Geneos Wealth Management, a hybrid broker/dealer and registered investment advisor with $10 billion in assets, has added Eaglebrook, which offers crypto-focused separately managed accounts, to its platform. The move will allow Geneos' 250 advisors access to Eaglebrook's Bitcoin and Ethereum SMAs, as well as the ability to build custom RIA-managed SMAs. The news comes just…

(Bloomberg) — President Joe Biden's budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax war that will consume Washington next year. Congress will be forced into tough negotiations over the future of the tax code, with a large portion of former…

LPL Financial has recruited another adviser from Lincoln Financial Advisors ahead of the sale of the firm to Osaic. Brian Pflaum, a Birmingham, Ala.-based advisor with $345 million in assets, has joined LPL's agent/dealer, RIA and custodial platforms and renamed his practice TPG Private Wealth. Lincoln National Corp. announced plans in December to sell its…

(Bloomberg) — Grayscale Investments LLC aims to launch a clone of the world's largest Bitcoin fund as billions flow from the product. The asset manager presented plans for the Grayscale Bitcoin Mini Trust, which would be physically backed by the cryptocurrency and trade under the ticker 'BTC', a filing showed on Tuesday. Connected: Traders withdraw…

Sponsored by In this episode of Fastchat, Shannon Rossic hosts Dr. Bruce Kahn, lead portfolio manager of the Shelton Sustainable Capital Fund. The conversation delves into sustainable investing and ESG integration in 2024. Dr. Kahn provides valuable insight into the critical role of sustainable investing, emphasizing the need for a holistic approach to investment analysis…

Savvy Advisors, a New York-based RIA that leverages a proprietary technology platform built by fintech parent firm Savvy Wealth, has added Fidelity as a custodian along with Charles Schwab as the new firm continues to recruit advisors across the country to worked remotely. Ritik Malhotra, co-founder and CEO of Savvy Wealth and Savvy Advisors, said…

Nepsis, a twin city based RIA founded by Chief Investment Officer Mark Pearson, has created an in-house corporate retirement plan division as it builds a suite of family office capabilities that include asset management, financial planning, tax planning and preparation, estate planning, insurance, business management and 401(k) services . Trenton Hazen left Northwestern Mutual, where…

Years ago, retirement plan experts built their businesses targeting plans using blind puppies and squirrels, highlighting the risks while emphasizing the benefits of using a specialist. The same philosophy is driving changes for CPA plan auditors along with revised requirements and PEPs, which limit audit costs for their members. And although fewer DC plans use…

From defining a mission to fostering transparency and celebrating success, Sheila Cuffari-Agasi shows how to create a workplace where teamwork thrives and customers delight. Source link

Not since the 1892 US presidential election have two presidents faced off in a general election. At the time, one candidate was in office, while the other was seeking a rematch after being voted out in the previous election. Sound familiar? We know that anything can happen in a typical presidential election year, and there…