Miracle Mile Advisors, a Los Angeles-based RIA that oversees approximately $5.7 billion in client assets, has named a new chief investment officer with two decades of analyst experience to set the firm's research agenda and oversee the construction, implementation and portfolio management strategy. Most recently with Telemus Capital, where he served as CIO from late…

The Internal Revenue Service recently issued Notice 2024-35, waiving any excise tax for failure to take required minimum distributions for 2024 for certain legacy retirement accounts subject to the 10-year rule. in light of the delay in issuing final regulations under the Regulation of Every Community Pension Enhancement (SAFE) Act. Recall that the proposed regulations…

Steward Partners, a network of employee-owned and private equity-backed financial advisory practices overseeing approximately $32 billion in client assets, is adding five advisors and $488 million in client assets with two additions under a new acquisition model introduced through acquisition at the end of last year. In Virginia Beach, Va., Monaco Capital was founded in…

Almost every advisor reaches a point where they wonder how they can improve their business life. And it's likely something you can think about, too. For example, you may wonder how to grow faster. Either looking for ways to hire and develop next generation talent or build a team. Or get access to better technology….

Andrew Krei, co-CIO of Barrett Upton Capital Partners and co-CIO of Crescent Grove Advisors joins Ryan Nauman to discuss private equity investing. In this fantastic episode, Andrew shares a ton of insight into the world of private equity. Andrew explains the different layers of private equity such as secondaries and venture capital. He also explains…

A lot of CNBC-type news and market analysis focuses on the short-term performance of individual stocks. But that doesn't necessarily give financial advisors the best picture of how their clients' equity portfolios are performing over the long term, the typical time horizon for most wealthy clients. That's why Morningstar recently conducted a review of 15…

2024 is sure to have a dramatic election as well as an interesting summer Olympics. Speaking of interests, there are many interesting court cases to discuss. Here are some notable ones that highlight developments in the field of faith. Source link

Veris Wealth Partners was founded in 2007 when five financial services executives came together to create a registered investment advisor with the mission of using capital markets to drive change. The founders developed an investment culture and philosophy around “an equitable, fair and sustainable world through capital markets,” said Roraj Pradhananga, recently appointed co-CIO of…

Open, honest, and candid discussion about the DOL rule, Pontera's new retirement plan leadership, veteran employee revitalization, and more. Source link

In the book Dune, Leto advises a young Paul: “Knowing where the trap is—that's the first step to avoiding it.” Serving as a trustee is a great honor and a great responsibility. Often, trustees are family members or close friends of the individual creating the trust and they want to help those they care for….