Here are the 2027 capital-gains tax rates for each income level
What it says. Here are the 2027 capital-gains tax rates for each income level
How much will you pay in capital-gains taxes next year? The IRS just released this crucial information.…
Edward Jones CEO on the $1.4B Class B share sale and her succession plans
What it says. Edward Jones CEO discusses the $1.4B share sale and succession plans.
Managing Partner Penny Pennington says Edward Jones' largest ever capital raise will help ensure the company remains in employee hands after she steps down, and for long after.…
Tech stocks log worst day since 2020 as carnage comes to the AI trade
What it says. Tech stocks log worst day since 2020 as carnage comes to the AI trade
The S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record.…
The 2027 tax brackets are out. See what the standard deduction and SALT tax breaks will be.
What it says. The 2027 tax brackets are out. See what the standard deduction and SALT tax breaks will be.
The tax brackets at the heart of Americans’ income-tax bills will be adjusting at a steeper level in 2027 compared to this year, underscoring inflation’s rekindled presence.…
M&A Watch: The flood begins ...
What it says. The profession is already seeing the beginning of the annual flood of M&A deals looking to get completed before year's end and the start of next tax season.
The profession is already seeing the beginning of the annual flood of M&A deals looking to get completed before year's end and the start of next tax season.…
IRS sets inflation adjustments for tax year 2027
What it says. IRS sets inflation adjustments for tax year 2027.
The Internal Revenue Service released the annual inflation adjustments Thursday for tax year 2027 as inflation continues to impact taxpayers in the wake of this week's midterm elections.…
IRS sets inflation adjustments for tax year 2027
What it says. The Internal Revenue Service released the annual inflation adjustments for tax year 2027 as inflation continues to impact taxpayers in the wake of this week's midterm elections.
The Internal Revenue Service released the annual inflation adjustments Thursday for tax year 2027 as inflation continues to impact taxpayers in the wake of this week's midterm elections.…
How advisors can help clients guard against Medicare fraud
What it says. Advisors can help clients guard against Medicare fraud.
Fraudulent claims can cause ripple effects of harm for older clients. Financial advisors can play an important role in helping them prevent — and identify — Medicare fraud.…
IRS and Treasury designate thousands of opportunity zones
What it says. The list of over 6,500 opportunity zones stretches across all 50 states, plus territories, where real estate investors can gain valuable tax breaks.
The list of over 6,500 opportunity zones stretches across all 50 states, plus territories, where real estate investors can gain valuable tax breaks.…
Mission Wealth’s John Wernz Discusses The Systems Behind RIA Organic Growth
What it says. Ex-UBS advisor team launches a new RIA in Texas with $3.6 billion in assets, backed by Elevation Point.
Wernz And Jim Roth Examine AI Adoption, Lead Conversion And Private Equity’s Role In Funding Growth…
Trusted Advisor Search’s Dave Porter Discusses Leadership And Advisor Fit
What it says. Ex-UBS advisor team launches a new RIA in Texas with $3.6 billion in assets, backed by Elevation Point.
Porter And Laurie Stack Explore Succession Planning And The Preparation Behind Advisor Moves…
California’s billionaire tax faces defeat, but Democrats plan higher taxes on the wealthy
What it says. California's billionaire tax may fail, but Democrats plan to raise taxes on the wealthy, potentially influencing federal tax policy.
The likely defeat of the California billionaire tax may energize Democrats in Congress to propose federal tax hikes on high earners, according to tax experts.…
AI's upshot? Advisors are reinvesting time into growth, new data shows
What it says. Advisors are reinvesting time into growth with AI.
Nearly half of advisors using AI say their admin work has dropped, but most are still working the same hours. A new FACO survey shows where that time is going.…
Ex-UBS Advisor Team With $3.6 Billion In Assets Starts RIA In Texas
What it says. Ex-UBS advisor team launches a new RIA in Texas with $3.6 billion in assets, backed by Elevation Point.
Cleros Wealth Partners Has Been Created In Fort Worth With Help From Elevation Point, Which Takes A Minority Stake…
Is it Realistic to Live Off Your Dividends?
What it says. Ben Carlson discusses the feasibility of living off dividends, a strategy that could be particularly relevant for HNW clients looking to diversify their income sources.
Some thoughts on the pros and cons of a dividend investment strategy. The post Is it Realistic to Live Off Your Dividends? appeared first on A Wealth of Common Sense. ...…
Read full article at A Wealth of Common Sense (Ben Carlson) →
Curiosity, Re-Search, and the Case for Thinking Together in a Noisy World
What it says. This article offers insights on how to foster better collaboration and problem-solving in a world where information is abundant and noise is high.
The (Less) Lonely Meetings Companion to “The Druids Did Not Build Stonehenge”…
Avoiding Family Discord Over Vacation Homes
What it says. This article discusses the challenges of inheriting vacation homes and how to navigate them.
They can be difficult assets to inherit.…
Pixar cofounder Ed Catmull, 81, says the smartest AI-era career move is to help build what comes next
What it says. Pixar cofounder Ed Catmull offers career advice for the AI era, emphasizing the importance of engaging with new tools and technologies, even if they pose challenges.
Pixar cofounder Ed Catmull shares career advice for the AI era.Michael Tran/Getty ImagesEd Catmull has spent decades navigating major technological change.He says new tools, from the internet to social media, bring both promise and problems.Here's his career advice for anyone worried about navigating the AI wave.Pixar …
Craig Siegenthaler sat out the Oct. 29 Ameriprise conference call but three of his peers asked about the 'elephant' he cited in double-downgrading the broker's stock ten days earlier, triggering a share price dive
What it says. Ameriprise's stock price dropped after a BoA analyst downgraded the company, citing concerns about poaching and potential bonuses, leading to a discussion among peers at a conference call.
The BoA analyst took Ameriprise from buy to sell based in part on fears that Amerprise is being compelled to stop poaching with preeemptive bonuses; CEO Cracchiolo cited bad journalism and said there was no "program" but seemed to stop short of denying payments…
Agility Robotics is taking humanoid robots public in a first for Wall Street
What it says. Agility Robotics, a humanoid robot maker, is set to become the first company in the US to go public, marking a significant moment in the robotics industry.
Agility Robotics' humanoid robot DigitAngel Garcia/Bloomberg via Getty ImagesAgility Robotics is expected to begin trading on Nasdaq Thursday under AGLT.Agility is the first humanoid-focused company to go public in the US.The humanoid robot maker reported $1.8 million in 2025 revenue and a $138.1 million loss.Agility R…
This tiny North Dakota town was the only place to vote in support of data centers
What it says. In a surprising turn, a tiny North Dakota town voted in favor of data centers, a stance that stands out in a country where most towns rejected similar proposals.
The data center under construction in Harwood, North Dakota, is faintly visible in the mist.Mike SwartzJust one of 45 ballot propositions on data centers fell on the pro-data center side.It was in Harwood, North Dakota, a town of 940 people about 10 miles from Fargo.Voters rejected a measure that would have required pu…
Large RIAs name ChatGPT, Copilot and Claude in job posts far more than advisor AI tools
What it says. The largest RIAs are increasingly recruiting for AI tools like Copilot, ChatGPT, and Claude, rather than advisor-specific fintechs.
When the largest RIAs recruit for AI, they name Copilot, ChatGPT and Claude in job posts far more often than advisor-specific fintechs, Caddi data shows…
The 'advisor paradox' of clients who trust AI for financial advice
What it says. Two of the largest fee-only RIAs have seen their market positions shift significantly in the past year.
Adults who have financial advisors are three times as likely to act on AI's money advice without checking, new research shows. Those results, which defy conventional wisdom, will outlast the company that uncovered them.…
Court tosses suit challenging NYC pied-a-terre tax rollout
What it says. Court tosses suit challenging NYC pied-a-terre tax rollout.
A Brooklyn appeals court threw out a lawsuit challenging the rollout of New York City's pied-à-terre tax, ruling that the homeowner plaintiffs lacked standing.…
NYC Mayor Zohran Mamdani's pied-à-terre tax just got a big win in court
What it says. NYC Mayor Zohran Mamdani's pied-à-terre tax, which targets second homes worth over $5 million, has just won a significant legal victory, but faces another challenge in December.
New York City Mayor Zohran Mamdani.Andres Kudacki/Getty ImagesThe tax on second homes worth over $5 million was challenged by a lawsuit from NYC homeowners.The Appellate Division of the New York Supreme Court ruled in favor of the city's pied-à-terre tax.The tax still faces another pending lawsuit in December challengi…
Trusts & Estates: November 2026 Digital Edition
What it says. This article covers various topics related to trusts and estates, including the Modern Practice, Fiduciary Professions, and Ultra-High-Net-Worth Families & Family Offices.
Features on The Modern Practice, Fiduciary Professions, Ultra-High-Net-Worth Families & Family Offices and Estate Planning & Taxation…
Court Tosses Suit Challenging NYC Pied-A-Terre Tax Rollout
What it says. This article discusses a court decision regarding the taxation of vacation homes in New York City.
The levy applies to single-family homes with market values of $5 million or more, and co-ops and condominiums worth at least $1 million.…
BKFi Acquires San Diego-Based Firm in First Deal
What it says. This article covers a deal where BKFi acquired a San Diego-based firm, adding $225 million in assets and two advisors with private banking experience.
BKFi, backed by Accelerated Wealth Partners, has bought Wealth With Options, adding about $225 million in assets and two advisors with private-banking experience.…
Mariner’s Hugo AI uncovered $22B in client assets, says Marty Bicknell
What it says. Mariner's Hugo AI has uncovered $22 billion in client assets, helping the RIA grow from 70,000 to 500,000 households by 2028.
Bicknell said that Mariner's Humanity Labs partnership is key to growing his mega-RIA from 70,000 to 500,000 households by 2028…
How a blue wave crushed the tech right
What it says. The recent midterm elections have led to a significant backlash against tech companies, impacting both the stock market and individual investors.
Kent NISHIMURA / AFP via Getty Images; Rebecca Zisser/BIElon Musk spent $446 million on the midterm elections. He ended up one of the biggest losers.Democrats tapped into voter fury over data centers encroaching on their neighborhoods.Markets are confident in Big Tech stocks, but CEOs may now have to face Congressional…
Satellite images reveal trouble brewing at Microsoft's AI data center partners
What it says. Microsoft's AI infrastructure spending shortfall may be linked to delays in third-party data center projects, raising concerns for neoclouds in the HNW market.
Microsoft chief financial officer Amy Hood.Elaine Thompson/APMicrosoft said third-party data center delays contributed to a shortfall in infrastructure spend.Satellite imagery points to potential setbacks for the massive IREN and Nebius data center projects.Neoclouds are under mounting pressure to deliver on their mult…
SEC finalizes $1B small-entity threshold for RIAs
What it says. The SEC has finalized a $1 billion small-entity threshold for RIAs, affecting about two-thirds of registered RIAs.
Final rule moves roughly two-thirds of SEC-registered RIAs under the Regulatory Flexibility Act’s small-business lens, up from about 3%…
New PIABA President Details FINRA Reform Concerns, Crypto Law's Future
What it says. This article discusses concerns about industry-pushed changes to regulations that could weaken investor protections in securities disputes.
Joseph Wojciechowski, PIABA's new president, outlined fears that industry-pushed changes to regulations could weaken arbitration protections for investors in securities disputes.…
The AI boom has sparked a fiber frenzy, and suppliers like Corning are racing to keep up
What it says. I keep volunteering at my daughter's elementary school even though she no longer goes there.
Corning is investing $585 million in expanding manufacturing in North Carolina.Travis Dove for The Washington Post via Getty ImagesAI's growth demands denser optical networks, increasing the need for more fiber across data centers.Hyperscalers like Meta are securing fiber supply through long-term deals with manufacture…
What gets Edward Jones to open its wallet for wealthtech?
What it says. Edward Jones Ventures is looking for tech solutions that can improve their wallet share, not just time savings.
Edward Jones Ventures gets 2,000 tech pitches a year. What gets their execs' attention has far more to do with wallet share than time savings these days.…
Clients sue Arkadios Wealth, allege firm sat on advisor’s red flags
What it says. Clients are suing Arkadios Wealth for allegedly ignoring red flags raised by the firm's own reports.
The firm's own reports showed the problem. The complaint says it did nothing.…
Lawsuit accuses Blue Owl of inflating assets in $4.3B merger
What it says. A lawsuit accuses Blue Owl of inflating assets in a $4.3 billion merger, ignoring interest rate risk and AI disruption.
The complaint points to interest rate risk and AI disruption the BDC allegedly ignored.…
Focused on the Future: How Advisors Can Use AI Without Losing the Human Relationship
What it says. This article discusses how advisors can use AI without losing the human relationship in their practice.
Arca Wealth’s Rron Rexha details what meaningful AI adoption could look like for advisory firms, starting with the client experience and working backward.…
Creditor-Protected Assets Remain Exempt When Payable to Revocable Trust
What it says. This article discusses the exemption of creditor-protected assets from decedent's debts.
