CFO Brew
·
May 7
·CV
·Compliance
→ Reg WatchFIT 5
What it says. The SEC proposed allowing public companies to file semiannually using a new Form 10-S instead of quarterly Form 10-Q filings, giving companies flexibility to choose reporting frequency based on their business needs and investor expectations.
The SEC proposed allowing public companies to file semiannually using a new Form 10-S instead of quarterly Form 10-Q filings, giving companies flexibility to choose reporting frequency based on their business needs and investor expectations.…
Read full article at CFO Brew →
CFO Brew
·
May 7
·DL
·Tax
→ Reg WatchFIT 4
What it says. The DEA rescheduled medical cannabis to Schedule III, potentially allowing cannabis companies like Curaleaf and Green Thumb Industries to deduct business expenses under IRS code 280E, a major tax relief after decades of federal prohibition.
The DEA rescheduled medical cannabis to Schedule III, potentially allowing cannabis companies like Curaleaf and Green Thumb Industries to deduct business expenses under IRS code 280E, a major tax relief after decades of federal prohibition.…
Read full article at CFO Brew →
What it says. Raymond James launched an AI Academy offering advisors virtual training on AI prompting and related tools to enhance their practice management and client service capabilities.
Raymond James’ AI Academy offers advisors virtual training and workshops on the likes of AI prompting.…
Read full article at InvestmentNews →
What it says. Wealth managers share best practices on client outreach frequency during market volatility, balancing reassurance with communication fatigue.
Client communication is a good thing for financial advisors, especially in a volatile market. But how much is too much? Wealth managers offer their opinions.…
Read full article at InvestmentNews →
InvestmentNews
·
May 7
·AI risk, estate planning
→ Saturday Go LongFIT 4HNW 4
What it says. A study reveals that AI wealth-management platforms are producing significant errors in estate and insurance guidance for ultra-wealthy families, raising practice-management concerns about over-reliance on automated advice for complex HNW situations.
AI wealth advice under fire as audit finds major errors in estate and insurance guidance.…
Read full article at InvestmentNews →
What it says. BridgePort appoints veteran Clara Sierra as managing director to lead RIA expansion, advisor retention, and succession planning—relevant context for advisors evaluating platform consolidation or growth partnerships.
New managing director to oversee expansion, advisor experience and succession solutions.…
Read full article at InvestmentNews →
What it says. New Ameriprise-Gallup research reveals a widening gap between Americans' stated financial confidence and their actual retirement security concerns, highlighting aging-alone anxiety—a key talking point for advisors addressing client fears and planning gaps.
Ameriprise and Gallup research point to growing concerns over retirement security and aging alone.…
Read full article at InvestmentNews →
CFO Brew
·
May 6
·Alex Zank
·Accounting
→ Reg WatchFIT 4
What it says. The Financial Accounting Standards Board has launched a research project to monitor emerging accounting issues around data center investments and non-traditional lending (private credit), with potential future agenda additions pending stakeholder feedback.
The Financial Accounting Standards Board has launched a research project to monitor emerging accounting issues around data center investments and non-traditional lending (private credit), with potential future agenda additions pending stakeholder feedback.…
Read full article at CFO Brew →
CFO Brew
·
May 6
·Courtney Vien
·Compliance
→ Daily BriefFIT 4
What it says. Importers can now file for IEEPA tariff refunds through the new CAPE portal on CBP's ACE system, but Phase 1 has eligibility restrictions—only entries not yet liquidated or liquidated within 80 days qualify, excluding those in reconciliation or under protest.
Importers can now file for IEEPA tariff refunds through the new CAPE portal on CBP's ACE system, but Phase 1 has eligibility restrictions—only entries not yet liquidated or liquidated within 80 days qualify, excluding those in reconciliation or under protest.…
Read full article at CFO Brew →
CFO Brew
·
May 6
·Layla Ilchi
·AI
→ Industry BriefFIT 3
What it says. Over 45% of SaaS companies shifted to outcome-based or hybrid pricing models in 2024–2025 as agentic AI threatens traditional per-seat licensing; major vendors like Microsoft and ServiceNow are leading the transition to align pricing with client ROI.
Over 45% of SaaS companies shifted to outcome-based or hybrid pricing models in 2024–2025 as agentic AI threatens traditional per-seat licensing; major vendors like Microsoft and ServiceNow are leading the transition to align pricing with client ROI.…
Read full article at CFO Brew →
InvestmentNews
·
May 6
·Client behavior, savings strategy
→ Saturday Go LongFIT 3
What it says. Vanguard survey reveals women express confidence in savings but often park assets in low-yield accounts misaligned with long-term goals, offering advisors a conversation starter about behavioral gaps and asset allocation strategy.
Survey finds many women keeping cash in low-yield accounts despite long-term financial goals.…
Read full article at InvestmentNews →
What it says. Broker-dealers are building RIA platforms to capture growth and boost valuations, but lingering stigma around IBD affiliation still deters some advisors from joining—a trend worth understanding if you're evaluating your own firm structure or competitive positioning.
