Advisors offer their opinions on investing in crypto now that the long-awaited bitcoin ETFs have started trading.
Nascent secondary market is expected to see record pace of activity as investors seek liquidity.
'Financial advisors don’t understand bitcoin,' one senior executive notes. 'It's a disaster waiting to happen.'
Demand soars but gauging the level of interest from advisors likely to come later as more broker-dealers list the funds.
Chair Gary Gensler denounces unauthorized social media post.
Most fund executives say risk appetite will be higher in the next 12 months.
Index reveals confidence drop was led by hedged equity and global macro managers.
Not too long ago financial advisors would bend over backwards to get their high-net-worth clients into exclusive hedge funds.
Finra hits LPL, Interactive Brokers with fines as 2023 closes.
Research reveals the types of educational material most wanted.
Louis Goff and others had been charged with raising $2.1 million from investors in a fraud from 2019 and 2020.
Calpers among plans with around $100B invested in the growing sector.
"It's not a good day for Austin Dutton," says one attorney.
Inflation, retirement savings growth expand pool of sophisticated investors, according to SEC Report.
GPB's founder was an accountant who couldn't do the firm's accounting.
The wirehouse is emphasizing better pay for advisors who sell alternative investments and offer loans to clients.
The firm is focusing more resources on the sector as it seeks to double the size of its business.
Financial advisors often recommend REITs as a way to generate income in retirement.
Looser monetary policy bets and hope for spot bitcoin ETF approval are key drivers.
Adoption of emerging structures such as interval funds and BDCs remains low.