Michigan court holds retirement account and life insurance aren’t available to satisfy decedent’s debts.…
Should Your Firm Adopt an AI and Cybersecurity Policy Statement?
What it says. This article discusses the importance of having an AI and cybersecurity policy statement for advisory firms.
It can help create a unified framework that reflects how the firm operates.…
Modera Wealth plants West Coast flag with $750M RS Crum deal
What it says. Modera Wealth is integrating an agentic AI platform with its fee-only RIA, targeting advisors with its West Coast expansion.
Fee-only RIA welcomes a 50-year-old Southern California firm as its agentic AI platform, becomes part of the pitch to selling advisors…
Creative Planning Acquires Syracuse-Based RIA Overseeing $2.2B
What it says. This article discusses a traditional U.S. acquisition in a year marked by large overseas and wealth-management-adjacent add-ons.
Creative Planning makes a more traditional U.S. acquisition in a year marked by large overseas and wealth-management-adjacent add-ons.…
Integrated Private Wealth adds four to leadership, advisory bench
What it says. Integrated Private Wealth has hired new leadership and advisory staff, including a multi-asset research head and an ex-Navy chief of staff.
New hires at Integrated Partners’ business-owner unit include an ex-Navy chief of staff and a multi-asset research head to deepen liquidity-event planning…
Stock-Market Gains Are Weakest After Midterm Results Like These
What it says. This article discusses the historical performance of the stock market during periods with a Republican in the White House and Democrats in control of both houses of Congress.
Historically speaking, periods with a Republican in the White House and Democrats in control of both houses of Congress are among the weakest setups for equity returns.…
UBS breakaway Cleros Wealth launches $3.61B RIA with Elevation Point
What it says. UBS-affiliated Cleros Wealth has launched a $3.61 billion RIA with Elevation Point, following a wirehouse group's independent move.
The Fort Worth team becomes the latest wirehouse group to go independent with Elevation Point as UBS attrition continues…
Rising living costs put retirement security under pressure
What it says. Rising living costs are putting pressure on retirement security for many workers.
A Transamerica Institute survey shows 78% of workers see inflation hindering their retirement savings. That can create opportunities for advisors to help clients prepare.…
Rising Rates, Diesel And Charitable Work
What it says. Marietta Wealth Management, a Georgia-based RIA with $1.6 billion in assets, has been acquired by Carson, a major RIA firm.
Plus Our Deals & Recruiting And WSRIA Roundups, Matching Capital To The Future, Thriving Culture, Advocacy After Midterms, The Future Of Advice, SurgeONE.ai’s Upgrade, Schwab’s New Tools And CAPTRUST’s Acquisition…
Helping HNW Clients Adjust Charitable Giving To New Tax Rules
What it says. HNW clients are adjusting their charitable giving strategies in light of new tax rules.
OpenArc, Waypoint West And NewSpring Advisors Discuss Year-End Giving Under New Deduction Rules…
Carson Buys Georgia RIA With $1.6 Billion In Assets
What it says. Rising rates and diesel prices are affecting the financial landscape.
Marietta Wealth Management Is Carson’s 22nd Acquisition This Year…
Rising Star elevating clients through holistic planning
What it says. WALL Street Alliance Group's Johan Vako is elevating clients through holistic planning, combining comprehensive wealth management with a team-first leadership approach.
How Wall Street Alliance Group’s Johan Vako pairs comprehensive wealth management with a team-first approach to leadership.…
401(k) Real Talk Episode 215: November 4, 2026
What it says. A $3.61 billion RIA is launched with backing from Elevation Point and custody through Goldman Sachs.
Open, honest and candid discussion about GTCR shopping Captrust, rising healthcare costs, another AON lawsuit, longevity planning, the qualities of a good advisor and more.…
Ex-UBS Team Creates $3.6B RIA With Elevation Point Backing
What it says. A Fort Worth team left UBS with $3.61 billion in assets to launch Cleros Wealth Partners.
A Fort Worth team left UBS with $3.61 billion in assets to launch Cleros Wealth Partners, with backing from Elevation Point and custody through Goldman Sachs.…
Prop 40 trails, but wealth tax planning questions are here to stay
What it says. Carson Wealth's Debra Taylor is advising advisors on residency records, business valuations, and liquidity stress tests for a potential wealth tax.
Carson Wealth’s Debra Taylor says residency records, business valuations and liquidity stress tests belong on advisors’ lists now…
Animal Spirits: Drowning Financially
What it says. Ben Carlson discusses reasons to be bearish and the changing investing landscape on his podcast.
On today's show we discuss reasons to be bearish, the joys of indexing in an AI boom, carnage in name-brand stocks, why the stock market is not down more, how the investing rules have changed, the buy the dip generation, Anthropic's insane growth, AI agents vs. the labor market, being middle class in NYC, the biggest r…
Read full article at A Wealth of Common Sense (Ben Carlson) →
Musk's SpaceX share pledge puts kids' investing on advisors' radar
What it says. A four-advisor group from UBS joins Raymond James, while a 36-year Cetera veteran moves to LPL, impacting the Ohio and Pennsylvania markets.
Advisors say a child's first stock can spark interest, but character and habits signal readiness to inherit family wealth…
Hazards With Engaging Heirs Too Quickly: How Proactive Estate Settlement Can Disrupt Disclaimers By Triggering (Early) Acceptance
What it says. Financial advisors should be cautious about engaging heirs too quickly to avoid disrupting disclaimers and premature acceptance in estate settlements.
When a client sadly passes away, financial advisors often leap into action. In part it’s simply to provide good service and support to a grieving family. In many cases, there’s also a business interest to engage with next generation heirs and establish or deepen a relationship, in the hopes of continuing to serve the f…
Advisor moves: Raymond James and LPL add veteran teams in Ohio and Pennsylvania
What it says. Bluespring, Robertson Stephens, Cetera and Aprio each close acquisitions, driven by succession, scale, and new markets.
A four-advisor group from UBS joins Raymond James in Beachwood while a 36-year Cetera veteran moves his $390 million practice to LPL.…
Institutional investor returns split as rising rates hit bond portfolios in Q3 2026
What it says. Institutional investor returns are impacted by rising rates, leaving ERISA plans down 3.7% and endowments in positive territory.
A sharp bond-market selloff and Fed rate hike left ERISA plans down 3.7%, while endowments stayed in positive territory.…
RIA moves: succession, scale and new markets drive four deals
What it says. A four-advisor group from UBS joins Raymond James, while a 36-year Cetera veteran moves to LPL, impacting the Ohio and Pennsylvania markets.
Bluespring, Robertson Stephens, Cetera and Aprio each close acquisitions as independent advisory firms weigh their next chapter.…
Home price growth slows as inventory and mortgage rates weigh on market
What it says. Home price growth slows due to inventory and mortgage rates, with annual gains forecast to nearly halve by 2027.
Cotality's September 2026 Home Price Index shows a 0.3% monthly decline, with annual gains forecast to nearly halve by 2027.…
The top 20 fee-only RIAs ranked by AUM in 2026
What it says. Rising living costs are putting pressure on retirement security for many workers.
The two biggest firms in this year's RIA Leaders ranking of the largest fee-only financial planning companies each leapfrogged three rivals after the 2025 study.…
Crisis of confidence still dogs 'Top Advisor' rankings, only months after ethics scandal rocked Forbes and cast shadow over Barron's, but the business is too lucrative to pass up for cash-hungry publications and attention-starved advisors
What it says. Forbes and Barron's 'Top Advisor' rankings are facing a crisis of confidence, following an ethics scandal, but the lucrative business continues to attract publications and advisors.
Forbes is back in business after three-month stand down, and it's business as usual at Barron's, but two wirehouses are still cautious after bailing on Forbes over reputational risk.…
Business leaders react as a 'blunami' sweeps America on Election Night
What it says. Democrats have won full control of Congress, reshaping the political landscape and impacting various industries, including tech and business.
Brad Gerstner and Reid Hoffman are two of Silicon Valley's most prominent elite investors, hedge fund managers, and venture capitalists.Bloomberg and JP Yim/Getty ImagesDemocrats have won full control of Congress.Business and tech leaders are sizing up the outcomes.California's ballot measure targeting billionaires is …
Elon Musk's Texas-sized midterms failure
What it says. SpaceX CEO Elon Musk's massive $446 million donation to Texas Republicans failed to prevent the state's shift to blue, highlighting the challenges of political fundraising in the current political climate.
SpaceX CEO Elon Musk bet big on keeping Texas "red."Win McNamee/Getty ImagesSpaceX CEO Elon Musk donated at least $446 million ahead of the 2026 midterms.Musk and allied super PACs spent $224 million on Texas alone.In the end, he could not prevent the once unthinkable. Texas turned blue.Elon Musk was the 2026 midterms'…
These college students launched a legal tech startup during finals week. Now, it's business first, school second.
What it says. College students Raphael Lim and Jamison Teng have launched a legal tech startup and are now juggling their studies and business, highlighting the challenges of balancing education and entrepreneurship.
Raphael Lim and Jamison Teng started a legal tech company in college.Raphael LimRaphael Lim and Jamison Teng often juggle their legal tech startup with studies during finals.They've had to sacrifice social life, grades, and Brazilian Jiu-Jitsu training to build up Jam & Raph.But it's given them an opportunity to test a…
Here’s why AMD’s stock is rising — and sending a confident message about the AI trade
What it says. AMD's stock is rising due to real revenue from AI and a positive forecast.
The chip maker is showing “real” revenue from AI, shrugging off sustainability concerns and leading to an upbeat forecast.…
Super Micro’s stock pops as earnings show booming demand for AI servers
What it says. Super Micro's stock is rising due to strong demand for AI servers.
Super Micro is building out a “high-quality customer base” that’s fueling revenue growth, CFO Mark Long told MarketWatch.…
'Don't trade the election': Advisors steady clients through midterm anxiety
What it says. RIA Leaders 2026: Advisors discuss the custody fee conundrum and its impact on the industry.
Rising costs and other pressures are weighing on clients. Advisors share how they help investors look beyond midterm headlines and stay focused on long-term plans.…
What the voter records of California's billionaires reveal
What it says. California's billionaire class has significant political influence, with Democrats outnumbering Republicans among the wealthiest residents, according to a POLITICO analysis of voter records.
California's billionaire class includes Dr. Dre, Tim Cook, Marissa Mayer, Mark Zuckerberg, Beyoncé, and Jay Z, among hundreds of others.Illustration by Claudine Hellmuth/POLITICO (Getty)POLITICO was able to match 166 of California's billionaires with the state's voter file.The analysis offers new insights into the bill…
What analysts are telling us while Apple’s stock falls after earnings report
What it says. Apple's stock is falling due to concerns about gross margin and services revenue growth.
Shares in Apple declined nearly 2% on Tuesday after investors were left feeling disappointed about the company’s gross margin outlook and slowing services revenue growth.…
Shopify’s stock slides after earnings. This is what’s worrying Wall Street.
What it says. Shopify's stock is falling after missing revenue expectations.
The company missed revenue expectations, a tough outcome in today’s less-forgiving tech market.…
Tech in a “needed reset:” 5 sectors to own right now
What it says. Charles Schwab’s Kevin Gordon explains the changing tech landscape and sectors to own in the S&P 500.
With 10 mega-caps making up 40% of the S&P 500, Charles Schwab’s Kevin Gordon explains why tech is undergoing a “needed reset” and why an equal-weighted approach makes sense. He breaks down the four sectors to watch today and where he sees the market’s biggest value heading into 2027.…
AI’s control over the bond market is growing — even rivaling war and elections
What it says. AI is becoming a significant factor in the bond market, rivaling traditional economic indicators like war and elections.
“Hyperscalers” burned through their cash. Now their bond deals are helping fuel the economy.…
S&P 500 is looking over the edge of a technical cliff — what happens if it falls off?
What it says. The S&P 500 is at risk of falling below 7,500, leading to increased selling pressure and volatility.
Falling below 7,500 would lead to a dramatic increase in selling pressure and volatility, a J.P. Morgan strategist says, and that could end in a full-blown correction…
Depressing, but true: If you want to get ahead at work, embrace virtue signaling
What it says. Embracing virtue signaling can help advance your career in the office.
Strategically embracing the right symbols in the office really can advance your career.…
Client optimism sinks to 2026 low, CFP Board survey finds
What it says. Financial planners are seeing fewer optimistic clients due to rising cost-of-living concerns, according to a CFP Board survey.
Financial planners report fewer upbeat clients as cost-of-living worries mount, echoing a pre-midterms poll of voters…
People Moves: Mercer Advisors Hires Wealth.com, Meta Alum as VP of Data
What it says. Edelman Financial Services' former CEO becomes founding partner and executive chairman at a new tech-forward RIA led by his son.
In other moves, a technology veteran takes a new client experience role at Envestnet, Truist hires a new compliance chief, Fiduciary Trust hires a national trust lead, and DriveWealth promotes five.…
Anthropic’s IPO is a high-stakes referendum on Big Tech — and this chart proves it
What it says. Tech giants are investing in Anthropic's IPO, a high-stakes referendum on Big Tech.
