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.

Jump Expands Leadership Team To Accelerate Next Phase Of AI Operating System Growth

(BUSINESS WIRE) -

Kevin Warsh Outlines A Potential Shift In How The Fed Measures Inflation

Kevin Warsh, nominated by President Trump to serve as Chair of the Federal Reserve, used his Senate confirmation hearing to outline a potential shift in how the central bank evaluates inflation—an issue with direct implications for monetary policy, asset allocation, and client portfolio positioning.

Raymond James Is Prioritizing Advisor-Centric Expansion

Raymond James is intensifying its investment in advisor recruiting and retention, increasing spending by 25% year over year in its fiscal second quarter. This strategic allocation reflects a deliberate, long-term approach to growth—one that prioritizes advisor-centric expansion over traditional mergers and acquisitions.

American Express CEO On Blowout Earnings, Travel And $4 Gas Prices

(Yahoo! Finance) - American Express (AXP) stock fell at the open, even as results beat across the board. But considering US households were hit over the head with $4 per gallon gas in the quarter, one could appreciate the resiliency of the card giant's business.

AI Is Rapidly Reshaping The Wealth Advisor Operating Environment

Artificial intelligence is rapidly reshaping the operating environment for wealth advisors, but its role remains most effective as an enhancer of human expertise rather than a replacement for it. Speaking during a recent earnings call, Ron Kruszewski, CEO of Stifel Financial Corp., emphasized a distinction that is highly relevant for RIAs: AI excels at productivity, but it falls short when applied to the nuanced judgment required in investment decision-making.