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.

Deal Slump Dragged Down Morgan Stanley in 1Q

Morgan Stanley became the latest Wall Street giant to report that investment banking revenue dropped.

Apple Partners with Goldman Sachs on High-Yield Savings Account

Apple Card users can now grow their daily cash rewards with a Goldman Sachs savings account, the world's technology company by revenue announced.

Bank of America Clients Flee US Stocks for Third Straight Week

BofA clients pulled out of US equities for a third consecutive week, even as the stock market extended this year’s push higher.

Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm

Kim Kardashian’s private equity firm hired half-dozen financial-industry professionals including new COO who previously worked at Apollo Global Mgmt.

ChatGPT Asked the Founder of the World’s Largest Hedge Fund for His Best Investing Tip. This was His Response

When you’re Ray Dalio, you don’t ask ChatGPT questions—ChatGPT asks you questions. Well, kind of. Dalio fielded a question from OpenAI’s chatbot.