Hello and welcome to this week's edition of 401k Real Talk & Happy 4th of July. This is WealthManagement.com's Fred Barstein Omnichannel RPA Contributing Editor & CEO at TRAU, TPSU & 401kTV – I Review everything from the past week's stories and pick out the most relevant and interesting ones offering an open honest and…

The rise of startup culture has seen many entrepreneurs achieve high net worth at a young age. The founders of these high-growth companies are often young, single, or recently started a family, with a significant portion of their wealth concentrated in the equity interests of their companies. While traditional estate planning is important, it will…

Hedge fund launch volume rose 70% quarter-over-quarter in the first three months of 2024, to 146. According to a June report from Chicago-based research firm HFR, this figure was the highest since the first quarter of 2022. At the same time, the number of hedge fund liquidations remained roughly on par with the fourth quarter…

I've stayed in touch with Alex Bottom, founder and CEO of student loan repayment planning technology provider Finology Software, since met him at the WealthStack conference, part of Wealth Management EDGE, a year ago. He and his team of 16 have continued to develop the platform, which provides advisors with a variety of tools to…

(Bloomberg Opinion) — My financial education didn't get off to the best start. I guess I was lucky to have a basic investing and finance class in high school. But I cringe when I remember that we read One up on Wall Street, which encouraged us to go to a local mall, look for stores…

LPL Financial has added a father-daughter advisor team in Flowood, Miss., managing about $200 million in client assets. Dan and Olivia Countiss, who have launched their new practice, Countiss Wealth Management, are joined by Edward Jones. The team, which serves nearly 500 families and business owners, also includes Investment Analyst Chandler Duke and Client Associate…

(Bloomberg) — Asset managers are optimistic that the SEC will greenlight the first U.S. ETFs that invest directly in Ether in mid-July, saying the back-and-forth with the regulator remains constructive. Despite earlier market speculation that approval would arrive during the July 4 holiday week, the Securities and Exchange Commission has told Ether exchange-traded fund applicants…

(Bloomberg) — BlackRock Inc. Chief Executive Larry Fink said the acquisition of data provider Preqin will allow the firm, best known for its index funds, to apply the format to fast-growing assets . “We believe we can index the private markets,” Fink said on a call with investors and analysts on Monday after the New…

The late Grammy Award-winning singer Tony Bennett's two daughters, Antonia and Johanna Bennett, are suing their brother over their father's estate. In his capacity as trustee of Tony's estate, Danny Bennett is accused of withholding information about Tony's assets and failing to account for sales of his music catalog and image rights income. The two…

During this highly engaging and informative episode, C2P Chief Marketing Officer Matt Seitz shares a ton of insight about creating an effective marketing strategy. Matt shares the importance of knowing your target audience and building a digital presence. He also provides some great examples of marketing strategies that have worked for his teams. Learn more…