Heading into the November midterm elections, frustration over affordability issues has largely focused on rising fuel, food and housing costs. But for millions of Americans, those expenses are piling ...

Fidelity Investments has told some of its smaller RIA clients to grow or go. The giant Boston-based custodian notified advisory firms with less than $100 million in assets on its custody platform that ...

Investors are selling mortgage bond funds at the fastest clip in more than six years as the debt takes a hit from big jumps in yields. Exchange-traded funds that own U.S. mortgage-backed securities ...

HB Wealth, an independent fee-only registered investment advisor in Atlanta overseeing more than $33 billion in assets, has opened an office in Texas with the acquisition of Wealth Care, another ...

Wells Fargo Advisors Financial Network (FiNet), a subsidiary of Wells Fargo, announced that a team of financial advisors and support staff in Ohio managing $1.3 billion in client assets recently left ...

The Yorkville financial group was once little known on Wall Street. Now though, it is harder to miss: its affiliates help manage Donald Trump’s Truth Social-branded ETFs, have taken over the MAGA and ...

The Internal Revenue Service is cracking down on what it says are abusive uses of certain exchange-traded funds to manufacture tax savings. And financial advisors should pay heed. On Monday, the ...

A strategy popularized by AQR Capital Management, the world’s largest hedge fund, to help wealthy people slash their taxes on ordinary income is facing the most concrete sign yet that US authorities ...

Checking account running low? Prices running high? Time to sell some stocks. Wealthy Americans increasingly tap investment accounts for cash, leveraging the massive stock market gains of recent years ...

Blue Owl Capital Inc. again limited redemptions from two of its private credit funds at 5%, as fears around artificial intelligence kept requests at its flagship technology fund well above industry ...

Concurrent, a fast-growing multi-custodial, hybrid RIA in Tampa, Fla., has acquired Spire Investment Partners, a wealth management platform serving independent financial professionals across the ...

Giant Minneapolis-based RIA acquirer Wealth Enhancement has agreed to buy RWA Wealth Partners, an independent wealth management firm in Boston and one of the largest RIAs in the country with female ...