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.

Gene Hackman’s $80 Million Estate in Turmoil

The estates for late actor Gene Hackman and his wife, Betsy Arakawa, are being hit with creditors’ claims over alleged debt the couple left behind.

JPMorgan Gets a Dealmaking Boost as Wall Street Recovered From Tariff Tumult

Q2 earnings at JPMorgan Chase were better than expected, as a boost in dealmaking demonstrated how Wall Street recovered from the spring freeze.

Morgan Stanley, Goldman to Settle Lawsuit Over Archegos Trades

ViacomCBS investors who sued Morgan Stanley, Goldman Sachs Group and Wells Fargo asked judge for final approval of a $120M settlement with the banks.

BlackRock's Assets Hit Record $12.53 Trillion on Second-Quarter Market Rally

BlackRock's assets under management hit new high in second quarter as global markets rallied on the prospect of trade deals and interest-rate cuts.

Envestnet Hires Chief People Officer

Envestnet, a leading provider of connected technology, advanced insights, and comprehensive wealth management solutions, has announced the appointment of Sue Quackenbush as its Chief People Officer (CPO), effective July 14. In this role, Quackenbush will lead the company's global people strategy, with an emphasis on advancing employee engagement, fostering a unified culture, aligning with business priorities, and strengthening Envestnet's position as a workplace of choice in wealthtech.