Nontraded BDCs near $100b, with 55.6 percent year-over-year rise by Andrea Zander | Feb 10, 2025 Nontraded business development companies saw a 55.6 percent year-over-year rise in aggregate net asset value and a 10 percent increase quarter-over-quarter, closing the year at $95.9 billion, according to DI WIRE, citing data from Robert A. Stanger & Co.
Receipts Depositary Corp. launches XRP Depositary Receipt by Released | Feb 10, 2025 Receipts Depositary Corp. (RDC) has launched the XRP Depositary Receipt (XRP DR).
Rich Steinmeier is abruptly appointed as CEO for LPL Financial Holdings by Elise Mackanych | Feb 10, 2025 Rich Steinmeier, the new chief executive officer (CEO) of LPL Financial Holdings Inc., is taking on his new role with minimal notice of the transition, says Bloomberg News.
Vanguard makes largest fee cut yet, increasing pressure on competitors by Elise Mackanych | Feb 10, 2025 Vanguard Group, an investment management company, has released a fee reduction to 0.07 percent, in comparison to the industry average of 0.44 percent.
Advisers want accessible and straightforward alternative products by Elise Mackanych | Feb 10, 2025 Advisers are seeking clear and straightforward alternatives products, says Financial Advisor, citing a BNY white paper.
As proposed tariffs may lead to high inflation and uncertainty, investors should prioritize alternatives by Elise Mackanych | Feb 10, 2025 Tariffs, deregulation and immigration reforms from the Trump administration are key factors in increased inflation, nominal GDP and interest rates paired with price volatility, according to KKR’s Global Wealth Investment Playbook.
U.S. economy added 143,000 jobs to start 2025 by Andrea Zander | Feb 7, 2025 Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4 percent, the U.S. Bureau of Labor Statistics reported today.
REITs post narrow gains in January, led by industrial, timberland, healthcare sectors by Released | Feb 7, 2025 REITs posted positive returns to begin 2025 as the FTSE Nareit All Equity REITs Index rose 1.0 percent in January, according to Nareit.
Nearly one-quarter of financial advisers report majority of clients now own digital assets, DACFP Survey shows by Released | Feb 7, 2025 Some 24 percent of financial advisers report that more than half their clients now own digital assets.
Corient acquires Rootstock advisors to serve the Pittsburgh region by Released | Feb 7, 2025 Corient, one of the nation’s largest and fastest-growing national wealth advisors, today announced it has acquired Rootstock Advisors, a Pennsylvania-based registered investment advisory firm with approximately $600 million in assets under management, as of Jan. 31, 2025.