Cetera Planning Partners reflects how broker-dealers are building RIA platforms to capture the model’s growth and boost firm valuations, though consultant David DeVoe says a lingering “stigma” still deters some advisors from joining IBDs.…
Read full article at InvestmentNews →
InvestmentNews
·
May 6
·Behavioral finance, generational investing
→ Saturday Go LongFIT 3
What it says. Advisors should understand how the 2008 financial crisis shaped risk tolerance in younger investors who experienced it as children, informing how to calibrate portfolio construction and client conversations with this cohort.
From the great recession to the housing bubble, the events of the global financial crisis will live long in the memory for anyone who experienced them firsthand.…
Read full article at InvestmentNews →
What it says. New research from major insurers reveals a significant gap between Americans' financial confidence and their actual retirement preparedness, offering advisors a timely talking point for client readiness conversations.
New studies from Northwestern Mutual and Guardian Life point to a widening gap between financial optimism and actual preparedness as lifespans grow longer.…
Read full article at InvestmentNews →
InvestmentNews
·
May 6
·Employment law, compliance risk
→ Reg WatchFIT 3
What it says. A former compliance officer at an Osaic-affiliated B-D won a $2.5M employment retaliation judgment, including $750K in punitive damages, signaling regulatory and litigation exposure for firms that mishandle whistleblower or protected-activity claims.
One-time FSC Securities branch compliance officer awarded $750,000 of punitive damages as part of claim.…
Read full article at InvestmentNews →
InvestmentNews
·
May 6
·Private credit regulation
→ Saturday Go LongFIT 3HNW 4
What it says. Regulators globally are intensifying scrutiny of the $2 trillion private credit market, creating compliance and due-diligence implications for advisors placing HNW client capital in alternative investments.
Regulators on both sides of the Atlantic are scrutinizing a nearly $2 trillion market that has thrived in the shadows – and the pressure is mounting.…
Read full article at InvestmentNews →
What it says. Anthropic is building AI financial agents that can automate pitch decks and client file screening, but RIA leaders are cautiously defining boundaries around where AI should and shouldn't be deployed in client-facing advisory work.
Anthropic's new financial agents can build pitch decks and screen client files. Two leaders close to the technology say that's the easy part.…
Read full article at InvestmentNews →
Kitces
·
May 6
·Client communication
→ Saturday Go LongFIT 4
What it says. Kitces offers three practical tools advisors can use to help clients open up about sensitive planning topics like health, legacy, and family dynamics that often block comprehensive financial planning.
When it comes to learning about a client, some topics can be easier for financial advisors to raise than others. For instance, while a client might be willing to open up about how they plan to spend their time in retirement, they might be more reluctant to answer questions about their health or legacy. WhichRead More..…
Read full article at Kitces →
CFO Brew
·
May 5
·Natasha Piñon
·Capital Markets
→ Daily BriefFIT 4
What it says. The IPO market is heating up with multiple high-profile companies considering public offerings, signaling renewed confidence in the benefits of going public despite competitive pressures that may crowd out smaller players.
The IPO market is heating up with multiple high-profile companies considering public offerings, signaling renewed confidence in the benefits of going public despite competitive pressures that may crowd out smaller players.…
Read full article at CFO Brew →
CFO Brew
·
May 5
·Demi Lawrence
·AI
→ Industry BriefFIT 4
What it says. Bain & Company research shows AI is expected to reduce headcount in transactional finance roles like accounting and procure-to-pay, while tax, treasury, and investor relations functions are likely to remain stable over the next 12 months.
Bain & Company research shows AI is expected to reduce headcount in transactional finance roles like accounting and procure-to-pay, while tax, treasury, and investor relations functions are likely to remain stable over the next 12 months.…
Read full article at CFO Brew →
CFO Brew
·
May 5
·Caroline Nihill
·AI
→ Industry BriefFIT 3
What it says. Zoom's global CIO argues that successful AI adoption requires demonstrating value to employees rather than mandating use, emphasizing that people adopt tools for their benefits, not just features.
Zoom's global CIO argues that successful AI adoption requires demonstrating value to employees rather than mandating use, emphasizing that people adopt tools for their benefits, not just features.…
Read full article at CFO Brew →
Kitces
·
May 5
·Practice management
→ Saturday Go LongFIT 4
What it says. Peak Retirement Planning founder Joe Schmitz Jr. shares lessons from doubling AUM to $630M in one year, focusing on in-house hiring strategies to support rapid growth.
Welcome everyone! Welcome to the 488th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Joe Schmitz Jr. Joe is the founder of Peak Retirement Planning, a hybrid advisory firm based in Columbus, Ohio, that oversees $630 million in assets under management for approximately 1,000 client hou…
Read full article at Kitces →
What it says. Wealth managers discuss when family members should and shouldn't serve as estate executors, balancing fiduciary duties with family dynamics—a practical framework advisors can use in client conversations about succession planning.
