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.

Kingdom Trust Fined $1.5M Over ‘Substantially Inadequate’ AML Controls

South Dakota-based Kingdom Trust Co. agreed to pay a $1.5 million fine to the Treasury Department’s Financial Crimes Enforcement Network (FinCEN).

Billionaire Stanley Druckenmiller Shorts Dollar

Here's why it's beneficial for crypto. Billionaire believes U.S. dollar will soon face increased pressure.

Republican Party Loses One Of Its Biggest Donors: Billionaire Peter Thiel Says 'I'm Out'

GOP has lost one of its most significant backers, as tech billionaire Peter Thiel says he will no longer be donating to any political effort.

Billionaire Investor Ray Dalio Warns US, China 'on the Brink' of War and 'Beyond' Ability to Talk

RED ALERT: Why one of Wall Street's leading voices is sounding the alarm.

Pimco Co-Founder Bill Gross Buys Regional Bank Stocks Including Western Alliance Bancorp

Bond king Bill Gross, co-founder of Pimco, announced on Friday that he has purchased shares of four regional banks as well as an ETF made up of banks.