The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Sam Bankman-Fried Lost Half a Million Dollars Every Day After Alameda Launched, Michael Lewis Claims

Millions of dollars from first-ever tranche of funds raised by SBF were almost lost after trading firm Alameda Research initially started in 2017.

McCarthy Ouster Raises Chances of Government Shutdown, Goldman Says

The ousting of House Speaker Kevin McCarthy could have ramifications for the stock market.

State Street Bets on Fed ‘Dramatically’ Cutting Rates Next Year

State Street Global Advisors is betting against the higher-for-longer mantra sweeping across global bond markets.

WeWork Shares Fall 25% After Company Skips Interest Payments

WeWork Inc. shares slid 25% on Tuesday morning to their lowest price on record after the company skipped interest payments due on five of its bonds.

Jamie Dimon Says the Next Generation of Employees Will Work 3.5 Days a Week and Live to 100 Years Old

JPMorgan CEO Jamie Dimon is shaking off doomsday predictions about what AI means for humanity.