The executor of an estate plays a valuable role in not only overseeing a financial plan but also keeping peace in the family.…
Read full article at InvestmentNews →
InvestmentNews
·
May 5
·Client engagement, Practice management
→ Saturday Go LongFIT 4
What it says. UBS survey confirms that despite digital tools' growth, clients still prefer human advisors for complex financial decisions, validating the value proposition of personalized advisory services.
Survey shows employees favor advisors for complex decisions even as online tools gain traction.…
Read full article at InvestmentNews →
What it says. ETF inflows hit $178B in April as investors shift back into equities, signaling renewed risk appetite that advisors should understand for portfolio positioning conversations.
Equity ETFs dominate as investors pile into risk assets amid global market rebound…
Read full article at InvestmentNews →
What it says. NASAA is advancing new rules on advisor advertising standards and franchise broker-dealer oversight, creating compliance obligations advisors need to monitor as these reforms move toward implementation.
Dual initiatives target regulatory gaps while strengthening investor and franchisee protections.…
Read full article at InvestmentNews →
What it says. Mercer Advisors, a $98B RIA, acquired a women-led Los Angeles firm as part of its advisor continuity and consolidation strategy in a competitive deal market.
Martine Lellis tells InvestmentNews that the deal reflects the competitive deal market and the $98B RIA’s advisor continuity strategy.…
Read full article at InvestmentNews →
InvestmentNews
·
May 5
·Client retention, advisor relevance
→ Saturday Go LongFIT 4
What it says. Younger investors are abandoning traditional advisors due to accessibility gaps, AI competition, and poor communication—forcing advisors to rethink how they attract and serve the next generation of clients.
Fitch Learning’s James Papadopoulos tells InvestmentNews how accessibility, AI, and communication gaps are reshaping trust, and what advisors must change to stay relevant.…
Read full article at InvestmentNews →
InvestmentNews
·
May 4
·Client solicitation litigation
→ Reg WatchFIT 4
What it says. TIAA is suing a former advisor for allegedly violating non-solicitation agreements by recruiting clients from a $400M book, illustrating enforcement risks advisors face when changing firms or starting independent practices.
He told TIAA he wasn't soliciting clients. Then three of them called the firm.…
Read full article at InvestmentNews →
CFO Brew
·
May 4
·Courtney Vien
·M&A
→ Industry BriefFIT 4
What it says. Top 100 CPA firm Schellman flipped from Lightyear Capital to Goldman Sachs Alternatives as majority PE owner in March 2026, becoming one of the first CPA firms to transition between PE owners. CEO Avani Desai discusses how the first PE investment transformed the firm through institutionalization, technology adoption, and executive team expansion.
Top 100 CPA firm Schellman flipped from Lightyear Capital to Goldman Sachs Alternatives as majority PE owner in March 2026, becoming one of the first CPA firms to transition between PE owners. CEO Avani Desai discusses how the first PE investment transformed the firm through institutionalization, technology adoption, a…
Read full article at CFO Brew →
CFO Brew
·
May 4
·Billy Hurley
·Cyber
→ Daily BriefFIT 4
What it says. When ransomware strikes, CFOs, CEOs, and COOs must quickly decide whether to pay the ransom. Legal and risk professionals explain how organizations structure the decision-making process and the role IT plays in evaluating downtime, backups, and payment feasibility under time pressure.
When ransomware strikes, CFOs, CEOs, and COOs must quickly decide whether to pay the ransom. Legal and risk professionals explain how organizations structure the decision-making process and the role IT plays in evaluating downtime, backups, and payment feasibility under time pressure.…
Read full article at CFO Brew →
CFO Brew
·
May 4
·Alex Zank
·Risk
→ Daily BriefFIT 4
What it says. Philadelphia hosts Riskworld conference with 10,000+ attendees amid a complex risk landscape shaped by geopolitical conflicts, AI competition, and tariff volatility. The conference highlights how enterprise risks are increasingly interconnected and volatile, challenging traditional risk management frameworks that CFOs must navigate.
Philadelphia hosts Riskworld conference with 10,000+ attendees amid a complex risk landscape shaped by geopolitical conflicts, AI competition, and tariff volatility. The conference highlights how enterprise risks are increasingly interconnected and volatile, challenging traditional risk management frameworks that CFOs …
Read full article at CFO Brew →
InvestmentNews
·
May 4
·Equity compensation
→ Saturday Go LongFIT 3HNW 3
What it says. Fidelity reports a surge in first-time investors driven by equity compensation plans, offering advisors insight into how stock-based pay is reshaping retirement readiness and client acquisition opportunities.
Equity compensation drives retention while introducing millions to investing for the first time.…
Read full article at InvestmentNews →
What it says. UBS failed to overturn a $92.2 million arbitration award to clients, setting precedent that losing parties cannot appeal punitive damages awards—relevant for advisors managing client disputes and understanding arbitration finality.
“If the court accepted UBS’s argument, it would open the courthouse doors to every losing party following an arbitration award of punitive damages,” a federal judge wrote.…
Read full article at InvestmentNews →
InvestmentNews
·
May 4
·Philanthropy planning
→ Saturday Go LongFIT 4HNW 4
What it says. Wealthy clients increasingly expect advisors to understand charitable giving strategies, but advisors are misinterpreting what motivates their clients' philanthropy—creating a gap between client expectations and advisor expertise.
