During this highly engaging talk, Andrew Skatoff, founder and CEO of Bancreek Capital Advisors, shares his experience on how he enhanced his fundamental value investing philosophy by leveraging data mining and adding a quantitative investment approach. Andrew also shares the importance of sifting through data to remove the noise while uncovering meaningful trends and how…

As economic landscapes change, so does the narrative around gold. Investors are buzzing with questions: Is it too late to buy? Is gold a hedge for wealth, or just a speculative tool? How can we position ourselves strategically as we look toward Trump's next term and beyond? Gold has a long reputation as a safe-haven…

Perigon Wealth Management is bringing in a new general counsel and chief compliance officer, as well as a new director of organic growth. Jonathan Robbins will join Perigon to handle advisor and CMO duties and will report to Perigon CEO Arthur Ambarik. Most recently, he was senior vice president and chief compliance officer for LPL…

Summit Financial, a Parsippany, N.J.-based registered investment adviser backed by Merchant Investment Management, said advisers from Southeast Financial Group, Radiance Private Wealth and Silvertree Retirement Planning joined Summit after making strategic investments in the firm. The deals are part of RIA's Summit Growth Partners initiative and bring the RIA to 16 strategic investments this year….

A former California-based investment adviser is facing SEC charges that he defrauded his clients by placing options trades in a block trading account, then picking favorable returns for himself while placing losing bets on individual accounts of its customers. The scheme allegedly cost his clients more than $3 million. The commission filed its lawsuit against…

Brendan Krebs has a new home at PNC Bank, just one week in leaving his role as head of recruiting counsel at Wells Fargo. Krebs will lead the Wealth Advisor team at PNC Investments, reporting to President and CEO Richard Guerrini and working out of PNC's Boston office. Related: Wells Fargo's chief advisor recruiter exits…

(Bloomberg) — The former chief investment officer at Western Asset Management Co . Ken Leech was sued by US regulators for engaging in an alleged “cherry-picking” scheme to disproportionately allocate better-performing trades to favored portfolios and worse-performing markets to others. The Securities and Exchange Commission sued Leech in federal court in Manhattan on Monday, alleging…

Envestnet is once again a private company and has been delisted from the New York Stock Exchange. Acquisition of Bain Capital of the company officially closed on Monday, with the private equity firm paying about $4.5 billion for Envestnet, according to a release. Related: GTCR closes with acquisition of AssetMark The tech giant works with…

Investment banking firm Robert A. Stanger & Co. has moved its alternative investment fundraising projection in the retail channel to full-year 2024 from 115 billion dollars to 120 billion dollars. The change was mainly driven by a strong inflow of funds into business development companies, mutual funds and private REITs. “Investors have already committed $36…

Art collections are more than just financial assets – they reflect identity, taste and heritage. As collectors age, estate planning becomes essential to preserve the economic value and sentimental importance of their collections. This process involves navigating the complex interplay of legal, financial and emotional considerations to ensure a smooth transfer to heirs or institutions….