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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

OpenAI’s reported decision to hold back its latest model over safety concerns caught my attention, but my takeaway may be different from the one some of the coverage invites. I don’t view it as ...

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 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 ...

September is living up to its reputation for typically being the worst month for Treasuries, and history suggests October will offer little relief. Over the past decade, Treasuries have posted a ...