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1 week ago | 
investmentnews.com | Leo Almazora
Orion and eMoney both rolled out updates this week aimed at enhancing how RIAs manage investments and deliver financial plans to clients. Orion announced that a suite of separately managed accounts and model portfolios from JPMorgan Asset Management is now available on its platform. The additions include five equity SMAs and two sets of exchange-traded fund model portfolios – strategic and tactical – tailored to different investment objectives and market conditions.
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1 week ago | 
investmentnews.com | Leo Almazora
Despite differences in age, income, and work experience, American workers across four generations face common financial challenges as they save for retirement, according to new findings from the Transamerica Center for Retirement Studies in collaboration with the Transamerica Institute.
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1 week ago | 
investmentnews.com | Leo Almazora
Raymond James has recruited two wirehouse advisor teams that previously managed a combined $840 million in client assets, as part of its continued expansion across both its independent and employee channels. In Salt Lake City, Jim Phillips and Aaron Phillips have joined Raymond James Financial Services, the firm’s independent advisor division. Their team operates as Cottonwood Capital Management and includes client service associates Jordan Fletcher and Nicole Klekas.
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1 week ago | 
investmentnews.com | Leo Almazora
Continuing the trend of departures from UBS this year, a trio of longtime advisors overseeing roughly $2.5 billion in client assets at the wirehouse has launched their own firm with support from Elevation Point.
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1 week ago | 
investmentnews.com | Leo Almazora
A trio of independent RIAs have announced leadership appointments and strategic shifts this week, underscoring continued growth and organizational evolution across the sector.
Dakota Wealth Management promotes three senior leaders
Dakota Wealth Management, a Palm Beach Gardens-based firm with $6 billion in assets under management, promoted three senior leaders to executive positions as it looks to expand its advisory and investment capabilities.
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1 week ago | 
investmentnews.com | Leo Almazora
As hard as it is to imagine, it looks like the search is almost over ... and by that, we mean Google search. That's the long and short of an article by Barron's this week, which went into painstaking detail to show how internet users' increasing comfort with artificial intelligence has short-circuited what's been the de facto superhighway for all things online. As Barron's tells it, internet search traffic has been on the decline for much of the past year.
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1 week ago | 
investmentnews.com | Leo Almazora
Social Security is on track to run short of funds to pay full benefits one year sooner than previously expected, according to the program’s annual trustees report released Wednesday. The revised forecast now places the projected depletion of the program’s combined trust funds in 2034. Without legislative intervention, recipients could face a 19% cut in scheduled payments starting that year.
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1 week ago | 
investmentnews.com | Leo Almazora
As tariff pressures and geopolitical risks mount, the Federal Reserve has oncer again decided to keep monetary policy on pause. In a widely anticipated decision, the central bank kept its policy rate at a range of 4.25% to 4.5%, as officials navigate a murky economic environment defined by cooling inflation, moderate job gains and growing fiscal and geopolitical headwinds.
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1 week ago | 
investmentnews.com | Leo Almazora
With the Federal Reserve poised to release its latest policy statement, President Donald Trump sharply criticized central bank leadership Wednesday, describing Chair Jerome Powell as “stupid” and warning that the Fed’s reluctance to lower interest rates is imposing heavy costs on the US economy. Speaking outside the White House just hours before the Federal Open Market Committee’s anticipated announcement, Trump expressed little confidence that policymakers would ease borrowing costs.
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1 week ago | 
investmentnews.com | Leo Almazora
Former LPL leader Andy Kalbaugh is undergoing a homecoming of sorts as the distinguished veteran comes out of retirement to lead an LPL OSJ's next phase of growth. The Wealth Consulting Group announced Wednesday that it has named Kalbaugh as its new president, marking the latest strategic move by the Las Vegas-based hybrid RIA to scale its platform and broaden its national footprint.
