Treasury Department Finalizes Anti-Money-Laundering Rule for RIAs

Published on August 28, 2024

The Investment Adviser Association argues the rule was “adopted largely as proposed” and is “too prescriptive.”

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Millennial high earners are hightailing it out of California and New York

August 28, 2024
As high-earning millennials use their economic heft to explore job opportunities, make lifestyle changes, and build families out of state, a new analysis of tax returns reveals which jurisdictions are winning – and losing – in the ongoing evolution of the US wealth landscape.The analysis published by SmartAsset, which examined the latest available tax data, focuses on Gen Y households earning more

RegVerse boosts compliance support for RIAs with Avery platform update

August 28, 2024
Surge Ventures, the wealth and financial services-focused tech investment firm, announced that its inaugural venture has boosted its capacity to address firms’ compliance challenges.Surge Ventures revealed RegVerse, an AI-driven regtech solution, has expanded its Avery platform with Fusion1, a new suite of workflow tools designed to enhance compliance and surveillance capabilities for RIAs and bro