Tech giants like Broadcom, Google and SpaceX have plenty of skin in the game as Anthropic heads for the public market.…
The internet is ‘dying’: AI is eating it and obliterating these business models
What it says. The internet is facing obsolescence as AI replaces traditional business models.
“The internet as we’ve known it for the past 20-plus years is going away, and it’s going to completely change,” one CEO says.…
The next wave of luxury real estate: marina developments with yacht parking
What it says. Marinas are becoming a new luxury real estate trend, attracting wealthy buyers looking for homes to park their yachts.
Marinas are becoming the next big draw for luxury real estate, as the global wealthy search for homes to park their ever-larger yachts.…
Hightower Folds $9-Billion Affiliate into Signature Wealth
What it says. Ameriprise's advisor loan balance has surged by 29% to over $2 billion, highlighting the financial health of its advisor network.
Altium Wealth Management had $2.7 billion in assets in 2022 when Hightower first took a stake in it. The post Hightower Folds $9-Billion Affiliate into Signature Wealth appeared first on AdvisorHub.…
US Space Force Guardians will join Army Rangers, Navy SEALS, and other special forces in a new command
What it says. US Space Force activates a new Special Operations Command to support global special forces.
US Space Force Special Operations Command will train and equip personnel for special forces around the world.US Space Force photo by Dave GrimUS Space Force has activated a Special Operations Command.The command will send Space Force Guardians to special operations forces around the world.Officials said the command wil…
Nevis wants AI agents that act. Schwab says not yet
What it says. Nevis, backed by Schwab, is exploring AI agents that can act on accounts, but current AI limits are limited to read-only access.
Schwab-backed Nevis wants agents that move money and act on accounts, but the custodian's AI limits remain read-only—for now.…
Ameriprise Advisor Loan Balance Rises 29% to Over $2 Billion
What it says. Kestra’s Bluespring has acquired a significant Ohio RIA, expanding its client base and asset management capabilities.
The post Ameriprise Advisor Loan Balance Rises 29% to Over $2 Billion appeared first on AdvisorHub.…
Former Edelman CEO Larry Raffone Joins Son's RIA as Executive Chairman
What it says. Kestra's Bluespring Acquires $920M Whitaker-Myers Wealth Team
Edelman Financial Services' former CEO becomes founding partner and executive chairman at the new tech-forward RIA led by his son.…
Kestra's Bluespring Acquires $920M Whitaker-Myers Wealth Team
What it says. JPMorgan Adds Merrill Alums To Boost California, Southeast Business
Bluespring's River Valley platform now manages $2.4 billion in assets, extending its reach across Ohio, Kentucky and South Carolina.…
JPMorgan Adds Merrill Alums To Boost California, Southeast Business
What it says. Mesirow Taps Bank Exec Shawn Beber as CEO
Tiffany Yu will join Elevate Wealth Partners as a managing partner and wealth advisor, while the bank announced last week that Linda Patel will oversee its Southeast region, including Florida and Georgia.…
12 Investment Must Reads for This Week (Nov. 3, 2026)
What it says. A $3.61 billion RIA is launched with backing from Elevation Point and custody through Goldman Sachs.
The market braces for the U.S. midterms and weighs the potential outcomes. Some ETFs use perpetual futures to provide private-market exposure. These are among the investment must reads for financial advisors this week.…
Carson Group Adds $1.6B Team, Boosting Atlanta Presence
What it says. A Fort Worth team left UBS with $3.61 billion in assets to launch Cleros Wealth Partners.
The deal for Marietta Wealth Management comes several weeks after the firm attracted Goldman Sachs and United Bank alum Matt Humphrey to lead its integrated W-2 channel.…
Hightower Signature Wealth Rolls in $9B Practice with 10-Person Investment Team
What it says. Hightower Advisors folds $9 billion firm Altium Wealth into its Signature Wealth division.
Hightower Advisors folded $9 billion firm Altium Wealth into its Signature Wealth division, pushing the unit’s assets past $50 billion as CEO Larry Restieri continues his centralization strategy.…
RIA Leaders 2026: The custody fee conundrum
What it says. RIA Leaders 2026: Advisors share insights on the largest fee-only RIAs based on AUM.
The lack of a uniform, publicly available listing of revenue collected by custodians has led to calls for a custody fee that would overhaul the industry's traditional business model and clarify how those relationships affect RIAs' fiduciary duty to their clients.…
RIA Leaders 2026: Download FP's list of the 150 largest fee-only RIAs
What it says. RIA Leaders 2026: Advisors discuss strategies for organic growth in the next-gen wealth-building market.
The printable PDF includes rankings based on the firms' AUM and includes number of employees, client accounts and financial advisors.…
How Are U.S. Household Finances Doing?
What it says. U.S. household finances are being updated in this article from A Wealth of Common Sense.
An update on household balance sheets. The post How Are U.S. Household Finances Doing? appeared first on A Wealth of Common Sense. ...…
Read full article at A Wealth of Common Sense (Ben Carlson) →
Rollover Equity: Why RIA Sellers Need Their Own Due Diligence
What it says. RIA sellers should conduct their own due diligence when considering rollover equity offers to ensure they understand the buyer's finances and strategy.
Rollover Equity Offers RIA Sellers The Potential For A Second Payday, But Experts Warn That Understanding The Buyer’s Finances, Strategy And Equity Terms Is Critical.…
WSRIA Roundup: Wealth Enhancement, Concurrent, Beacon Pointe, Latigo And More
What it says. M&A news from Wealth Enhancement, Concurrent, Beacon Pointe, and other firms are highlighted in this roundup.
M&A By Wealth Enhancement, Concurrent, Beacon Pointe, Waverly And Trilogy; Recruiting By CAPTRUST And Indivisible; Latigo Launches; Mercer Refinances; Wealthspire Adds Sports; Choreo Appoints A CTO; And Research By Cerulli…
Deals & Recruiting Roundup: CAPTRUST, LPL, Dynasty And More
What it says. M&A and recruiting news from CAPTRUST, LPL, Dynasty, and other firms are featured in this round-up.
M&A By CAPTRUST And South Atlantic; Recruiting By LPL, Stribling~Whalen, Raymond James And RBC; Appointments By Dynasty, Mercer And Bluerock; And Research By ECHELON, Cerulli And AssetMark…
WealthFeed Adds 401(k) Plan Prospecting To Its Advisor Growth Platform
What it says. WealthFeed is expanding its platform to include 401(k) plan prospecting for advisors looking to gain plan business.
Expanded Platform Provides Warm Introductions And Automated Outreach To Advisors Looking To Gain Plan Business…
Regtech Surge: Claude For Financial Advisors And Governance
What it says. Regtech company Claude may streamline workflows for financial advisors, but it also poses new compliance risks.
Claude May Transform Wealth Management Workflows, But Efficiency Minus Oversight Creates New Compliance Risks…
Optimizing A $160M AUM Solo Practice For Client Impact Over Scale: #FASuccess Ep 514 With Nick Ibello
What it says. Nick Ibello discusses optimizing a $160M AUM solo practice for client impact over scale on the Financial Advisor Success Podcast.
Welcome everyone! Welcome to the 514th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Nick Ibello. Nick is the founder of Ibello Wealth Management, an IAR of LPL Financial's corporate RIA, based in Columbia, Maryland but operating virtually, that oversees $160 million in assets under m…
BlackRock: High-Growth Advisers Expand Their Reach Within Existing Relationships
What it says. Top-performing retirement plan advisers are expanding their services to include participant wealth opportunities and retirement-income consulting.
Top-performing retirement plan advisers are more likely to pursue participant wealth opportunities, retirement-income consulting and customized plan solutions, according to a recent study.…
Private credit's tax hangover is giving investors buyer's remorse
What it says. Morgan Stanley advisors are building their own AI agents, offering clients a hands-on approach to managing their investments.
While private credit and other alts can offer high returns, advisors should know about the logistics involved, which could lead to tax headaches for clients.…
Callie Cox Leaves Ritholtz for Plancorp Strategy Role
What it says. Former Ritholtz market strategist Callie Cox has joined Plancorp Wealth Management, where she'll partner with CIO Peter Lazaroff on investment strategy and research.
Former Ritholtz market strategist Callie Cox has joined Plancorp Wealth Management, where she'll partner with CIO Peter Lazaroff on investment strategy and research.…
Accelerated Wealth Partners strikes staking deal for $5B Pallas Capital
What it says. Accelerated Wealth Partners has acquired $5B Pallas Capital, adding five next-gen leaders to the firm’s ownership ranks.
The J.C. Flowers-backed investor’s latest RIA deal adds five next-gen leaders to the Massachusetts firm’s ownership ranks…
Wells Fargo bumps up pay hurdle for advisors
What it says. Wells Fargo is increasing the pay hurdle for advisors, while UBS and Raymond James are discussing recruiting efforts.
Meanwhile, UBS and Raymond James talk recruiting.…
Q&A: REITs Bounce Back in October
What it says. BOK Financial accused two former staffers in Arizona federal court of breaking employment agreements and soliciting clients with about $1.2 billion in assets to Cerity Partners.
After taking a hit when interest rates spiked in the third quarter, REITs rallied to start the final quarter of 2026.…
Why Morgan Stanley is turning advisors loose to build their own AI agents
What it says. Morgan Stanley advisors are creating their own AI agents, which clients can use to manage their investments.
Morgan Stanley's head of AI for its wealth management division said advisors have so far 'curated' nearly 50,000 AI agents. It's a hands-on approach not common at large wealth managers.…
SEC charges advisor over retirees' leveraged ETF losses at United Planners
What it says. The SEC has charged an advisor with United Planners for losses in retirees' leveraged ETFs.
Elderly clients lost about 70% after a South Carolina advisor held inverse ETFs for 798 days on average, the regulator says…
AI Product & Service Launches – 11/2/2026
What it says. AI product launches include WealthFeed adding Form 5500 data, 5 firms integrating Claude, and Zeplyn launching Zeplyn Workflows.
WealthFeed adds Form 5500 data to platform; 5 firms integrate Claude into their systems; and Zeplyn launches Zeplyn Workflows. …
Finra Bars Ex-Stifel Broker Amid Jewelry Theft Investigation
What it says. A former Stifel broker has been barred by FINRA for allegedly taking jewelry from colleagues and customers.
The ex-broker allegedly took jewelry from the homes of a colleague and a customer. The post Finra Bars Ex-Stifel Broker Amid Jewelry Theft Investigation appeared first on AdvisorHub.…
RIA succession divide widens as next-gen training stalls, DeVoe finds
What it says. Only 10% of firms offer robust training for junior advisors, and 21% are not considering succession plans.
Only 10% of firms offer robust training for junior advisors, while a record 21% aren’t even considering a succession plan…
7 Travel Splurges Retirees Should Pass On
What it says. Retirees should be strategic about travel expenses to avoid draining their fixed-income budget
Traveling in retirement can be deeply rewarding, but certain “extras” can quietly drain a fixed-income budget. Read More: 9 Unusual Ways to Make Extra Money (That Actually Work) Find Out: 6 Clever Ways Retirees Are Earning Up To $1K per Month From Home With airfare, lodging, and dining prices rising, retirees must be …
Wall Street Escalates FinTwit Crackdown as AI Copycat Fears Grow
What it says. FINRA is cracking down on FinTwit, a platform for financial news and analysis, amid fears of AI copycat behavior.
Neil Sethi routinely posted Wall Street research to build an audience on X, spotlighting charts and stock tips to his nearly 30,000 followers The post Wall Street Escalates FinTwit Crackdown as AI Copycat Fears Grow appeared first on AdvisorHub.…
The Cheap FIRE Stereotype Deserves To Be Retired
What it says. The popular image of a FIRE practitioner is often portrayed as cheap and frugal, but this article argues that such a stereotype should be retired and that FIRE folks should enjoy life more.
The popular image of a FIRE practitioner is someone eating rice and beans, clipping coupons, and driving a car older than their kids. All luxuries are shunned in order to grow their wealth as large as possible to break free sooner. FIRE folks are cheap and should enjoy life more critics say. There's some truth […] The …
High-net-worth clients want more than portfolios, AssetMark study confirms
What it says. AssetMark's survey reveals a gap between client needs and what practices offer, prompting the TAMP provider to launch a new program.
Survey of 400 advisors finds a gap between client tax and wealth transfer needs and what practices offer, as the TAMP provider rolls out a new program…
AssetMark Research Finds Gaps In Private Wealth Services
What it says. AssetMark Research Finds Gaps In Private Wealth Services and Launches a New Program
The Firm Also Launches A Private Wealth Program Combining Planning, Investment Support And Specialized Capabilities…
Small 401(k) balances erode after job changes, new research shows
What it says. Vanguard's auto portability reduces cash-outs, while PensionBee data show most automatic rollover IRAs lose value within a year.
Vanguard finds auto portability curbs cash-outs, while PensionBee data show most automatic rollover IRAs lose value within a year…
Talk Your Book: Diversifying the AI Trade
What it says. Brian Griggs from Nuveen discusses AI-related volatility and portfolio diversification on a financial advisor podcast.
