Two Client Couples Sue Advisor Over Risky Strategies
By Dinah Wisenberg BrinThe advisor recommended triple-leveraged ETFs and let an algorithm panic-sell clients' stocks, the suit alleges.
May 28, 2025
4 Reasons AI Training Should Come Before the Tech ItselfWhat gets lost in the buzz is that real adoption doesn’t start with access — it starts with education.
May 28, 2025
Stop Taxing Expats on Foreign Income, Groups Say as Senate Weighs Tax BillAmericans living abroad should be taxed only on U.S.-sourced income, advocacy groups argue.
May 28, 2025
Cantor Fitzgerald Agrees to Buy UBS Hedge Fund UnitThe deal includes O’Connor’s six investment strategies, which have about $11 billion in assets.
May 28, 2025
Rush to Launch Vanguard-Style Funds Draws WarningsAdding ETF share classes to mutual funds could mean taxable gains get passed on to ETF investors.
May 27, 2025
Navigating the Shifting Broker-Dealer Landscape: What Advisors SeekAmid industry consolidation and misaligned interests, advisors prioritize stability, control, culture, and client focus in their BD partnerships.
May 27, 2025
'Disrupters Get Disrupted': Smart Beta Pioneer Has a Warning for AI Investors"AI is the real deal, but that doesn’t mean it’s not a bubble," Rob Arnott of Research Affiliates says.
May 27, 2025
UBS Client Can’t Sue Bank Over Broker’s Alleged Affair With WifeBut the client can sue the broker, a New York judge ruled.