Adventure racing—an off-road, navigation-based sport that blends endurance, strategy and teamwork—became a life-changing journey for Ryan VanGorder. What started as a casual comment while watching The Echo Challenge with friends turned into a relentless pursuit of his physical and mental limits. Since 1999, Ryan and his team have fought grueling races that range from hours…

(Bloomberg) — Warren Buffett created Berkshire Hathaway Inc. Class B shares. almost 30 years ago to thwart money managers who sought to split the conglomerate's shares at high prices. One of South Korea's biggest retail brokers now plans to package Class B shares into an exchange-traded fund turbocharged with derivatives, another move Buffett may not…

Open, frank and honest discussion about the job market, the IRA rollover process, Empower results, Hightower's NEPC deal and more. Source link

Sponsored by Perry Rotella, managing director of financial services at Box, explains how firms can unlock the value of their unstructured data by centralizing it, use AI to extract insights and automate processes, and strengthen security and compliance . This will enable them to improve efficiency, improve customer experiences and mitigate risks. Source link

It's been a busy year for active ETFs in general, but the volatile interest rate environment has been a particular boon for active fixed income ETFs. Cheaper credit terms could change the scenario and make private equity returns more competitive with private credit. These are among the investment must-reads we found this week for wealth…

A Los Angeles-based planner is joining Prime Capital Financial as a partner and wealth advisor to help build the firm's footprint in Southern California. Andrew Selu is joining Prime Capital from Edelman Financial Engines, where he was director of financial planning for more than two years. It is one of several recent examples of the…

Modera Wealth Management, a fee-only registered investment advisor headquartered in Westwood, NJ, has hired Kirsten Ly as director of marketing. Ly joins from Hightower, where she served as executive director of marketing for Growth Advisors. Ly replaces Tracy Clark, who joined Modera in 2023 through her the acquisition of Parsec Financial. Clark currently serves in…

A Syracuse-based firm with $550 million in AUM will join Commonwealth's network of independent advisors, the broker/dealer announced today. Advisors William Kriesel, Kevin Visconti and George Nardone lead Diversified Capital Management. They were with Cadaret Grant (which was acquired by Atria Wealth Solutions) before LPL Financial acquired Atria at the beginning of this year. Related:…

Citi Wealth announced this week that it has hired Eric Lordi, a former JP Morgan executive, to lead its digital division. Lord will join Citi Wealth as head of Wealth Platform and Experience on January 29, 2025. Related: Citi targets $1 million more producers with new recruitment offering He will be responsible for the ongoing…

During this very enlightening conversation, Stuart Sclater-Booth, Deputy CIO and Portfolio Manager at Stone Harbor Investment Partners, shares some great insights about what President-elect Trump has to say about emerging market debt. Stuart provided great insight into the impact Trump's proposed tariffs will have on emerging market investments, the health of China's economy, which regions…