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.

Moveit Data Breach Hits Fidelity via Vendor PBI

More than 371,000 retirement plan participants had data exposed in a breach in late May, according to PBI.

New Tax Credits for Small Retirement Plan Sponsors

A primary goal of Setting Every Community Up for Retirement Enhancement Act (SECURE 2.0) is to expand access to employer provided retirement programs.

Cathie Wood Says ARK Has Moved Beyond Nvidia as ‘Obvious’ AI Buy

Cathie Wood said Nvidia Corp. is now “obvious” artificial intelligence bet. She’s buying up shares of other companies that can capture more upside.

BofA Leans on Wall Street, Not Main Street, for Strong Earnings

BofA second-quarter profit soared after its core Wall Street businesses exceeded analysts’ expectations.

BofA Survey Shows Rising Soft Landing Bets, Rush to Big Tech

Investors betting on soft landing for global economy, while big technology stocks are getting more crowded on expected boon to profits from AI.