With three-quarters of wealthy clients now favoring advisors who know philanthropy, a new study maps where the knowledge gaps – and the opportunities – actually lie.…
Read full article at InvestmentNews →
InvestmentNews
·
May 4
·SMA strategy & costs
→ Saturday Go LongFIT 3HNW 3
What it says. Fidelity's 90-basis-point fee increase on long-short SMAs is prompting RIAs to reassess platform choices, with at least one firm moving clients to Schwab—a practice-management consideration for advisors managing separately managed accounts.
A nearly 90-point basis point increase from Fidelity led one RIA to move all of their long-short SMA client accounts to Schwab.…
Read full article at InvestmentNews →
InvestmentNews
·
May 4
·Compliance, Client Solicitation
→ Reg WatchFIT 3
What it says. TIAA sued a former advisor for allegedly violating non-solicitation agreements by recruiting clients from a $400M book despite claiming he wasn't soliciting—a cautionary case on enforcement of restrictive covenants and client-retention disputes.
He told TIAA he wasn't soliciting clients. Then three of them called the firm.…
Read full article at InvestmentNews →
What it says. A $6.5B RIA secured capital backing to launch an advisor equity partnership program and pursue acquisitions, signaling continued consolidation in the independent advisory space.
Among other benefits, CEO Daryl Seaton says the Merchant partnership gives the $6.5 billion RIA capital for its advisor partnership program and compete for acquisition targets.…
Read full article at InvestmentNews →
InvestmentNews
·
May 4
·Professional credentials
→ Saturday Go LongFIT 3
What it says. A new survey shows CFP certification leads in earnings growth and client acquisition, but other planning designations are gaining ground—useful context for advisors evaluating their own credential strategy.
A new survey finds CFP certificants lead the pack on earnings gains, client growth, and career satisfaction — but other designations are close behind.…
Read full article at InvestmentNews →
Kitces
·
May 4
·AdvisorTech, Data aggregation
→ Saturday Go LongFIT 4
What it says. Morningstar's sale of ByAllAccounts signals a shift in the data-aggregation landscape that advisors rely on for client account management and may reshape which platforms advisors should evaluate for their tech stack.
Welcome to the May 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 Morningstar is selling the cl…
Read full article at Kitces →
InvestmentNews
·
May 4
·Financial planning, household economics
→ Saturday Go LongFIT 3
What it says. Nearly half of parents are housing adult children as economic pressures delay independence, creating a planning conversation about multigenerational household finances, insurance needs, and estate/tax implications advisors should understand.
Survey finds nearly half of parents house adult children as costs delay independence.…
Read full article at InvestmentNews →
What it says. Corporate pension plans have shifted from growth-focused to preservation strategies as funding ratios exceed 108%, though disparities between well-funded and underfunded plans are widening—relevant context for advisors discussing retirement security and corporate benefit trends with clients.
BlackRock study shows shift from growth to preservation as gaps persist across plans…
Read full article at InvestmentNews →
InvestmentNews
·
May 4
·Wealth transfer, generational planning
→ Saturday Go LongFIT 4HNW 4
What it says. UBS research on $83T intergenerational wealth shift reveals next-gen heirs prioritize values-driven stewardship over passive inheritance, exposing governance gaps advisors must address in client conversations.
UBS report finds $83T shift driven by early engagement, governance gaps, and evolving priorities.…
Read full article at InvestmentNews →
CFO Brew
·
May 3
·Natasha Piñon
·Economics
→ Daily BriefFIT 4
What it says. The K-shaped economy—where high-income households spend freely while lower-income households pull back—has moved from academic debate to boardroom reality, with CEOs adopting the bifurcated consumer framework in earnings calls and adjusting business strategies accordingly.
The K-shaped economy—where high-income households spend freely while lower-income households pull back—has moved from academic debate to boardroom reality, with CEOs adopting the bifurcated consumer framework in earnings calls and adjusting business strategies accordingly.…
Read full article at CFO Brew →
CFO Brew
·
May 3
·Natasha Piñon
·Monetary Policy
→ Daily BriefFIT 4
What it says. Federal Reserve Chair Jerome Powell announced his decision regarding whether to remain as a Fed governor after his chairmanship ends on May 15, with implications for monetary policy continuity and market expectations.
Federal Reserve Chair Jerome Powell announced his decision regarding whether to remain as a Fed governor after his chairmanship ends on May 15, with implications for monetary policy continuity and market expectations.…
Read full article at CFO Brew →
CFO Brew
·
May 3
·Lucy Brewster
·Technology
→ Industry BriefFIT 3
What it says. Big Tech companies (Microsoft, Meta, Alphabet, Amazon) are collectively planning to spend over $670 billion in capital expenditures in 2026, up from $410 billion the prior year, with the majority directed toward AI infrastructure and datacenters.
