(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…

(Bloomberg) — Fidelity Investments cut about 700 jobs this week, its first headcount reduction in seven years. The move affects less than 1% of the workforce, a Boston-based Fidelity spokesman said Friday in an emailed statement. The firm had about 74,000 employees at the end of last year. Connected: Fidelity launches alternative investment research for…

(Bloomberg) — Savers who benefited from the high interest rates offered by savings accounts and high-yield certificates of deposit last year are waking up to a bigger tax bill from Uncle Sam. With US taxes due on April 15, many taxpayers are facing a higher tax liability on the interest they've earned through these accounts,…

(Bloomberg). After a “crypto winter” that saw a number of scandals, bankruptciesand a price drop of nearly 77%, Bitcoin finally reached a new peak on March 5, reaching $69,191.95. She briefly jumped to the north of $70,000 for the first time on Friday and the rise has boosted other cryptocurrencies, with Ether and even Dogecoin…