The Financial Industry Regulatory Authority Inc. has approved the broker-dealer status of Gemini Galactic Markets, an affiliate of Gemini Trust Co., which is controlled by twins Cameron and Tyler Winklevoss.
As a result of the approval, Gemini Galactic can operate an alternative trading system, which will facilitate the trading of digital asset securities, it said in a blog post on its website.
The initial securities to be traded on the platform include private placements, and may eventually include public offerings, John Reinhardt, Gemini’s director of custody operations, told the website CoinDesk.
“It’s time for an economic reset,” wrote the California governor, in a post on X.
Masterworks was launched in 2017 but its RIA, Masterworks Advisers, is just three years old.
One 2017 form, no broker license, and a $42 million gap they say surfaced on a webinar.
Fewer than half of Americans in their peak earning years feel on track for retirement, while many say limited financial knowledge and access to professional guidance are holding them back.
Meanwhile, Wells Fargo hauled advisors overseeing $825 million in the West Coast, while Wedbush has welcomed a seasoned professional from Stifel in California.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