Big Tech companies (Microsoft, Meta, Alphabet, Amazon) are collectively planning to spend over $670 billion in capital expenditures in 2026, up from $410 billion the prior year, with the majority directed toward AI infrastructure and datacenters.…
Read full article at CFO Brew →
What it says. DeVoe & Company lists multiple advisory firms it served as advisor on transactions, signaling ongoing consolidation activity in the wealth management industry.
We served as the advisor to Financial Planning Solutions. We served as the advisor to Marshall Financial Group. We served as the advisor to Sterling Financial Group. We served as the advisor to West Oak Capital, LLC. We served as the advisor to The Martin Worley Group. We served as the advisor to Heritage Financial Pla…
Read full article at Devoeandcompany →
Cerulli
·
May 1
·Affluent advice demand
→ Wealth DeskFIT 4HNW 4
What it says. Cerulli reports that affluent investors’ willingness to pay for financial advice has risen to 68% in 2025, with willingness increasing as household assets grow and reaching 75% among investors with $5 million or more.
April 9, 2026 — Boston Willingness to pay rises to 68% in 2025, up sharply from 2010 Affluent investors are increasingly willing to pay for financial advice. In 2010, just 38% of affluent investors said they were willing to pay for advice, compared with 68% in 2025. This 30-percentage-point increase can be attributed i…
Read full article at Cerulli →
F2strategy
·
May 1
·F2 Strategy
·Operating models
→ Industry BriefFIT 3HNW 3
What it says. F2 Strategy’s Q1 2026 report says wealth management firms are focused on modernizing tech stacks, redesigning organizational structures, and breaking down silos to build more scalable operating models.
Tell us your thoughts. Email Bryce Carter at bryce.carter@f2strategy.com. Operating models are complex and unique to each organization. In the past two years, firms say they have worked to modernize their tech stack to improve scale, reduce manual effort, and enhance reliability; redesign their organizational structure…
Read full article at F2strategy →
Cerulli
·
May 1
·Advisor planning
→ Industry BriefFIT 4
What it says. Cerulli says financial advisors are increasingly using comprehensive planning and technology to compete with online brokerage platforms, with the share of clients expected to receive ongoing planning advice rising to 54% by 2027.
April 23, 2026 — Boston Cerulli finds financial planning and technology critical to maintaining advisors’ competitive edge Financial planning is now a core service offered by many financial advisors, who are expanding these offerings to meet rising market demand. Advisors expect 54% of clients will receive comprehensiv…
Read full article at Cerulli →
What it says. The Mather Group joined Robinhood’s referral network, agreeing to pay Robinhood 25% of revenue from referred clients while custodying those assets at TradePMR to reach younger investors.
The Mather Group will pay Robinhood 25% of revenue from clients referred through Robinhood Advisor Network and custody those assets at TradePMR to access young investors "who weren’t sitting in anyone’s pipeline."…
Read full article at InvestmentNews →
What it says. LPL Financial says it remains on track to complete its Commonwealth acquisition while rival wealth firms try to recruit Commonwealth advisors away.
But competing wealth management firms have been doing their best to recruit away Commonwealth advisors.…
Read full article at InvestmentNews →
What it says. InvestmentNews reports that &Partners added Wells Fargo and Edward Jones practices with about $700 million in prehire assets, while a $350 million UBS team launched a new firm with Sanctuary and Ameriflex highlighted succession continuity via a national single-source platform.
Meanwhile, a $350 million UBS team launches their own firm with Sanctuary, while advisor-owned hybrid Ameriflex targets succession continuity with a national single-source platform.…
Read full article at InvestmentNews →
Kitces
·
May 1
·Practice management
→ Saturday Go LongFIT 4
What it says. Kitces’ Weekend Reading roundup highlights how more investment-centric advisors are adding planning services, which may reduce comprehensive financial planning’s differentiation as a firm strategy.
Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that as an increasing number of (investment-centric) financial advisors are adding planning services to their offerings, the value of comprehensive financial planning as a differentiator for advisory …
Read full article at Kitces →
What it says. Wells Fargo Advisors recruited a 17-person Morgan Stanley team in Manhattan that oversees nearly $6 billion, highlighting continued competition for large, high-net-worth advisory teams.
A 17-person ensemble led by top-ranking next-gen advisors, the Taylor Group's addition gives Wells Fargo Advisors one of its largest New York City recruits in recent memory.…
Read full article at InvestmentNews →
What it says. Osaic says AI is unlikely to replace human advisors, but it will quickly transform how advisors manage investments and other parts of their workflow.
The AI-driven next step in how advisors manage investments may be coming “faster than any of us think,” says Osaic’s Shannon Reid.…
Read full article at InvestmentNews →
What it says. A federal court ruling has created a limited opportunity for taxpayers to seek refunds of IRS penalties and interest tied to the pandemic, but the filing window is closing quickly.
A federal court ruling has opened a narrow window for taxpayers to reclaim penalties and interest assessed by the IRS during the pandemic.…
Read full article at InvestmentNews →
What it says. InvestmentNews reports a wave of senior hires at Mercer Advisors, Alaris Acquisitions, JPMorgan, KKR, Ares, and Cliffwater across M&A, wealth, and alternatives businesses.
