of American Housing and Economic Mobility Act of 2024presented by Rep. Emanuel Cleaver (D-Mo.), aims to address critical housing affordability and related economic challenges across the United States. This comprehensive legislation includes a wide range of measures designed to ease the housing crisis, lower costs for renters, make it easier to buy homes and implement…

(Bloomberg Opinion) – Decisions made by the Treasury get far less attention than those of the Federal Reserve, but they may be even more important for interest rates – and for the entire US economy. One such case is the current debate over the maturity of bonds and bonds that the Treasury sells at auction….

Rise Growth Partners, The RIA investment company was launched earlier this year by former United Capital CEO Joe Duranhas made its first investment in taking a minority stake in Bleakley Financial Group, a hybrid registered investment adviser with about $10 billion in client assets. Duran said his firm invested more than $50 million. This follows…

Sponsored by In this episode of the RIA Edge Podcast, David Armstrong, editorial director for Informa Connect's Wealth Management Group, talks with Lisa Salvi, managing director of advisor services at Schwab, about the firm annual adviser benchmarking report reveals a strong comeback in 2023. While M&A remains dominant, organic growth is increasingly prioritized as a…

Will your clients face higher taxes next year? With continued fiscal budget deficits, an ever-increasing national debt, and the Tax Cuts and Jobs Act set to expire, the tax bill will come regardless of who becomes our next POTUS in November. During this interactive session, Nisha Patel, Head of SMA Fixed Income Portfolio Management and…

TradePMR, a custodian platform serving registered investment advisors, has poached four technology leaders from competing custodians as the company doubles down on third-party integrations and improves the user experience within its Fusion technology platform. The company has hired Marcel Tsai, a former senior director of consulting at Apex Fintech Solutions, as director of vendor integrations….

Sponsored by Great expectations. Those two words express the sentiments of many advisors who anticipate serving the grown children of their high-net-worth Boomer clients—and holding as AUM the wealth they helped their clients build—when the children inherit mom and dad's wealth. Unfortunately, counselors' hopes of serving HNW families for more than a single generation are…

An annual report from Morningstar found that fund investors earned a 6.3% annual dollar-weighted return over the past 10 years — an annual gap of about 1.1 percentage points compared to the total returns generated by those funds. In general, investors who abuse the market—adding funds immediately before returns decline or withdrawing assets and missing…

Private foundations contribute a staggering amount $105.21 billion in public charity annually, representing $1 out of every $5 donated. Section 4942 of the Internal Revenue Code requires non-operating private PFs to make “qualifying distributions” equal to 5% of their non-charitable assets each year, although studies show many exceed this requirement. But today's generosity may have…

CW Advisors, a Boston-based private equity-backed RIA with about $10 billion in assets, is adding Agili, a fee-only firm with about $1.2 billion in client assets under management. Agili opened in 1993 and works with high net worth individuals and families. As part of the deal, the firm will assume the CW Advisors brand and…