BlackRock's head of ETFs told CNBC that 13F filings have revealed that 80% of investors in bitcoin spot ETFs are direct investors and 75% have never owned his ETFs before. JP Morgan Asset Management has split its alternative investment business into two segments, FundFire reports. These are among the investment must-reads we found this week…

According to a new report from Morningstar, investors continue to show interest in thematic funds, a type of fund that invests in multiple sectors and assets based on a key theme such as AI, clean energy or cannabis. Over the past five years, the volume of assets in thematic funds globally increased by approximately 108%…

The Internal Revenue Service has published Revenue Procedure 2024-40, which specifies tannual inflation adjustments for tax year 2025. Here are some of the highlights: • Gift, estate and inheritance transfer tax exemption amounts: $13.99 million (up from $13.61 million). • Annual gift tax exemption (IRC Section 2503): $19,000 (up from $18,000). •…

Carl Sprinkhorn The pink tree sold for $11,875 at Swann Auction Galleries' American Art sale on September 19, 2024, in New York City. Sprinchorn moved to the United States from Sweden as a teenager to pursue his artistic career. He studied at the New York School of Art under Robert Henry, the renowned portrait and…

Private businesses are vital to the economy, with more than 25 million operating in the United States. However, an alarming survey finds that more than a third (37%) of these business owners are looking to sell in the next two years – with more than half (55%) citing retirement as a reason for leaving. Based…

As interest in alternative investments grows, financial advisors have the opportunity to expand their services. Success depends on integrating alternatives in key areas such as portfolio management and client reporting. In our next webinar, you'll learn how the right technology can help. By integrating alternative investment data into your existing wealth stack, you can provide…

Sponsored by In this episode of the RIA Edge Podcast, David Armstrong, editorial director in Informa Connect's Wealth Management Group, sits down with Dick Pfister, founder of AlphaCore Wealth Services, to explore his firm's investment approach that puts alternatives in core of service delivery. Dick discusses his early days bringing alternatives to advisors with his…

Sponsored by As attorneys guide their clients through complex estate planning, tax, and charitable giving issues, they have a powerful but often overlooked tool at their disposal—community foundations. At these philanthropic organizations, staff are experts in local issues and the nonprofits that work to address them. And community foundations can partner with estate attorneys to…

Estate planning today often encompasses a variety of purposes, ranging from tax planning to asset management and asset control strategies. Many very high net worth families seek asset protection or divorce planning, multigenerational planning, privacy, control and flexibility of assets, and savings on income and estate taxes. Flexibility and control are increasingly key goals of…

$24 billion advisory firm Lido Advisors is merging with Pegasus Partners, a Wisconsin-based registered investment adviser with more than $3 billion in assets under management. The deal will strengthen Lido's commitment to ultra-high net worth families in the Midwest region “and beyond,” according to Lido Advisors president Ken Stern. Related: RIA Edge Podcast: Ken Stern…