NREI Feed

Caroline Crenshaw departed the agency earlier this year, leaving the SEC with just three members. That number will shrink to two when Hester Peirce departs.

In other moves, Glenmede hired four new executives from the bank-and-trust sector, $2 billion RIA Novare hired a legacy planner from Vanguard, and Citi Private Bank snagged an investment lead from Bank of America.

Through August, REIT total returns were up 14.5% on the year, bulwarked by strong operations, including FFO and NOI growth.

Some investors are letting AI agents do their investing, but skeptics worry about the risks. State Street and UC Investments have launched an “endowment inspired” ETF. These are among the investment must reads for financial advisors this week.

Features on Estate Planning & Taxation, Fiduciary Professions and Financial Advisors

The $4.3 billion Altruist acquisition adds to the mystery.

An organization of investors' attorneys supports the regulation, arguing it could address the continued issue of unpaid arbitration awards.

The advisors join UBS from competitors Merrill Lynch and Morgan Stanley as the Swiss bank seeks to bolster its wealth management footprint in North America.

A team that works with some of the Knicks players has a unique asset: Matt Kennedy, a 6-foot-2 Villanova University graduate who spent years as a teammate of New York Knicks superstars Jalen Brunson, Josh Hart and Mikal Bridges.

The alternative asset manager expects to seed the REIT with about $6.5 billion of its own data center assets.

In other M&A news, acquisitive RIAs Wealth Enhancement, Maridea and Summit Wealth add firms ranging from Alaska to Pennsylvania.

Chair Paul Atkins argued the 2010 rule effectively suppressed political speech by advisors, which one consumer protection advocate called a "lie," saying it curbed corruption.

In other advisor tech news, Aquiline takes majority stake in Flourish, Carefull appoints a neuroscientist, FP Alpha launches tax planning tools, and Smarsh reports performance of AI agents.

The number of millionaire 401(k) accounts at Fidelity Investments rose 19% to a record 769,000 between the first and second quarter.

Open, honest and candid discussion about World Investment Advisors for sale, DCIO and record keeper consolidation, the RIA steroid era, advisor credentials and more.

Only 6% of independent RIAs disclosed artificial intelligence use in March 2026 filings, yet those firms manage 11% of industry assets and increased headcount by 15%.

CEO Salim Ramji is pushing Vanguard further into financial advice with the deal to acquire Altruist, but the hill may be steep to win over RIAs.

William Sarris allegedly charged customers markups exceeding 200% on pre-IPO investments while misrepresenting prices and inventory to boost company revenue.

Ideal organic growth expands the business without turning the founder into a bottleneck.

Clients don't need more convincing. They need clarity, confidence and trust.