MARKETS IN 5
Hot inflation revives Fed hike bets as stocks slide
STOCKS
Hot inflation and AI jitters push stocks lower
ECONOMY
September consumer prices rose 3.7% from a year earlier
THE FED
Traders raise odds of October rate hike to 47%
RATES
Ten-year Treasury yield eases to 5.19% on the day
GLOBAL
Asian equity markets fall sharply on tech sell-off
Miles Ashford, Markets Correspondent · Read it in five minutes
FROM THE NEWSROOM
T. Rowe Price adds more than 50 client-facing roles in advisor push
T. Rowe Price plans more than 50 client-facing positions spanning broker-dealer and RIA field sales and has brought in two new executives, InvestmentNews and WealthManagement.com reported.
Grant Whitmore, Moves Correspondent
LPL adds $1 billion Northwestern Mutual team from Seattle to RIA channel
Seattle team Prince Financial Services, with about $1 billion in client assets, has left Northwestern Mutual for LPL's RIA channel after nearly a year of research, citing LPL's technology.
Grant Whitmore, Moves Correspondent
Social Security benefits to rise 3.6% in 2027 as fuel inflation lifts adjustment
The Social Security Administration announced a 3.6% cost-of-living increase for 2027 on October 14, 2026, the largest since 2023, while advocates say retirees still face a purchasing power gap.
Nora Kessler, Practice & Technology Correspondent
SEC small business panel sets October 27 IPO and crowdfunding session
The SEC's Small Business Capital Formation Advisory Committee will meet October 27, 2026, to continue IPO modernization work and examine Regulation Crowdfunding, according to the agency.
Theo Marsh, Regulation Correspondent
THE WIRE
WEALTHMANAGEMENT.COM
SEI Names Kristie Edling-Day as Chief Information Officer
MOVES · RIABIZ
TD Bank's RIA unit poaches Schwab's 'head of firmwide AI' and makes him its 'head of U.S. Wealth' with an eye on national franchise
FINANCIAL PLANNING
From small RIAs to megabanks, Apex's business a 'two-sided coin'
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WINTHROP & CO.
RESEARCH
The State of Advisor Movement, H1 2026
Advisor movement, recruiting economics and enterprise value, in Winthrop & Co.’s flagship research.
READ THE REPORT
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REGULATION · INVESTMENTNEWS
351 exchanges still viable after IRS ruling, says Baird planning leader
DEALS · INVESTMENTNEWS
Captrust adds $3B Truist team as Hoge bets on employee equity
MOVES · INVESTMENTNEWS
Advisor moves: LPL nabs $1B Northwestern team in Seattle
HEAT INDEX · 24 HOURS
1. LPL Financial 4 stories
2. Merrill 3 stories
3. Morgan Stanley 2 stories
4. Vanguard 2 stories
5. UBS 1 story