September is a fun sports month. On weekends, I’m watching the baseball playoff races and the first weeks of pro football. I am also already counting down the days until my Knicks defend their NBA Championship title. During the week, I’m an ETF analyst, which has historically been a separate world. However, with its latest […]
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Growth is a priority for nearly every advisory firm. But as client expectations expand and the business of wealth management becomes more complex, growth increasingly depends on an advisor’s ability to create capacity. Jason Diamond speaks with Michael Kim, CEO and President of AssetMark, about why the strongest firms are intentional about where advisors spend…
Erebor Bank, a Columbus, Ohio-based digital bank that targets high-net-worth individuals and startups, may soon receive a $1.5 billion investment, according to reports. The anticipated round would place the bank’s pre-money valuation is expected to be $8 billion. The funding is reportedly about 2X the previous funding round. Erebor is being launched by Peter Thiel,…
cBridge has introduced Markout Report, a new risk intelligence module that helps brokers detect potentially toxic flow, assess its financial impact and respond before repeated losses accumulate. The challenge many brokers face is catching toxic flow early enough – picking out the harmful trading patterns and turning them into consistent routing decisions. Markout Report addresses…
“Today” show alum Hoda Kotb has opened the doors to her Long Island, NY, retreat once again—this time to pull off an adorable birthday surprise for her former driver, Eddie. The 62-year-old, who owns a beachside vacation property on Long Island, took to Instagram to share a touching video of the celebration for Eddie, who…
Preliminary data shows that Russia used a North Korean missile in a deadly attack on Ukraine, marking the return of Pyongyang’s ballistic weapons after a hiatus in the war, Ukrainian President Volodymyr Zelenskyy said on Thursday. The strike hit a family home in Radushne, a village in southeastern Ukraine, and killed at least six people…
Apple, Amazon, Nvidia and peers are quietly coming back to life, and that could easily jolt this sleepy stock market back into gear.