JPMorgan, KKR, Ares and Cliffwater also announce senior appointments across wealth and alternatives business lines.…
Read full article at InvestmentNews →
What it says. The article argues that advisors who leave employee models for independence need strong infrastructure and operating systems to sustain growth beyond the initial breakaway phase.
Beyond their "breaking free" moment, advisors leaping into independence need to build – or tap – a sound operating system to support truly lasting growth.…
Read full article at InvestmentNews →
What it says. InvestmentNews highlights skills military veterans bring to financial advising, such as discipline, teamwork, and adaptability, as part of Military Appreciation Month.
In honor of May being Military Appreciation Month, InvestmentNews spoke with service members turned financial advisors to learn the most valuable skills they carried over from their time in uniform.…
Read full article at InvestmentNews →
What it says. The article says older investors want clearer retirement guidance while younger adults want advice aligned to their broader goals, highlighting a shared demand for more holistic financial planning from advisors.
Research highlights generational differences and a shared need for broader financial guidance from advisors.…
Read full article at InvestmentNews →
What it says. A new state-by-state analysis shows that the income or asset level needed to join the top 1% varies dramatically across the U.S., highlighting how local cost of living changes the meaning of 'wealthy' for client conversations.
A new analysis shows how elite wealth cohorts vary widely across the 50 states.…
Read full article at InvestmentNews →
What it says. U.S. housing affordability remains strained as cooling home-price growth still leaves buyers facing high prices, rents, and down payment hurdles.
Cooling price growth has not eased affordability pressure for would-be buyers.…
Read full article at InvestmentNews →
What it says. The piece argues advisors should consider a core Japan allocation for 2026, highlighting Berkshire’s shift from Japanese trading houses toward insurers and the broader repricing opportunity in Japanese equities.
WisdomTree's Christopher Gannatti on Berkshire's pivot from Japan's trading houses to its insurers, and the repricing advisors should not miss…
Read full article at InvestmentNews →
CFO Brew
·
Apr 30
·Courtney Vien
·Tax
→ Reg WatchFIT 5
What it says. The House Appropriations Committee advanced a budget bill slashing $1.4 billion from IRS enforcement and cutting 2,000 jobs, further reducing audit capacity after significant 2025 staffing losses in revenue agents and collection personnel.
The House Appropriations Committee advanced a budget bill slashing $1.4 billion from IRS enforcement and cutting 2,000 jobs, further reducing audit capacity after significant 2025 staffing losses in revenue agents and collection personnel.…
Read full article at CFO Brew →
CFO Brew
·
Apr 30
·Alex Zank
·IT_Spend
→ Daily BriefFIT 5
What it says. CFOs face mounting pressure to control IT spending on cybersecurity and AI while maintaining innovation; experts recommend establishing common language and granular cost tracking between finance and IT departments to overcome persistent budget misalignment.
CFOs face mounting pressure to control IT spending on cybersecurity and AI while maintaining innovation; experts recommend establishing common language and granular cost tracking between finance and IT departments to overcome persistent budget misalignment.…
Read full article at CFO Brew →
What it says. Osaic raised more than $2 billion in new capital, with Bain Capital joining existing investors Ares and Lexington Partners, signaling continued consolidation and financing activity in the advisor platform space.
Bain Capital has joined Osaic's existing investors Ares and Lexington Partners.…
Read full article at InvestmentNews →
What it says. Allworth has added Integrum as a new capital partner alongside Lightyear and Ontario Teachers’ to help scale its national RIA platform.
Integrum joins Lightyear and Ontario Teachers’ to drive next leg of growth.…
Read full article at InvestmentNews →
What it says. Perplexity is pitching RIAs on an AI tool that can monitor portfolios for concentrated stock, idle cash, and market events that could affect client holdings, aiming to help one advisor operate like a much larger firm.
Advisors can prompt the Perplexity Computer to flag concentrated stock exposure, scan portfolios for idle cash, or send alerts when geopolitical events could impact commodities tied to client holdings.…
Read full article at InvestmentNews →
What it says. A New York insurance agent pleaded guilty to running a $50 million Ponzi scheme and now faces up to 12 years in prison, underscoring the need for advisor vigilance around fraud and client due diligence.
Miles Burton Marshall faces up to 12 years in prison when sentenced in June.…
Read full article at InvestmentNews →
What it says. Congress is moving to restrict lawmakers from using prediction markets like Kalshi and Polymarket amid concerns that insider trading and conflicts of interest could undermine the fast-growing event-contract industry.
With Kalshi and Polymarket at the center of insider trading allegations, Congress is moving on multiple fronts to rein in the fast-growing industry of event contracts.…
Read full article at InvestmentNews →
What it says. Trump signed an order to expand retirement plan access for workers without employer-sponsored benefits by launching a portal to enroll in vetted savings plans.
Building on previously approved Saver's Match under Thrift Savings Plan, the order will launch a portal for workers without employer-sponsored benefits to enroll in vetted savings plans.…
Read full article at InvestmentNews →
What it says. CFP Board named Morgan Stanley and MissionSquare veteran Kathryn Berkenpas as its chief operating officer, making her the first CFP professional to hold the organization’s top operations role.
