Wealth Management News and Headlines

AI Threat Signals Investors Should Shift Bets to Builders — Not Coders, UBS Wealth CIO Says

Ubis Wealth Management’s CIO Ulrike Hoffmann‑Burchardi warns that artificial intelligence is eroding the moat of software‑centric businesses. She argues that AI‑driven automation will compress margins for firms reliant on code, while physical‑world operators—miners, power producers and industrial manufacturers—stand to gain...

April Launches New Platform for Wealth Management

April has introduced an AI‑driven tax platform aimed at wealth managers and financial advisors, usable as a standalone solution or embedded within existing systems. The platform delivers a real‑time dashboard that surfaces client tax workflows, documents, and financial insights, while...

Practice Profile: Giving Everyone a Piece of the PE Pie

Citrin Cooperman, after private‑equity backing from New Mountain in 2021 and a Blackstone stake in 2025, rolled out a firm‑wide "P unit" program that gives every employee a share of the firm’s equity growth. The participation units vest based on...

Inside the Programs Reshaping Financial Planning's Talent Pipeline

The Certified Financial Planner (CFP) Board is expanding its influence in higher education, with more than 360 registered programs and a 16% growth in offerings since 2020. Universities from Michigan State to Wisconsin‑Madison are launching minors, certificates, and even doctoral...

White House Unveils $1,000 Federal Retirement Match For Workers Left Out of 401(k)s

The White House announced a new federal retirement savings option that would automatically enroll workers without employer‑sponsored plans and provide a taxpayer‑funded match of up to $1,000 per year. The proposal targets the roughly 45 million Americans who lack access to...

B.C. Widow Worried About Retirement Income with OAS Clawbacks

A 68‑year‑old British Columbia widow faces reduced Old Age Security benefits and worries about funding a $600,000 home renovation while maintaining an $80,000 after‑tax annual income. Her current income comes from a modest employer pension, CPP, OAS, and withdrawals from...

Games and Graphics Boost Client Engagement, Understanding

Financial advisors often struggle to convey intricate retirement rules. A recent working paper compared infographic‑style visual explanations with a gamified, scenario‑based tool, finding both improve client understanding, with infographics excelling at technical knowledge and games driving behavioral awareness. Participants receiving...

What AI Stock Selloffs May Be Getting Wrong in Wealth Management

Wealth‑management firms such as Ameriprise, LPL, Raymond James, Charles Schwab and Stifel posted record client‑asset levels while boosting net revenue 17% and pretax earnings 21% in 2025, according to Fitch. Despite recent AI‑related sell‑offs and broader macro volatility, the sector’s fundamentals remain...

Ask an Advisor: What Mistake Made You a Better Advisor?

The "Ask an Advisor" column gathers six seasoned financial planners who each recount a pivotal mistake that reshaped their practice—from undervaluing fees and missing non‑verbal client signals to dominating conversations, overpromising service, scrambling for quick answers, and trying to handle...

US Taxpayers to See a Nearly $2,300 Average Tax Cut in 2026 Under the Big Beautiful Bill

The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, makes the individual‑tax provisions of the 2017 Tax Cuts and Jobs Act permanent and adds new deductions for tipped and overtime income, an expanded child tax credit, and lasting...

House Republicans Move To Block California Billionaire Tax

Tax Treatment of the Pass-Through Business Sector: A Primer

The U.S. pass‑through business sector—partnerships, S corporations and sole proprietorships—now employs most private‑sector workers and accounts for roughly half of business income. Its growth stems from long‑standing tax advantages, especially the Section 199A deduction that lowers effective rates compared with C...

Here's Why Mortgage Renewals May Be the Banks' Biggest Rip-Off

Big Canadian banks often send mortgage renewal forms just weeks before the due date, offering rates that can be two percentage points higher than competing offers. In a recent example, a borrower faced a 6.09% fixed rate versus a 4.04%...

Harvard-Led Study Says AI Can Predict 71% Of Active-Fund Trades

Aspen Standard Names Former Beacon Pointe Exec As President

New York‑based Aspen Standard Wealth, a rapidly expanding registered investment adviser (RIA) aggregator, announced the appointment of industry veteran Kevin DiSano as its president. DiSano joins the firm after more than two decades leading wealth‑management and distribution operations at firms...

