Sequoia Buys $3.8B Carlson Capital in Minnesota
By John ManganaroThe acquisition of Carlson Capital Management is Sequoia’s largest by number of employees and wealth advisors.
January 29, 2025
Nearly 60% of Advisors Plan Significant Allocation to Private MarketsA survey noted a marked rise in advisors increasing exposure to at least 10% in private market investments.
January 29, 2025
Vanguard Calls Corporate Bonds ‘a Real Deal’ for InvestorsCorporate bonds are likely to outstrip Treasurys for a seventh straight year, according to the asset manager.
January 29, 2025
Trump Media Partners With Schwab to Launch ETFs, SMAs and CryptoThe new brand will invest based on “America-First principles” with Schwab advising it on products and strategy.
January 29, 2025
Commonwealth in Talks to Sell Minority Stake: ReportThe firm, led by Wayne Bloom, will likely attract strong private equity interest, said one industry watcher.
January 29, 2025
2024 Deaths Top 2019 Levels, CDC EstimatesThe preliminary total for the fourth quarter is 9.7% higher than the pre-pandemic norm.
January 28, 2025
Sycamore Rolls Out New Surveillance PlatformAdvisory firms can use the technology to detect, monitor and review activities like transaction and commission data.
January 28, 2025
Two-Fifths of Americans in Relationships Have Kept Financial Secrets: SurveyYounger people are more likely to commit financial infidelity than older ones, Bankrate research finds.