With $18 billion in assets, FS Investments and KKR will have the largest BDC on the market.
Several factors, including consolidation in the independent advice industry and PE's own growing mountain of cash, are fueling the zeal to invest.
<i>InvestmentNews</i> Research sorted through Form ADVs to rank the top independent firms in the Northeast, Midwest, South and West.
Thomas Lee, research head for Fundstrat Global Advisors, suggests owning these stand-in assets.
Report from rival firm says wirehouse stands to benefit from lower recruiting costs.
The behavioral economist creates new strategies and thinks broadly about long-term questions for the firm, in a role he was once paid for in wine.
Regulators question why investors would pay more for additional liquidity on a long-term product.
Firms such as Dynasty Financial Partners and Raymond James have seen an uptick in engagement among wirehouse brokers.
Since the SEC bar in 2010, Barry Kornfeld has sold commercial mortgage loans of the Woodbridge Group of Companies, which filed for Chapter 11 bankruptcy and has stopped paying investor distributions.
Four advisers join employee-channel offices in New York's Westchester and Long Island suburbs.
Firms allegedly sold AlphaSector strategies with false track records.
The "income, diversify and interest rate" pitch was never the main draw for brokers.
Many RIAs have access to external cash, but should be clear on how that money would be used and the motivations and time line of the investor.
Take advantage of a likely pickup in mergers and acquisitions through financial services funds and bank stocks.
Sixty percent of retired boomers said life is better than they had expected.
The association of small advisers had been affiliated with the recently-acquired NPC.
Allegations against the wirehouse's former managing director include sexual harassment, which Ford denies.
Calif.-based Continuum Advisory makes change after only 20 months.
Conservative bond portfolio will return only about 3% annually over the next decade, making it hard for pensions to meet their targets.