On today's Talk Your Book we speak with Brian Griggs from Nuveen about how they help financial advisors build better portfolios, dealing with AI-related volatility, when to rebalance, the opportunity in bonds, private markets and more. The post Talk Your Book: Diversifying the AI Trade appeared first on A Wealth of Com…
Read full article at A Wealth of Common Sense (Ben Carlson) →
Will Advisors End Up Paying The Cost Of Orion’s New Vendor-Level Integration Fees? (And More Of The Latest In Financial #AdvisorTech – November 2026)
What it says. Orion has introduced a new vendor-level integration fee, raising questions about whether advisors will have to pay more for tech solutions.
Welcome to the November 2026 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that Orion has announced a ne…
IPO lockup expirations put concentrated stock risk on advisors’ desks
What it says. Advisors managing SpaceX's IPO lockup expirations face diversification, tax, and liquidity challenges for UHNW clients.
As SpaceX shares unlock in stages, wealth managers weigh diversification, tax bills and liquidity for UHNW clients…
Exclusive Interview: Cambridge CEO Amy Webber: “We Aren’t Selling To LPL, Or Any Other Firm”
What it says. Exclusive Interview with Cambridge CEO Amy Webber on Independence
Independent Wealth Enterprise’s Chief Executive On Why The Firm Will Never Sell And Whether Self‑interested Parties Are Driving An Unsubstantiated Rumor Mill On This Topic…
FINRA and SIFMA Foundation tackle youth investing knowledge gap
What it says. FINRA and SIFMA Foundation are addressing the knowledge gap in young Americans' financial literacy.
A new five-year alliance aims to close the gap between young Americans’ market access and their financial literacy.…
What If Your Marketing Problem Isn’t A Marketing Problem?
What it says. Marketing Problem May Be About More Than Marketing
Clarify What Sets Your Practice Apart Before Investing In Marketing…
Holiday spending cuts deepen as inflation squeezes American budgets
What it says. Two-thirds of Americans plan to cut at least one holiday expense due to inflation.
Two-thirds of Americans plan to trim at least one holiday expense in 2026, with gift lists and travel taking the hardest hits.…
Whatever The Midterms Bring, FSI Will Keep Championing Advisors And Access
What it says. FSI Will Continue to Support Advisors and Access to Financial Advice
Constructive Engagement Across Party Lines Supports Independent Advisor Businesses And Americans’ Access To Financial Advice…
Advisor moves: Ohio RIA managing nearly $1B joins Osaic for succession planning
What it says. Americans are struggling to save enough for nursing home costs, according to a survey.
Aurora-based Beacon Financial Group selects broker-dealer’s Empowered Independence channel to secure its next chapter.…
ESOPs have delivered $141.8 billion in worker wealth since 2009
What it says. A new study shows ESOPs have delivered $141.8 billion in worker wealth since 2009.
A new national study reveals the cumulative wealth ESOPs have already paid out — a figure largely overlooked in employee ownership data.…
Retired World Series champ Matt Holliday lists $11.6 million Arizona estate he bought months ago
What it says. Retired Major League Baseball star Matt Holliday is ready to part ways with the Arizona estate he purchased earlier this year.
Retired Major League Baseball star Matt Holliday is ready to part ways with the newly built Paradise Valley, Ariz., estate he purchased earlier this year.…
The election will be good news, regardless of outcome, says Morgan Stanley’s chief stock-market strategist
What it says. Retired World Series champ Matt Holliday is ready to part ways with the Arizona estate he purchased earlier this year.
Morgan Stanley’s chief stock-market strategist, Mike Wilson, said the midterm elections are a classic “clearing event” whose outcome at this point doesn’t really matter.…
Schwab RIAs have until Monday to convert exclusively to 'Docusign,' ending paper era, as it deputizes Nevis to help RIAs conquer their onboarding quagmire – and prove AI can fix 'the most painful workflow at any RIA'
What it says. Schwab RIA clients have until Monday to convert exclusively to Docusign, marking a significant milestone in the paperless era and the integration of AI for streamlined onboarding processes.
The Nov. 2 deadline marks a huge Schwab milestone but the real challenge remains – integrating the back-office with artificial intelligence (AI) and digitizing its paper trail.…
A Bloodbath in the Stock Market?
What it says. Ben Carlson discusses a bloodbath in the stock market and its implications for investors.
There are a lot of stocks getting hammered right now. The post A Bloodbath in the Stock Market? appeared first on A Wealth of Common Sense. ...…
Read full article at A Wealth of Common Sense (Ben Carlson) →
Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering
What it says. Ford and GM are reconsidering their decision to stop producing SUVs in favor of sedans.
Eight of Gen Z’s 10 most commonly driven models are sedans, new data shows. Affordability is a big reason, and Ford and GM, which abandoned the segment, are reconsidering.…
This is the biggest threat to the AI-powered bull market
What it says. Retired World Series champ Matt Holliday is ready to part ways with the Arizona estate he purchased earlier this year.
Blockbuster earnings growth has helped to power the stock market higher in 2026. In 2027, that engine might stall.…
Trump accounts: Automatic enrollment, $1,000 seed money and new stock rules
What it says. Fidelity outlines a strategy to reduce capital gains tax, which could be beneficial for advisors and their clients.
Jeff Levine of Focus Partners explains why automatic enrollment doesn't guarantee access to a federal $1,000 contribution, and how new guidance could put individual company stocks in children's accounts.…
As Trump eyes new attack, Iran vows to retaliate beyond the Mideast and target financial assets, while oil markets brace for generational damage
What it says. Iran threatens to retaliate against the U.S. beyond the Middle East, targeting financial assets.
On Saturday, Ayatollah Mojtaba Khamenei warned Iran’s response would be "without any geographical limitations."…
Fidelity highlights a strategy to eliminate capital gains tax
What it says. Fidelity provides a strategy to minimize capital gains tax, which could be useful for advisors and their clients.
The firm calls it a double benefit most investors overlook.…
Automakers like Rivian and Ford are ‘democratizing 3D printing’ to reduce costs and increase speed
What it says. Automakers are using 3D printing to reduce costs and speed up production, making this technology more accessible to smaller companies like Rivian and Ford.
Automakers including Ford, Rivian and GM are expanding 3D printing to make prototypes, factory tools and low-volume parts faster and at lower cost.…
Schwab Survey: RIAs Are Shifting Growth Focus Beyond AUM to New Clients, Referrals
What it says. Schwab's RIA survey shows advisors shifting growth focus to new clients and referrals, not just assets.
Schwab's latest RIA survey finds advisors increasingly measuring success through new clients and referrals, not just assets, as firms brace for a tougher organic growth landscape.…
AI changes how accountants work, not what they do
What it says. AI is transforming how accountants work, not replacing them, according to recent conference speakers.
Three years after tax professionals attended the AICPA National Tax Conference’s first session on generative AI, a speaker from the 2023 conference and a speaker at this year's conference say the technology is changing how accountants work, not replacing them. They also say AI’s growing role in practice requires safegu…
LPL-Affiliated Firm Sues Former Advisor, Cetera for Soliciting Clients, Stealing Data
What it says. LPL-affiliated firm accuses former advisor and Cetera of breaching noncompete terms and stealing client data.
Wochnick Financial Services accused former employee Andrew Koetter of breaching noncompete terms and taking client data before joining Cetera, with 19 accounts reportedly lost so far.…
Schwab to Push Bank Capabilities for RIAs to Compete With Wirehouses
What it says. Schwab plans to enhance its capabilities for RIAs to compete with wirehouses.
Schwab CEO Rick Wurster said the firm will remain focused on bank-like services for RIAs, as he anticipates more large wirehouse teams considering a move.…
Mercer Advisors’ Laura Combs Discusses Building A Culture Where People Thrive
What it says. Merchant's Bryan Staff discusses capital strategy and owner optionality for RIAs during Larry Roth's discussion.
Laura Combs And Laurie Stack Explore Career Flexibility, AI And The Human Side Of Advice…
Merchant’s Bryan Staff On Matching Capital To An RIA’s Future
What it says. Merchant's Bryan Staff joins Larry Roth to discuss capital strategy, owner optionality, and long-term RIA growth.
Staff Joins Larry Roth To Discuss Capital Strategy, Owner Optionality And Long-Term RIA Growth…
How Advisors Can Steer Clients To Weather Rising Interest Rates
What it says. Three wealth managers describe how they're getting creative with clients' fixed income strategies.
Three Wealth Managers Describe How They’re Getting Creative With Clients’ Fixed Income Strategies…
Schwab Expands AI Tools For RIAs
What it says. Schwab expands AI tools for RIAs at its annual IMPACT Conference, making Claude available at Schwab Advisor Center.
At Its Annual IMPACT Conference, The Firm Says Claude For Financial Advisors Is Now Available At Schwab Advisor Center.…
Patent Perspectives: The Future Of Financial Advice Is More Human, Not Less
What it says. Advisors should use AI to strengthen client relationships and deliver more personalized advice.
Advisors Should Use AI To Strengthen Client Relationships And Deliver More Personalized Advice…
Value-Based Pricing For Financial Planning And Charging As Much As The Market Will Bear: Kitces & Carl 202
What it says. Kitces and Carl discuss value-based pricing in financial planning and how advisors can justify their fees to clients.
The value of an advisor’s time is one of the core questions of building an advisory firm. After all, this value not only affects business decisions, but advisors need to be able to explain (and justify) the value of their advice to new clients. Over time, many advisors find ways to talk clients through theirRead More..…
Founder of the doomed 'never-ending' cruise speaks out: 'I'm the villain in the story, but I'm doing everything I can'
What it says. The founder of a failed 'never-ending' cruise ship explains his role and the financial struggles his company is facing, highlighting the risks of luxury travel investments.
Villa Vie Residences Executive Chairman Mikael Petterson (right) posed for a photo with a passenger before the Odyssey cruise ship set sail in 2024.Liam McBurney/PA Images via Getty ImagesA "never-ending" cruise was halted because of soaring fuel prices. Its founder blames the Iran war.Mikael Petterson says he's consid…
Scott Bessent says neocloud debt isn't problematic at all
What it says. Treasury Secretary Scott Bessent downplays concerns over neocloud debt, stating it's a small part of the AI ecosystem and not problematic for investors.
Scott Bessent isn't losing sleep over neocloud debt.Anna Moneymaker/Getty ImagesTreasury Secretary Scott Bessent isn't rattled by the neocloud debt debate that has spooked investors.He said AI-related debt isn't "problematic at all" and just a small part of the AI ecosystem.Neocloud stocks have slumped amid concerns ov…
LPL shares freefall more than 15% after investors aren't appeased by answers to hard-hitting questions about next act after Commonwealth, or by CEO humor during the quarterly analysts' call
What it says. LPL shareholders are dissatisfied with the answers to their questions about the company's future growth and the CEO's humor during the quarterly analysts' call.
LPL shareholders ran for the exits as one analyst after another asked where future growth was coming from amid light-hearted banter over grammar that fell flat…
Google has a plan to keep ads alive even when AI agents do the shopping
What it says. Google is developing a strategy to integrate AI agents into shopping, enhancing the user experience while preserving ad revenue for advisors and financial planners.
AI overviews have led to more searches than ever, but Google is not making money at the same rate.Matteo Della Torre/NurPhoto via Getty ImagesGoogle said that AI agents can automate shopping, but users will still want choices.Investors have long argued that AI chatbots and agents will threaten Google's search business.…
Shopify CEO turned his wine cellar into an AI rack — and uses it to find his most stressful meetings
What it says. Shopify CEO Tobi Lütke repurposed his wine cellar into an AI server room, using it to identify his most stressful meetings and improve his productivity.
Shopify CEO Tobi Lütke said he didn't have enough wine to fill his cellar, so he converted it into an AI server room.Cole Burston/Bloomberg via Getty ImagesShopify CEO Tobi Lütke converted his underused wine cellar into an AI server room.Lütke's AI assistant researches topics and pulls together his Fitbit and calendar …
Obama says The Cheesecake Factory was his 'jam' — and that Trump was less offended by being compared to Saddam Hussein
What it says. Former President Obama defended his Cheesecake Factory joke, explaining his frequent visits as a father, and countered the GOP backlash with a comparison to Saddam Hussein's restaurant.
Former president Barack Obama mocked the White House's response to his Cheesecake Factory joke.Spencer Platt/Getty ImagesObama defended his record on The Cheesecake Factory on Wednesday.He said he frequented the restaurant as a dad and mocked the GOP backlash to his joke."The president wasn't even mad about the Saddam …
Referral vendor Zoe Financial rewrites its ADV2 for fee hikes in its RIA TAMP that follow a censure, cease-and-desist order, and $450,000 civil penalty to atone for conflict disclosure failures in how it wears both hats
What it says. RIA firm Zoe Financial is adjusting its business model to provide financial advice, but faces regulatory issues due to conflict disclosure failures.
The New York City firm pivoted its business model in 2023 by moving up the value chain to financial advice, only to be tripped up by SEC disclosure rules.…
Microsoft cuts capex forecast on AI capacity delays
What it says. Microsoft lowered its 2026 capital expenditure forecast due to delays in third-party capacity for AI cloud services.
