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.

JPMorgan Awards CEO Jamie Dimon $36 Million After Most Profitable Year Ever

JPMorgan Chase (JPM) boosted the compensation of CEO Jamie Dimon after the lender earned more money in 2023 than any American bank ever.

Fed Could Cut as Inflation Cools and Real Rates Rise, Goolsbee Says

Fed Reserve Bank of Chicago Pres. Austan Goolsbee said officials should consider cutting rates as inflation falls to avoid keeping policy too tight.

State Street Posts Record Q4 Global Advisors Inflows, Profit Drops on Charges

State Street reported record net inflows of $103 billion in its Global Advisors unit in the fourth quarter.

Court Decisions Could Rein in SEC Authority Over Crypto Industry

New York Judge Katherine Polk Failla heard arguments in a case that could decide the regulatory future of the $1.7 trillion cryptocurrency industry.

China’s $6.3 Trillion Stock Selloff Is Getting Uglier by the Day

Chinese stocks just capped another dismal week, with a gauge of mainland firms listed in Hong Kong languishing at the bottom of global equity index.