Investing

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FTX is seeking a path to buy Robinhood
ALTERNATIVES JUN 27, 2022
FTX is seeking a path to buy Robinhood

The president of the crypto exchange, Sam Bankman-Fried, says that he's 'excited’ about Robinhood’s prospects.

By Bloomberg
Gold steps up once again as the ultimate bear market hedge
EQUITIES JUN 27, 2022
Gold steps up once again as the ultimate bear market hedge

While it might be a lousy long-term investment, gold has a proven track record of rising to the occasion when times are tough.

By Jeff Benjamin
Investors win $975,000 in Finra arbitration involving UBS YES product
ALTERNATIVES JUN 24, 2022
Investors win $975,000 in Finra arbitration involving UBS YES product

Their attorney, Jeffrey Erez, said they were misled by UBS brokers who didn't understand the risky product.

By Mark Schoeff Jr.
The complexities of investing in alternatives
OPINION JUN 24, 2022
The complexities of investing in alternatives

Advisory firms' challenges when it comes to alts range from getting access to investments, meeting minimums, figuring out how to subscribe and the headache of performance reporting.

By Matt Sonnen
Finra hits National Securities with $9 million penalty
ALTERNATIVES JUN 23, 2022
Finra hits National Securities with $9 million penalty

The regulator sanctioned the broker-dealer for violations related to its marketing of securities it had underwritten and failings related to sales of GPB private placements.

By Bruce Kelly
Bank of America deepens ties to iCapital alts platform with strategic investment
EQUITIES JUN 23, 2022
Bank of America deepens ties to iCapital alts platform with strategic investment

The bank joins a long list of financial backers funding the $130 billion tech-savvy platform for investing in alternatives.

By Jeff Benjamin
Another Senate committee unanimously passes retirement savings legislation
RETIREMENT PLANNING JUN 22, 2022
Another Senate committee unanimously passes retirement savings legislation

The bill would raise the RMD age from 72 to 75, increase catch-up contributions and allow retirement plan matches for student loan payments. It will be combined with another recently advanced Senate measure.

By Mark Schoeff Jr.
Economic uncertainty puts alternative investments front and center
RIA NEWS JUN 22, 2022
Economic uncertainty puts alternative investments front and center

Financial advisers say clients are asking about alternatives to the standard investments in stocks and bonds.

By Jeff Benjamin
Finra dings another IBD over sales of GPB private placements
ALTERNATIVES JUN 21, 2022
Finra dings another IBD over sales of GPB private placements

United Planners' Financial Services was negligent in 2018 when it failed to inform clients that GPB had missed a deadline for filing financial information, according to Finra.

By Bruce Kelly
Shift in Bitcoin flows stirs hope for the battered crypto market
ALTERNATIVES JUN 21, 2022
Shift in Bitcoin flows stirs hope for the battered crypto market

Fewer Bitcoins are being moved to exchanges from so-called cold wallets — offline stores of the digital asset — for potential sale.

By Bloomberg
Tyrone Ross continues to bang the crypto drum with new ventures
RIA NEWS JUN 17, 2022
Tyrone Ross continues to bang the crypto drum with new ventures

The former Onramp exec is more bullish than ever on digital assets, which is why he's launching new businesses to capitalize on the trend.

By Jeff Benjamin
Wholesalers at B-D that sold GWG bonds jump ship
ALTERNATIVES JUN 16, 2022
Wholesalers at B-D that sold GWG bonds jump ship

When wholesalers leave a broker-dealer en masse, it's a signal that the firm's efforts to sell more product and generate more revenue could be greatly hampered.

By Bruce Kelly
Top Democrat seeks probe on crypto use in retirement accounts
RETIREMENT PLANNING JUN 15, 2022
Top Democrat seeks probe on crypto use in retirement accounts

Rep. Richard Neal, chairman of the House Ways and Means Committee, asked the Government Accountability Office to assess the use of cryptocurrency investments in 401(k) plans.

By Bloomberg
Anticipating more pain ahead, advisers stress long-term perspective
RIA NEWS JUN 15, 2022
Anticipating more pain ahead, advisers stress long-term perspective

While the stock market has officially entered a bear market, so far it doesn't feel like March 2009, when the market declined 30%, or October 1987, when it lost 20% in one day.

By Jeff Benjamin
Bitcoin’s unrelenting sell-off puts prices on verge of $20,000
ALTERNATIVES JUN 15, 2022
Bitcoin’s unrelenting sell-off puts prices on verge of $20,000

Bitcoin, the largest token, has fallen for nine straight days, the longest losing streak since 2014.

By Bloomberg
Senate committee poised to vote on retirement savings bill
RETIREMENT PLANNING JUN 13, 2022
Senate committee poised to vote on retirement savings bill

The measure is likely to become part of a larger Senate counterpart to the comprehensive retirement savings bill known as SECURE 2.0 that was approved in the House earlier this year.

By Mark Schoeff Jr.
As markets slide, more advisers are sending clients to I bonds
RIA NEWS JUN 13, 2022
As markets slide, more advisers are sending clients to I bonds

Investing in the Treasury-backed inflation hedge comes with a few challenges, but the 9.62% yield is seen as worth the effort.

By Jeff Benjamin
When it comes to fees, how advisers charge is as important to clients as how much
RIA NEWS JUN 13, 2022
When it comes to fees, how advisers charge is as important to clients as how much

Deducting fees from client portfolios can introduce the punishing long-term consequences of reverse compounding.

By Jeff Benjamin
Yellen says crypto is ‘very risky’ option for retirement savers
RETIREMENT PLANNING JUN 10, 2022
Yellen says crypto is ‘very risky’ option for retirement savers

Treasury chief says it would be reasonable for Congress to regulate what assets could be included in tax-favored retirement vehicles.

By Bloomberg
How investors are engaging with companies over abortion access
RETIREMENT PLANNING JUN 09, 2022
How investors are engaging with companies over abortion access

Recent shareholder proposals over reproductive rights have been made at Lowe's, TJX and Walmart.

By Emile Hallez