Portfolio

CI Financial has inked 14 deals for RIAs in less than a year — taking the lead in a hot M&A market.

Reddit users helped fuel a blistering rally in GameStop, the video game retailer, burning short sellers and hedge funds.

The skewed allocations “may significantly change fund performance and use case suitability until rebalance dates,” analysts say.

“As of today, Wells Fargo Advisors is not allowing solicitation of those two securities,” a spokesperson for the bank said Wednesday.

The central bank’s policy-making body repeated it would maintain its bond-buying program until “substantial further progress” toward its employment and inflation goals has been made.

The 2,500-advisor firm is sneaking up on larger rivals by adopting an approach that’s increasingly popular across wealth management.

The firm hopes the software will help firms tap into growing demand for sustainable investing.

The 20 funds in this ranking carried an average expense ratio of more than twice the broader industry.

The explosive growth in retail day-trading, powered by platforms like Robinhood and forums like wallstreetbets, has turned the old order on its head.

A hunt for heavily-short stocks has delivered millions of dollars to wealthy executives and investors.