AI 'Arms Race' Starting Up in RIA Sector
RIAs of all sizes are starting to grapple with the cost and implementation of AI, potentially speeding some smaller firms to consider a sale.
RIAs of all sizes are starting to grapple with the cost and implementation of AI, potentially speeding some smaller firms to consider a sale.
UBS backs de-dollarization trend, lifts gold target to $5,400 an ounce !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
The S&P 500 Index ($SPX) (SPY) on Monday closed down -0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.88%. September E-mini S&P futures (ESU26) fell -0.79%, and September E-mini Nasdaq futures (NQU26) fell -1.88%. Stock indexes retreated on Monday and settled lower as a sell-off in South…
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Wavvest, a Chicago-based startup that has built an AI-native operating system for independent wealth managers, has added Vinnie Maliakkal, a former Charles Schwab vice president, as managing director and founding advisor to its in-house registered investment advisor. Chicago-based Maliakkal spent the last 11 years at Schwab, where he managed $1.4 billion in client assets for…
Many advisors see the worst-case scenario. A client brings an estate plan to a meeting. It details a roadmap of trusts, provisions and tax-efficient moves. It is confident, fluent, neat—and completely inaccurate, because it was drafted using a general-purpose artificial intelligence model sourcing broadly from the internet. This situation creates a headache for the advisor;…
Follow Sandvik AB (publ) (SDVKY) Q2 2026 Earnings Call July 17, 2026 7:00 AM EDT Company Participants Louise Tjeder – Head of Investor Relations & VPStefan Widing – President, CEO & DirectorCecilia Felton – Executive VP & CFO Conference Call Participants Chitrita Sinha – JPMorgan Chase & Co, Research DivisionAlexander Jones – BofA Securities, Research…