Displaying 3703 results
Known co-founder Molina Niño focuses on wealth gap
The investment advisory firm is highly diverse and will never need a DEI initiative, co-founder says
Nontraded REIT sales tank in 2023
'Ironically, I think the redemption issue is the best thing ever happen to nontraded REIT space,' says Kevin Gannon of Stanger.
B. Riley retail brokers exposed to deal that’s under pressure
'The brokers are besides themselves, especially the independent brokers,' one source says.
Overcoming the education gap on alternatives
Half of financial professionals surveyed cite explaining the role of illiquidity within client portfolios as the most difficult client education topic.
Is 50/30/20 the new 60/40?
Alternatives asset manager says strategy is outdated but CIO argues talk of its demise is premature.
GWG bond debacle reveals limits in investor protection
Titan Securities is already among the departed. It's not footing the bill for its own funeral.
Clients win another GWG bond claim, this time against B-D
"We don’t agree with the decision but, with Finra arbitration, there is no appeal," says William H. McCance, president of Ages Financial Services.
Why alternatives are a key focus for institutions managing $100M-plus
Morgan Stanley's Graystone Consulting shares inaugural institutional investment study.
Real estate firm that raised money through IBDs blows up
Bellevue, Washington-based iCap focused on developing apartment buildings and stand-alone real estate.
Broker, executive hit with $1M arbitration loss over GWG bonds
'The financial advisor recommended he put the entire amount in GWG L bonds,' the claimant's attorney says.
Listed REITs offer buying opportunity, analyst says
'We are starting to pound the table a little bit about listed REITs,' says Rich Hill of Cohen & Steers.
Another new custodian enters the RIA market
Innovayte is targeting RIAs with $100 million to $800 million in assets and will be led by Catherine “Cat” Davies, a clearing and custody industry veteran.
Global alternatives market set to reach $24.5T, private credit AUM to double
Analysts forecast an $8 trillion surge in the next five years.
Finra tags advisor for sales of GPB alternatives
"It’s frustrating to see Finra charging brokers after the nail is in the coffin of [clients'] portfolios," one attorney says.
FTX co-founder admits multibillion-dollar fraud
The crypto exchange collapse is being played out in court.
New crypto SMA platform to launch for wealth advisors
The platform will provide advisors with secure and regulated access to digital assets.
SEC’s ‘cryptos are securities’ court appeal denied
Regulator cannot challenge federal court judge’s ruling on Ripple Labs’ digital currency.
Millennium in trading deal talks with external hedge fund
The $60B AUM fund is reportedly mulling investing with a third party to unlock access to more than 100 investing teams.
Celebrity investors have outperformed the average S&P 500 returns for 20 years
The top performing A-lister has seen triple-digit returns on their net worth.
Massachusetts, Finra fine Fidelity $1.65 million, alleging lax standards for options trading
Galvin cites Fidelity's “half-hearted and lackadaisical attitude” on approving clients to trade risky securities.
