Investing

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Credit Suisse offers $3 billion debt buyback to soothe investors
EQUITIES OCT 07, 2022
Credit Suisse offers $3 billion debt buyback to soothe investors

The announcement signals the bank's confidence that it has enough liquidity to take advantage of the recent slump in debt markets.

By InvestmentNews
Hub acquires Northern California-based Quintes
RETIREMENT PLANNING OCT 06, 2022
Hub acquires Northern California-based Quintes

The firm designs and manages retirement plans, including 401(k)s, 403(b)s and 457(b)s, as well as defined-benefit and cash-balance plans.

By InvestmentNews
New ETFs would package best, worst of Jim Cramer's stock picks
EQUITIES OCT 06, 2022
New ETFs would package best, worst of Jim Cramer's stock picks

Tuttle Capital Management is seeking SEC approval to launch two active ETFs populated with the 'Mad Money' host's favorite stocks.

By Jeff Benjamin
ESG investments move a step closer to strict definitions and certification
RIA NEWS OCT 05, 2022
ESG investments move a step closer to strict definitions and certification

Fintech firms are joining forces to help investors avoid the pitfalls of greenwashing.

By Jeff Benjamin
Fisher Investments adviser snags Judge's history-making homer
RIA NEWS OCT 05, 2022
Fisher Investments adviser snags Judge's history-making homer

Cory Youmans, a vice president and investment adviser at Fisher in Plano, Texas, caught Aaron Judge's historic 62nd home run of the season Tuesday night.

By Bruce Kelly
iShares files for three more ‘ESG aware’ ETFs
MUTUAL FUNDS OCT 05, 2022
iShares files for three more ‘ESG aware’ ETFs

The world’s biggest asset manager keeps rolling out sustainability themed products.

By Emile Hallez
Life insurance can be a valuable asset for seniors battling inflation
OPINION OCT 05, 2022
Life insurance can be a valuable asset for seniors battling inflation

Selling life insurance policies can help retirees meet expenses, but such transactions, known as life settlements, are overlooked by the financial planning world.

By Lucas Siegel
Vanguard gaining ground on BlackRock in the $6 trillion US ETF universe
MUTUAL FUNDS OCT 05, 2022
Vanguard gaining ground on BlackRock in the $6 trillion US ETF universe

Nearly $45 billion flowed into Vanguard ETFs in the third quarter, compared to BlackRock Inc.’s $25 billion haul.

By Bloomberg
Market pain boosts case for adding alternatives to retirement accounts
RETIREMENT PLANNING OCT 04, 2022
Market pain boosts case for adding alternatives to retirement accounts

An increasing number of wealth managers are diversifying their clients’ portfolios away from traditional asset classes into alternative, and often less liquid, assets.

By Gregg Greenberg
Schwab adds 800 funds to no-transaction-fee program
RIA NEWS OCT 04, 2022
Schwab adds 800 funds to no-transaction-fee program

The funds are in addition to the more than 130 no-transaction-fee, institutional share class funds from T. Rowe Price on the platform, which was announced in December.

By InvestmentNews
Latest cryptocurrency SMA platform shows bullishness about digital assets
RIA NEWS OCT 04, 2022
Latest cryptocurrency SMA platform shows bullishness about digital assets

Valkyrie Funds continues to diversify its product offering by providing yet another way to gain exposure to cryptocurrencies.

By Jeff Benjamin
Concourse Financial names David Perry CEO
LIFE INSURANCE AND ANNUITIES OCT 04, 2022
Concourse Financial names David Perry CEO

Perry, who most recently served as the firm's chief operating officer, succeeds Doyle Williams, who is returning to parent company Protective Life.

By InvestmentNews
Republicans advocate for retirement investments in private equity, crypto
RETIREMENT PLANNING OCT 03, 2022
Republicans advocate for retirement investments in private equity, crypto

The lack of Democratic support likely would keep legislation on using alternatives in retirement plans out of the Secure 2.0 mix.

By Mark Schoeff Jr.
As Fed battles inflation, fixed-income investing regains popularity, purpose
RIA NEWS OCT 03, 2022
As Fed battles inflation, fixed-income investing regains popularity, purpose

Experts advise taking advantage of higher bond yields while bracing clients for the near certainty of a recession.

By Jeff Benjamin
Credit Suisse fears fail to rattle US wealth management market, for now
ALTERNATIVES OCT 03, 2022
Credit Suisse fears fail to rattle US wealth management market, for now

The Swiss bank pulled out of the US financial advisory business in 2015 when it shuttered its private banking unit here.

By Bruce Kelly
ARK puts crypto strategies on Eaglebrook’s SMA platform
ALTERNATIVES OCT 03, 2022
ARK puts crypto strategies on Eaglebrook’s SMA platform

The cryptocurrency and cryptoasset strategies will offer direct ownership, low minimums, and portfolio reporting integration.

By InvestmentNews
SEC fines Kim Kardashian $1.26 million for endorsing crypto token on Instagram
ALTERNATIVES OCT 03, 2022
SEC fines Kim Kardashian $1.26 million for endorsing crypto token on Instagram

The securities watchdog said she broke US rules by not disclosing she was paid for the promotion.

By Bloomberg
Finra expels New York-based NYPPEX for securities fraud
ALTERNATIVES SEP 30, 2022
Finra expels New York-based NYPPEX for securities fraud

The firm's former CEO, Laurence Allen, is barred and its current CEO, Michael Schunk, is suspended.

By InvestmentNews
Hennessy to add ESG ETF from Stance Capital
ETFS SEP 30, 2022
Hennessy to add ESG ETF from Stance Capital

The $40 million fund invests at least 80% of its net assets in stocks of large cap companies that meet ESG criteria determined by the portfolio managers.

By ESG Clarity
BlackRock plans crypto ETF that tracks firms with exposure to metaverse
ALTERNATIVES SEP 30, 2022
BlackRock plans crypto ETF that tracks firms with exposure to metaverse

The fund might include firms that have products or services tied to virtual platforms, social media, gaming, digital assets and augmented reality.

By Bloomberg