The Wealth Advisor

I have been to multiple leadership and AI summits in the last few months. As I reflect on all the ideas and insights shared, the most important one for me is a quiet truth that I have been feeling deeply for a while now.

We have a leadership choice on how we define the future of our organizations in the age of AI—it is not a technology question, but one of human agency, trust, and impact.

Fidelity Investments has agreed to pay $1.25 million to resolve allegations brought by William Galvin following a 2024 data breach that exposed sensitive personal information tied to tens of thousands of individuals.

A former analyst at the Financial Industry Regulatory Authority has filed suit against the regulator, alleging wrongful termination tied to his use of protected medical leave in 2025. The case raises potential compliance and employment practice considerations for firms navigating leave policies and performance management.

Nine weeks into the Iran war, the global economy continues to lose record volumes of oil supply — yet prices have remained relatively contained and well below all-time highs. Those prices could soon change as "something is off" in the math, according to JPMorgan oil strategists.

In commodities markets, the arithmetic required to balance the market is straightforward. Supply plus inventory withdrawals equals consumption plus inventory builds.

Ameriprise Financial’s latest quarterly results underscore the ongoing tension between organic growth strategies and industry-wide competitive pressures, particularly around advisor retention and recruiting. For wealth advisors and RIAs, the firm’s performance offers a useful case study in how large platforms are navigating asset flows, partnership transitions, and the escalating battle for talent.