Charles Schwab

Advisor Upside

Schwab, Blackstone Among Firms Fined By SEC Over Off-Channel Comms

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The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.

2 min read

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Advisor Upside

Advisory Firms Need to Hire More Staff — and Fast

The industry will need more than 70,000 new staff over the next five years, according to a Charles Schwab report.

2 min read
Photo via Charles Schwab

Advisor Upside

Schwab’s Incoming CEO Wurster on ‘Big Shoes’ and Positive Vibes

Rick Wurster has been with Schwab since 2016 and is set to take the helm of the almost $10 trillion discount brokerage in January.

3 min read
Photo via Charles Schwab

Advisor Upside

Schwab’s Liz Ann Sonders on Little Birds and the ‘Temperamental Era’

The famed strategist believes the global economy has entered a new phase — and it could get quite a bit rocky.

2 min read

Advisor Upside

Robinhood Targets Wealth Management with TradePMR Deal

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

2 min read

Advisor Upside

Neuberger Berman Buys Stake in Mariner in Latest RIA Deal

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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

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Advisor Upside

Schwab Says Farewell to Retiring CEO Walt Bettinger

Charles Scwhab’s next chief executive Rick Wurster looks to continue the legacy of current CEO Walt Bettinger.

1 min read
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Advisor Upside

Schwab Eyes Financial Advice as Cash Sweeps Dry Up

The online brokerage has long relied on bank revenues, like cash-sweep programs, but executives are now leaning into wealth management.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo via Freepik

ETFs

The Vanguard Patent Shaking Up the Fund Industry

Nearly 50 years ago, Vanguard disrupted the investing world by launching the first index fund for individual investors. Now comes the sequel.

5 min read

June 2, 2025, New York, United States: A Wall Street road sign is seen in the Financial District in Manhattan, New York City. (Credit Image: © Jimin Kim/SOPA Images via ZUMA Press Wire) (Newscom TagID: zumaglobalsixteen137558.jpg) [Photo via Newscom]

Banking

Goldman Sachs Taps a New Generation of Leadership Ahead of Deals Boom

The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.

2 min read
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Artificial Intelligence

Mistral CEO Says the Company Wants an IPO

Mistral is among a clutch of privately held AI startups like OpenAI and Anthropic that have seen valuations soar.

1 min read
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Policy & Power

Is Trump Pivoting From a Trade War to an International Tax Fight?

The Trump 2.0 era may have officially begun this week, but the much-hyped tariff-fueled trade war has not. At least, not yet.

2 min read

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