Disability can affect anyone—young or old—and can come on suddenly, such as in the case of an unexpected accident or debilitating health condition. Putting the right estate planning tools in place can ensure that an individual's wishes are respected and their assets are properly managed if they become incapacitated. This article will discuss the key…

Amid the market fury in recent days, some wire advisors are telling clients to “buy the dip,” FundFire reports. The disappearance of a popular trade borrowing in yen and investing in other currencies is one culprit for increasing market volatility. These are among the investment must-reads we found this week for wealth advisors. WealthManagement.com |…

The SEC is looking into Morgan Stanley's money laundering programs, according to the regulatory report it filed with the regulator on Monday. The firm's quarterly filing says that it has been “engaged and responding” to requests for information from the commission's Division of Enforcement since April regarding “advisory cash balances involved in affiliate bank deposit…

The registered investment advisory space reported 61 M&A deals during the second quarter, up from 65 sequentially and up from 57 in the year-ago period, an unusually slow period, according to DeVoe & Company's Recent Deal Book. During the first half of this year, there were 126 transactions in the space, up 5% from a…

Sound Income Strategies Founder and CEO David Scranton joins Zephyr Market Strategist Ryan Nauman to discuss all things income investing. During this engaging conversation, David shares his insights on spotting value traps, what's driving the current rotation in value and small-cap stocks, and his view on opportunities in fixed income. It also shares a great…

Sponsored by In this episode of the RIA Edge Podcast, David Armstrong, editorial director for Informa Connect's Wealth Management Group, talks with Michael Conway, founder and CEO of Conway Wealth, about their bespoke approach to wealth management services for the high net worth market. The firm has a unique process for understanding clients' values ​​and…

A Massachusetts-based adviser is suing Hightower, accusing the firm of trying to fire him because of his age. Glenn Frank filed suit in Massachusetts state court last week against Hightower Holdings and Lexington Wealth Management, the firm he has worked for since 2010, according to SEC filings.Hightower bought the firm in 2019 through a strategic…

Fintech platform provider (and RIA owner) Savvy Wealth has closed a $26.5 million Series A funding round, fueled by a $15.5 million funding push led by venture capital firm Canvas Ventures. The firm plans to use the funding to expand its AI-powered technology platform, increase the expertise of its product and development teams, and expand…

DEALERS plowed billions dollars betting on a big rebound in tech stocks last month. Now their leveraged ETF positions are being destroyed in the sweeping market meltdown. Even as the Nasdaq 100 Index fell in July, money continued to flow into funds with significant exposure to companies such as Nvidia Corp. and Intel Corp., indicating…

Focus Financial Partners, the New York-based RIA aggregator, is continuing to consolidate by merging HoyleCohen, a San Diego-based partnership firm with $3.6 billion in assets under management, into The Colony Group. The deal is expected to close in the third quarter. HoyleCohen was created in 2001 when Kevin Hoyle and Joe Cohen merged their financial…