US 30-year yield tops 5% as CPI fails to quell inflation fears
Initial early gains following the June data were reversed as pass-through effects from tariffs stoke concerns.
UBS loses arbitration battle in fiduciary fight over foundation funds
A federal appeals court says UBS can’t force arbitration in a trustee lawsuit over alleged fiduciary breaches involving millions in charitable assets.
Elevation Point stakes Raymond James breakaways’ new $1B RIA
The seven-person team based in Michigan, which includes two father-son advisor duos, continues Elevation Point’s strategy of supporting growth-focused independence.
Bluerock seeks to list real estate fund with investors already heading for the exits
“The Bluerock share redemptions are outrunning fund raising,” said one analyst. “I can’t imagine it will be treated kindly in the public markets.”
RIA moves: NorthRock adds $800M Parkside Advisors, NFP acquires Levine Group in Tennessee
NorthRock Partners’ second deal of 2025 expands its Bay Area presence with a planning practice for tech professionals, entrepreneurs, and business owners.
Three easy ways to boost your firm’s impact this summer
Rather than big projects and ambitious revamps, a few small but consequential tweaks could make all the difference while still leaving time for well-deserved days off.
Fed chair contender is now in favor of cutting rates, just as Trump wants
Kevin Warsh, who sat as a governor for five years spanning the 2008 financial crisis, has since become a frequent critic of the central bank.
Wealth managers wondering how long copper spike will last
Financial advisors weigh in on the surge in copper prices in the wake of President Trump’s tariff announcement.
Hightower taps Osaic alum Scott Hadley as first chief advisory officer, expands C-suite
Hadley, whose time at Goldman included working with newly appointed CEO Larry Restieri, will lead the firm’s efforts at advisor engagement, growth initiatives, and practice management support.
Inflation comes in higher in June as tariffs, housing trends shape outlook
The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising questions around the impact of trade uncertainty.
