Economy & Markets
The important economic and stock market news that advisors need to know.
Wirehouse Veteran Sees Risk to Clients in RIA 'Behemoths'
By Jane Wollman RusoffMega-RIAs could lose what makes them different from wirehouses, Segment Wealth CEO Gil Baumgarten says.
July 22, 2024
10 Most Affordable Beach Towns for RetireesRealtor.com picked these coastal towns based on housing prices and popularity with residents 55 and older.
July 22, 2024
5 Things Biden's Election Exit Means for Life and AnnuitiesKamala Harris's years as an official in California could soon have a bigger effect on what goes on in Washington.
July 22, 2024
American National Adds Annuity Investment Option for a Tough WorldThe company says its new national security tech stock index could benefit from the trend toward deglobalization.
July 21, 2024
Biden's Exit Delivers Fresh Shock to Twitchy MarketsIt injects a wild card into the presidential campaign that will likely translate into volatility.
July 21, 2024
Biden Drops Out of 2024 Election, Endorses Kamala HarrisThe move follows weeks of pressure from Democrats for the 81-year-old to exit the race to improve their chances to defeat Trump.
July 19, 2024
Mega-RIAs Will Grow to Rival Wirehouses in Next Decade: Mariner's BicknellAdding services to meet clients' needs is crucial to that growth, Mariner Wealth Advisors' CEO says.
July 19, 2024
Magnificent Seven' Extend This Week's Rout to 5%Technology stocks led losses in the S&P 500 Friday, with the gauge poised for its worst week since April.