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Arax buys $9 billion hybrid broker/dealer in Houston

Arax Investment Partners, a wealth management platform backed by private equity firm RedBird Capital Partners, has acquired US Capital Wealth Advisors, a hybrid broker/dealer and registered investment advisor with $9 billion in total assets across 5,500 clients and 62 advisors. The firm, headquartered in Houston, will operate as a separate brand on the Arax platform…

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Add an additional 20% savings on this complete CompTIA course package through April 16th

Disclosure: Our goal is to display products and services that we think you will find interesting and useful. If you purchase them, the Entrepreneur may receive a small portion of the sales revenue from our trading partners. Looking to start a career in IT or want to become better equipped to handle these types of…

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The Carson Group appoints Dani Fava as Chief Strategy Officer

The Carson Group has appointed Dani Fava as its new chief strategy officer and Heather Randolph Carter as its chief marketing officer. The news comes just days after the firm unveiled its CEO and founder Ron Carson was resigning to become chairman of the board. Burt White, managing partner and chief strategy officer, is the…

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Learn Python for Software Engineering for just $20

Disclosure: Our goal is to display products and services that we think you will find interesting and useful. If you purchase them, the Entrepreneur may receive a small portion of the sales revenue from our trading partners. Python is the most popular programming language in the world because of its extreme extensibility, general-purpose nature, and…

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Fiduciary rule nears final step as White House OMB completes review

The Labor Department's fiduciary rule is one step closer to completion, with the White House Office of Management and Budget wrapping up its review this week. OMB's regulatory review ended on April 10, according to federal records. White House met with supporters and opponents of the rule starting in late Marchincluding the CFP Board and…

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What Damian Lillard Taught Me About Personal Branding

Opinions expressed by Entrepreneur contributors are their own. For Christmas, we got my son two tickets to the Portland Trailblazers vs. Milwaukie Bucks game. We live about an hour from PDX, so technically, the Blazers are our home team. And we love them – always have. I grew up watching Clyde the Glide take on…

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Three months later, Bitcoin Spot ETFs are a home run

Heading into 2024, spot bitcoin ETFs were on the brink of official SEC approval, and while there appeared to be pent-up demand from investors, the magnitude of that interest was unclear. On the three-month anniversary of the launch of spot bitcoin ETFs in the US, the market's verdict is clear: these products have been extremely…

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Diversifying Wealth Management adds $645 million to Delaware firm

Diversify Advisor Network, a $7 billion Utah-based wealth management firm that includes two corporate RIAs and a broker/dealer with alternative expertise, has added its fourth firm. the acquisitive employee modelDiversify Wealth Management. Key Advisors Wealth Management, a 10-person team with two offices in Delaware overseeing $645 million in client assets, had been affiliated with Diversify…

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See how AI can automate your business for $59.99

Disclosure: Our goal is to display products and services that we think you will find interesting and useful. If you purchase them, the Entrepreneur may receive a small portion of the sales revenue from our trading partners. Whether you use them or not, AI tools are here to stay. More than 250 million companies already…

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Everyone talks about mentors. But what about sponsors? Here's how they differ—and why you need both

Opinions expressed by Entrepreneur contributors are their own. Mentoring may be a buzzword in the business world, but it's not always carried out effectively. More often, mentoring turns into glorified networking or rare meetings for a quick coffee. Recently, the idea of sponsorship — intentional advocacy for mentees — has been added to the conversation…

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