Based on three-year returns as of 3/22/2024. $5 million minimum in net assets, excludes leveraged and inverse ETFs. Aniket Ullal is VP, ETF Data and Analytics for CFRA, one of the world's largest providers of independent investment research. Aniket founded First Bridge Data, a leading source for global ETF data and analytics that was acquired…

Alternative non-traded funds have raised nearly $17 billion so far in 2024, according to the latest data from Robert A. Stanger. Some hedge fund managers are looking to launch ETFs amid a boom in actively managed funds, ETF Stream reports. These are among the investment must-reads we found this week for financial advisors. WealthManagement.com |…

I love a good puzzle. There is something satisfying about lining up the pieces and continually assembling the image bit by bit. Puzzles require patience, organization and strategy. The same can be said for technology integration. When done carefully, integrations connect systems and data to form a unified whole. But without care, it becomes a…

Each advisor is unique in how they attract their clients or what programs they use. They expect a lot of flexibility. Our goal is to provide a set of tools. We often talk to advisors about their needs. We conduct market assessments and look at what's out there, including innovations. We look at software that…

Sponsored by For years, firms have benefited from a booming capital market and an equally long period of near-zero interest rates. VNRs found themselves in a position where they could achieve growth with minimal effort. However, most executives in wealth management are not comfortable with this passive approach to growth. The secret to RIA growth…

Advisors trying to keep abreast of generative AI developments should note that Amazon this week added $2.75 billion to its investment in Anthropic. For those unfamiliar, Anthropic is a start-up that competes with other big names in generative AI development, including OpenAI and Google. Connected: Altruist launches cash platform Just six months ago Amazon invested…

As Women's History Month draws to a close, a new Goldman Sachs report found that more than a quarter of women (28%) are saving less than $50,000 for retirement. “Assuming a 4% withdrawal rate, $50,000 in retirement savings provides $2,000 in income per year,” the report's authors noted. “At these levels, Social Security benefits are…

Advisory Services Network, which rounded out $7 billion in assets in 2024, just added two more teams, while Avantax picked up a pair in Texas and SageView Advisory Group expanded its leadership team. In the news reported earlier, Kestra accumulated a $600m firm in NYC, a CPA firm in California GOING is a wealth management…

An Indiana-based investment adviser will spend four years in prison after pleading guilty to embezzling $4.6 million from a client, according to the Justice Department. Christopher Turean was convicted in federal court after pleading guilty to fraud and filing false tax refund claims. From 2012 to 2022, he worked at Valeo Financial Advisors, according to…

Empirical research has found that at moderate levels debt can improve growth, but at high levels (thresholds somewhere between 75% and 100%) it can become harmful (if the high ratio is not addressed and becomes persistent) – debt becomes drag on economic growth. (See the 2011 study “The real effects of debt“2013 study”Does high public…