Microsoft CEO Satya Nadella.Dimitar DILKOFF / AFP via Getty ImagesMicrosoft lowered its 2026 capex forecast to $170 billion, down from $175 billion.CFO Amy Hood cited delays in third-party capacity as Wall Street scrutinizes returns on AI spending.Azure revenue jumped 48%, beating expectations, while Microsoft's headco…
TCW’s TPAY private asset income fund set to hit AUM milestone
What it says. Raymond James has recruited a $460M father-son team from Wells Fargo.
“It’s been popular – I’m on a plane every other week,” said TCW’s Dhruv Nagrath.…
Jennifer Lawrence and Josh Hutcherson will appear in 'The Hunger Games: Sunrise on the Reaping.' Here's everything we know about the film.
What it says. Jennifer Lawrence and Josh Hutcherson will appear in 'The Hunger Games: Sunrise on the Reaping,' a prequel to Suzanne Collins' 'The Hunger Games.'
"The Hunger Games: Sunrise on the Reaping" will premiere in November 2026.Courtesy of LionsgateSuzanne Collins' "Sunrise on the Reaping," published in 2025, is a prequel to "The Hunger Games."It's being adapted into a film, based on Haymitch's experience as a tribute from District 12.Jennifer Lawrence confirmed on Wedn…
Advisor moves: Raymond James lands $460M father-son team from Wells Fargo
What it says. LPL has recruited a $160M Edward Jones advisor in Alabama, and William Blair has opened a Dallas office with an ex-UBS wealth team.
Elsewhere, LPL recruits a $160M Edward Jones advisor in Alabama as William Blair opens a Dallas office with an ex-UBS wealth team…
Best Practices in AI Compliance: How Real Firms Are Making the Call
What it says. Financial firms are exploring best practices for AI compliance and implementation.
Financial firms are embracing AI. Explore best practices for compliance, transparency, human oversight, and responsible implementation.…
Wealth firms moving upmarket face tough talent and outsourcing calls
What it says. HNW practices outsource tax, trust, and estate work more often than other areas.
Cerulli finds HNW practices outsource tax, trust and estate work most often, as firms struggle to hire the specialists affluent clients expect…
Schwab Offers Credit to RIAs to Prompt Use of Claude AI Enterprise Plan
What it says. Schwab offers a $4,800 credit to RIAs for using their enterprise version of Claude AI, aimed at encouraging its use.
Schwab’s AI lead said RIAs would receive a $4,800 credit if they sign up for the enterprise version of Claude for Financial Advisors, initially eliminating a cost restriction for smaller firms.…
These are the questions advisors need to ask to ride the AI wave
What it says. Advisors need to understand AI tools to ride the AI wave.
“What AI tools am I using? They need to be clear on that,” said Brock Sutton of Capital Group.…
T. Rowe Price ramps up alternatives push
What it says. T. Rowe Price is ramping up its push for alternative asset classes.
“There’s an opportunity to really help advisors understand these new asset classes,” said T. Rowe Price’s Bill Cashel.…
Invesco looks to drive advisor performance and growth with Anthropic deal
What it says. Invesco is supporting advisors with its Anthropic deal to improve performance and growth.
“It is about supporting the advisor to be more effective with their client,” said Vanessa Touma of Invesco.…
LPL Lowers Commonwealth Asset Retention to 83%
What it says. LPL is lowering the retention rate for Commonwealth Asset Management, indicating growth and potential changes in pricing.
LPL is two weeks away from conversion, as it reports its strongest organic growth rate in more than a year and is considering new platform-fee pricing.…
LPL Financial to miss 90% target on Commonwealth asset retention
What it says. LPL Financial is expected to miss its target of retaining 90% of assets with Commonwealth.
Looks like the LPL doubters were right all along.…
Schwab CEO Wurster Commits to Small RIAs
What it says. Schwab CEO Wurster commits to supporting small RIAs, in contrast to Fidelity's decision to drop them.
CEO Rick Wurster kicked off the firm’s annual Impact conference in Boston with a pledge to continue supporting the firm’s 11,000 RIA clients with under $100 million in assets, just after competitor Fidelity announced it would drop firms of similar size.…
RIA M&A ties second-best quarter as PE turns to minority stakes
What it says. The third quarter saw 125 wealth management deals, with many advisors selling minority stakes rather than being acquired.
Echelon Partners counted 125 wealth management deals in Q3 2026, with the quarter's biggest deal targets by assets selling minority stakes rather than getting swallowed.…
Creating Introductions, Next Gen Owners And M&A Compliance
What it says. RIA M&A and introductions for next-gen owners are discussed in this Wealth Solutions Report.
Plus Our Deals & Recruiting Roundup, Annuities Gaining Ground, Transformation Vs. Optimization, Investors Struggle To Understand Fees, Osaic’s And AmeriFlex’s Recruits, Sowell’s CIO, Beacon Pointe’s Acquisitions, VestGen’s Growth Capital Deal And Fractional Family Offices…
Anthropic IPO filing flags legal risks as Claude advisor offering expands
What it says. Anthropic's IPO filing highlights legal risks associated with its AI advisor Claude.
The AI lab's S-1 details an FTC probe, AI agent liability exposure and models that escaped testing just as it pushes further into advisor tech stacks…
What High Diesel Prices Mean For Inflation And Client Conversations
What it says. Diesel prices rise, impacting inflation and client conversations, according to this Wealth Solutions Report.
Assessing Household Strain And Portfolio Risk As Diesel Prices Rise…
Citizens Adds $1.2B Newport Beach Team From Comerica Bank
What it says. Citizens Private Wealth has added a $1.2 billion team from Comerica Bank, deepening their presence in high-net-worth client relationships.
Matt Webber and Chris Illiano bring their California practice to Citizens Private Wealth, deepening the bank's push into high-net-worth client relationships statewide.…
Charitable giving starts with values, not tax breaks, advisors say
What it says. Advisors emphasize the importance of values over tax breaks in charitable giving.
Donor-advised fund assets have reached nearly $328 billion, but advisors say the best year-end giving plans begin with client values…
401(k) Real Talk Episode 214: October 28, 2026
What it says. Open discussion on a new Capital Group TDF, the value of DC plans, and changes coming to 401(k) plans.
Open, honest and candid discussion about a new Capital Group TDF, the value of DC plans, how advisors are selecting record keepers, changes coming to 401(k) plans and more.…
InvestmentNews Rising Stars of 2026: The next-gen making the complicated simple
What it says. The InvestmentNews Rising Stars of 2026 are recognized for their trust-building, plain language, and judgment in complex situations.
Ahead of a historic wealth handoff, this year's best advisors and wealth managers under 40 are winning on trust, plain language, and the kind of judgment no chatbot can replicate.…
A Landlord’s Moral Dilemma When Tenants Strike It Rich
What it says. A landlord faces a moral dilemma as their tenants, who are now wealthy due to Anthropic's S-1 filing, seek advice on estate planning and wealth management.
With Anthropic’s S-1 now filed with the SEC, over 5,000 employees are about to become extremely wealthy. We’re talking about the median employee making $3 million to $10 million within three years, and likely at least a thousand people making well into eight figures or more. The numbers behind it are astounding. The fi…
New IRS Guidance Disallows Some Sec. 351 Exchanges And Puts The ‘Yellow Light’ On Other ETF Strategies: How To Manage The ‘Tax Risk’ Of Tax-Aware Investing
What it says. New IRS guidance restricts certain tax strategies, requiring advisors to manage tax risks in tax-aware investing.
Given some of the frictions and costs involved with implementation, many sophisticated tax planning strategies have historically been the purview of only the wealthiest investors. However, thanks to technological and other advances, in recent years certain tax-aware investment strategies have become available to a wide…
The Retirement Travel Trap - by Jordan Grumet
What it says. Jordan Grumet discusses the common misconception that travel is the ultimate goal for retirement, and how advisors can help clients identify if travel truly aligns with their purpose and sense of flow.
In the financial independence community, people often struggle to identify their true purpose. When I ask people what their “why” is for retirement, the answer usually boils down to one of two things: their children or travel. I want to focus on travel. Many people assume globe-trotting should be their ultimate goal, y…
Everybody hates their HOA — especially the people who run them
What it says. A homeowner's experience with an unresponsive homeowners association board highlights the challenges faced by HNW clients in managing their properties.
iStock; Tyler Le/BIHOA president was not on the list of titles Lana Martin ever planned to hold, but it's one that's befallen her.Martin bought a townhouse in a 13-unit complex in Los Angeles in 2022. She quickly realized that the leaders of her homeowners association were ignoring a number of unaddressed issues, inclu…
Noah Wyle says success in his 20s taught him that bigger spaces can feel lonelier
What it says. Noah Wyle, a successful actor, shares how his early success and the trappings of wealth taught him the importance of meaningful work and family life.
Noah Wyle said his early success made him rethink what it means to have a meaningful life.Trae Patton/NBC via Getty ImagesNoah Wyle became a household name in his 20s thanks to "ER."But a big house and the trappings of success did not always add up to a fuller life, he said.These days, he says meaningful work and famil…
Leading RIAs – East
What it says. The region's standout firms are building integrated, relationship-first practices shaped by the communities they serve.
The region’s standout firms are building integrated, relationship-first practices shaped by the communities they serve…
Schwab IMPACT 2026 full conference coverage
What it says. InvestmentNews traveled to Boston, Massachusetts, to cover Schwab's annual conference.
InvestmentNews traveled to Boston, Massachusetts, to cover Schwab's annual conference. All coverage can be found here.…
Cherry on top: Cheesecake Factory dishes out an earnings win from the center of the Obama-Trump controversy
What it says. The Cheesecake Factory's strong third-quarter earnings report comes amid a high-profile political controversy, highlighting the restaurant's resilience and potential for HNW clientele.
The Cheesecake Factory delivered an earnings win amid a presidential feud.Timothy Hiatt/Getty Images/The Cheesecake FactoryThe Cheesecake Factory served up some sweet sales numbers in an earnings call Tuesday.The chain had a lot on its plate: It's been at the center of a presidential feud for days.The Cheesecake Factor…
The pace of advisors going RIA is quickening, says Advisory Services Network’s Trey Prescott
What it says. About a third of ASN’s launches this year have come from the wirehouse world.
About a third of ASN’s launches this year have come from the wirehouse world.…
Schwab launches National RIA Day to recruit students into advisor industry
What it says. Schwab launches National RIA Day to recruit students into advisor industry.
In partnership with the CFP Board, Schwab's February event sends advisors to college campuses amid a projected need for 70,000 new hires.…
Schwab IMPACT 2026 kicks off in Boston
What it says. More than 6,000 people are expected to attend the event at the Thomas M. Menino Convention and Exhibition Center in Boston.
More than 6,000 people are expected to attend the event at the Thomas M. Menino Convention and Exhibition Center in Boston.…
Anthropic extends reach into advisory industry with slew of new partners
What it says. Anthropic extends reach into advisory industry with slew of new partners.
“Just like everyone else we’re trying to learn to deliver great outcomes to advisors,” said Michael Camp of 55ip.…
Wallace Finance Builds Tool to Capture Advisor Knowledge
What it says. RIA M&A continues to thrive, with private equity-backed acquirers' share of transactions easing slightly while overall deal volume remains high.
Wallace Finance is expanding its digital twin tool beyond training and succession, eyeing a new role helping RIA roll-ups vet acquisition targets during due diligence.…
Amazon tells software engineers what really matters as AI ushers in the era of the 'Renaissance Developer'
What it says. Amazon has issued new guidelines for software engineers, emphasizing the importance of business outcomes over raw AI usage in the AI era, which is reshaping software development.
AWS CEO Matt GarmanNoah Berger/Getty Images for Amazon Web ServicesAmazon shifts AI focus to business impact, not just raw usage, in new developer guidelines.The company warns that AI metrics can create bad incentives, including “tokenmaxxing.”Managers are told to examine teams at both the highest and lowest levels of …
Advisor optimism on organic growth clashes with reality: SEI
What it says. Advisor optimism on organic growth clashes with reality: SEI
Data from SEI says 81% of advisors are bullish on their expectations to add new clients, despite underwhelming organic growth rates across the industry.…
Echelon: PE-Backed Buyers' Deal Volume Dips as RIA M&A Stays Strong
What it says. RIA M&A remains strong, with private equity-backed acquirers' share of transactions easing slightly, despite record-high overall deal volume.
Echelon's third quarter report found private equity-backed acquirers’ share of RIA transactions eased slightly, even as overall deal volume stayed near record highs for the year.…
Nvidia's worst nightmare may be lurking inside Anthropic's IPO filing
What it says. Nvidia's dominance in AI could be challenged by Anthropic's multichip strategy in its upcoming IPO, potentially giving smaller players more negotiating leverage.
Nvidia CEO Jensen Huang.Joel Saget / AFP via Getty ImagesAnthropic is touting its ability to use different AI chips in its initial public offering filing.Analysts say a multichip strategy could weaken Nvidia's pricing power.Switching chips is hard and expensive, putting it out of reach for smaller players.Anthropic is …
The pros and cons of offering voluntary buyouts to employees
What it says. Microsoft and Google are considering voluntary buyout programs as alternatives to layoffs, raising questions about their effectiveness and potential risks for employees and companies.
