Refinitiv launches Digital Investor tool for wealth managers

The product builds on the firm’s long-term goal to become a powerhouse in the financial advice industry
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Hybrid managing $530 million moves to LPL

Bernicke Wealth Management is leaving Triad and TD Ameritrade
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Fed discloses bond purchases

The central bank bought bonds issued by AT&T, UnitedHealth and Walmart
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Empower Retirement to buy Personal Capital in $1 billion deal

The deal would bring Personal Capital’s online and human adviser services to Empower’s retirement plan business
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Hedge funds rushing to cover short positions on U.S. stocks

Short interest as a portion of shares outstanding in the $266 billion SPDR S&P 500 ETF had fallen to 4.9% Friday from 6.7% at the end of May
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