The Wealth Advisor

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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.

IRS Still Has Ways to go in Modernizing, Improving Service, Watchdog Report Says

Paper returns and amended filings remain backlogged, the National Taxpayer Advocate report finds.

Cathie Wood Says Gensler ‘Denigrated’ Crypto With His Statement

Cathie Wood was taken aback by SEC's Gensler's comments in his recent interview. “He just denigrated the whole crypto space. I couldn’t believe it.”

Gundlach Raises Concerns About Optimistic Growth

According to Jeffrey Gundlach, current position of the S&P 500 indicates potential challenges, with U.S. recession appearing increasingly likely.

Citigroup Discloses Billions in One-Time Charges and Reserves Ahead of Earnings Report Friday

Citigroup is in middle of complicated restructuring. It made clear Wednesday that its fourth quarter earnings report Friday will be complicated, too.

Geopolitics May Quash Wall Street's Expect Fed Rate Pullback

According to Tracy Schuchart at Hightower Resource Advisors, believes Fed unlikely to reduce interest rates in 2024.