Microsoft offered buyouts to more than a quarter of its employees on Monday.David Ryder/ReutersMicrosoft recently offered voluntary exit packages to some employees. It's the company's second buyout offer this year.Some Google workers have said they want buyouts offered before layoffs, and to more employees.Buyouts migh…
Why upcoming IRS rollover guidance is likely to disappoint advisors
What it says. The IRS changes will help with some advisor pain points, but several processes seen as antiquated may remain.
The IRS changes will help with some advisor pain points, but several processes seen as antiquated may remain.…
The feds seized a stake in Anthropic from Sam Bankman-Fried's friends. What happened to the shares?
What it says. The federal government has seized shares from associates of crypto fraudster Sam Bankman-Fried, potentially worth billions, and is selling them to existing Anthropic shareholders.
Two associates of Sam Bankman-Fried invested in Anthropic. After they were sentenced for fraud, their shares entered a legal black hole.ANGELA WEIS/Getty Images; Tyler Le/BISam Bankman-Fried's Anthropic stake was liquidated in bankruptcy court two years ago.The feds seized shares belonging to two co-conspirators, Carol…
Anthropic Expands Claude Advisor Tool
What it says. Wall Finance expands its digital twin tool to help RIA roll-ups vet acquisition targets during due diligence.
The flurry of integrations, including CAIS, Conquest, FINNY, Invesco and MSCI, comes a day after Anthropic filed for its highly anticipated IPO.…
Jump Expands Claude Integration With New Advisor Skills
What it says. RIA M&A continues to thrive, with private equity-backed acquirers' share of transactions easing slightly, despite record-high overall deal volume.
Jump broadens its Anthropic partnership, rolling out skills meant to transform advisor-client conversations into organized follow-up tasks, recaps and commitment tracking.…
$1.1B Georgia Team Leaves Raymond James for Independence
What it says. Stribling-Whalen Financial Group is custodying client assets with Fidelity and works high-net-worth individuals, families and business owners in Georgia and other states.
The Stribling-Whalen Financial Group is custodying client assets with Fidelity and works high-net-worth individuals, families and business owners in Georgia and other states.…
Jailed Florida broker, facing sexual battery charge, ghosts FINRA
What it says. Jailed Florida broker, facing sexual battery charge, ghosts FINRA
The regulator has been trying to reach imprisoned advisor Jason Foley.…
Why Access, Not Appetite, Is Holding Advisors Back in Alternatives
What it says. Allocations to outstanding investments are won through relationships, and terms are negotiated only when there is size and scale.
Allocations to outstanding investments are won through relationships, and terms are negotiated only when there is size and scale.…
A rising wealth tide lifts all yachts
What it says. Executives are optimistic that wealthy Americans will drive growth in the yachting industry at this year's Fort Lauderdale International Boat Show.
As the yachting world prepares for the Fort Lauderdale International Boat Show this week, executives are betting on wealthy Americans to power the industry.…
12 Investment Must Reads for This Week (Oct. 27, 2026)
What it says. Year-to-date ETF launches have already surpassed the record set for full year 2025, with JP Morgan Asset Management touting bonds as a 'generational' investment opportunity.
Year-to-date ETF launches have already surpassed the record set for full year 2025, reports ETF Db. JP Morgan Asset Management touts bonds as “generational” investment opportunity, but not everyone is convinced they are low risk. These are among the investment must reads for financial advisors this week.…
RIA Edge Podcast: Scaling RIAs While Preserving Advisor Control with Jim Dickson
What it says. Jim Dickson discusses how minority capital can support RIA growth while advisors retain meaningful ownership and decision-making control.
Elevation Point’s Jim Dickson details how minority capital can support RIA growth while advisors retain meaningful ownership and decision-making control.…
Deals & Recruiting Roundup: Modern, Latigo, Janney, Ameriprise And More
What it says. Modern Wealth, Wealthspire, and Latigo Peak are among the M&A deals and recruiting activities in the RIA industry this week.
M&A By Beacon Pointe, Modern Wealth And Wealthspire; Latigo Peak And Truing Launch; Recruiting By Osaic, Janney, Ameriprise And Kintra; People Moves By Sowell And Ballentine; Research By Cerulli…
SurgeONE.ai Adds Avery Actions To Compliance Platform
What it says. SurgeONE.ai has added Avery Actions to its compliance platform, enhancing its offerings for RIA firms.
Update Includes Communications Archiving, Off‑Channel Monitoring And AI Governance…
I Retired at 65: Here’s My Monthly Budget
What it says. A retired renter's monthly budget breakdown, according to GOBankingRates.
A retired renter's budget breakdown.…
Hedge funds belong at the core of portfolios, report reveals
What it says. Hedge funds belong at the core of portfolios, report reveals
Dispersion, AI-driven innovation and a corporate M&A boom are reshaping the case for hedge fund allocations heading into 2027.…
The Path From (Unpaid) Intern To CEO Of A $3.4 Billion Advisory Firm: #FASuccess Ep 513 With Neela Hummel
What it says. CEO of a $3.4 billion advisory firm shares her journey from unpaid intern to CEO on the Financial Advisor Success Podcast.
Welcome everyone! Welcome to the 513th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Neela Hummel. Neela is the CEO of Abacus Wealth Partners, an RIA based in Santa Monica, California, that oversees $3.4 billion in assets under management for 1,550 client households. What's unique abo…
8 Things To Stop Doing After 60, According to Kevin Lum
What it says. Money advice for retirees to make retirement more meaningful, according to GOBankingRates.
Money advice to make retirement more meaningful.…
Midterm election won't change portfolio fundamentals, advisors say
What it says. Midterm election won't change portfolio fundamentals, advisors say
Wealth managers urge discipline before Nov. 3 and point clients to year-end tax planning moves no election can change…
Microsoft's AI workforce reset targets 27% of global staff in new buyout
What it says. Microsoft is restructuring its workforce, with a significant portion of the global staff being targeted in a new buyout initiative.
Magnificent 7 firm continues to ‘right size’ workforce in AI-related shift also seen in financial services.…
HSA investing gap creates retirement planning risk for clients
What it says. Many HSA holders are keeping their funds in cash, which could pose a risk to their retirement savings.
Healthcare inflation running at 280% of CPI - and most HSA holders are sitting in cash.…
Investor bearishness climbs as inflation and midterms unsettle US markets
What it says. Investors are becoming increasingly pessimistic about the market, driven by inflation, rate hikes, and upcoming elections.
Bearish sentiment has risen to 42% as investors confront persistent inflation, rate-hike prospects and election uncertainty.…
Tandems Launches Hamilton AI Assistant For Advisors
What it says. Tandems launches Hamilton AI Assistant for advisors, designed to manage up to 80% of daily tasks for financial professionals.
The AI-native wealth platform says its new tool can manage up to 80% of daily tasks for financial professionals, drawing on insights gathered from thousands of advisors nationwide.…
High-growth retirement plan advisors gain AUM faster, BlackRock data shows
What it says. High-growth retirement plan advisors are experiencing faster AUM growth compared to the industry average.
New research identifies the practice habits driving 121% DC AUM growth among the industry's top performers.…
Intuit plans bigger AI rollout with accountants
What it says. Intuit executives outlined the latest enhancements to QuickBooks, Intuit Accountant Suite and Intuit Enterprise Suite leveraging AI.
Intuit executives outlined the latest enhancements to QuickBooks, Intuit Accountant Suite and Intuit Enterprise Suite leveraging AI during Intuit Connect.…
Ukraine's Starlink slowdown only dropped its interception rate against Russia's new Shaheds by a few percent
What it says. Ukraine's air defense system saw a slight drop in intercepting Russian Shahed jet drones, despite a 10-day Starlink slowdown, highlighting the evolving threat landscape in the region.
Firefighters extinguish a fire at a medical facility hit by a Russian drone in Kyiv.Oleksandr Magula/Suspilne Ukraine/JSC "UA:PBC"/Global Images Ukraine via Getty ImagesUkraine downed about 74% of Russia's turbojet Shaheds while Starshield was throttled, ISW says.That's about 3 percentage points lower than its typical …
Schwab is the latest to leap on runaway 'Nevis' AI bandwagon with capital backing and a critical endorsement
What it says. Schwab has joined the growing list of financial firms backing the AI platform Nevis, following the recent issues with Anthropic.
After Anthropic hiccup, the custodian to 17,000 RIA firms puts its money where Jon Beatty's mouth is -- the AI platform chosen by Focus Financial, United Capital and others with $700 billion combined…
Nike CEO Elliott Hill knew he’d always miss breakfast with his kids. He made another part of the day nonnegotiable.
What it says. Nike CEO Elliott Hill emphasizes the importance of scheduling family time, even during his demanding work schedule, and shares his structured routine for maintaining work-life balance.
Nike CEO Elliott Hill said he schedules family time on his calendar.Bloomberg/Getty ImagesNike CEO Elliott Hill said he schedules his personal and family time on his calendar.When he's not traveling, he follows a structured routine.He said his early workdays did not stop him from finding time for his kids.Nike CEO Elli…
I moved abroad to pursue my dream job. My mom's health scare brought me home.
What it says. A young entrepreneur shares how his mother's health scare led him to return home from Australia, highlighting the importance of family in financial planning and decision-making.
Viaano Spruyt gave up the life he was building in Australia to return to Singapore after his mother's health scare.Provided by Viaano Spruyt.Viaano Spruyt first became a caregiver as a teenager when his father fell ill.After his father died, he moved to Australia to study and build a life there.Three years later, he re…
What smart people are saying about Anthropic's IPO paperwork
What it says. Venture capitalist Sarah Guo shares her insights on Anthropic's S-1 filing, highlighting the company's financials and mission post-IPO.
Anthropic, led by Dario Amodei, filed its S-1 paperwork in Monday.Bloomberg/Getty ImagesAnthropic filed its S-1 on Monday, revealing the company's internal financials.Investors, researchers, and tech onlookers shared their thoughts.Some applied S-1 learnings to their own industries, like startups and venture capital.An…
This AI startup raised $300 million to build digital versions of consumers
What it says. AI startup Simile has raised $300 million to create digital simulations of consumer behavior, which companies can use to test marketing strategies and product development.
Simile, an AI startup, raised $300 million at a $2 billion valuation to build models that simulate consumer behavior.Alistair Berg/Getty ImagesSimile raised $300 million to build models that simulate consumer behavior.CEO Joon Sung Park said users can define an audience and ask simulated consumers questions.Park said C…
What gave this city its ‘best place to retire’ crown? You can actually afford to live there.
What it says. Nearly half of Americans haven’t calculated what they’ll need in retirement, leaving them 'blind' to their financial future.
Low cost of living, high quality of life and favorable taxes for retirees, for the win.…
The feds made $627 million selling Anthropic stock from SBF's friends — but could have made billions
What it says. The federal government made a significant profit by selling Anthropic stock seized from associates of crypto fraudster Sam Bankman-Fried, highlighting the potential gains from holding onto seized assets.
Sam Bankman-Fried and two of his co-conspirators held investments in Anthropic, the AI company that has since soared in value.Bloomberg/Getty ImagesThe feds seized Anthropic shares last year from Sam Bankman-Fried's associates.Several months later, the government sold them for $627 million.If Anthropic IPO'd in Novembe…
I lead HP in Asia. I use my phone in 10-minute bursts and play my guitar between late-night calls.
What it says. HP managing director shares his unique approach to balancing work and personal life, including his music career and phone curbs.
HPThis is an as-told-to essay based on a conversation with Michael Boyle, the 55-year-old managing director of HP Greater Asia, based in Singapore. The following has been edited for length and clarity.I've been at HP for more than a decade, but I'm a musician first.I've been in rock bands for most of my life in every c…
Anthropic's IPO filing answers one of the biggest questions about the AI boom: Can AI labs actually make money?
What it says. Anthropic's recent IPO filing provides a compelling look at how AI companies can achieve profitability, potentially offering valuable insights for HNW clients and advisors.
Posters on a wall at Anthropic's developer conference in San Francisco.Alistair Barr/Business InsiderAnthropic shows strong profit potential, with revenue growing way faster than expenses.Anthropic's revenue per employee exceeds $6.6 million, outpacing estimates for Meta and Google.Anthropic has a surprisingly diverse …
‘You need only watch episodes of Judge Judy’: I’m in my 70s. Why do people keep making the same avoidable financial mistakes?
What it says. People are still making avoidable financial mistakes, such as accumulating credit-card debt or failing to plan for retirement.
“Consider some familiar examples of poor decisions: accumulating credit-card debt or failing to plan for retirement.”…
Dividend stocks are having an excellent October as tech sector struggles
What it says. ETFs focused on dividend stocks are seeing a powerful rally in October, adding to huge gains in 2026.
ETFs focused on dividend stocks are seeing a powerful rally in October, adding to huge gains in 2026.…
Options traders are seizing control of the S&P 500
What it says. There’s a reason the S&P 500 hasn’t moved much since June, according to a team at UBS.
