Asset managers have been aggressive in issuing AI-themed ETFs in 2024, Reuters reports. Morningstar implemented the previously announced rating methodology change, affecting 15% of rated funds. These are among the investment must-reads we found this week for wealth advisors. Source link
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When The new CEO of Starbucks Brian Niccol began his role in September, his much-talked-about journey, which will cover around 1,000 miles and take place by private jet. Starbucks is headquartered in Seattle, and Niccol lives in Newport Beach, California, where he is previous employerChipotle, has headquarters. Since the coffee giant requires corporate employees to…
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Asset managers Capital Group and KKR have submitted registration statements to the SEC for two public-private fixed income funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-sector+. Pending regulatory approval, the two funds are expected to launch in the US in the first half of 2025. Recordings are the first products of strategic…
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This Side Hustle Spotlight Q&A features Aaron Luo, co-founder with Carmen Chen Wu of Caraaa New York-based bag and accessories company founded in 2015 that has seen more than $50 million in total sales, and The famous Mercadoa Spanish artisan carbon business founded in 2022 that passed $1 million in sales in its first year….
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An overwhelming number of advisory firms have not adopted policies and procedures related to the use of AI among third parties and service providers, according to results from a study conducted by compliance firm ACA Group and the National Association of Compliance Professionals. Overall, the survey found that 92% of respondents do not have policies…
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Opinions expressed by Entrepreneur contributors are their own. We all know the old saying, “The customer is always right.” I don't think that means the customer knows everything or knows better than you when it comes to the best solution for their problem. Sometimes, the customer actually is error. Don't get too excited. Your customers…
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Kestra Financial, the independent broker/dealer subsidiary of Kestra Holdings, has recruited a team based in Boca Raton, Fla. which manages $1.4 billion in client assets. Wealth Empowerment Financial Strategies is joined by B. Riley Wealth Management. In September, Reuters reported that B. Riley was in talks to sell its wealth management unit to Stifel Financial,…
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How do you start a new brand when you're up against deep-pocketed competitors? That's what Jaylen Brown is thinking. NBA fans know him as this year's reigning Finals MVP, who just led the Boston Celtics to their 18th championship. But shoe hounds know him as a rebel — the star player who turned down $50…
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Sponsored by Regardless of whether the presidential candidates' campaign tax proposals come to fruition — and history shows the possibility of that happening — there is one tax issue the next president and our new Congress must address: the expiration at the end of next year of the tax cuts. and the Labor Act of…
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Things are starting to look up for investors in US commercial real estate, according to the newly released 2025 Emerging trends in real estate report issued by the consulting firm PwC and the Urban Land Institute. In this year's survey of commercial real estate professionals, lenders and investors, 65% of respondents indicated that expect their…
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