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.

Bank Results Reveal Stark Divide as Industry Recovers From Turmoil

Profits for JPMorgan Chase (JPM) and Wells Fargo (WFC) surged in the second quarter while falling sharply at Citigroup (C).

Goldman Strategists Warn Surging Equities Face Lingering Risks

Rally in global stocks suggests inflation and recession risks are in the rear-view mirror. Goldman Sachs Group Inc. strategists are more skeptical.

BlackRock Assets Rise to $9.4 Trillion During Mixed Quarter

BlackRock Inc.’s assets under management rose to $9.4T, but flows into money manager’s long-term products widely missed analysts’ expectations.

New SEC Money-Fund Rules Don’t Fix Dash-for-Cash Risk, Bank of America Says

SEC's biggest round reforms in years for $5.5T money-fund industry fall short fixing what ultimately caused markets to seize according to BofA Corp.

Apollo’s Chief Economist Says a ‘Default Cycle’ Has Begun Due to Fed Hikes

Corners of the consumer and corporate market are beginning to feel the pain from the Federal Reserve’s ultra-aggressive rate hikes.