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Industry News

AI Won’t Replace Advisors. But It Will Transform the Industry.

Photo illustration by Connor Lin / The Daily Upside, Photos by Gzorgz and iLexx via iStock

AI won’t treat us to a round of golf to discuss investment strategies. But the technology is already a game changer for financial advisors

5 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

CI Financial to be Taken Private in Deal with Mubadala Capital

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

1 min read
Photo by PiggyBank via Unsplash

Advisor Upside

Robinhood Targets Wealth Management with TradePMR Deal

The free trading platform aims to connect its retail investors to services traditionally saved for wealthier investors.

2 min read
Photo via Connor Lin / The Daily Upside

Advisor Upside

3 Trends Expected to Give Advisors Hangovers in 2025

The research and advisory firm Forrester found that adapting to new technologies is paramount to financial services firms.

1 min read

Advisor Upside

Wall Street Bonuses Surge for First Time Since 2021

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The past two years haven’t been too kind to Wall Street comp plans, but that might be changing as bonuses make a comeback.

2 min read

Advisor Upside

Neuberger Berman Buys Stake in Mariner in Latest RIA Deal

Photo by AlainM47 via CC BY-SA 4.0

The deal is the latest example of major investments into the RIA space, with much of the funding coming from private equity.

2 min read

Advisor Upside

What Fidelity’s Data Breach Means for Advisors

Photo via Connor Lin / The Daily Upside

Experts believe the perpetrator used tokens to access the personal information through improperly configured third-party code.

2 min read

Photos by Ikechukwu Julius Ugwu and Nick Sarvari via Unsplash, Daveynin via CC BY 2.0, and Michael Vi via iStock

Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read
Photo via Connor Lin / The Daily Upside

Advisor Upside

‘Burrito Scarfer’ CFP Board Ads Weren’t Meant for Advisors (Or, Even Adults)

A new CFP Board ad campaign targeting college students and high schoolers missed the mark among members. That might be the point.

2 min read
Photo by Lucky Photographer via iStock

Advisor Upside

Wall Street Pay Falls Further From Pandemic Highs

The average New York City securities salary dropped 5.2% in 2023, mostly due to smaller bonuses, marking a drop from the pandemic highs.

1 min read

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