In 2026, Supporters and Critics Expect Regulators to Rethink Alts 401(k) Access

Published on December 23, 2025

Compliance experts anticipate further guidance and incremental progress in expanding private markets to include retail investors’ retirement savings, following an executive order issued by President Donald Trump earlier this year.

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Real Middle Class Wages as of November 2025

December 23, 2025
This series has been updated to include the November release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $53,516, down 5.4% from over 50 years ago.

RIA Leaders: Wirehouse Breakaways, Service Expansion, More M&A to Dominate 2026

December 23, 2025
Principals at some of the country’s largest RIAs reflect on a year of rampant acquisition and professionalization, while looking ahead to further service expansion and breakaway opportunity.