Top Portfolio Products: New Muni Bond Fund From Vanguard, Market Neutral Stock Fund From Hatteras
Also, Envestnet added a CLS Investments strategy to its network, and Guardian Retirement Solutions expanded its investment option lineup.
RCS Capital’s Equity Sales, Net Income Plummet in Q1’15
Earlier, the firm said April '15 sales of nontraded REITs and other investments were up from their November '14 lows.
RCAP Sees Big Jump in Investor Interest
The group, which distributes American Realty Capital products, says sales of nontraded direct investments grew about 45% in March to $433.5 million.
Some RCAP Sales Agreements Reinstated; Schwab, Fidelity Ease Ban
RCAP says that 70-plus selling agreements “have been reinstated to date.”
New Hire Roundup: Altegris Names Murphy Deputy CIO
Also in new hires, Lindsey and Lindsey adds Christina Lindsey Orta, and former Gov. David Paterson joins IFS Securities.
RCS, Schorsch Jump Into Crowdfunding
The real estate group plans to build the platform, We R Crowdfunding, with assets it's acquiring from Trupoly. Is this a savvy move for RCAP?
Taming Risk in Alts to Fit Into Client Portfolios
One veteran advisor explains how he mixes in venture capital and private equity, along with extra vigilance.
Schorsch-Led Group to Buy Strategic Capital
RCS Capital aims to expand the alternative products it offers advisors and their retail investor clients.
New Hire Roundup: NAPA Announces New President
Also in new hires, Jeffrey Boujoukos was named by SEC as assistant regional director in Philadelphia.
Schorsch Open to Buying More Nonpublic Companies
Bringing diverse operations together via RCAP can be a "confusing" story to tell and sell, real estate billionaire Nicholas Schorsch admits to ThinkAdvisor.