Head of Fidelity-Owned Group of 1,700 Family Offices Departs

Published on October 16, 2024

Jennifer Richardson, who started working as a consultant for the Forge Community almost a decade ago before becoming its head in 2022, is now a freelance coach for business executives and family offices, according to her LinkedIn profile. 

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Affluent 'Advice Seekers' Want One Advisor but Seek Better Options: Cerulli

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Margin Debt Up 2.0% in September; Highest Level Since 2022

October 16, 2024
FINRA has released new data for margin debt, now available through September. The latest debt level is at $813.211 billion, the highest level since February 2022. Margin debt is up 2.0% month-over-month (MoM) and up 19.4% year-over-year (YoY). However, after adjusting for inflation, debt level is up 1.9% MoM and up 16.6% YoY.