Why I built a referral network to bridge the AAPI-advisor trust gap
Closing the Trust Gap: Fiduciary Asian Advisor Network I officially launched the Fiduciary Asian Advisor Network (FAANetwork) during Asian American and Pacific Islander Heritage Month to help members of my community find and hire their trusted CFP professional. Understanding the Need Asian Americans, like many others, share common financial worries such as job security, providing […]
Robinhood launches agentic trading and an agentic credit card
Robinhood Introduces Agentic AI Trading and Credit Card Leading fintech firm, Robinhood, has announced the introduction of agentic AI into its trading platform, pioneering a new era of financial technology. The company revealed its plans to launch both agentic trading and an agentic credit card, empowering AI agents to conduct equity trades and make credit […]
Westpac fined A$26m over hardship delays
Westpac Banking Corporation Fined A$26m for Customer Hardship Delays The bank admitted the contraventions during the case. Credit: viewimage / Shutterstock.com. Westpac Banking Corporation, one of Australia’s leading financial institutions, has been ordered to pay a civil penalty of A$26m ($19m). The Federal Court found the bank guilty of failing to handle customer hardship applications […]
California judge rules in favor of OppFi, against regulator
A California Judge Upholds OppFi’s Lending Program A California judge recently ruled in favor of lending fintech OppFi in its legal battle against California’s financial regulator. The regulator had sought to shut down OppFi’s lending program and impose fines on the fintech for allegedly charging illegal interest rates. The ruling marks a significant victory for […]
Hedged in by tech barriers, firm founders leave Wells Fargo to start RIA
Introduction When the founders of Gryphon Wealth left Wells Fargo to form their own RIA, they were seeking to shed their brokerage business and go fee-only while establishing a clearer path to handing their firm down to the next group of owners. Challenges Faced at Wells Fargo Jason Hyrne, CEO and chief investment officer of […]
The future of credit isn’t a score: It’s a stream of signals
For many years, the determination of creditworthiness has largely depended on static indicators such as credit histories, bank statements, and other formal financial records. These models were designed for a world of conventional employment and banking systems. However, this one-size-fits-all approach excludes numerous individuals and Micro, Small, and Medium Enterprises (MSMEs) that fall outside these […]
All in for $770 year
Yale Economist Barry Nalebuff to Testify in Mastercard Trial Get ready for a riveting development in the ongoing Mastercard trial. Distinguished Yale professor, Barry Nalebuff, renowned for his expertise in game theory and business strategy, is set to witness in the trial tomorrow. He is a noted economist with a solid reputation in his field, […]
CFPB sued over new rule that would weaken fair-lending laws
The Consumer Financial Protection Bureau Faces Lawsuit Over Weakening Fair Lending Laws Recently, the Consumer Financial Protection Bureau (CFPB) has come under fire for a new rule that significantly weakens anti-discrimination protections under the Equal Credit Opportunity Act. The National Fair Housing Alliance, along with two fair-lending compliance firms, filed a lawsuit against the CFPB […]
FP’s May continuing education quiz now available to advisors
Financial Planning’s May 2026 Continuing Education Quiz Financial Planning’s May 2026 continuing education (CE) quiz is now live online. This quiz offers financial advisors the opportunity to earn one hour of CE credit towards maintaining professional certification through the CFP Board or the Investments & Wealth Institute. Subscribers must correctly answer eight out of 10 […]
Fintech, once the ‘enfant terrible’ of finance, is growing up
Fintech: The Disrupter Turned Established Player The narrative of fintech as a dramatic disrupter in the finance industry is starting to fade. While this sector was once seen as the enfant terrible, more and more fintech companies are discovering the value of becoming respected, established entities within traditional finance. This shift is illustrated by the […]