The agency lending platform joins a compact group of less than a dozen companies that enable funds to lend securities to be sold short.
The annuities business, while being an early mover, still lags where some consumers want to see it, according to NYDIG. Recently, several insurance companies have made big investments in the firm.
Halo Investing will offer fixed, variable and registered index-linked annuities from several carriers.
Financial advisers continue to recommend hefty cash reserves yielding almost nothing and losing ground to inflation, under the premise that safety trumps yield.
The wirehouse reported strong results, but also disclosed a significant hit from trading losses after the implosion of the family office and hedge fund Archegos Capital Management.
The actively managed fund is expected to be available as soon as this summer, and NYDIG will be the custody provider.
The number of carriers on its RIA custodial platform increased to 20 from seven and the number of fee-based products rose to 70.
The insurer recently won a long-running case brought by several brokers, though it is fighting several other suits from broker-dealers.
After 12-month returns in the triple digits, investors got a wake-up call when ESG funds came crashing back down to earth.
While it's simple to choose annuity providers based on price and payout rates, those costs and rates can change frequently, so the best options today might not be as good in several years, a new report concludes.
The bank's analysts credit the global pandemic with stirring investor demand for companies doing good, and also cite the frenzy for tech-focused thematic funds, many of which fall within the environmental, social and governance category.
The cryptocurrency fell by as much as 15% Sunday, after hitting a record high of more than $64,000 last week, and rival coins like Ether and XRP also plunged.
Bitcoin hit a record of more than $64,000 as Coinbase Global Inc., the largest U.S. cryptocurrency exchange, went public last week. Advisers and Wall Street have reached an inflection point when it comes to cryptocurrencies.
Advisers can utilize cutting-edge financial planning tools to help ease clients' concerns by showing them how they can save to cover medical expenses during retirement.
Mill Road Capital is applying a 'progressive private equity' strategy in its latest fund.
ETF issuers are betting en masse that U.S. regulators will green-light a fund tracking the largest cryptocurrency.
Unloading the business could bring in more than $2 billion, as CEO Charles Lowrey executes a three-year strategy to transform the business.
The pandemic has driven substantial divergence between innovative health care companies and those that have lost market share because of failing to address demands created by the spread of the virus.
Luma aims to get a broader set of advisers to engage with annuities with access to the Cannex database and annuity-focused tools.
Huber Capital Management borrows a page from the exchange-traded fund industry to protect mutual fund investors from taxes.
