News

Digital Realty Weighs $300 Million Singapore Trust IPO

The U.S.-based firm is working with advisers on the listing, which could come as soon as the end of the year.

Pershing Entices Developers, Vendors With New API Hub

The custody and clearing firm is launching NetXServices, designed for easier connectivity to Pershing data and technical support. It signals a new phase in custodian tech, says an analyst.

Inside the Deal M&A Podcast Part 4: Integration

Harris Baltch and Jack Petersen, co-founder and managing partner of Summit Trail Advisors, delve into integration best practices, common pitfalls that buyers should be aware of to be successful on their next deal and more.

Mindy Diamond on Independence: How a Former Smith Barney Superstar Found Her Competitive Advantage

Lori Van Dusen has lived through and embraced the evolution of the industry over her three decades as an advisor.

Michael Kitces' #FASuccess Podcast: Dan Moisand and the Power of Client Relationships

Moisand Fitzgerald Tamayo's Dan Moisand talks about why it’s the relationships that advisors forge with their clients that ultimately matter the most.

Recapping the ETFs that Launched in May

More than 30 new ETFs made their market debuts last month.

InvestmentNews wins prestigious Neal Award for business journalism

Bruce Kelly’s ‘On Advice’ column nabs the prize in the Best Commentary/Blog category.

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Invesco plans crypto-linked ETFs as way to get around SEC

It is proposing two exchange-traded funds that will have 85% of their assets in cryptocurrency-linked equities, and the remainder in trusts and funds that hold cryptocurrencies.

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Exclusive: Cetera Retains Over 90% of Voya’s Advisors in Acquisition

Cetera completes its acquisition of Voya’s financial planning channel, which will join the firm’s regional director model and be rebranded Cetera Wealth Partners.

From Cashier to Mortgage Billionaire: The Rise of Anthony Hsieh

The LoanDepot CEO is a rarity among the ultra-rich: an Asian-American multibillionaire.

12 Must Reads for the CRE Industry Today (June 10, 2021)

The Wall Street Journal analyzes why build-to-rent SFR communities have become popular among renters. Commercial Observer looks at how student housing is performing well with COVID-19 restrictions being relaxed across the country. These are among today’s must reads from around the commercial real estate industry.

SEC chairman proposes review of stock trading rules

Wall Street’s top regulator is calling for a broad-based review of the rules that underpin trading in the U.S. equities.

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Former Cetera Advisor Gets Five Years in Prison for Defrauding Clients

David Aaron Rockwell pleaded guilty to charges of wire and bank fraud in January and will pay more than $1 million.

SEC Chairman Proposes Review of Rules Underpinning Stock Trading

Gary Gensler said on Wednesday that he asked the agency’s staff to examine issues related to stock trading including so-called best execution requirements.

Interactive Brokers to Offer Crypto Trading in Coming Months

Interactive Brokers joins a growing list of payments providers and online broker-dealers that allow their customers to buy and sell cryptocurrencies, including Robinhood Markets Inc., Venmo LLC, PayPal Holdings Inc. and Square Inc.

Pritzker Organization Buys $100M Stake in Steward Partners

The investment firm started by the wealthy heirs to the Hyatt Hotel fortune had been looking to make an investment in wealth management for several years.

Pritzker Organization Buys $100 Million Stake in Steward Partners

The investment firm started by the wealthy heirs to the Hyatt Hotel fortune had been looking to make an investment in wealth management for several years.

How charitable donations can replace the stretch IRA

The stretch strategy, which allowed beneficiaries to spend down inherited traditional IRA assets over the rest of their lives, all but disappeared with the passage in 2019 of the SECURE Act.

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FSI vows to monitor Reg BI ‘regulation by enforcement’

The Financial Services Institute is worried about how the agency might expand Reg BI's reach. The problem is tied to setting new disclosure standards through enforcement initiative, rather than doing so through rulemaking.

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Mandatory ESG disclosures are a political inevitability

The SEC's flurry of activity has drawn concern not only from Capitol Hill Republicans but also the agency’s Republican commissioners, Elad Roisman and Hester Peirce.

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