Articles

Articles from our Weekly Newsletters

Defining the New “Platform Value”: Keeping Your RIA Attractive, Whether You’re Buying or Selling

With more than 100,000 advisors planning to retire in the next 10 years and an overwhelming majority of independent RIAs facing major challenges in succession planning, making your firm as attractive as possible, whether you’re looking to acquire or to be acquired, is quickly becoming much more than a good idea; it may soon be a survival tactic.

Have a Process for Decisions on Major Changes at Your Firm

With a process and an approach in place, you should move toward a final solution more easily. All you can do is set it up to be as open and fair as possible, with someone holding the absolute final say once the decision is made.

How Finance Teams Use Agentic AI to Plan Smarter, Forecast Accurately, and Operate Proactively

Finance leaders can use agentic AI to boost budget visibility, develop more accurate forecasts efficiently, and find insights in data that would typically require extensive manual effort. With the right platform and a careful approach to governance, finance functions can start reaping the benefits of augmentation within months.

Griffin Commits $3 Billion to Carnegie Mellon in Largest Single Gift Ever

Ken Griffin is donating $3 billion to Carnegie Mellon University, most of it to establish a new campus in Miami, in the largest single gift committed to a US university.

Extreme Volatility Divergence Exposes ‘Fragile Footing’ for S&P

Stock-market risks are everywhere. But you’d be hard pressed to tell anything was wrong by looking at the surface of major US equity gauges.

Americans Rely on Deposit Insurance. Now Is the Time to Fortify It

Banks in the US have plenty to celebrate these days, from record profits and higher stock prices to a strong economy and easier regulation. One thing they don’t need is an added discount on their deposit insurance — a crucial buffer that should be reinforced when times are good.

Stocks Are Suddenly Looking Cheap? It's Just a Mirage

Has the stock market bubble quietly burst already? Even though the S&P 500 Index has mostly treaded water for the past four months, Wall Street analysts have continued to boost their earnings estimates.

The Flawed Logic of Medicare for All

Abdul El-Sayed, the Democratic candidate for Senate in Michigan, has a simple pitch to voters. Imagine, he says, a health-insurance plan with “no premium, no copay, no deductible — just healthcare when you need it.” El-Sayed and other proponents call the idea Medicare for All.

Living With the Realities of a Flat Economy

For three years, clients have been asking me when the economy will get back to normal. I have started answering that this current flat economy may be the newest redefinition of normal, one of many I’ve seen in 40-plus years of writing about money.

When Should Clients Take Their RMDs? We May Be Optimizing the Wrong Thing

When during the calendar year should retirees take their required minimum distributions (RMDs)? Take the RMDs early and eliminate the chore? Wait until December to maximize tax-deferred compounding? Or spread the distributions throughout the year? Advisors often start with too narrow a view of what clients are trying to optimize.

Retirees Need $1.2M, but Carry More Debt Than Savings

Only 30% of Americans believe they’ll be able to retire comfortably — an amount retirement plan participants now estimate is $1.2 million, a recent survey by Schroders found. 33% of plan participants said that their credit card debt was higher than their retirement savings.

Congress Ought to Fix the Flawed Saudi Nuclear Deal

The confusion surrounding a proposed civil nuclear deal with Saudi Arabia hasn’t exactly disappeared: The White House is still claiming it depends on the country normalizing relations with Israel, even if that’s not part of the written agreement.

Morgan Stanley Builds Crypto Lab to Test Future of Wall Street

Morgan Stanley has set up a Digital Asset Lab to test technologies including stablecoins, tokenization and decentralized finance applications as the Wall Street bank explores how blockchain-based systems could be used across its business.

Can Sam Altman Catch Up While Slowing Down?

Starting Tuesday, OpenAI will convene its annual developer conference. The timing isn’t ideal.

Oil Drops as Saudi Arabia Ramps Up Flows Through Key Pipeline

Oil fell as top exporter Saudi Arabia boosted flows through a key pipeline, overshadowing concerns over a US-Iran stalemate.