Portfolio

The passively managed fund will be made available to qualified purchasers through family offices, RIAs and other institutions, a person familiar with the matter says.

Unnerving as this COVID-19 year has been, the massive shift to virtual business has propelled planners to work even more efficiently with clients.

New digital integrations with CAIS and iCapital make it easier for independent advisors to access private equity and hedge funds.

Previously, criteria focused on an investor’s wealth. Now, a broader group has access to investments that include private company offerings and certain private equity funds.

Lower transaction costs can often come with higher expense ratios at the nation’s largest IBD.

As millennial and Gen-Z women take more control of their own finances and those of their families, they’re becoming less tolerant of bias, research found.

A range of factors have been cited for the clean-tech rally, including maturing wind and solar industries after a collapse in oil prices earlier this year.

Depending on the economy and the election, they could be on the chopping block as soon as 2021.

The group includes an advisor who started his career at Merrill in 1977.

More than half of these funds have fees higher than 75 basis points.