A Morgan Stanley and MissionSquare veteran who joined CFP Board last year, Berkenpas becomes the first CFP professional to hold the organization's top operations post.…
Read full article at InvestmentNews →
Yahoo Finance
·
Apr 30
·Kerry Hannon
·Retirement planning
→ Daily BriefFIT 3
What it says. A survey finds most millennials want to retire in their 50s, but many have low confidence they can do it because they have limited investable assets, delayed savings, and are largely self-taught investors.
Millennials dream of retiring in their mid-50s, but the reality is another story. While 8 in 10 millennial investors — those ages 30 to 45 — say they want to retire early, only 35% have high confidence that it’ll be possible, according to a new survey. One good reason: The majority of millennials have less than $100,00…
Read full article at Yahoo Finance →
What it says. InvestmentNews reports that Osaic is bringing in Gateway Investments’ $1.5 billion team under W-2 employment, while Raymond James and RBC are also adding sizable advisor teams from Merrill Lynch and UBS.
Raymond James is also welcoming a $400M Merrill Lynch duo in Lexington, Kentucky, while RBC adds a $542 million UBS team in the Philadelphia market.…
Read full article at InvestmentNews →
What it says. Osaic’s CEO says advisors at the firm are adopting AI tools like Jump and Zocks at a record pace, highlighting growing use of AI in advisor workflows.
Osaic’s advisors began using the Jump and Zocks AI tools since early 2025.…
Read full article at InvestmentNews →
What it says. A new study finds RIAs repeatedly rely on the same marketing clichés, making it harder for advisors to stand out and differentiate their value to clients.
A new study shows financial advisors are using and reusing the same marketing terms, making differentiation harder for clients.…
Read full article at InvestmentNews →
Kitces
·
Apr 30
·Practice management
→ Saturday Go LongFIT 4
What it says. The article discusses how advisors can recognize and manage client change fatigue amid constant uncertainty in markets, technology, and life decisions, offering a framework for steadier conversations and guidance.
Uncertainty is a core tenet of life – from markets to technology to economic realities to life decisions. As the saying goes, past performance does not guarantee future results – and people often make decisions in a shifting, unstable, unpredictable environment. This can cumulate into “change fatigue”, where there are …
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What it says. A Morningstar report says many semiliquid private-market funds hold overlapping assets, raising questions about whether they truly provide diversification versus ETFs and mutual funds.
Morningstar report finds semiliquid funds often share holdings, raising questions on diversification.…
Read full article at InvestmentNews →
What it says. Affluent heirs are expected to inherit nearly $1 million on average, increasing demand for integrated wealth advice that combines investing, tax, estate, and planning guidance.
Affluent heirs face rising complexity as expected inheritances near $1M, fueling shift to integrated guidance.…
Read full article at InvestmentNews →
What it says. Guardian’s Mike Perry says advisors can win younger clients by combining education, technology, and personalization as wealth shifts to the next generation and older advisors retire.
As trillions shift to younger investors and advisors retire, Perry tells InvestmentNews how education, technology and personalization can help firms adapt.…
Read full article at InvestmentNews →
What it says. As advisory firms grow, the article says many advisors feel isolated because their conversations shift from early-stage tactics to more complex decisions like pricing, hiring, capacity, and exit planning, making peer networks more important.
Share this Rapid growth changes your work and your relationships. Many advisors tell us that as their firms hit new milestones, the conversations that once energized them start to feel lackluster. You’re not talking about getting your first 10 clients anymore. You’re thinking about pricing complexity, hiring, capacity,…
Read full article at XY Planning Network →
What it says. DeVoe data show minority investments in RIAs remain elevated, with capital increasingly flowing to smaller firms under $2 billion in AUM rather than large and mega RIAs.
Minority investment activity in the RIA sector is holding steady at elevated levels – but the firms attracting that capital look increasingly different from years past, according to the latest read from DeVoe & Company. Minority transactions accounted for 15% of total RIA deal activity in the first quarter of 2026, com…
Read full article at InvestmentNews →
What it says. A coalition of CFP continuing-education providers is pressing the CFP Board to fold mandatory reporting fees into certification dues, arguing the current structure adds costs for advisors and lacks transparency.
Continuing education providers are suggesting the CFP Board include its reporting fee costs in the Board’s annual certification dues for clients, though a spokesperson says the Board “is not passing on additional costs to certificants.” April 16, 2026 A coalition of continuing education providers says the reporting fee…
Read full article at WealthManagement.com →
What it says. McKinsey says AI is pressuring traditional wealth management valuations by commoditizing lower-touch advice and younger-client service models, while core advice segments remain more defensible.
Artificial intelligence is likely to take over for standardized, lower-touch advice models and for younger clients, but not for core advice segments, McKinsey says. April 15, 2026 In early February, the launch of Altruist’s artificial intelligence tax planning tool sparked a selloff in wealth management stocks, erasing…
Read full article at WealthManagement.com →
ClientWise
·
Apr 10
·ClientWise
·Client retention
→ Saturday Go LongFIT 4
What it says. The article argues that client attrition usually starts as gradual disengagement and is really a leadership and firm-design problem, not just a relationship problem, urging advisors to build practices that do not depend on one person.
