Cole Gilliam Parks grew up on a cattle ranch in North Central Texas, learning early that the land has a rhythm of its own. Today, as president, CEO and co-founder of Southwestern Group, a boutique private equity firm focused on financial services, real estate and agriculture, Parks is making the case that ...

AJ Osborne has been investing in self-storage since 2004, and in that time he has developed a finely calibrated map of the American real estate landscape — one that looks nothing like the conventional wisdom that equates safety with size. As CEO of Cedar Creek Capital, Osborne oversees a portfolio spanning roughly 12 states, from Phoenix and Dallas-Fort Worth to Iowa, Oklahoma and the Pacific Northwest. His specialty is secondary markets, and his track record there, he says, is ...

On the morning the Palisades burned, Michele Havens went to work and never returned home. She was weeks into one of the biggest professional transitions of her career — leaving a 24-year tenure at Northern Trust to lead BMO’s U.S. wealth management business — when the January fires swept through her Pacific Palisades neighborhood. Her children were pulled from school. The family checked into a downtown hotel. That evening, tracking the destruction on their phones like the rest of Los Angeles, they ...

Several years ago, our firm published an article titled “Investing in Human Capital.” The central theme was simple: Organizations that approach hiring with the same discipline and long-term perspective as an investment decision tend to achieve stronger, more durable outcomes. We continue to believe this approach remains a winning formula for employers across all market cycles. The prevailing sentiment across the commercial real estate industry is that ...

Some of the world's largest technology companies are making substantial moves into the life sciences space through acquisitions, platform launches, partnerships and board appointments that are signaling the deepening convergence between artificial intelligence and biology. In our view, relative to any other domain, AI could have the most profound impact on ...

By all appearances, the global wealthy are thriving. A record number of people are joining the ranks of the ultra-rich. Luxury home prices are still climbing. Private capital is moving aggressively into real estate, infrastructure and alternative assets. Demand for yachts, private aviation and “transformational” luxury experiences remains strong. And yet, beneath the surface ...

Phil Huber, managing director and head of portfolio solutions at Cliffwater: “For decades, it offered a simple formula: equities for growth, bonds for stability, and together a dependable mix of diversification and downside protection. That framework is now under pressure. Equity returns have become increasingly concentrated, and bonds have been less reliable during periods of stress. Stocks and bonds remain foundational, but no longer sufficient on their own. The takeaway is not to abandon 60/40 but to evolve what constitutes the 60 and the 40. Alternative assets, particularly private debt, can serve as ..."

Artificial intelligence has found its way into every industry from children’s toys to autonomous cars to interior design — and the wealth management world is not immune to this phenomenon. In fact, AI 1.0 has long been part of the investment world in the guise of robo-advisers and automated office processes. Now we are seeing a large majority of wealth managers moving on from mere automation to ...

DWS writes the market turbulence triggered by the Iran war has once again raised questions about gold’s role as a perceived short-term safe haven. Here is what the organization has to say on the subject here.

Real estate has always been a late adopter. For most of its history, the industry resisted the technology investments that transformed other sectors, and it paid a price. But a decade of dedicated venture capital — and a new wave of artificial intelligence — is rapidly changing that. Dan Wenhold, a partner at Fifth Wall, a venture capital firm focused on property technology for the built environment, says the urgency real estate executives feel today mirrors the ...

Deep beneath the Earth’s surface there sits a clean and renewable energy reserve estimated to contain 50,000 times more potential power than all of the world’s oil and gas reserves combined. As one drills deeper, the thermal energy accessed becomes hotter. The situation is not lost on ...

Is cohousing coming back from its communal past? While the term may evoke 1960s communes and Haight-Ashbury ideals, today’s “cosharing” movement is driven by a much more practical force — the global housing crisis. With a six-figure salary now required to buy an average home in 45 percent of U.S. metros, homeownership is slipping away from the under-40 demographic, where only 21 percent to 33 percent can afford the average home price, per the National Association of Realtors. It is estimated the United States needs ...

Thirty-five thousand dollars. That’s the cost of the Pentagon’s new Low-cost Uncrewed Combat Attack System (LUCAS for short), which made its combat debut this year in the conflict with Iran. Reverse-engineered from Iran’s Shahed drone design, the LUCAS is autonomous, long-range and capable of swarm strikes, all for ...

The headlines have been dire: wealthy residents of New York City fleeing to Florida, companies decamping to Texas, and a city supposedly unraveling under the weight of high taxes, harsh winters and anti-business politics. But a new analysis by researchers at JLL suggests the story is far more complicated — and far more encouraging for New York City — than the dominant ...

An interview with Peter Miscovich, global future of work leader at JLL.

Tax friction — also known as tax cost ratio — is the difference between an investor’s pretax and after-tax returns, or the amount of annualized return lost due to taxes from net realized capital gains and other taxable income, such as dividends from stocks or interest from bonds. Though it is often represented as a small percentage, its long-term effects can be substantial.

Artificial intelligence is not simply accelerating innovation — it is compressing time itself.

The original Opportunity Zone program is coming to an end this year. However, a new and improved version is ready to kick off in January.

Argosy Real Estate Partners has spent more than 15 years building a differentiated strategy focused on the lower middle market — a segment of commer­cial real estate that large institutional “megafunds” are generally constrained from accessing.