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.

Billionaire Ryan Cohen’s Meme-Stock Mystique Fizzles After Alibaba’s Bad Year

Ryan Cohen was like a Warren Buffett of the meme-stock frenzy, inspiring a small army of day traders seeking to pocket big gains.

US Lawmakers Reach $78 Billion Deal on Tax Breaks, but Passage Uncertain

Leaders of Congress tax-writing committees announced a nearly $80B bipartisan deal to enhance tax breaks for businesses and low-income families.

Morgan Stanley Profit Hit by Charges, Revenue Beats Estimates

Morgan Stanley's Q4 profit took hit from $535M in charges though revenue beat expectations as debt underwriting fueled rebound investment banking.

Musk Wants 25% Voting Control at Tesla Before Fulfilling AI Goal

Tesla CEO Musk said he would be uncomfortable growing Tesla to be leader in AI and robotics without having at east 25% voting control of the company.

Generative AI is Miracle Technology for Profit-Hungry CEOs: PwC Survey

Step aside, CFOs: New generative AI technology stands to supplant you as your CEO's best friend.