It’s hard to go for a month in the registered investment advisor sector without a new report detailing the challenge of succession planning in this founder-led, client-driven industry. Just take this week. According to Charles Schwab’s annual RIA benchmarking survey, just 45% of firms with under $250 million in assets under management have a written…
Dive Brief: The Council of the District of Columbia, in a unanimous vote Tuesday, advanced bill (26-494), which will establish an alternative path to becoming a certified public accountant that requires a bachelor’s degree, two years of experience and passing the CPA exam. The move, which must still be reviewed by District of Columbia Mayor Muriel Bowser…
The U.S. Capitol in Washington, D.C.Sarah Silbiger/Bloomberg The Council of the District of Columbia unanimously advanced Bill 26-494, which will establish an alternative path to CPA licensure. Processing Content The bill awaits the review of D.C. Mayor Muriel Bowser and then Congress before becoming law. The bill will create a third pathway allowing CPA candidates…
Recording on location at the Steward Symposium, host Ryan Nauman welcomes Scott Danner (Chief Growth Officer) and Valerie Rivera (Chief Operating Officer) of Steward Partners to discuss growth in wealth management, where organic expansion has become harder and M&A has become a major driver. Danner shares his background building Freedom Street Partners and joining Steward…
MAIDSTONE, England — Izzy Woodrow is a believer. Four weeks ago, he joined the small but growing number of Brits who have bought a Chinese-made vehicle. “I’ve got a car that I enjoy driving [and is] super comfy. It’s very quiet and the fit and finish is great and the technology experience is enjoyable ” Woodrow…
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion. The proposal is deeply controversial, with opponents on both sides of the aisle warning that passage of the measure — the first of its kind in the U.S….
(Bloomberg) — Got gold? If not, maybe this is the year to get some. While the last five months haven’t been great, with the price off by about 19%, look back over the last few decades and you will see that being a gold bug has been very much a winning strategy. Physical gold has…
Howden Group, the London-based insurance broker that’s chasing an initial public offering by 2030, is in talks to raise several billion pounds in new private capital as it seeks to maintain its breakneck expansion. The group, which is already backed by Hg, General Atlantic and Canada’s La Caisse, is working with bankers at Morgan Stanley…
Shares of petroleum refiner PBF Energy (PBF +3.71%) rose by 10.5% in the week to Friday morning. The reason for the move is pretty straightforward, but the factors that need to come together to stop it are anything but straightforward. Why PBF stock is soaring The refiner’s stock is up almost 125% in 2026 as…
Another way to exploit the AI evolution is available for investors.