99 Cents Only Store faces closure as another expands: Is the discount store category winding down or booming? by Andrea Zander | Apr 8, 2024 Number Holdings, the direct parent company of 99 Cents Only Stores, one of the nation’s major dollar store chains, has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to implement the previously announced orderly wind-down of its business and pursue a value-maximizing sale of its real estate and other assets.
Wealth Enhancement Group announces three key leadership appointments by Released | Apr 8, 2024 Wealth Enhancement Group, a national independent wealth management firm, has announced three key leadership appointments, continued growth in strategic markets nationwide and the surpassing of $81 billion in client assets. Wealth Enhancement ranked fifth on Barron's list of Top 100 RIAs and has increased its ranking on the list for four consecutive years while maintaining a 97 percent client retention rate.
Goldfader and McIntyre join Sanctuary Wealth by Lewis Dayton | Apr 8, 2024 Former Wells Fargo and UBS executive Michael Goldfader is joining Sanctuary Wealth as its new West Coast regional managing director. Michelle McIntyre, who has spent more than two decades in financial services, most recently at BNY Mellon Pershing, is also joining Sanctuary as national business development officer.
Coinbase officially registered as a restricted dealer in Canada by Lewis Dayton | Apr 8, 2024 Coinbase has announced that it has obtained registration as a restricted dealer in Canada, making it the first international cryptocurrency exchange registered in the country.
U.S. economy adds 303,000 jobs in March by Lewis Dayton | Apr 8, 2024 The total nonfarm payroll employment in the United States increased by 303,000 in March, surpassing many estimates, while the unemployment rate dropped slightly from 3.9 percent in February to 3.8 percent in March.
CI Global Asset Management’s shift towards private markets by Lewis Dayton | Apr 8, 2024 In the past couple of years, CI Global Asset Management (GAM) has made its way from a boutique model to an integrated investment platform with a diversified portfolio, Manli Ali writes in a recent article for Wealth Professional, produced in partnership with CI GAM.
Fidelity launches Wealthscape by Andrea Zander | Apr 5, 2024 Fidelity has launched Wealthscape. Advisers can review research on various private credit, private real assets, and private equity funds to evaluate and compare a wide range of alternative investment strategies.
Hines Global Income Trust grows Dutch logistics portfolio by Lewis Dayton | Apr 5, 2024 Hines has acquired a 20,000-square-meter (215,278-square-foot) retail warehouse, located next to its existing investment, Fresh Park Venlo located in Venlo, Netherlands, on behalf of the Hines Global Income Trust (HGIT).
Clarion Capital Partners closes fourth fund at $677m by Lewis Dayton | Apr 5, 2024 Clarion Capital Partners has closed its fourth fund, Clarion Investors IV, after raising $677 million of capital commitments, exceeding its original target of $600 million.
U.S. REITs rose in March but remain in negative territory by Loretta Clodfelter | Apr 5, 2024 U.S. REITs rose in March but remain in negative territory at the close of first quarter 2024.