Don't Give Up On Tech-Heavy Market, Say MIT, State Street Researchers

Fed's Goolsbee Says Tariff Ruling Could Help Cool Inflation

Investors Are Dumping Software Stocks And Earnings Won't Stop It

Private Markets Hiring Defies Gloom With $2.5 Million Pay Deals

Cetera Affiliate Fined $200K By Finra Over Custodial Account Supervision Failures

Hedge Funds Sold Most Global Equities Since April, Goldman Says

Morgan Stanley IM Is Hunting For AI-Proof Assets

Private Equity's Dry Spell Now Worse Than 2008 Crisis, Bain Says

Hedge Funds That Piled Into U.S. Bitcoin Funds Are First To Exit

Stifel Mismanaged Employees' 401(k), Lawsuit Says

Stifel Financial Corp. is being sued in a class‑action case alleging that the firm mismanaged its employee 401(k) plan for years. The lawsuit claims thousands of workers lost tens of millions of dollars in retirement savings due to the alleged...

Black Swan's Taleb Warns On Software Bankruptcies, More Volatility

Morgan Stanley Hails Rare 'Reindustrialization Renaissance' Of AI Economy

This Wage Gap May Be Why Clients Strain Financially To Live In Their States

Trump Family's Crypto Venture Says It Faced 'Coordinated Attack'

Supreme Court Tariff Ruling in Learning Resources, Inc. V. Trump: What Corporate Tax and Trade Teams Need to Know

The U.S. Supreme Court ruled 6‑3 that the International Emergency Economic Powers Act does not give the President authority to impose tariffs, invalidating both the targeted fentanyl duties and broader reciprocal tariffs. The decision could unlock up to $175 billion in...

Cash Flow Tax Planning: Why Every Tax Strategy Falls Apart without Proper Liquidity Management

Tax planning often overlooks the cash liquidity needed to implement strategies. The article explains that without sufficient cash flow, tactics like payroll optimization, Section 179 purchases, and retirement contributions cannot be executed, leading to missed deadlines and penalties. It advocates a...

When Client Depression Becomes Your Business

Ascentis Wealth Buys Newly Launched Practice In Dallas With $250M AUM

Vanguard Eyes Non-U.S. Markets To Hedge High-Grade Debt Exposure

What You Need to Know About Filing to the CRA This Year as Tax Season Looms

Tax season launches Monday as the CRA opens online filing for 2025 returns, having processed over 33 million returns last year with 93 % filed electronically. Key dates include the RRSP contribution deadline on March 2, the general filing and payment deadline on...

My Wife’s Brother Never Claimed His Part of Their Mother's Estate. What Do We Do Now?

Edward is assisting his wife with her brother’s estate in New Brunswick after the brother never filed paperwork to claim his late mother’s life‑insurance proceeds and stock accounts. The brother died intestate, leaving no will or appointed executor, which triggers...

Brad Carr: Canada Needs to Cut the GST/HST for All New Homebuyers, Not Just First-Timers

Brad Carr, CEO of Mattamy Homes, urges the federal and Ontario governments to broaden the GST/HST rebate to all new‑home buyers, not just first‑timers. He points to a sharp decline in Canadian home sales—GTA sales fell 11.2% in 2025, with...

BofA Says U.S. Stocks Draw Lowest Share Of Global Flows Since 2020

At Long Last, Being Underweight Tech Is A Winning Stock Strategy

Blue Owl Sold Private Loans To Pension Giants And Own Insurer

Blue Owl Capital secured four buyers for a $1.4 billion private‑loan portfolio to meet a looming cash‑return deadline in one of its credit funds. The purchasers include three of North America’s largest pension funds and Blue Owl’s own insurer, Kuvare. The...

$2.4B AUM Wells Fargo Team Launches Jacksonville, Fla., RIA

Delaware Duo Managing $1B Leave Merrill To Join Janney

First Citizens, Buyer Of Collapsed SVB, Weighs Another Target

Wells Fargo Advisors Lures Former J.P. Morgan Advisor Duo With $3.1B

Goldman's Petershill Seeks $5 Billion For New Flagship Fund

Pa. Court Slams The Door On Noncompetes, Backs Breakaway Advisors

Garry Marr: Home Buyers' Plan Was Invitation to Disaster for Young Canadians Who Bought at Market Peak

The Home Buyers’ Plan (HBP), which lets Canadians withdraw up to $60,000 from their RRSPs for a first‑home down payment, was widely promoted as a tax‑free shortcut to homeownership. However, buyers who entered the market at the March 2022 peak of...