor Rianka Dorsainvil merged her financial planning practice with that of financial planner Lazetta Braxton to create the registered investment adviser firm 2050 Wealth Partners. This week, the two have split from each other, launching their own RIAs. Dorsainvil said that when she returned from maternity leave in December 2023, the women…

(Bloomberg) — Shadows over artificial intelligence, the eagerly awaited launch of Bitcoin funds and billions of dollars flowing into the stock market's seemingly unstoppable rise: ETFs have seen it all and been the beneficiaries so far. this year. First, exchange-traded funds have taken in more than $400 billion, the most in nearly three years. Investors…