The Daily Brief

Investors pay attention to executives’ tones, Hedgeable founders seek partners on a blockchain financial system and fish farm scam revealed.

Median 401(k) account values are down since 2007, U.S. stocks are facing a bad decade and what advisors can learn from Costco.

Simplifying 401(k) plan choices doesn’t help enrollment, new apps help Latinos boost financial literacy and 994 Group launches using the Kolbe Concept.

Vanguard expands commission-free ETFs to 1,800, William Galvin launches private placement investigation and scooter startup Spins is offering STOs backed by company revenue.

Investors are optimistic but wary about the stock market, a Boston advisor is sentenced to jail for fraud and TokenAI launches a robo cryptocurrency decoder.

Jim Nagengast joins FINRA’s board, State Street is bullish on cash, and a new report calls for more diversified target date funds.

Commonwealth names a new president and COO, one survey finds financial advisor is the most in-demand job in finance and accounting, and Voya advisors can now offer securities-backed lines of credit.

HNW clients want to discuss estate planning and philanthropy with advisors, Everplans introduces “Sharing After Death” and Emperor Investments launches for U.S clients.

Clients are open to having their money managed by a big tech-focused firm, Merrill Lynch adds features to its mobile app and LPL hires Richard Steinmeier to head business development.

Lincoln Financial and Orion partner on an annuities platform, Seaward Management rebrands and Alex. Brown adds an LA-based team.