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.

Wall Street Bank Bosses Warn Lawmakers of Economic Toll From Tough New Rules

Dimon warned capital hikes other new regulations being contemplated by U.S. bank regulators will hurt lending, capital markets and broader economy.

Supreme Court Wary of Repercussions of Case That Could Upend Tax Code

Supreme Court appeared inclined to leave in place an obscure tax provision enacted during the Trump administration during oral arguments on Tuesday.

Wells Fargo CEO Expects Severance Expenses to Exceed $750 Million

Wells Fargo CEO Charlie Scharf told investors he expects to book higher-than-anticipated severance expenses between $750M to less than $1B.

23% Drop in S&P 500 Possible in 2024 - JPMorgan Chart Analyst

Anticipate significant downturn in S&P 500 with potential 23% drop by mid-2024 coupled with onset of recession forewarned by JPMorgan chart analyst.

Stock Market in ‘Striking Distance’ of All-Time High

With the stock market in ‘striking distance’ of all-time high, Wharton’s Jeremy Siegel warns the only thing that can derail it is Jerome Powell.