Results for "private-equity funds"

Displaying 149 results

Sort: Date | Relevance

Author:

Kestra Financial latest broker-dealer to be put up for sale

December 14, 2018

Kestra Financial Inc. is the latest large independent broker-dealer to be put up for sale and is currently being shopped around by its private equity parent, according to industry sources. Kestra was formerly known as NFP Advisors when it was...

Private-equity firms want SEC to loosen rules on business development companies

December 12, 2018

Apollo Global Management and Ares Management are among the private-equity titans that scored a victory earlier this year when they persuaded Congress to let lending companies they control ramp up risk. Now, as lawmakers engage in frantic negotiations...

The gold rush that is reshaping private banking

November 26, 2018

Ten years ago, stock markets plunged, major banks faltered, and the global economy teetered on a precipice. Few would have predicted that the ensuing decade would produce an explosion in wealth. But that's just what happened. An unprecedented...

Commonwealth advisers turning to private equity

November 8, 2018

An earlier version of this story incorrectly reported the total that Commonwealth advisers have invested in private equity. As the number of publicly listed companies continues to shrink, brokers and advisers who work with Commonwealth Financial...

Wealth Enhancement Group buys second Philly-area RIA in as many months

October 23, 2018

The buying spree continues at Wealth Enhancement Group as the $9.7 billion Minneapolis-based hybrid firm agreed to acquire its ninth independent advisory firm in the past five years. The most recent deal, announced Tuesday, involves GDM Advisory...

Is the endowment model relevant for individual investors?

October 22, 2018

The endowment style of investing, developed by David Swenson at Yale University in the mid-1980s, has gained increased attention over the past several decades as more investors seek to emulate part or all of the more diversified strategy. Yet...

Best- and worst-performing equity funds

October 20, 2018

LARGE CAP GROWTH Top 10 1-year return 3-year return 5-year return Expense ratio* Portfolio net assets ($M)** Berkshire Focus Fund (BFOCX) 51.15% 29.68% 19.55% 2.02% $187.60 Dunham Focused Large Cap Growth;N (DNFGX) 37.92% 18.99% 14.11% 1.16%...

Market volatility brings alternative investments back into focus

October 19, 2018

At least on paper, it should be easy to make the case for allocating portfolio assets toward more alternative strategies designed to reduce some of the risk imbedded in a 10-year bull market for stocks. Reality, however, shows that investors...

RIA consolidation on pace for sixth straight record year

October 18, 2018

The pace of consolidation among registered investment advisers slowed slightly during the third quarter but remains on track for a sixth consecutive record year. The latest report from Echelon Partners counted 43 RIA acquisitions during the...

LPL video about private equity looks like a swipe at Cetera

September 21, 2018

LPL Financial appears to be dissing its rivals, including Cetera Financial Group, in a video that is making the rounds of social media sites such as LinkedIn with the title, "How Financial Advisers Can Be Impacted by Private Equity Ownership."...

HighTower on prowl for new CEO, Weissbluth to become chairman

August 20, 2018

Elliot Weissbluth is stepping down as CEO of HighTower Advisors and moving into the role of chairman as soon as the Chicago-based RIA consolidator hires a replacement. The leadership change comes less than a year after HighTower sold a majority...

Equity ETFs ranked by second quarter performance

August 18, 2018

Ranked by quarterly returns Name/ticker 3-month return 1-year return Net assets ($M) Expense ratio* 3-month average daily volume 1 Invesco Dynamic Energy Exploration & Prod ETF (PXE) 27.97% 43.74% $98.70 0.80% 51,655 2 First Trust NASDAQ Oil...

Private equity chasing healthy returns at RIAs and broker-dealers

August 2, 2018

Why are private-equity investors swarming over the wealth management industry? As Willie Sutton supposedly said when asked why he robbed banks, "That's where the money is." Looking to buy businesses with annual rates of return of 20% to 25%...

Focus Financial IPO falls short of expectations

July 26, 2018

Focus Financial Partners' initial offering price of $33 was bid up by investors when the stock started trading Thursday afternoon. Despite the below-target offering price, the stock closed its first day of trading at $37.55, representing a 13.8%...

Wealth Enhancement Group adds $350 million planning firm in Florida

July 24, 2018

Wealth Enhancement Group, a Minneapolis, Minn.-based hybrid overseeing $8.9 billion in assets, has agreed to acquire Retirement Strategies Inc., a registered investment adviser and planning firm managing more than $350 million in assets and...

Focus Financial raises goal for IPO to $600 million

July 17, 2018

Focus Financial Partners' announcement Monday that it plans on raising six times as much money — $600 million instead of its original $100 million — in an initial public stock offering is another endorsement of the registered investment...

Genstar Capital buys majority stake in Cetera Financial Group

July 17, 2018

Cetera Financial Group, a network of six independent broker-dealers with about 8,000 brokers and advisers, said Tuesday evening that private-equity firm Genstar Capital will buy a majority equity stake in the company. Cetera's holding company,...

Upstart RIA uses access to alternatives to recruit advisers

June 28, 2018

A fledgling New York-based financial advisory firm aims to make a big splash as a consolidator by baiting the hook with access to sophisticated investments. Third Seven Advisors, which has absorbed two advisory practices for a total of nearly...

Private-equity veterans build $2 billion advisory firm from scratch

June 26, 2018

The wealth management space has become an attractive target of deep-pocketed private-equity investors, but rare is the private-equity investor launching a financial advisory firm from scratch. Enter Cresset Capital Management, a 1-year-old Chicago-based...

Winning over the ultra-rich means cutting them in on mega deals

June 11, 2018

America's last Gilded Age had its "List of 400": the people said to be worthy enough, or at least rich enough, to climb the pinnacles of high society. Today, in an age of affluence not even the Astors and Vanderbilts might have imagined, there...

Next Page »

1 | 2 | 3 | 4 | 5 ... 8

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.