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Morning Briefing: SEC fines 26 firms a combined $390M for recordkeeping failures | NewEdge Capital headed for another record year of growth for assets, advisors

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The pulse of the financial advisory industry

Strong US economy pushes equities towards best week of 2024

Recession fears are easing amid positive data releases.

Retail brokerage, wealth management firms to face continued pressure on margins

Fitch says that strong performance remains offset by higher costs.

Fincentric merges with former InvestCloud CEO’s firm, plans expansion

Private equity firm Stellex Capital and Communify acquire firm from S&P Global.

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Axtella is focusing its efforts on creating a mindset shift: dispelling industry myths while democratizing access to financial guidance through tactics that resonate with different audiences.

Equity funds rebound as investors shrug off August selloff

BofA note says funds are seeing inflows across asset classes.

Dealers are holding highest level of Treasuries than ever before

Record holdings by primary dealers last week, says New York Fed.

Why have foreign investors escalated Japanese stock trades?

BoJ recently went against the grain on interest rates.

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August 16, 2024 11:33am
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Morning Briefing: Strong US economy pushes equities towards best week of 2024 | Retail brokerage, wealth management firms to face continued pressure on margins

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