Investing

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Advisors still positive on private equity despite recovery in publicly traded stocks
EQUITIES SEP 06, 2024
Advisors still positive on private equity despite recovery in publicly traded stocks

The comeback in publicly traded stocks and bonds is complete. So what are advisors doing with all the private equity they added since the 2022 market selloff?

By Gregg Greenberg
US yields retreat as jobs spark hopes for jumbo Fed cut
FIXED INCOME SEP 06, 2024
US yields retreat as jobs spark hopes for jumbo Fed cut

Softer-than-expected jobs report opens the door to a 50-basis-point adjustment, but the jury is still out on the cautious central bank's next move.

By Bloomberg
Robinhood hit with $3.9M penalty for misleading crypto investors in California
ALTERNATIVES SEP 06, 2024
Robinhood hit with $3.9M penalty for misleading crypto investors in California

Landmark settlement finds the retail investing platform violated consumer protection laws by falsely representing its trading and custody practices.

By Leo Almazora
Trump Media's 69 percent stock drop erases billions before lockup lapses
EQUITIES SEP 05, 2024
Trump Media's 69 percent stock drop erases billions before lockup lapses

The downward spiral in Donald Trump's media empire slashes his paper gains by more than $3.7B, just days before he gets the all-clear to cash out.

By Bloomberg
Vestwell adds first annuity option for 401(k)s, from TIAA
LIFE INSURANCE AND ANNUITIES SEP 05, 2024
Vestwell adds first annuity option for 401(k)s, from TIAA

Next year, the firm will add a lifetime income feature paired with a target-date series that lets customers buy annuities or take distributions at retirement.

By Emile Hallez
SEC's battle for hedge fund fee transparency dies in Supreme Court
ALTERNATIVES SEP 04, 2024
SEC's battle for hedge fund fee transparency dies in Supreme Court

The federal securities regulator earns praise from industry groups as its legal battle for private fund disclosure requirements comes to an end.

By Bloomberg
Sound Income Group sharpens brand focus with relaunched coaching division
RIA NEWS SEP 04, 2024
Sound Income Group sharpens brand focus with relaunched coaching division

The diversified financial services company in Florida is reaffirming its focus on income with a rebrand of its consulting and marketing arm for independent annuity producers.

By Leo Almazora
Blockbuster summer fuels $609B haul for ETFs
ALTERNATIVES SEP 03, 2024
Blockbuster summer fuels $609B haul for ETFs

US-listed ETFs raked in $75B, five times over the same period in 2023, amid an investor frenzy that cut across styles and asset classes.

By Bloomberg
Former RIA to pay $225k over crypto custody failures
ALTERNATIVES SEP 03, 2024
Former RIA to pay $225k over crypto custody failures

Around half of the assets held by a private fund advised by the Florida-based firm were lost in 2022 amid the collapse of FTX, according to the SEC.

By Leo Almazora
S&P 500 slides most since August meltdown
EQUITIES SEP 03, 2024
S&P 500 slides most since August meltdown

Stocks take a hit as Nvidia disappointment continues and investors watch for upcoming clues on the Fed's next move.

By Bloomberg
Posing as a broker, Maryland insurance agent grabs clients' savings
LIFE INSURANCE AND ANNUITIES AUG 29, 2024
Posing as a broker, Maryland insurance agent grabs clients' savings

"Customers should use regulated industries to their advantage and hire career specialists in each area of their lives," said one industry executive.

By Bruce Kelly
Treasury yields rise on resilient signals pointing to measured Fed cuts
FIXED INCOME AUG 29, 2024
Treasury yields rise on resilient signals pointing to measured Fed cuts

A positive revision in US GDP and healthy job market numbers prompted traders to pare their expectations.

By Bloomberg
Crypto millionaires have doubled over the past year: Henley & Partners
ALTERNATIVES AUG 29, 2024
Crypto millionaires have doubled over the past year: Henley & Partners

With crypto assets soaring to $2.3T in market value, the number of crypto centi-billionaires has grown 79 percent.

By Leo Almazora
Which firm leads annuity sales this year?
LIFE INSURANCE AND ANNUITIES AUG 29, 2024
Which firm leads annuity sales this year?

Sales continue to rise across the industry, Limra found.

By Emile Hallez
Expect advisors’ ETF love affair to continue, says Cerulli
ETFS AUG 29, 2024
Expect advisors’ ETF love affair to continue, says Cerulli

A shift from mutual funds, product expansion at asset managers, and the growing appeal of active ETFs will help drive adoption forward.

By Leo Almazora
Private equity funds gaining traction with advisors
ALTERNATIVES AUG 28, 2024
Private equity funds gaining traction with advisors

"The appetite by financial advisors for private equity funds is super high right now," says one industry executive.

By Bruce Kelly
Buffett's Berkshire bursts into the trillion-dollar club
EQUITIES AUG 28, 2024
Buffett's Berkshire bursts into the trillion-dollar club

It's not just for tech titans anymore as the Oracle of Omaha's get-rich-slow investing style reaffirms its worth.

By Bloomberg
For two-fifths of financial advisors, a bit of bitcoin makes sense
ALTERNATIVES AUG 28, 2024
For two-fifths of financial advisors, a bit of bitcoin makes sense

June snapshot survey by DACFP reveals more financial professionals pitching crypto exposure to their clients.

By Leo Almazora
BofA clients pull out of US stocks as S&P 500 hovers near all-time high
EQUITIES AUG 27, 2024
BofA clients pull out of US stocks as S&P 500 hovers near all-time high

The risk-off rush sparked an offloading out of seven out of 11 sectors, including tech and energy stocks.

By Bloomberg
Avalanche of peak boomer retirements will have “a significant impact,” warns study
RETIREMENT PLANNING AUG 27, 2024
Avalanche of peak boomer retirements will have “a significant impact,” warns study

Research from the Alliance of Lifetime Income highlights the economic implications of a historic turnover in the workforce.

By Leo Almazora