The Wealth Advisor

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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.

Altruist has Raised $152 Million in a Series F Funding

Altruist, the Los Angeles-based custodian aiming to disrupt the traditional RIA servicing model, has raised $152 million in a Series F funding round.

First Quarter Mixed Results for Raymond James Financial

Raymond James Financial delivered mixed results for fiscal quarter ending March 31, reflecting broader economic pressures facing capital markets.

Return Stacked: Portable Alpha + Managed Futures = A Diversification Overlay

Portable alpha has long been an institutional strategy for enhancing returns and improving diversification, but return stacking has made this approach accessible to financial advisors. By maintaining full equity exposure while layering a managed futures overlay, investors can potentially improve risk-adjusted returns without sacrificing market participation. This article breaks down the mechanics of a 100% equities + 100% managed futures approach, highlighting how managed futures can enhance portfolio resilience, reduce drawdowns, and offer uncorrelated return streams.

Bessent: US and China Tariffs Need to Come Down Before Talks Can Start

Treasury Secretary Scott Bessent denied that the Trump administration is considering unilaterally slashing steep tariffs on Chinese imports.

President of Cetera Wealth Management, is Making a Direct Appeal to Commonwealth Financial Network

Todd Mackay, president of Cetera Wealth Management, is making a direct appeal to Commonwealth Financial Network advisors as the industry digests news.