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.

Stock Market Downturn Likely Approaching It's Conclusion

The recent multi-week downturn in the stock market is likely approaching its conclusion, according to insights from Fundstrat’s Tom Lee.

Dimon Meets With Development Bank Leaders Seeking Private Money

JPMorgan CEO met with execs from the World Bk Grp and development lenders as they seek to pull private money initiatives across emerging markets.

Jay Powell Just Made 2024 More of a Puzzle for Regional Banks

This week 12 of the nation's midsize lenders reported sizable drops in first quarter profits thanks largely to the effect of elevated interest rates.

AmEx's Premium Customers Help it Surpass Profit Expectations

AmEx's first-quarter profit vaulted past Wall Street estimates, driven by an affluent customer base that increased spending as recession fears ebbed.

Private Credit Funds Get Moody’s Warning on Problem Loans

Moody’s Ratings this week gave private credit investors greater reason for concern about credit quality in the flourishing $1.7 trillion industry.