So, what really happens? Clients start losing even before they take action, though it is often difficult to accept. It starts with a gradual decline in the relationship. Over time, the client disengages. But you only become aware of the problem once they decide to leave. And by then, it's far too late to do anything. M…
Read full article at ClientWise →
ThinkAdvisor
·
Apr 7
·Dinah Wisenberg Brin
·Estate planning
→ Daily BriefFIT 4HNW 3
What it says. A ThinkAdvisor piece highlights a study finding that 42% of heirs spend their inheritance within a year, underscoring the need for advisors to discuss beneficiary education, distribution planning, and legacy coaching with clients.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing. Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.…
Read full article at ThinkAdvisor →
Morningstar
·
Feb 23
·Retirement spending
→ Saturday Go LongFIT 4
What it says. Morningstar reviews flexible withdrawal strategies that can help retirees keep spending relatively steady year to year while still drawing more than a traditional 4% rule.
If you ask an economist about the ideal model for retirement spending, she’d probably tell you that most people prefer to smooth consumption (that is, spending the same amount) across their lifetimes instead of making dramatic changes from year to year. This mindset doesn’t hold for every person, but it does have some …
Read full article at Morningstar →
Morningstar
·
Feb 16
·Retirement withdrawals
→ Daily BriefFIT 4
What it says. Morningstar says retirees may be able to start with withdrawal rates above the traditional 4% rule if they’re flexible, and it outlines several strategies that can support higher early-retirement spending.
If you’re willing to be flexible, you can probably withdraw more than the traditional “4% rule” would dictate to help cover your spending in retirement. That’s one of the key conclusions from our recent annual study on safe withdrawal rates. My colleagues Tao Guo, Jason Kephart, Christine Benz, and I looked into a vari…
Read full article at Morningstar →
Morningstar
·
Feb 2
·Retirement income
→ Daily BriefFIT 4
What it says. Morningstar reviews multiple retirement withdrawal strategies and argues that the best approach depends on whether retirees prioritize simplicity, higher spending, volatility, or leaving a legacy, with several methods potentially supporting withdrawals above the traditional 4% rule.
The best retirement withdrawal method depends on what’s most important to you. That’s one of the conclusions from our recent annual study on safe withdrawal rates. Every spending method involves some trade-off—simple versus complex, higher starting withdrawal rate versus more volatility in cash flows, or maximizing lif…
Read full article at Morningstar →
Bellavia
·
Jan 30
·Bellavia_Research
·Retirement modeling
→ Saturday Go LongFIT 3
What it says. The article explains the difference between historical simulation and Monte Carlo retirement analysis, emphasizing that the same 90% success rate means a count of real-world outcomes in one case and a probability estimate from modeled return paths in the other.
Historical 90% = your plan survived in 90% of the real scenarios tested. It is a count. 108 out of 120 rolling periods ended with money remaining. You can name the failures: 1929, 1966, 1968, etc. When using the Shiller data, for example, historical simulation takes every real 30-year retirement starting from 1871 and …
Read full article at Bellavia →
Whitecoatinvestor
·
Mar 5
·The White Coat Investor
·Estate planning
→ Daily BriefFIT 4HNW 3
What it says. The article explains when and how a beneficiary can disclaim an inheritance, using examples like unwanted timeshares or liabilities, and notes that the asset then passes to the next beneficiary in line.
Receiving an inheritance is usually a bittersweet event. You miss your loved one, but you rejoice a bit in your new wealth. That's not always the case, however. Sometimes you may not want an inheritance at all for a number of reasons. The good news is that you are legally allowed to refuse any part of an inheritance, w…
Read full article at Whitecoatinvestor →
What it says. The article recommends and compares marketing automation tools for RIAs, highlighting how advisors can build a more efficient lead-nurturing funnel with platforms like HubSpot.
Share this If you’re thinking about diving into marketing automation for your RIA, or building out a marketing funnel for your financial planning firm, you’re in the right place. Part of a robust marketing funnel is a tech stack that does 3 things: Gives you time back in the day Automates important touchpoints with you…
Read full article at XY Planning Network →
ThinkAdvisor
·
Apr 20
·Melanie Waddell
·CFP Board fees
→ Industry BriefFIT 3
What it says. The CFP Board is raising certification costs and adding a new continuing education fee, which may affect advisors’ professional expenses and credential maintenance planning.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing. Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.…
Read full article at ThinkAdvisor →
What it says. The article argues that advisors can add value by discussing clients’ tax refunds versus total tax paid each year and using that conversation to uncover planning opportunities.
Financial advisors can have a favorable impact on client tax refunds every year. So, do you know how to take advantage of this opportunity to demonstrate your value on a consistent basis? In this article, we discuss key information to help advisors with the client tax refund conversation and provide actionable steps to…
Read full article at Retirementtaxservices →
