7+ hour, 55+ min ago   (426+ words) Morgan Stanley’s determination that Meta may win a large piece of the $30 trillion consumer AI pie buoys a firm viewed as an AI also-ran. Mark Zuckerberg is having just about as tough a year as a centibillionaire can have. Shares…...

6+ day, 7+ hour ago   (378+ words) They’re increasingly considering new portfolio tax optimization and estate planning tools as the bar for sophisticated advice goes higher. To borrow from Apple’s famous slogan of the late aughts, there’s an app for that. Or at least, there’s wealth management…...

1+ week, 7+ hour ago   (451+ words) Oracle stock is down 18.5% this year and ratings agency S&P Global downgraded the company’s credit rating to one notch above junk status. Shares in Oracle have tumbled 18.5% this year and, in July, ratings agency S&P Global downgraded the…...

1+ week, 1+ day ago   (1391+ words) New Apple CEO John Ternus can leverage Steve Jobs’ legacy of design elegance and Tim Cook’s emphasis on premium pricing. What’s his next step? The black turtlenecks and blue jeans. The Zen Buddhist influence, the “fruitarianism,” the cars with no…...

1+ week, 4+ day ago   (387+ words) Two portfolio approaches — asset-focused and outcome-oriented — can overlap. But the latter puts the individual client’s goals at the center of the process. Portfolio construction these days is less a matter of what and more a matter of why. As advisors…...

1+ week, 4+ day ago   (485+ words) Over 69% of consumers prefer some in-person or hybrid communications with their advisor, a recent survey found. We may be 14 years past pop singer Carly Rae Jepsen’s breakout hit, but many advisors are still using her refrain: Call me … maybe. “If…...

1+ week, 4+ day ago   (313+ words) Bringing some of Altruist’s AI financial planning tech to Vanguard Digital Advisor may be a core reason the asset manager made the offer in the first place. “Vanguard [will own] the AI capability to build that without licensing it from…...

1+ week, 5+ day ago   (404+ words) Providers are targeting AI-adjacent companies abroad in pursuit of returns, with some leaving US firms behind altogether. Emerging markets are booming, tech is ballooning … anybody up for a twofer? “There’s a saying, the best time to plant a tree is…...

1+ week, 5+ day ago   (363+ words) Dell boosted its full-year 2027 revenue outlook by $25 billion to $192 billion — nearly $18 billion more than the Wall Street consensus. Dell used to be known as the maker of the cobweb-covered, 15-year-old PCs in your company’s IT department that, as the occasional…...

1+ week, 6+ day ago   (398+ words) OpenAI has been slowly introducing ads to users’ chat boxes since launching them less than a year ago, but the reaction has been mixed. OpenAI thinks it’s on pace to make $1 billion in revenue from its ad biz annually. The…...