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.
Merrill's latest hires span Colorado to Louisiana, even as industry-wide recruiting data suggests the firm is losing almost as many advisors as it gains.
The $36 million buy allegedly hid inflated books and a $50 million diversion.
“An award citing emotional distress is very unusual,” an industry executive said.
New EBRI research found workers who participated in employer financial education reported higher confidence, literacy and financial satisfaction.
Beyond operational excellence, the winning advisors of the future are the ones who can reach across multiple disciplines without discarding specialist skills.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
