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.

Bank of America Takes $1.6 Billion Charge on Libor Transition

Bank of America Corp. took a roughly $1.6 billion charge tied to the finance industry’s shift away from the London Interbank Offered Rate benchmark.

Inflation Was a Supply Shock After All, Unicredit’s Nielsen Says

The rapid subsidence of inflation reflects the likelihood that a supply shock was its primary driver in both America and Europe.

Why Your Boss May Tell You to Work Harder Soon

Corporate America to focus on productivity and efficiency in 2024.

Blackstone’s First Private Equity Fund for Rich Individuals Gets $1.3 Billion

Blackstone Inc. raised $1.3 billion for its first private equity fund for rich individuals. One of the biggest initial hauls for a fund of its kind.

Commonwealth’s Virtual Paraplanning Program Expands Advisors’ Financial Planning Capabilities and Increases Client Support

Virtual paraplanners help financial advisors broaden capacity and expertise while building efficiencies and scale without additional staff.