CEO of BlackRock pledges expanding access to private markets by Elise Mackanych | Apr 1, 2025 Larry Fink, CEO of BlackRock, has pledged to expand access to private markets to individual investors, not only high-net-worth investors, according to his annual chairman’s letter.
Wellington Management appoints Christina Kopec Rooney as head of U.S. wealth by Released | Apr 1, 2025 Wellington Management, an independent investment management firm, has hired Christina Kopec Rooney as the head of U.S. wealth, based in New York City.
Caliber launches a 1031 exchange program by Released | Apr 1, 2025 Caliber, a real estate investor, developer and manager, has announced the launch of the Caliber 1031 Exchange, a full-service program that offers accredited investors access to highly curated real estate investment opportunities, enabling them to defer taxes while diversifying their portfolios.
Rockefeller hires Merrill, UBS teams with $1.2b combined by Andrea Zander | Mar 31, 2025 Rockefeller Global Family Office has hired two teams that managed $1.2 billion combined in client assets at Merrill Lynch and UBS Wealth Management USA, according to Advisor Hub, citing a source familiar with the moves.
LPL Financial to acquire Commonwealth Financial Network by Andrea Zander | Mar 31, 2025 LPL Financial Holdings has entered into a definitive purchase agreement to acquire Commonwealth Financial Network.
Wealth Enhancement acquires XO Wealth Management by Released | Mar 31, 2025 Wealth Enhancement, a national independent wealth management firm, has announced the acquisition of XO Wealth Management, an independent RIA in Dallas
Canadian alternative funds see updated risk rating guidelines from AIMA and CAIA by Elise Mackanych | Mar 31, 2025 The Alternative Investment Management Association (AIMA) and Chartered Investment Analyst Association (CAIA) have released an updated risk rating system for alternative funds in Canada, according to a report by AIMA.
LPL Financial discusses acquiring Commonwealth Financial by Elise Mackanych | Mar 31, 2025 LPL Financial has held preliminary discussions to acquire Commonwealth Financial Network.
CI Global Asset Management announces improvements to its private markets funds by Released | Mar 31, 2025 CI Global Asset Management (CI GAM) today announced enhancements to its private markets funds designed to make these innovative investment solutions accessible to a broader range of accredited investors.
The private equity industry pushes for tax deduction campaign by Elise Mackanych | Mar 28, 2025 The private equity industry is working to change the way taxes are tallied for indebted businesses in the hopes of increasing tax deductions, according to Financial Advisor.
ExchangeRight announces new national sales director, Will Powers by Released | Mar 28, 2025 ExchangeRight, a provider of diversified real estate DST (Delaware Statutory Trust) and REIT (real estate investment trust) investments, is pleased to announce the addition of Will Powers as national sales director.
Vanguard Group discusses the possibility of private assets with Blackstone and Carlyle Group by Elise Mackanych | Mar 28, 2025 Vanguard Group has held discussions with Blackstone and Carlyle Group to consider possible collaborations that would market private assets to individual investors, according to Bloomberg.
XYPN sees record adviser recruitment in 2024 by Elise Mackanych | Mar 28, 2025 XY Planning Network (XYPN) has reached a record adviser number of 2,000, after 456 new additions in 2024.
J.P. Morgan acquires two residential assets of more than $30m each by Released | Mar 28, 2025 J.P. Morgan Real Estate Income Trust (JPMREIT) announced the acquisition of two resi-dential assets: The Preserve at Pine Valley in Wilmington, N.C., and Bass Lofts in Atlanta.
LPL Financial Holdings reports $1.74t in client assets for 2024 fiscal year by Elise Mackanych | Mar 27, 2025 LPL Financial Holdings has reported $1.74 trillion in total advisory and brokerage assets for the 2024 fiscal year, increasing by 29 percent since 2023.
