Asset-based fees remain dominant, fixed and hourly models gaining ground among RIAs
Data from the Investment Adviser Association’s 2025 industry snapshot show more than nine-tenths of firms charging fees based on assets,…
Mega-RIA Mariner and two other firms settle no-poach lawsuit for $25 million
About 5,000 former employees will be eligible to receive money from the settlement, which stems from class action allegations that…
Research highlights growing need for personalized retirement solutions as investors age
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
Wall Street’s months-long truce with Washington is shattering
Tariff shocks and a weak July jobs report triggered an inauspicious start to August, sparking volatility across the equity and…
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
US leveraged-loan sales soar to new high in record-breaking July
The junk debt market is looking hot for the summer as a drought in buyouts and demand for floating-rate debt…
Insured Retirement Institute urges Labor Department to retain annuity safe harbor
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association…
Fed rate cut back in play after July jobs miss with 73,000 added to nonfarm payrolls
Hiring slows in July as downward revisions and rising unemployment rate strengthen the case for a Federal Reserve rate cut.
LPL Financial sticking to its guns with retaining 90% of Commonwealth’s financial advisors
“We continue to feel confident about our ability to capture 90%,” LPL CEO Rich Steinmeier told analysts during the firm’s…
Mercer Advisors expands in Florida with $1.2B AUM next-gen team
It’s the mega-RIA firm’s third $1B+ acquisition in just three months.