Hold on to yourself. Once again, it's the season for the Free Application for Federal Student Aid. If you had clients who were faced with the 2024-2025 FAFSA, which is the federal financial aid application that millions of families fill out each year, you would know what a complete controversy it was. Related: 22 529…

(Bloomberg) — Want to go long Bitcoin holder MicroStrategy Inc. while cutting megabank JPMorgan Chase & Co.? What about the acquisition of streaming giant Netflix Inc. while dissing Comcast Corp.? Or confront Alphabet Inc. parent from Google v. New York Times Co.? A host of potential new ETFs are offering to do all that —…

(Bloomberg) — About 110 million years ago, a dinosaur went hunting. Following ferns along a riverbank, he pinched his nose against the wind and smelled a herbivore ahead. His head shot up. His eyes locked on the target. The dinosaur drew its sickle claws up, ready to deliver a killing blow. But something was wrong….

The Source Foundation, a provider of cloud-based philanthropy technology, has acquired Vennfi, another philanthropy provider that empowers Donor-advised fund sponsor Charityvest. While the deal has closed, terms of the transaction were not disclosed. Related: Charityvest seeks to socialize DAFs The source of the foundation, founded in 1999, has long provided software for private foundations and…

Sanctuary Wealth, the Indianapolis-based partnership of independent registered investment advisers, unveiled several new capabilities for its partner firms this week at its annual Oasis conference in Hollywood, Fla. This year's conference is the first to include Independence's true partner firms since Sanctuary closed on it platform purchase in May. The firm is expanding its business…

As asset managers continue to add products that can help investors manage their taxes, the volume of money pouring into such vehicles continues to grow. According to a new report from Morningstar, assets in tax-managed SMA accounts topped $500 billion by mid-2024, representing a 67% increase in just a year and a half.. During the…

A South Florida advisory team with over $470 million in assets under management will join UBS Private Wealth Management from JP Morgan, UBS announced today. John Hardin is joining the private wealth management market in Miami from the firm's Coral Gables office along with Senior Wealth Strategy Associate Katelyn O'Hara. Related: UBS creates new wealth…

As we approach 2025, high net worth individuals (HNWIs) are facing a rapidly evolving financial landscape shaped by changing tax laws, market volatility and an ever-increasing emphasis on wealth protection. The challenges ahead are complex, but they can be mitigated with foresight and careful planning. Here, we examine the top five issues that could impact…

Veteran industry leader Suzanne Siracuse talks with George Nichols, CEO of the American College of Financial Services, to discover strategies for success in financial advising. Nichols shares insights on important areas for financial advisors, such as specialization, the future of retirement planning, and the importance of representation. Nichols explores how understanding the different needs of…

Private equity capital continues to flow into the independent wealth management space; in fact, strategic buyers (primarily private equity-backed RIAs) and financial buyers (primarily private equity firms) accounted for about 85% and 15%, respectively, of total deals done in the third quarter, according to the most recent RIA of Echelon Partners. M&A deal report. A…