The Alternatives Exchange will provide curated UBS and iCapital alternative investment products to the 106,000 advisers on Envestnet’s platform.
Bain Capital took a minority stake in Carson, one of the largest registered investment advisers in the country with more than $17 billion in assets.
The Knights of Columbus Asset Advisors will manage the new fund, which will be advised by Faith Investor Services. The two largest faith-based funds are the Global X S&P 500 Catholic Values ETF and Inspire 100 ETF.
Companies that do well on one ESG criteria may not do as well on others, thus the value of opaque ratings can be confusing and frustrating for investors.
The Kestra settlement and other recent ones demonstrate the SEC’s concern is extending to revenue sharing.
The bank's new offering puts it into competition with robo-advisers, discount brokerages and some big-bank peers.
The IRS has clearly communicated that cryptocurrency assets are taxed when they are traded, but this is news to many of the investors who own cryptocurrencies.
Leavenworth Capital has a short but impressive track record of actively trading cryptocurrencies to double the performance of Bitcoin this year.
The Massachusetts lawmaker expressed concern that digital-asset markets lack the same investor protections as the New York Stock Exchange and Nasdaq.
Allegiant Private Advisors adds nearly $1 billion to Mariner's assets under advisement and expands the firm's footprint in Florida.
Innovator Defined Wealth Shield ETF offers 20% downside protection but caps annual gains at 2.8%.
The Indianapolis-based firm, formerly David A. Noyes & Co., agrees to censure, a fine and restitution.
Flows into exchange-traded funds have been unprecedented this year, even against the backdrop of a record 2020. Despite market valuations and inflation threats, financial advisers are keeping the pedal to the metal.
CoinShares International bought the fund from Alan Howard's Elwood as part of its agreement to buy Elwood's indexing business.
To avoid data inefficiency, alternative managers must take a tech-led approach to meet the evolving needs of their clients, State Street says.
Legislation introduced by Reps. Anthony Gonzalez, R-Ohio, and Gregory Meeks, D-N.Y., would lift restrictions on closed-end funds' investments in unregistered securities.
Together, DACFP and InvestmentNews will be providing subscribers with content and educational opportunities to increase your knowledge about blockchain and digital assets, and access to the product and service providers in that ecosystem, so you can give investors the advice, products and services they need.
Investors are betting that fiscal and monetary policies will continue to fuel inflationary pressures.
The new name, Digital Assets Council of Financial Professionals, reflects a broader charter to serve every company and all financial advisers, Edelman says.
Virginia, Maine and Alabama recently adopted rules tracking the model ‘best interest’ measure approved in 2020 by the National Association of Insurance Commissioners.
