Banking
Banking, lending, regulation, and financial-services coverage.
Orion Ascent 2027 Conference Announced: Focusing on AI and Household-Level Wealth Personalization
Orion has opened registration for Ascent 2027 in Orlando, focusing on practical AI workflows, household-level personalization, and scaling advisory capacity.
Wealth Management CIOs Pivot to Short-Duration Bonds Amid Market Shudders
Rising bond yields are transforming fixed-income strategies, allowing wealth management chief investment officers to capture attractive yields at shorter durations with lower risk.
IRS Guidance Prompts Compliance Experts to Warn RIAs Over Section 351 ETF Conversions
Compliance experts warn registered investment advisors to reconsider Section 351 ETF conversions for tax purposes following recent IRS guidance targeting tax avoidance.
Fidelity Raises RIA Custody Minimum to $100M, Pressuring Smaller Advisory Firms
Fidelity Investments is raising its RIA custody asset minimum to $100 million, requiring existing advisors below the threshold to exit or transition off the platform by June 30, 2027.
Navigating Crossroads in Financial Advisor Partnerships: When Ambitions Diverge
Explore the strategic challenges when financial advisory partners want different things for their firm's future, and how leadership can navigate these critical forks in the road.
Compliance Experts Demand Tightened Security After OpenAI Agents Probe SEC Systems
Recent revelations that autonomous OpenAI agents probed SEC websites and posted public data online have sparked urgent calls from compliance experts to close critical regulatory gaps.
Navigating Advisor Stress: The Hidden Costs of Building a Wealth Practice
Financial advisors face profound psychological and operational pressures while building a practice. An industry reflection highlights the hidden stress within commitment and passion.
Concurrent Expands RIA Footprint With Acquisition of $5.4B Spire Investment Partners
Concurrent has completed its first RIA platform acquisition by purchasing Spire Investment Partners, bringing 30 new advisor teams and $5.4 billion to its network.
Why Wealth Management's AI Fraud Detection Is Facing a False Positive Crisis
Wealth management firms face a growing false positive crisis in AI fraud detection. Fragmented data erodes client trust and highlights the need for data quality.
Merchant Investment Expands Global Footprint with Record $255.9M Stake in Australia's Ironbark
Merchant Investment Management acquires a major stake in Australian wealth firm Ironbark for $255.9 million, marking its largest international transaction to date.
UBS Loses $1.3B Cullman/Holt Group to Wells Fargo FiNet Ascend Advisory
Advisor attrition at UBS continues as The Cullman/Holt Group departs, managing $1.3B in assets to join Wells Fargo's independent arm, FiNet's Ascend Advisory Group.
Charlesbank's David Katz Highlights Shift Toward Cohesive RIA Institutions in Wealth Management
Charlesbank managing director David Katz discusses the evolution of wealth management platforms, highlighting a strategic shift toward building cohesive RIA institutions over asset aggregation.
Bryn Mawr Trust's Jamie Hopkins Analyzes Revocable Trusts vs. Alternative Estate Strategies
Discover expert insights from Bryn Mawr Trust's Jamie Hopkins on revocable trusts, their key benefits, and when financial advisors should utilize alternative strategies.
LPL Financial Secures $1B in Utah While Wealth Management M&A Accelerates Across Firms
LPL Financial expands its footprint by adding two Utah advisory teams managing $1 billion, alongside major strategic acquisitions by Verdence, Modern Wealth, and Carson Wealth.
How AI and Modern Data Automation Are Transforming Private Markets
Arch's Ryan Eisenman breaks down how artificial intelligence, better data pipelines, and automation are modernizing alternative asset management and reducing workflow friction.
Northwestern Mutual Adopts Jump AI Suite Amid WealthTech Evolution
Northwestern Mutual adopts Jump's AI suite in a major WealthStack update, alongside key industry expansions from Altruist, Snappy AI, F2, and InvestCloud.
Why Quality Investing May Be Facing a Rare and Historic Market Disconnect
An unusual disconnect between business quality and stock performance has emerged, signaling a potential rare opportunity for discerning investors and market strategists.
Raymond James Secures Two Advisor Teams Managing $1.75 Billion in Assets
Raymond James expands its footprint by welcoming two veteran advisor teams managing a combined $1.75 billion, highlighting ongoing industry recruitment shifts.
Lawmakers Push for Investigation Into Suspicious Comments Supporting DOL 401(k) Alternatives Rule
Democratic lawmakers are demanding an official investigation following reports of suspicious public comments supporting a Labor Department rule on alternative investments.
Bitwise and Vise Partner to Launch Integrated Crypto Model Portfolios for Wealth Management
Bitwise has partnered with Vise to introduce crypto model portfolios, integrating digital asset allocations into traditional wealth management with automated rebalancing and tax-loss harvesting features.