There’s a reason the index hasn’t moved much since June, according to a team at UBS.…
TikTok parent ByteDance’s chatbot is now giving travel-booking sites a run for their money. And yours.
What it says. TikTok parent ByteDance’s chatbot is now giving travel-booking sites a run for their money, raising concerns about hidden agendas.
Consumers in China are starting to wonder — for good reason — whether the emerging AI travel agents have a hidden agenda.…
Over 40% of Americans are heading toward retirement ‘blind’ — with no plan
What it says. Over 40% of Americans are heading toward retirement 'blind' with no plan.
Nearly half of Americans haven’t calculated what they’ll need in retirement.…
A possible DoorDash-Instacart deal is all about keeping up with Walmart and Amazon, analysts say
What it says. A possible DoorDash-Instacart deal is all about keeping up with Walmart and Amazon.
The Wall Street Journal reports that DoorDash was in ‘advanced talks’ to buy Instacart in a deal that would value Instacart at roughly $17 billion…
Nvidia, AMD and Broadcom could buy Meta shares as part of $35 billion stock offering
What it says. Nvidia, AMD and Broadcom could buy Meta shares as part of a $35 billion stock offering.
Meta is looking to raise a total of $95 billion through stock-related deals that stretch into early next year.…
Why Lumentum’s stock led the S&P 500 higher on Monday
What it says. Meta is looking to raise a total of $95 billion through stock-related deals that stretch into early next year.
Optical stocks are staging a comeback following Anthropic’s IPO filing and some other good news…
With the Anthropic IPO, the devil is in the details
What it says. With the Anthropic IPO, the devil is in the details, as the first draft of the AI company’s prospectus is light on details.
The first draft of the AI company’s prospectus is light on details, but some things immediately leap out.…
Elder fraud losses hit $3B as investment scams surge 42%, FTC says
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
Six-figure losses, social media lures and impostor schemes are draining older clients’ savings, report to Congress shows…
Your Clients’ Other Accounts Are Someone Else’s Opportunity
What it says. Rockefeller Capital Management has expanded its Global Family Office division with a Houston team from J.P. Morgan.
Non-advisory accounts are easy to overlook and costly to ignore. A consolidated approach can help advisors gain a more complete view of clients assets, improve risk oversight and enhance practice efficiency.…
SEC 2027 exam priorities target RIA fees, cash management and M&A
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
Examiners will probe economic conflicts, private fund valuations and amended Reg S-P compliance as super intelligence enters the agenda …
Another ex-LPL Financial advisor in trouble, this time in Iowa
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
William Tunink, an industry veteran, was indicted for running a Ponzi scheme this month in Des Moines.…
Rockefeller Adds J.P. Morgan Team in Houston
What it says. RBC has hired a UBS veteran to lead in southern Texas, and American Beacon Partners has hired a client portfolio manager from Envestnet.
Rockefeller Capital Management has expanded its Global Family Office division, bringing on a seven-member Houston team led by Chris Sheets and Forrest Green from J.P. Morgan.…
Big firms locking down advisors with pay in 2027
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
The competition to hang onto advisors is intense, and retention bonuses for advisors are increasingly part of their pay packages.…
Nevis Lands $70M to Expand AI Wealth Platform
What it says. Meeder Investment has hired a new product lead to bolster market penetration.
The Series B round includes backing from EQT Ventures, Charles Schwab and Revolut founder Nik Storonsky.…
People Moves: $6.8B Sowell Names New CIO, Launches Investment Office
What it says. RBC has hired a UBS veteran to lead in southern Texas, and American Beacon Partners has hired a client portfolio manager from Envestnet.
In other moves, RBC snags a UBS veteran to lead in southern Texas; American Beacon Partners hires a client portfolio manager from Envestnet; and Meeder Investment hires a new product lead to bolster market penetration.…
Fed likely to hold this week, but December hike odds top 70%
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
Hot inflation data and a midterm election six days away leave the Fed with what one mortgage executive calls “a massive conundrum.”…
Hybrid RIAs to get a head start on FINRA performance projections rule
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
Broker-dealers will soon share targeted returns under SEC-approved Rule 2210 changes, but one securities lawyer warns the regimes aren’t identical.…
Tipalti launches treasury solution
What it says. Payments and finance platform Tipalti now offers a fully integrated treasury solution.
Payments and finance platform Tipalti now has a fully integrated treasury solution which connects real-time cash visibility and automated forecasting with accounts payable.…
Wealth Management Invest: Fixed Income Opportunities in a Higher-Rate Market with Sean Banai
What it says. RBC has hired a UBS veteran to lead in southern Texas, and American Beacon Partners has hired a client portfolio manager from Envestnet.
Voya's Sean Banai discusses Federal Reserve’s rate path, persistent inflation and Treasury yields, and how to generate attractive income without taking on extra duration.…
RIA annuity adoption tops insurers’ 3-year outlook, Goldman finds
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
Insurers ranking independent broker-dealers ahead of RIAs for near-term growth as fee-only fiduciaries still find annuities a hard fit…
Views From 6,230: What Advisors Need from Asset Managers
What it says. RBC has hired a UBS veteran to lead in southern Texas, and American Beacon Partners has hired a client portfolio manager from Envestnet.
Founder ETFs' Michael Monaghan discusses how stronger partnerships between financial advisors and asset managers can help advisors deliver more value, deepen client engagement and win new business.…
Major Changes Coming to 401(k) Plans Driven by Employers, Participants
What it says. Non-advisory accounts are easy to overlook and costly to ignore. A consolidated approach can help advisors gain a more complete view of clients assets, improve risk oversight and enhance practice efficiency.
Convergence is pitting advisors and providers against each other.…
Numeral announces partner program with revenue sharing, support
What it says. Numeral announced a partner program for accounting and advisory firms with revenue sharing and support.
Numeral announced the launch of a partner program for accounting and advisory firms, offering revenue sharing and firm development support.…
Stop Asking For Referrals. Start Creating Introductions.
What it says. RIA Founders Can Build More Durable And Transferable Organic Growth By Creating A Repeatable Process For Client Introductions
RIA Founders Can Build More Durable And Transferable Organic Growth By Creating A Repeatable Process For Client Introductions…
Caregiving costs emerge as a midterm issue for older voters
What it says. The SEC is focusing on RIAs' fees, cash management, and M&A in their upcoming exams.
Most voters 50-plus in swing districts favor candidates backing a caregiver tax credit, as caregiving drains retirement savings…
Advisors Are Driving Meaningful Change Beyond Their Firms With Charitable Work
What it says. Advisors Are Driving Meaningful Change Beyond Their Firms With Charitable Work
In A Webinar, Invest In Others And FSI Explain How Community Involvement Can Shape Advisors’ Careers…
Beware, A Disability Can Force You Into Early Retirement
What it says. Financial Samurai warns about the risk of disability forcing early retirement, citing personal experience with asthma during a pandemic.
Earlier this year, I was sick for two weeks. Unfortunately, I’ve had asthma since I was a kid. So when a respiratory illness hits, I tend to cough and suffer longer than the average person. During COVID, my asthma flared up more often, likely due to the stress of having a baby during a pandemic. […] The post Beware, A …
The 16 Best Financial Advisor Conferences To Attend In 2027
What it says. Kitces highlights the 16 best financial advisor conferences to attend in 2027, reflecting the ongoing evolution of the industry.
The world of financial advisor conferences has evolved tremendously over the past 15 years. Yet while conferences were punctuated by a great pause due to COVID, the underlying shifts are driven more by how the growth of the internet is still reshaping both the ways that advisors get their education and professional dev…
Digital asset custody reshapes how banks compete in tokenized finance
What it says. Regional banks that get custody strategy right could unlock up to $100M in new revenue, according to a BCG report.
Regional banks that get custody strategy right could unlock up to $100M in new revenue, a BCG report reveals.…
Fidelity's $100M custody minimum forces small RIAs to pick a path
What it says. With a June 2027 deadline looming, experts debate whether Fidelity's $100M custody minimum fuels RIA consolidation or rewards independence.
With a June 2027 deadline looming, experts debate whether the move fuels RIA consolidation or rewards independence…
Wealth firms report organic growth rebound, but process gaps persist
What it says. Wealth firms report organic growth rebound, but process gaps persist, according to new F2 Strategy research.
New F2 Strategy research finds more firms growing without M&A, yet one-third still lack a defined growth process.…
Shareholder support rebounds even as proxy proposals hit new low
What it says. Shareholder support for proposals rebounded to 27.9% in 2026, while overall submissions continued to fall, according to Broadridge data.
Broadridge data shows support for shareholder proposals climbed to 27.9% in 2026, while overall submissions continued to fall.…
AI governance gaps leave RIAs exposed to a new wave of cyber threats
What it says. Advisory firms are more vulnerable to cyber threats due to gaps in AI governance and oversight.
Shadow AI, weak oversight, and no formal policy highlight why advisory firms are more exposed to cyber risk than they realize.…
Year-end tax planning: 5 moves advisors should review with clients
What it says. Year-end tax planning tips for advisors, including charitable gifts and opportunity zone gains.
From charitable gifts to opportunity zone gains, here are fourth-quarter tax moves advisors should address while keeping clients' longer-term plans in mind.…
Roth Versus Traditional Account Contributions and Tax Rate Uncertainty
What it says. This article discusses the uncertainty in Roth and traditional account contributions based on expected tax rates, which is relevant for advisors working with HNW clients.
Journal of Financial Planning: March 2023 David S. Hulse, Ph.D., is an emeritus professor at the University of Kentucky. He has published tax-related articles in this Journal and many others and is a contributing author for a federal taxation textbook. He is a co-recipient of the 2021 Montgomery-Warschauer Award. Cli…
What Care Costs
What it says. What Care Costs provides detailed cost data for Skilled Nursing Homes, Home Health Aides, and Assisted Living Facilities across the U.S., offering valuable insights for HNW clients and advisors.
What Care Costs What Care Costs requires modern browser support for a better experience. Please use Chrome, Safari, Firefox, or IE 11 and above. Click GO to get started. What Care Costs allows you to view the costs of Skilled Nursing Homes, Home Health Aides and Assisted Living Facilities in your area and across the co…
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Investors still want advisors, even as AI expands investment choices
What it says. Despite the rise of AI in investment choices, investors continue to prefer working with human advisors, according to a recent study.
The wealth management industry has spent years bracing for a moment when technology might displace the human advisor, but according to a major new study released this month, that moment has not arrived and may be moving further away. The 2026 Voice of Investor Satisfaction, Trust, and Advocacy (VISTA) study, an indepen…
Elon Musk’s dust-up with Ukraine on Starlink isn't over yet
What it says. Elon Musk's accusation of Ukrainian forces using Starlink for drone strikes highlights the complex regulatory landscape surrounding military and civilian technology use.
Ukrainian troops deploy a Starlink terminal on the battlefield. Kyiv is allowed to use the civilian service for communications needs, but not for drone strikes, for which it relies on Starshield.Dmytro Smolienko/ Ukrinform/Future Publishing via Getty ImagesElon Musk has accused Ukrainian forces of using commercial Star…
Elon Musk says neoclouds are cooked, and SpaceX won't be buying them
What it says. Elon Musk criticizes neoclouds, stating they are facing significant challenges and SpaceX will not be investing in them.
Elon Musk said neoclouds are going to see "guppy-level death."Win McNamee/Getty ImagesElon Musk is not a fan of neoclouds, which are specialized cloud companies that provide compute for AI.He said many neoclouds will face "guppy-level death" and SpaceX would not be buying any of them.Musk replied to Chamath Palihapitiy…
Families should stockpile 3 days' worth of essentials in today's world of disaster and war, the UK warns
What it says. The UK has issued a campaign urging families to prepare for emergencies by stockpiling three days' worth of essentials, including food, water, and hygiene products.
UK Prime Minister Andy Burnham and two ministers stack bread loaves at a supermarket for an event. Burnham's office has issued a campaign urging people to prepare household emergency stockpiles.Richard Pohle / POOL / AFP via Getty ImagesThe UK has issued a three-day essentials checklist it hopes its people will prepare…
Netflix relocated me to Japan. After I left the job, I found a new way to stay.
What it says. Matthew Kelson, a former Netflix employee, leveraged his relocation to Japan to start a new business, opening a movie theater in a small town, offering insights into entrepreneurship and the flexibility of the modern workforce.
Matthew Kelson knew he wanted to stay in Japan and decided to open a movie theater.Provided by Matthew KelsonMatthew Kelson, now 43, grew up in Michigan and opened his first cinema in his 20s.He went on to work for Netflix in Los Angeles before getting transferred to Japan in 2020.After leaving his job at Netflix earli…
The Rise of A.I. Has Made Human Interaction the Ultimate Luxury Good
What it says. This article discusses a luxurious penthouse in Cap d'Antibes with a Kennedy family connection, priced at $45 million.
For the elite, friction is often the point: a person who remembers your table, or a tailor who insists on three fittings.…
As the Wine Industry Retracts, Some Are Still Betting Big on Napa
What it says. This article describes a 15th-century palazzo in Florence transformed into luxury apartments, offering full-service hospitality.
