Griffin Kelly, The Daily Upside Journalist Profile

Articles

How 401(k) Providers Are Filling the Gaps in Financial Advice

5 days ago | thedailyupside.com | Griffin Kelly

Put that in the record books. Not everyone has an advisor, but most Americans have some type of retirement account, meaning the majority of folks are planning for retirement without the help of an advisor. That gap creates an opportunity for recordkeepers to step in and play a larger role as planners, according to a new Cerulli report. It’s a strategy that may create more competition for traditional financial advisors.
What the GENIUS Act Means for Stablecoins and Advisors

1 week ago | thedailyupside.com | Griffin Kelly

Who wouldn’t like a little more stability in their life? In the chaotic world of crypto, at least, some may be on the way. The Senate approved a regulatory framework for stablecoins, dubbed the GENIUS Act, this week. The bill, which has yet to be passed by the House of Representatives, would require tokens to be backed by liquid assets including the US dollar and short-term Treasurys, and issuers would have to publicly disclose composition of their reserves each month.
How Advisors Can Avoid Becoming Over-Reliant on AI

1 week ago | thedailyupside.com | Griffin Kelly

Apparently there’s no AI in team. Artificial intelligence is being hailed as a key element of the fourth industrial revolution, and new tools are now assisting financial advisors with taking notes, drafting emails and brainstorming thought leadership content. In fact, the vast majority of advisors said generative AI helped their practices, according to a survey earlier this year. But AI isn’t a silver bullet. It lacks emotional intelligence and a human touch.
What the SEC’s Scrapping of Biden-Era Proposals Means for Advisors

1 week ago | thedailyupside.com | Griffin Kelly

The SEC is letting everyone know there’s a new sheriff in town. The Securities and Exchange Commission withdrew more than a dozen proposals put forth during Biden-era SEC Chair Gary Gensler’s tenure last week. At the same time, the agency announced multiple senior-level appointments that are expected to influence everything from trading oversight to registered investment advisors and product guidance.
Wells Fargo’s Hot on Energy, Financials. Not so Much on Consumers

1 week ago | thedailyupside.com | Griffin Kelly

It’s safe to say things are starting to look up for Wall Street’s top analysts. Like many in the industry right now, Wells Fargo is rather optimistic about the second half of 2025 and beyond. The first half of the year may have been mired in uncertainty, volatility and tariff talk, but the bank holds out hope that those may encourage economic growth and better opportunities for investors.
Financial Uncertainty Spurs Anxiety and Depression

2 weeks ago | thedailyupside.com | Griffin Kelly

Alongside the death of a loved one and having a serious medical condition, financial problems are among the leading causes of anxiety and depression. In fact, nearly 70% of Americans said financial uncertainty has made them anxious and depressed, according to a new report from Northwestern Mutual.
Most Americans Question Online Financial Information

2 weeks ago | thedailyupside.com | Griffin Kelly

Don’t believe everything you see on the internet. It’s easy to seek financial advice online, and more than half of Americans do it at least once a week. But that convenience comes at a cost as about 60% of people say they’ve made decisions they later regretted based on bad information, according to a new CFP Board survey. Many are cautious, with four out of five questioning what they see online, and only two in five believing it’s in their best interest.
Morgan Stanley, American Funds Earn Top Rankings From Financial Advisors

2 weeks ago | thedailyupside.com | Griffin Kelly

They do give a darn about their good reputations. Vanguard, Goldman Sachs, Morgan Stanley and more, are among the asset managers held in the highest esteem by advisors, according to a recent survey from Fuse Research, and they have strong incentives to maintain that status.
There’s Almost 600K More Millionaires. That’s Not Necessarily a Good Thing

3 weeks ago | thedailyupside.com | Griffin Kelly

If you love something, let it go, the old saying goes … but an advisor probably didn’t come up with that. The Great Wealth Transfer is already upon us, and while it’s debatable exactly how much money will change hands over the next quarter of a century, most agree it is at least in the tens of trillions. Market researcher Capgemini estimates that $84 trillion will transfer to inheritors over the next 23 years.
Wedbush and Dan Ives Launch AI Revolution ETF

3 weeks ago | thedailyupside.com | Griffin Kelly

Tech analyst Dan Ives believes he has identified the most important companies driving artificial intelligence innovation today. He and Wedbush Fund Advisors launched the firm’s inaugural ETF Wednesday — the Dan Ives Wedbush AI Revolution ETF (IVES). The fund, based on Ives’ proprietary research, targets companies leading the charge in robotics, semiconductor chips, retail products, and of course, AI. It’s the old California gold rush “picks and shovels” strategy.