Yieldstreet, an alternative investment platform, said Friday that it's launching an Art Equity Fund to give investors an opportunity to invest in physical art.
The fund will allow them to invest a diversified pool of blue-chip and mid-career postwar and contemporary artworks, including pieces by George Condo, Keith Haring and Kenny Scharf.
Future Yieldstreet fund offerings are expected to partner with prominent experts across the art market and include a range of focuses, periods, genres and artists at various stages of their careers.
Since its founding in 2015, Yieldstreet has funded more than $2.4 billion of investments across a range of alternative asset classes.
The new regional leader brings nearly 25 years of experience as the firm seeks to tap a complex and evolving market.
The latest updates to its recordkeeping platform, including a solution originally developed for one large 20,000-advisor client, take aim at the small to medium-sized business space.
David Lau, founder and CEO of DPL Financial Partners, explains how the RIA boom and product innovation has fueled a slow-burn growth story in annuities.
Crypto investor argues the federal agency's probe, upheld by a federal appeals court, would "strip millions of Americans of meaningful privacy protections."
Meanwhile in Chicago, the wirehouse also lost another $454 million team as a group of defectors moved to Wells Fargo.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
