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Mariner Wealth Advisors is hoping to raise $150 million in additional debt to finance near-term acquisitions, according to reports by S&P Global Ratings and Moody’s Ratings. The debt would be a fungible incremental add-on to Mariner’s $1.16 billion first-lien term loan B, bringing its term loan B size to $1.3 billion. Both ratings agencies said…
Air has upgraded its WriteRoute proposition, introducing new compliance, audit trail and workflow tools. The enhanced proposition aims to reduce administration, improve oversight and deliver a smoother advice journey for customers. Developed in response to adviser and firm feedback, the latest version of WriteRoute includes a refreshed user experience, expanded offline capabilities, enhanced suitability…
Image source: The Motley Fool. DATE Thursday, Oct. 22, 2026 CALL PARTICIPANTS Investor Relations Officer – Paul J. Cardillo President and Chief Executive Officer – Jorge Jose Garca Executive Vice President and Chief Financial Officer – Lidio V. Soriano TAKEAWAYS Net Income — $266 million, representing a 26% increase compared to the prior year. Diluted…
The Villages, the largest master-planned community in the United States, is taking strides to become even bigger following a recent investment meeting. Already sitting on 57,000 acres with over 170,000 residents, the Florida development aimed at retirees plans to issue almost $180 million in high-yield debt to finance the construction of thousands of new homes on an 800-acre…
ACORE CAPITAL, a commercial real estate investment manager with more than $17 billion in AUM, has launched ACORE CAPITAL Wealth Solutions, a platform for financial advisors and their clients. ACWS will offer real estate credit and equity investment opportunities to high-net-worth investors. To lead it, ACORE has appointed Mick Manning as president of ACWS, overseeing…
Beth Kobliner, author of “Get a Financial Life,” explains why today’s young people face a tougher financial world and reveals the three money moves she would make first.
Goldman Sachs, a leading global financial institution and multinational investment bank, warns that housing market conditions are unlikely to change much just because the calendar turns from 2026 to 2027. It said that high mortgage rates will keep homeownership out of reach for many Americans and, in turn, will weigh on the nation’s economy. “In…
PulteGroup Inc. and NVR Inc., two of the biggest homebuilders in the US, reported quarterly earnings that missed estimates as high rates and global turmoil crimped sales. Processing Content As elevated mortgage rates crushed the hopes of many would-be buyers, the two builders saw orders fall and their earnings per share miss analyst estimates. “There’s…
Mortgage rates fell for the first time in two months this week as investors sought safety in government bonds, spurred by cooling stock and tech markets and a sharp pullback in new-housing starts fueling inflation fears. The average rate on 30-year fixed home loans decreased to 7.32% for the week ending Oct. 22, down from…
Vanguard’s agreement to acquire Altruist generated considerable discussion across wealth management, much of it focused understandably on custody, consolidation and competitive positioning. Yet one aspect of the transaction may ultimately prove more consequential for advisors because it reflects a broader evolution already underway across the profession. Technology is making it possible to deliver sophisticated financial…