Not all news out of the Valley is bad news.…
Trump on high gas prices: 'We're making a freaking fortune'
What it says. President Trump claims US oil companies are making a fortune due to high oil prices and Iran sanctions, while Americans are paying record gas prices.
President Donald Trump said on Saturday that American oil companies were making a fortune on the Iran war.Andrew Harnik/Getty ImagesTrump said on Saturday that American oil companies are making a "fortune" on the Iran war.Americans, however, are paying record prices at the pump, according to AAA.Trump made the comments…
Taste Test: Jack Daniel’s New Single Barrel Rye Is Extremely Strong and Very Good
What it says. This article highlights a triplex penthouse in Cap d'Antibes with a Kennedy family connection, priced at $45 million.
This is a new limited-edition single barrel release from the Tennessee distillery.…
Apollo says AI has delivered 'zero financial payoff' outside the tech industry
What it says. Apollo Global Management warns that only tech companies are seeing financial growth from the AI boom, while other industries are viewing AI spending as a cost center.
One of the world's largest investment firms isn't bullish on AI.Michael M. Santiago/Getty ImagesOnly tech companies are seeing growth from the AI boom, Apollo Global Management says.Apollo says that though some big companies are spending big on AI, they may soon pull back.Corporate America is starting to see AI spendin…
I've worked as an interior designer for over 20 years. Here are 8 decorating 'rules' worth breaking.
What it says. An experienced interior designer shares design 'rules' worth breaking, offering practical advice for clients looking to improve their homes.
Many interior design "rules" should be challenged and sometimes even broken.alvarez/Getty ImagesI've been an interior designer for years, and I believe some design "rules" are worth breaking.A room not working doesn't mean you need to make it bigger or completely remodel it.Don't avoid using furniture that's "too nice,…
I tried Ina Garten's 2 favorite chocolate cakes. One recipe took more time, but it was the best cake I've ever made.
What it says. A comparison of two chocolate cakes by Ina Garten, a popular TV chef.
I made two of Ina Garten's most popular chocolate cakes to see which dessert was best.Anneta Konstantinides/Business InsiderI tried two of Ina Garten's most popular chocolate cakes for the ultimate dessert showdown. Her chocolate cake with mocha frosting was delicious and easier to make. But Garten's Beatty's Chocolate…
More than a third of S&P 500 companies are about to report earnings as market confidence cracks
What it says. More than a third of S&P 500 companies are about to report earnings, and market confidence is already cracking.
“With cautious to negative market sentiment, it could be a tricky week,” one strategist says.…
I'm 62, covered in tattoos, and refuse to dress my age. Getting older doesn't mean getting boring.
What it says. A personal essay about a 62-year-old woman who refuses to dress her age.
Lonni Pike refuses to dress her age.Courtesy of Lonni PikeLonni Pike got sober at 51 after years of addiction and felt ready for a fresh start.She rejected expectations that older women should dress conservatively or fade into the background.Now 62, she's a fashion influencer, Twitch gamer, and advocate for aging on he…
First Drive: Bentley’s New Supersports Is a Balletic Beast on the Road
What it says. This article describes a luxurious penthouse in Cap d'Antibes with a Kennedy family connection, priced at $45 million.
We get behind the wheel of the limited-edition model at Laguna Seca in Northen California.…
This 15th-Century Palazzo in Florence Was Transformed Into 6 Luxe, Full-Service Apartments
What it says. This article describes a luxurious penthouse in Cap d'Antibes with a Kennedy family connection, priced at $45 million.
On the capital's languid left bank, a couple of French transplants have added their own sense of savoir faire to the Italian city’s hospitality scene.…
Schwab trumpeted Anthropic's Claude for all 16,000 of its RIAs, but a 20-seat enterprise minimum suddenly sidelines 11,000-plus small firms -- right before IMPACT 2026
What it says. Schwab's recent promotion of Anthropic's Claude for all 16,000 of its RIAs has left 11,000-plus small firms in a bind due to a 20-seat enterprise minimum, just as they prepare for IMPACT 2026.
Word leaked out during a webinar about having to buy 20 seats…
A Triplex Penthouse in Cap d’Antibes With a Kennedy Family Connection Lists for $45 Million
What it says. This article describes a luxurious penthouse in Cap d'Antibes with a Kennedy family connection, priced at $45 million.
The six-bedroom residence atop Le Provençal has nearly 3,800 square feet of terraces, a cinema, and a 39-foot rooftop pool.…
Urban Jürgensen CEO Alex Rosenfield on His Favorite Cocktail, Wardrobe Essentials, and What’s on His Wrist
What it says. This article describes a luxurious penthouse in Cap d'Antibes with a Kennedy family connection, priced at $45 million.
The watch executive offers a glimpse into his well-curated life at home in Sag Harbor, N.Y. Here is a look at how he spends his time off the clock.…
The McLaren McL 6GT Is a Gorgeous Ode to the Marque’s Founding Ethos
What it says. This article describes a luxurious penthouse in Cap d'Antibes with a Kennedy family connection, priced at $45 million.
The elegantly understated supercar is limited to 500 examples and inspired by the founder's daily driver.…
SEC 2027 Priorities Target AI Oversight Gaps
What it says. The SEC's exam division plans to intensify its oversight of firms' AI use, including threats like deepfake voice and video, in preparation for the 2027 examination cycle.
The SEC's exam division plans to probe how firms govern AI use, from deepfake threats to vendor risk, while also prioritizing illiquid products and Reg S-P readiness. October 23, 2026 Securities and Exchange Commission examiners plan to take a closer look at firms’ artificial intelligence oversight, according to the fi…
We have a $300,000 mortgage with a 2.75% interest rate. I want to pay it off. My husband says I’m crazy. Who’s right?
What it says. An article discussing the impact of fewer babies on luxury diaper spending.
“I don’t want to enter retirement owing six figures when we have the cash to clear it.”…
Vanguard is fulfilling Salim Ramji's May 1 promised renewal of 'Flagship' platinum tier service after it eroded, and he's willing to count non-Vanguard funds against the $1-million minimum for the first time
What it says. Vanguard is restoring the 'Flagship' platinum tier service after it was discontinued, allowing investors to use non-Vanguard funds for the first time.
The Malvern giant's CEO admits he heard from many investors about how the 1990's program had ceased to differ from baseline self-directed service; again, investors get a dedicated agent, better yields and status.…
CoreWeave set off a wave of anxiety — but Wall Street’s dire prognosis is premature
What it says. An article discussing the impact of fewer babies on luxury diaper spending.
Stop listening to market pundits and start looking at market performance.…
Supreme Court to hear case involving distilled spirit taxes
What it says. ARTICLE SOURCE: Accounting Today - ARTICLE TITLE: Supreme Court to hear case involving distilled spirit taxes
The high court has agreed to review a case involving an 1868 law that imposed taxes on distilled spirits while also banning home distilleries.…
New Options Emerge for Providing Liquidity to Evergreen Fund Market
What it says. New options have emerged for investors in evergreen funds to cash out their shares, potentially impacting estate planning strategies.
If an evergreen fund goes into proration, an investor’s options for cashing out are limited. But an auction for evergreen shares might now be one of them.…
Here’s How to Get an Easy 2% Cash Back Every Time You Swipe Your Card
What it says. Find out how to earn unlimited 2% cash back on all purchases with the Navy Federal Credit Union cashRewards Plus card.
Every purchase you make — from groceries to gas to everyday essentials — is an opportunity to earn cash back. And the Navy Federal Credit Union cashRewards Plus credit card makes it simple: You’ll get unlimited 2% cash back2on everything. Even better? You can also get a $250 bonus1 just for doing your regular shopping…
What I knew about your client before you ever called me
What it says. ARTICLE SOURCE: Accounting Today - ARTICLE TITLE: What I knew about your client before you ever called me
A former IRS Revenue Officer discusses what's already in the file, what to check first, and the mistakes that hurt clients.…
The Most Important Year-End Review Is Your Own
What it says. AmeriFlex has recruited 17 advisors representing over $1.4 billion in client assets, putting the firm on track to exceed its annual growth goal by nearly $2 billion.
Why Advisory Firm Owners Should Measure Enterprise Value – Not Just Revenue – Heading Into 2027…
AmeriFlex Recruits 17 Advisors Representing Over $1.4 Billion In Client Assets
What it says. AmeriFlex has recruited 17 advisors representing over $1.4 billion in client assets, putting the firm on track to exceed its annual growth goal by nearly $2 billion.
Hybrid RIA’s Third-Quarter Recruiting Puts It On Track To Exceed Its Annual Growth Goal By Nearly $2 Billion…
Cerulli: Many Investors Still Struggle To Understand Advisors’ Fees
What it says. AmeriFlex has recruited 17 advisors representing over $1.4 billion in client assets, putting the firm on track to exceed its annual growth goal by nearly $2 billion.
The Number Of RIAs With At Least $5 Billion In Assets Has Grown, Giving Investors Greater Choice When Picking An Advisor, A New White Paper Says.…
Diversification All the Way Down
What it says. This paper explores how diversification can be applied at multiple levels within and across factors to create a more robust multifactor portfolio, which is essential for advisors serving high-net-worth clients.
Diversification has been called the only free lunch in investing, but many portfolios are less diversified than they appear because equity risk dominates. In addition, within equities, a broad portfolio is often dominated by a single factor, and many factor portfolios are still built around a single style. To address t…
Some Fund Investors Have Veered Off Course. It Could Cost Them | Morningstar
What it says. A year after suggesting fund investors should rebalance their equity exposure, the author argues that the current allocation skew towards US stocks remains problematic, especially for high-net-worth clients.
A year ago, I said fund investors ought to double-check their exposure to US stocks. Though US equity funds hadn’t seen huge inflows, the stocks had run up so much that they’d become an outsize share of overall fund assets. Given that, I suggested cutting back in favor of other asset classes that had lagged, like bonds…
Filling Tax Brackets May Be the Wrong Roth Conversion Strategy
What it says. Taxpayers considering Roth conversions should be mindful of the standard deduction, as it can impact their ability to recognize income at favorable rates in retirement.
Paying $0 in federal income tax during retirement might sound like the ultimate tax-planning victory. After decades of paying taxes on your earnings, investments, and retirement savings, reaching a point where you owe nothing can feel like evidence that you planned exceptionally well. But a $0 tax bill can also represe…
IRS Finalizes Rules For The New Car Loan Interest Deduction | Taxgirl
What it says. The IRS has finalized rules for a new car loan interest deduction, which is essential for HNW clients considering personal vehicle purchases and tax deductions.
The IRS has finalized rules for a new deduction that lets some taxpayers write off interest they pay on new car loans. The deduction, created by the One Big Beautiful Bill Act (OBBBA), applies to qualified passenger vehicle loan interest for tax years 2025 through 2028. The maximum deduction is $10,000 per return (not …
Try Before You Commit: Why Experimenting With Major Life Decisions Beats Guessing | Meaningful Money
What it says. Major life decisions can often be tested on a small scale before committing to them, helping advisors guide their HNW clients to make more informed choices.
Most major life decisions can be tested on a small scale before you make them permanent. When I first thought about playing ukulele, I wasn't sure I'd like it. So I bought a cheap one to see if I'd actually play, see if I was any good, and find out if it was the kind of hobby I'd stick with. Turns out I enjoyed it, so …
How to Handle Financial Advisor Fee Objections With Confidence
What it says. Financial advisor fee objections often provide an opportunity to better understand what a prospective client values and determine if you're the right fit for them.
Share this For many independent advisors, one of the hardest parts of the client journey isn't creating a financial plan. It's talking about what that plan costs. Maybe a prospect pauses after hearing your fee. Maybe they mention another advisor who charges less. Or maybe they ask if you'd consider lowering your price …
Failure as a Competitive Advantage — Investment Masters Class
What it says. The world's best organisations are distinguished not by their avoidance of failure, but by their ability to learn from it, setting them apart from their competitors.
Spend enough time studying exceptional organisations and you begin to notice recurring patterns. They recruit differently. They decentralise decision making. They think about capital allocation differently. They stay unusually close to customers. They build cultures that seem to compound over decades. Another pattern i…
Chasing life goals is a recipe for disaster – so try these tiny experiments instead
What it says. This article offers a new perspective on setting goals, suggesting tiny experiments as a more effective way to achieve personal and professional success, which could be directly applicable to client conversations and practice management.
Whether its our careers, health or relationships, we often set the bar too high and end up feeling disappointed when it doesn’t work out. Try this new way of thinking … and you may just see some real results Every January, millions of us sit down and write our goals for the year. By March, most of them have been abando…
Do You Suffer from the Lake Wobegon Effect? - TMA Performance
What it says. Understanding the Lake Wobegon Effect can help advisors better coach their clients and improve their own performance evaluations.
The human tendency to overestimate our own abilities, achievements, and performance consequently became known as the Lake Wobegon Effect. Tracy Maylett March 24, 2010 Share Garrison Keillor, well-known host of the long-running radio program A Prairie Home Companion, often referred to a fictional Minnesotan small town, …