MARKETS IN 5
Chip rebound lifts Nasdaq as yields climb
STOCKS
Nasdaq rises 1.11% as chipmakers end eight-day slide
RATES
Ten-year Treasury yield climbs to 5.15%
THE FED
Fed enters blackout ahead of October 27-28 meeting
GLOBAL
Asian shares slide and European futures fall on French unrest
COMMODITIES
Oil rises overnight with Brent at $109.64
Miles Ashford, Markets Correspondent · Read it in five minutes
FROM THE NEWSROOM
XYPN launches search for successor to president Vince Hockett
Bozeman-based advisor network XYPN is searching for a new president as Vince Hockett plans to retire in spring 2027, after seven years with the network.
Grant Whitmore, Moves Correspondent
Jump links FMG Connect content to post-meeting follow-up for advisors
Jump says its AI workflow will surface compliance-approved FMG Suite content for advisors to use in post-meeting follow-up, built through the FMG Connect program.
Grant Whitmore, Moves Correspondent
J.P. Morgan team forms Latigo Peak Partners with $18.6 billion in assets
Phil Scott and Jim Atwood have launched Latigo Peak Partners, a founder-owned wealth firm with 48 employees and offices in four states, according to WealthManagement.com and the firm's announcement.
Grant Whitmore, Moves Correspondent
Phil Scott and Jim Atwood leave J.P. Morgan to launch $18.6 billion Latigo Peak
Two former First Republic teams with more than $130 million in combined revenue open a self-funded, founder-owned RIA, with no private equity partner.
Grant Whitmore, Moves Correspondent
THE WIRE
DEALS · WEALTHMANAGEMENT.COM
$2.3B ICG Next Leaves LPL for Osaic with Plans for Acquisition
WEALTHMANAGEMENT.COM
CircleBlack Taps Robertson Stephens COO Vikram Chugh as New CEO
MOVES · FINANCIAL PLANNING
Schwab's long-short plans raise questions about competition
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MOVES · INVESTMENTNEWS
Focus adds Nevis as advisor AI tools face potential overlap
FINANCIAL PLANNING
The SIPC safety valve: What financial advisors should know about brokerage failures
FINANCIAL PLANNING
How to evaluate life settlements for clients who no longer need insurance
MOVES · INVESTMENTNEWS
Advisor moves: &Partners lands Oklahoma team, EP Wealth adds in Denver
HEAT INDEX · 24 HOURS
1. J.P. Morgan 2 stories
2. Ameriprise 2 stories
3. Osaic 2 stories
4. Raymond James 2 stories
5. Janney 1 story