Hello and welcome to this week's edition of 401k Real Talk. This is Fred Barstein Omnichannel RPA Contributing Editor of WealthManagement.com and CEO at TRAU, TPSU & 401kTV—I Review everything from the past week's stories and pick out the most relevant and interesting ones offering an open honest and frank discussion that you wouldn't get…

The ETFs included feature funds that were launched in the calendar month of February 2024. 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 by CFRA in…

In this highly informative and engaging conversation, David Grumhaus, president and chief investment officer of Duff & Phelps Investment Management Co., opens up about the risks and opportunities with real assets. In this candid chat, David discusses what the headwinds were for the asset class in 2023, where the opportunities lie in 2024 and why…

One of the most frequent questions I get is what to do when an investor has received a large amount of money (perhaps from an inheritance or the sale of a business). Should they invest it all at once or dollar cost average (DCA)? Fortunately, empirical research findings provide the optimal answer from a purely…

Mercer Global Advisors is acquiring MDK Private Wealth Management, a Seattle-based firm that manages $2.5 billion in assets. MDK was founded in 2020 and works primarily with extremely high net worth clients, with services ranging from financial planning, trust, estate and tax planning, and even private aviation and shipping advisory services. Connected: Mercer Global Advisors…

Mark Casady, founder of venture capital firm Vestigo Ventures and former chairman and CEO of LPL Financial, has joined the board of directors at Foundation Source, a provider of cloud-based technology for private foundations. Vestigo invested in the Source Foundation in connection with the philanthropic technology company purchase of PG Calc in February, which expanded…

IN National Small Business United, d/b/a National Small Business Association, et al. c. Janet Yellen, et al.Case No. 5:22-cv-01448-LCB (ND Ala.), appThe Federal Court recently ruled that the Corporate Transparency Act (CTA) is unconstitutional. In a lengthy opinion issued March 1, the U.S. District Court for the Northern District of Alabama explained that the CTA…

A New Jersey father-son advisor team has left Hornor, Townsend & Kent, an independent broker/dealer owned by Penn Mutual, to launch their own registered investment advisor. Lance and Gideon Drucker, who manage $750 million in client assets in Woodcliff Lake, NJ, have created Drucker Wealth. The firm has selected Fidelity and Altruist for custody, as…

Evergreen's funds now account for $350 billion in global assets, representing a small but growing portion of the overall private investment landscape. according to the latest estimates from Preqinia research firm specializing in private investments. Domestically, evergreen vehicles include mutual funds, business development companies (BDCs), tender offer funds and non-traded REITs. Internationally, they are joined…

MAI Capital Management buys $562 million LWS Wealth Advisors Cleveland-based MAI Capital Management, which claims almost $21 billion in assets under management, has picked up a New Jersey-based firm that manages $562 million for clients. Connected: RIA summary: MAI acquires more assets in January than in all of 2023 A four-person team in Basking Ridge,…