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blackrock-goldman-sachs-will-curtail-dei-hr-outreach-to-comport-with-new-trump-executive-order-but-neither-signals-they-want-to-abandon-diverse-workforce
BlackRock, Goldman Sachs will curtail DEI outreach to comport with new Trump executive orders, but neither signals they want to abandon diverse workforce

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BlackRock rattles giant saber at Schwab and Fidelity by launching high-yield 'money market' funds that 'circumvent' shelf-space controls and pay big
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Charles Schwab Corp. names 'head of digital assets' with no cryptocurrency chops but entrusted by inner circle to make big, critical decisions, fast
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Morningstar is shuttering 'Office' in 2026 and steering its orphaned RIAs to Black Diamond to get revenue cut in deal -- but Advyzon and Orion aren't planning to get cut out
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ETF assets hit record $10.73 trillion after $90 billion net-new inflow last month; Vanguard accounts for 40% of total, clobbering iShares and bruising State Street -- with RIAs a clear catalyst
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ex-Merrill Lynch 'Smoothie' broker loses big in FINRA arbitration; his attorney calls reasoning 'tortured,' but pattern of 'bad behavior' may have tipped scales, other lawyers say
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'RIA Reflections' went live today under ex-IN reporter Ryan Neal, who oversees the 'story-sharing platform' for Robinhood's RIA custody acquiree TradePMR
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Bob Oros is out at Hightower -- for real this time -- with poached Ayco CEO, a Goldman Sachs partner, replacing him
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TD Bank is selling $15 billion of Schwab shares high, buying its own TD shares low, but killing the old (TD) Waterhouse goose that laid gold eggs
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Robinhood pushes back, with force, after CFTC's 'shocking and stunning' rejection of its 'contract' betting bid, after gleaning affirmation in review process
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Robinhood is launching plain-vanilla robo-advisor, an RIA that allocates with algorithms, but walks back intent to use AI and will rely on human teams to pick investments
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RIAs fear broaching ESG topics with clients amid blowback, but 'do-the-right-thing' investments are still big business, Cerulli shows
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Vanguard's new CEO breaks record by zapping $350 million fund-expense, but 'raises the tension' managing brokerage, analyst says

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