Trump says he may allow lawsuit against Powell over Fed renovation
Threat follows President’s repeated criticism of the Fed chair over the central bank’s decision to hold interest rates steady
Latest US inflation report stokes mixed reactions
“CPI data that was in-line with expectations will not change the outlook for a September rate cut which was already…
SEC: Fractional life insurance policies considered an investment contract
A federal court’s decision puts fractional life insurance policies under SEC scrutiny, forcing wealth advisors to revisit compliance and sales…
EP Wealth, Independent Advisor Alliance announce C-suite hires
EP Wealth Advisors onboards a former Kestra leader as new chief product and tech officer, while IAA welcomes and LPL…
CEOs are hardly talking about a recession this reporting season
Despite recent data pointing to an economic slowdown, investors have remained optimistic on hopes of a just-in-time Fed rate cut.
Carson Group looks upmarket with new private client services offering
The $45 billion RIA firm has launched a program to support high-net-worth advisors, led by a 25-year veteran expert in…
The president’s executive order on alts for 401(k)s is absurd
The order from the White House would bend fiduciary principles to benefit the alternative investments industry alone, argues the Institute…
FINRA accuses Old Slip Capital CEO of $1.1M in unauthorized trades; request for preliminary injunction denied
A federal judge denied CEO and managing principal James Lukezic’s urgent bid to halt FINRA discipline over $1.1 million in…
Inflation edges up in July as investors eye BLS integrity
Shelter costs drove a modest CPI increase, while investors weigh data reliability and the Fed’s next move.
Labor Department withdraws annuity safe harbor rule after industry pushback
Industry group IRI hails regulator’s reversal as a win for financial professionals, plan sponsors, and retirement savers.