Elon Musk’s $29B equity compensation package elicits advice from advisors
Wealth managers are using the Tesla CEO’s multi-billion dollar package to educate clients on windfalls and option-based pay strategies.
Waller emerges as favorite for Fed chair among Trump team
Sources say advisors to POTUS are impressed with the Federal Reserve governor’s record and willingness to set policy based on…
Barred investment advisor, former CNBC pundit sentenced to five years for fraud
Former LA-based advisor James Arthur McDonald Jr. is facing federal prison time for defrauding investors out millions of dollars in…
Advisor moves: $275M family practice leaves LPL for Osaic, LPL attracts Osaic team in Mississippi
Meanwhile, Ameriprise has lured a 28-year veteran advisor away from Merrill in Pennsylvania, and taken over a bank-based investment program…
Blackstone private debt fund marks down largest holding Medallia
Blackstone leader says the Thoma Bravo-backed software firm, which was given a private credit loan through one of the firm’s…
Trump to sign order opening 401(k)s to private equity
The executive order directed at the Department of Labor and the Securities and Exchange Commission also gives an opening to…
St. Louis RIA bets on faster trading with Longview Advantage ETF
“We’re not bloated, we’re not slow, and we can buy these stocks within days, rather than within quarters,” former Dimensional…
Stocks gain as hopes rise for Russia-Ukraine truce: Markets Wrap
Futures on the S&P 500 and Nasdaq 100 added 0.7%.
GOP pins midterm hopes on trump tax bill’s front-loaded refunds, delayed cuts
52% of Americans disapprove of the tax law, according to a WSJ poll.
Estate planning services poised to capitalize on $90 trillion wealth transfer
New report reveals 95% of affluent investors need to create or update estate plans.