FTX lawyers working on the crypto exchange’s bankruptcy case billed nearly $40 million in expenses in January, according to documents filed in court. The lawyers are part of a group of legal experts h...
Tag: Advisers
SEC not allowed to punish Voyager advisers over bankruptcy token, says US judge
The United States Securities Exchange Commission (SEC) won’t be allowed to fine executives involved in Voyager Digital should it end up issuing bankruptcy tokens to help repay impacted customers, bank...
SEC to Keep Close Watch on Crypto Brokers and Advisers
This year, cryptocurrency brokers and financial advisors that provide or provide advice regarding cryptocurrencies will be brought within the jurisdiction of the United States Securities and Exchange ...
Adani Bondholders Turn to Advisers as Crisis Engulfs Indian Firm
(Bloomberg) — Bondholders of Adani Group firms are holding initial conversations with financial advisers and lawyers to weigh their options after the unfolding crisis at the Indian conglomerate ...
I’m 72, have a cushy amount invested and was withdrawing 4% a year. But once I pay my financial adviser’s fees and California taxes that won’t be enough. What’s my move?
How to figure out if your adviser is worth what they’re charging you. Getty Images/iStockphoto Question: I have a comfortable balance in my investment account but have a question about only taking out...
As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money
The Federal Reserve boosted its influential interest rate yet again Wednesday, even as more signs indicate that inflation is cooling. It hiked the benchmark’s key rate by a quarter of a basis point, b...
SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
The United States Securities and Exchange Commission (SEC) has begun an investigation into traditional financial advisors on Wall Street to determine whether or not these advisors grant custody of dig...
US SEC Inquires Investment Advisers Over Crypto Custody: Report
The United States Securities and Exchange Commission (SEC) is targeting investment advisors for potentially offering digital asset custody to its clients without meeting proper criteria. Citing three ...
7 financial advisers on what they are doing in 2023 to prepare for a recession
Getty Images/iStockphoto A number of high-profile financial firms are saying a recession is likely in 2023. Vanguard expects a “global recession,” Goldman Sachs economists give it a 35% chance, J.P. M...
Bitcoin is on its ‘last gasp before the road to irrelevance,’ ECB advisers argue
While bitcoin might appear stable for now, it’s on the brink of irrelevance — at least according to a report from two advisers to the European Central Bank (ECB). Bitcoin is rarely used in...
FTX Advisers Find Only $740 Million in Crypto, While Liquidity Gap Stands at $8 Billion
Yuri Molchan Advisers who oversaw Enron bankruptcy, say FTX case is much worse Contents Only “fraction” of FTX’s funds found Homes and personal items bought with FTX funds Bloomberg has reported that ...
Ripple Is Going To Win The Final Battle By The Popular Crypto Advisers
The ongoing war between SEC and Ripple is going to end soon. There is a strong belief among analysts that Ripple is going to win over the SEC. If Ripple wins this battle, the price of XRP tokens will ...
Here’s what financial advisers are doing (or not doing) with their own portfolios in a bear market
‘I want to be buying the riskiest stuff that I can buy right now’: Here’s what financial advisers are doing (or not doing) with their own portfolios in a bear market The stock market...
Financial Advisers Recommend These 3 Alternative Investments Over The Standard 60/40 Stock-To-Bond Portfolio
For years, many financial advisers recommended a mix of stock and bond investments to their average retail clients, including the standard 60/40 stock-to-bond portfolio. Because of record high inflati...
Goldman Sachs and Rothschild & Co emerge as top M&A advisers for the power sector in H1 2022
The Financial and Legal Adviser League Tables in the power sector, which ranks advisers by the value and volume of mergers and acquisitions (M&A) deals they advised in the first half of 2022, were...
4 questionable, but legal, things some financial advisers do with your money
Is your financial adviser ethical? Getty Images/iStockphoto There are many people out there who will offer to give you financial advice. And while most of them are ethical and trustworthy, sometimes y...
I’m 40 and married with 2 kids. How aggressively should I invest my money right now, and should I own crypto? Here’s what 5 financial advisers told him to do now.
Should crypto be a part of your overall investing strategy? Getty Images/iStockphoto Question: I’m 40, married with two kids and gainfully employed. I’m wondering how aggressively I should be investin...
The DOL has a new IRA rollover rule for advisers to follow
IRA rollovers are common, whether they’re from an old 401(k) or just one account to another, but a newly implemented Department of Labor rule says financial advisers suggesting the move have some expl...
Celsius Network hires advisers ahead of potential bankruptcy: Report
Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy. According to a Friday report from the ...
3AC Hires Legal And Financial Advisers To Help Avert A “Bankruptcy” Situation ⋆ ZyCrypto
Advertisement     Beleaguered Singapore-based cryptocurrency hedge fund Three Arrows Capital “3AC” has reportedly hired external financial and legal advisers to help w...
Amazon Shareholders Should Reject CEO Pay Package, Advisers Say
(Bloomberg) — Amazon.com Inc. shareholders should vote to reject the pay packages of Chief Executive Officer Andy Jassy and other top leaders, two influential investor advisory firms recommended...
6 financial advisers and pros answer one question: ‘If a client came to you with $1,000 to invest right now, what would you tell them to do with it?’
Imagine this: You’ve got $1,000 to invest, but you don’t know what exactly to do with it. We asked 6 financial advisers what they’d do if a client came to them with $1,000 — here’s what they advise. (...
The Fed just raised rates by a half point. Here’s what financial advisers think you should do with your money
The Fed moved to increase interest rates by half a percentage point on Wednesday. This is the biggest increase in two decades, but it’s in line with the path that many financial experts and econ...
As inflation hits a new 40-year high, 5 financial advisers on what they’re doing with their own money amid high inflation
Getty Images/iStockphoto The annual rate of inflation in the U.S. rose to 8.5%, which is a four-decade high, new consumer price index data revealed. Inflation hasn’t been this high since the early 198...
2 things all the financial advisers I talked to told me — that I don’t like
How to find the right financial adviser for you. Getty Images/iStockphoto Question: I’m about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing a por...
Vast Majority of Financial Advisers Plan to Invest More in Crypto
Alex Dovbnya Nasdaq survey has painted a predictably bullish picture for institutional adoption in the U.S. Eighty-six percent of the surveyed advisers, who control roughly $26 trillion of cumulative ...
Spot Crypto ETF in High Demand by Financial Advisers: Nasdaq Report
A new survey from Nasdaq has shed more light on the growth in an embrace of spot crypto Exchange Traded Fund (ETF) in the United States. The survey features 500 financial advisors, including Registere...
Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
While the United States Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin exchange-traded fund, a recent Nasdaq survey suggested that the offering could lead to greater adopti...
Vast majority of financial advisers discuss crypto with clients, says study
A new study shows that while two-thirds of financial advisers have discussed crypto or digital assets with their clients in the past year, not much action has followed. Only 15% of more than 600 advis...
‘Where should I live and what am I going to do?’ Retirement advice we’re not getting from financial advisers
Retirement is one of the Top 10 most stressful life events, according to the psychiatrists Thomas Holmes and Richard Rahe. As someone who recently began unretirement (or semiretirement), I concur. But...
4 of the top 100 financial advisers on the best money advice they’ve gotten
Often, advisers have received tips from mentors and colleagues to help them successfully conduct business, grow wealth and interact with their investors. Getty Images When it comes to investing and ma...
‘The dip is your friend’: Why some advisers are telling young investors to buy stocks, despite stagflation fears roiling markets
How low can stocks go? This question has made investors nervous, as they fear one bottom after another. The answer: Pick a number. Some analysts say brace for further drops, others expect a bounce. Wa...