Some of the largest equity index fund managers have expanded proxy voting to mutual fund and ETF shareholders, Pensions & Investments reports. Goldman Sachs disclosed $710 million in Bitcoin ETF holdings in its latest 13F filing. These are among the investment must-reads we found this week for wealth advisors. Source link

Imagine a world where women control $30 trillion in assets. This is not a distant fantasy – it is our immediate reality. Between now and 2030, women are likely to inherit this staggering amount in what experts call “The Great Wealth Transfer.”1 This seismic shift in asset control is transforming not just bank accounts, but…

Advyzon, a comprehensive technology provider for the wealth management industry, this week announced that it will launch Auria, a new platform intended for use by single-family offices, multi-family offices and other advisory firms and enterprises serving UHNW clients. sometime in the first quarter of 2025. While the new Auria platform is being designed specifically to…

Trustees often wear multiple hats: trustee and beneficiary, trustee and trust attorney, etc. We will focus on perhaps the most double-hatted trusteeship of all—the trustee who also serves as the chief executive officer of the company that the trust owns in whole or in part. Source link

(Bloomberg) — It's a dream for many, but a trend that supports earning and saving enough money to quit a soulless day job and retire early has inspired a pair of new ETFs. Scan any TikTok or Instagram feed lately and you'll be filled with tips on how to achieve your Financial Independence goals Retire…

Considerations for campaign contributions in an estate plan. Source link

Exchange-traded funds continue to emerge as a preferred vehicle for many investors, as they recorded net equity issuance of nearly $600 billion in 2023. In contrast, long-term mutual funds experienced over $600 billion in net outflows. However, despite their steady outflows in recent years, mutual funds have more than twice the amount of assets as…

IN Connelly v. United States,1 The US Supreme Court unanimously ruled that life insurance proceeds paid to a corporation when a shareholder dies add to the value of the deceased shareholder's stock for estate tax purposes. The decision undermines conventional purchase and sale arrangements funded by life insurance, in which insurance proceeds are paid to…

Estate planning offerings, once considered an optional value add, are rapidly becoming table stakes for wealth managers. According to a recent survey of 1,000 clients by the (admittedly self-interested) online estate planning platform Vanilla. Fully 80% of respondents said they expect estate planning to be integrated into their advisors' offerings, either directly or through collaboration….

Robinhood Markets has signed an agreement to acquire TradePMR, the Florida-based provider of technology and custodial services to registered investment advisors with over $40 billion in assets under management across 350 firms. The online brokerage firm will pay about $300 million for TradePMR through a mix of cash and stock, with the deal expected to…