AI exacerbates tech divide with smaller stocks languishing
Megacaps’ increase dominance, some small tech may become obsolete.
BofA’s Hartnett sees profit-taking in stocks after Jackson Hole
Winners could include gold, commodities, cryptocurrencies, EMs.
China’s economy slows sharply as trade war bites
Data shows a loss of momentum amid tariff impact.
RedBird’s sports playbook fuels RIA growth for $30 billion Arax Investment Partners
“RedBird’s pedigree investing in sports and media has been thematically an important part of what we’re building,” Arax CEO Haig…
At 90 years old, Social Security remains vital for most Americans’ retirement
A survey reveals seven in 10 expect it to be a source of income, while most non-retired respondents worry about…
Private debt funds are finding fewer deals to deploy capital
The Liberation Day bombshell to start the second quarter quashed hopes of a comeback, with tariff-induced volatility pushing managers to…
Intention.ly, AssetLink announce new AI to boost advisors’ organic growth
AI suite and patent for AI-driven financial matchmaking arrive amid growing importance of marketing and tech among advisory firms.
Lido Advisors taps former SEC leader Elena Ro as new compliance chief
The $30 billion RIA’s chief compliance officer and legal counsel comes with more than two decades of experience, including RIA…
How advisors overcome the private equity problem during divorce proceedings
Splitting private equity holdings can be tricky during a divorce settlement. Here’s how wealth managers deal with it.
Corient breaks M&A pause with $1.54B Texas acquisition
The RIA’s addition in Dallas, previously with Raymond James, comes just as the take-private deal between Corient’s parent firm in…