LPL, Schwab top ‘retail broker’ picks: analyst

LPL, Schwab top ‘retail broker’ picks: analyst

'Schwab makes ton of money on its cash, and more financial advisors means more cash,' one executive says.

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Investors weigh high yield allocations while Fed mulls rate cuts

High yield has had a nice run due to the strong economy and a Federal Reserve on hold. But how long will that last?

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PREMIUM

MassMutual provides a holistic wealth management experience

Daken Vanderburg on harnessing long-term strategies for sustained growth.

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Client understanding last piece of the puzzle

‘I feel like the industry is way ahead of where Americans are in the discussion of retirement income,” says SageView advisor.

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VIDEO

Here is how family offices are investing in technology

Carol Pepper, CEO of Pepper International, sits down with InvestmentNews anchor Gregg Greenberg to highlight where family offices are investing during this bull run in technology stocks.

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Advisors witness ‘osmosis effect’ at inaugural InvestmentNews Awards

Winners revel in being recognized by top-performing peers.

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UBS faces $850k fine over years-long wire transfer supervision failure

The firm’s failure to flag a rogue representative’s unapproved transactions led to more than $7.2M in losses for at least 30 customers, says Finra.

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Coldstream strikes merger deal with $2B investment advisory firm

The deal with the Oregon-based high-net-worth practice will take the employee-owned independent’s assets past $10B.

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Wealth Enhancement Group snaps up $123M hybrid RIA

The national independent has extended its East Coast profile with a specialized wealth practice in Massachusetts.

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Fund fee wars are getting less bloody, says Morningstar

While investors saved an estimated $3.4B last year, the industry could be at a tipping point as cost pressures and other forces mount.

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Dimensional makes its way into the UMA space

The global asset manager is helping advisors tailor portfolios more efficiently at scale as it evolves its managed accounts platform.

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Tesla rally pushes stock to biggest-ever ARKK weighting

The electric vehicle maker has grown into a sizeable chunk of Cathie Wood's innovation ETF after an 80% rally.

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Fed needs more good inflation data, says Powell

Chair's comments to Senate appears to rule out July cut, with markets now focused on September meeting.

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1 in 2 employers to adopt AI in automating employees' tasks: survey

New survey reveals widespread automation in American workplaces.

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