Mercer Global Advisors announces acquisition of Waypoint Capital Advisors by Released | Nov 13, 2024 Mercer Global Advisors, a national registered investment adviser (RIA), has acquired Waypoint Capital Advisors, an investment advisory and financial planning firm that manages nearly $1 billion in client assets for ultra-high-net-worth (UHNW) individuals and families.
Wealthspire Advisors debuts Art InSpired initiative to grow awareness of the arts and collectibles by Kali Persall | Nov 13, 2024 Wealthspire Advisors, an NFP company and an independent registered investment adviser (RIA), is broadening its family office services business with the launch of Art InSpired, an initiative focused on promoting art through investor education.
Sales of service, logistics, hospitality and other robots rising worldwide by Mike Consol | Nov 13, 2024 Sales of robots for agriculture, hospitality, logistics, medical and professional service roles have risen globally by double digits, though their design, manufacture and adoption vary by region.
Vega raises $20m in series A round led by Apollo and Motive to scale its Vega AltOS platform by Kali Persall | Nov 12, 2024 Vega, an alternative investment technology startup company founded by a team of former executives from hedge funds, private equity firms and fintech scale-ups, has closed a $20 million series A funding round led by Apollo Global Management and Motive Partners.
Fed continues interest-rate cuts by Jennifer Molloy | Nov 12, 2024 The U.S. Federal Open Market Committee (FOMC) cut interest rates by an additional 25 basis points at its Nov. 7 meeting, providing it with flexibility as the labor market cools amid lower inflation, according to Barrons.
How a second Trump presidency may affect U.S. commercial real estate markets by Jennifer Molloy | Nov 12, 2024 With Donald Trump’s re-election to the U.S. presidency on Nov. 5, real estate professionals must assess how Trump’s proposed economic and housing policies might shape the U.S. market to seize emerging opportunities and mitigate potential risks, according to RCLCO.
Self-storage industry leading charge on real estate conversions by Mike Consol | Nov 12, 2024 Self-storage construction has surged in recent decades, but not all self-storage space comes from new construction.
Schroders promotes Tom Darnowski to CEO Americas by Kali Persall | Nov 12, 2024 Schroders, a global investment manager that provides active asset management, wealth management and investment solutions, has promoted Tom Darnowski to CEO Americas, starting Jan. 1.
Alliance Global Advisors debuts talent recruitment arm, Alliance Search Partners by Kali Persall | Nov 8, 2024 Alliance Global Advisors, a women-owned consulting firm specializing in strategic growth solutions for real asset investment managers, has launched Alliance Search Partners in response to strong industry demand.
Capital Square sells Bedford Parke Apartments DST in UPREIT transaction by Kali Persall | Nov 8, 2024 Capital Square, a U.S. sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities, has announced the sale of CS1031 Bedford Parke Apartments DST, a 232-unit multifamily community in Warner Robins, Ga., through an umbrella partnership real estate investment trust (UPREIT) transaction.