Investing

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Tyrone Ross resigns as CEO of Onramp Invest
RIA NEWS MAR 01, 2022
Tyrone Ross resigns as CEO of Onramp Invest

Co-founder Eric Ervin, who's taking over as CEO, alludes to the 'stresses of dual leadership' in an email to investors.

By Jeff Benjamin
Bitcoin advances in tentative comeback as haven asset
ALTERNATIVES MAR 01, 2022
Bitcoin advances in tentative comeback as haven asset

The largest cryptocurrency rose 4.3% to $43,453 at 10:50 a.m. in London, gaining along with other major digital tokens.

By Bloomberg
Creative Planning adds $400 million New York City-based RIA
RIA NEWS MAR 01, 2022
Creative Planning adds $400 million New York City-based RIA

The Doman Group, which works with athletes and entertainers, marks Creative Planning's first office in Manhattan.

By Jeff Benjamin
More intense SEC scrutiny of private equity not likely to dull appetite for RIA acquisition
ALTERNATIVES FEB 28, 2022
More intense SEC scrutiny of private equity not likely to dull appetite for RIA acquisition

Experts say an SEC proposal would significantly raise regulatory costs but the robust PE sector should maintain its transactional pace.

By Mark Schoeff Jr.
Russian invasion and sanctions drive oil price rally
EQUITIES FEB 28, 2022
Russian invasion and sanctions drive oil price rally

While the S&P 500 Index has fallen 6% so far this year, some exchange-traded funds that focus on the oil sector have surged.

By Jeff Benjamin
Broker-dealers sell record $10.5 billion in alts in January
ALTERNATIVES FEB 28, 2022
Broker-dealers sell record $10.5 billion in alts in January

Investors' demand for alternative investments such as nontraded REITs and business development companies at the start of 2022 is a harbinger for sales over the remainder of the year.

By Bruce Kelly
US ETFs show extent of damage to Russian stocks
EQUITIES FEB 28, 2022
US ETFs show extent of damage to Russian stocks

Russia's stock market is closed, but the VanEck Russia ETF and the iShares MSCI Russia Capped ETF plunged 26% and 20%, respectively, in U.S. trading early Monday.

By Bloomberg
Selling stocks now entails too much risk: JPMorgan
EQUITIES FEB 28, 2022
Selling stocks now entails too much risk: JPMorgan

The bank's analysts note that most military conflicts end up turning into buying opportunities.

By Bloomberg
Gold emerges once again as rock of stability amid market unrest
ALTERNATIVES FEB 24, 2022
Gold emerges once again as rock of stability amid market unrest

The precious metal is up 4.3% this year, which compares to the 11% drop in the S&P 500 Index.

By Jeff Benjamin
Financial advisers downplay geopolitical unrest while preparing for the worst
RIA NEWS FEB 24, 2022
Financial advisers downplay geopolitical unrest while preparing for the worst

Financial markets are reacting to Russia's invasion of Ukraine, while market watchers dissect the bigger picture.

By Jeff Benjamin
Last great ETF holdout caves as Capital Group launches funds
MUTUAL FUNDS FEB 24, 2022
Last great ETF holdout caves as Capital Group launches funds

One ETF will focus on fixed income, three will invest primarily in U.S. equities, and two will be devoted to global stocks.

By Bloomberg
Americans want new ways to generate retirement income
OPINION FEB 24, 2022
Americans want new ways to generate retirement income

Why aren't advisers talking to clients about the solutions that are out there? Many investors are still choosing only traditional investment vehicles and missing the complementary role annuities can play in retirement portfolios.

By Chris Blunt
Gold fights off rising rates, Bitcoin to be haven in tough times
ALTERNATIVES FEB 23, 2022
Gold fights off rising rates, Bitcoin to be haven in tough times

Bullion and real U.S. interest rates have climbed this year but tightening rate cycles are not necessarily bearish for gold.

By Bloomberg
Envestnet weighs options after seeing takeover interest
ALTERNATIVES FEB 23, 2022
Envestnet weighs options after seeing takeover interest

The Chicago-based fintech has recently been approached by at least one private equity firm interested in acquiring it, according to people familiar with the matter.

By Bloomberg
SEC flooded with comment letters about Bitcoin ETFs
ALTERNATIVES FEB 22, 2022
SEC flooded with comment letters about Bitcoin ETFs

Hundreds of comments have been published online in the past two weeks, after Grayscale Investments launched a media campaign encouraging the public to weigh in on a Bitcoin ETF.

By Sean Allocca
CI Financial adds $5 billion RIA, reports record financial results
RIA NEWS FEB 22, 2022
CI Financial adds $5 billion RIA, reports record financial results

The Canadian financial conglomerate acquired Newport Beach, California-based Corient Capital, while its earnings show its U.S. operations now represent its largest business segment.

By Jeff Benjamin
The confusion over crypto assets
ALTERNATIVES FEB 21, 2022
The confusion over crypto assets

Clients are demanding access to digital assets. But how — and when — will brokers be able to sell them?

By Bruce Kelly
Most of the largest 401(k) funds are in the red this year on tech slump
EQUITIES FEB 19, 2022
Most of the largest 401(k) funds are in the red this year on tech slump

Of the 15 largest funds held in 401(k) plans, just one has a positive return for the year as of Thursday, according to data from Brightscope.

By Bloomberg
Investing platforms cash in on crypto craze
ALTERNATIVES FEB 18, 2022
Investing platforms cash in on crypto craze

Companies ranging from established robo-advisers like Betterment to upstarts like the crypto-focused robo Domain Money have launched new products in recent weeks to help clients navigate the complex and often confusing world of digital assets.

By Sean Allocca
Why RIAs should look at PE the way PE looks at RIAs
RIA NEWS FEB 17, 2022
Why RIAs should look at PE the way PE looks at RIAs

As private equity pours cash into wealth management, financial advisers should be exposing clients to private equity investments.

By Jeff Benjamin