OpenAI logo seen on screen with ChatGPT website displayed on mobile seen in this illustration in Brussels, Belgium, on December 12, 2022. Jonathan Raa | Nurphoto | Getty Images Morgan Stanley is rolli...
Tag: Advisors
FTX counsel and advisors rake in $34M in January
The law firms, investment banks and consulting companies working with FTX on its bankruptcy case billed the crypto exchange a combined $34.18 million in January, court documents reveal. FTX’s chief re...
Opioid overdose treatment Narcan recommended by FDA advisors for over-the-counter use
The Food and Drug Administration’s independent advisors on Wednesday unanimously recommended over-the-counter use of the nasal spray Narcan to reverse opioid overdoses, which would significantly...
Susquehanna Advisors Group buys 7.5% stake in Silvergate, following Citadel Securities
Susquehanna Advisors Group reported a 7.5% stake in crypto-friendly bank Silvergate Capital. The Pennsylvania-based finance firm bought over 2.36 million shares in Silvegrate, a filing showed. S...
SEC targets registered crypto advisors as top priority for 2023
Ad The U.S. Securities and Exchange Commission (SEC) released its top priorities for 2023 on Feb. 7, in which it highlighted the need for greater attention to those advising investors to participate i...
SEC to tighten oversight over crypto investment advisors
The US financial watchdog has issued a notice entailing tighter scrutiny of crypto brokers and financial advisers giving crypto investment services this year. The United States Securities and Exchange...
SEC Says Monitoring Advisors Shilling Crypto a Top Priority in 2023
The U.S. securities regulator will focus on cryptocurrencies and emerging technologies as one of its priorities this year, as it tries to keep up with the changing landscape of finance. In a statement...
10 leading financial advisors accounted for $5.8 trillion of M&A deals value in 2022
Merger and acquisition (M&A) transactions are a crucial aspect of the global business ecosystem, and the right financial advisor can make all the difference in their success. Indeed, there are a f...
US SEC Investigates Investment Advisors About Crypto Regulations
The US SEC is investigating registered investment advisors about following crypto regulations. Anonymous sources reported that the SEC is interrogating advisors’ efforts to cohere to agency regulation...
FDA advisors recommend using Covid omicron shots for all doses
The Food and Drug Administration’s independent advisory committee on Thursday recommended replacing Pfizer and Moderna’s original Covid vaccine used in the U.S. for everyone’s first ...
Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows – Featured Bitcoin News
A new survey shows that interest in cryptocurrency remains strong among financial advisors’ clients. “Despite market performance, the most common question was: ‘Should I consider an investment in cryp...
Bitcoin Price To Struggle More? SEC Launches Inquiry On Investment Advisors
Bitcoin Price To Struggle More? Financial market regulators are gearing up with enhanced and much needed laws around the digital asset industry. In this pursuit, the U.S. Securities and Exchange Commi...
Annual Bitwise/VettaFi Survey Finds 60% of Financial Advisors Are Long-Term Bullish on Crypto Despite Volatile Market
Advisors allocated to crypto in client accounts near all-time high levels, while citing limited access and uncertainty as challenges, according to the fifth annual benchmark survey. SAN FRANCISCO–(BUS...
Advisors of Bankrupt FTX Found $5B Worth of Sunken Treasures
FTX Group advisors revealed that they found more than $5B in cash or crypto. Advisors have also found a large amount of other crypto assets that are illiquid. The FTX Group advisors have been sorting ...
Trisha Asgeirsson, Former Head of Mastercard Data & Services North America Joins SKUx Board Of Advisors
Asgeirsson Joins SKUx As The Company Launches SKUPay™, Powering A New Era Of Adjudicated Spend And Digital Consumer Engagement Solutions ST. PETERSBURG, Fla.–(BUSINESS WIRE)–SKUx, an innovative paymen...
Verit Advisors’ First Survey Of ESOP CEOs Shows Their Deep Satisfaction With Employee Ownership
In my 30 years-plus advising family business owners and others on employee stock ownership plans, I’ve often seen surveys of ESOP employees. Invariably, they document employees’ greater financial and ...
5 Wealth advisors offer money tips they’re sharing with their clients for 2023
2023 is right around the corner. And like every year, it promises to bring with it a wave of economic changes, both anticipated and unexpected. Wealth advisors are helping their clients prepare for th...
SBF Frequently Visited White House; Met with Biden’s Senior Advisors.
SBF frequently visited White House to meet important people including the President’s Counselor. His visits were to discuss crypto; he tried to deviate authorities towards DeFi. SBF met Steve Ricche...
Sam Bankman-Fried met with Biden’s top advisors two months before FTX’s implosion
Former FTX CEO Sam Bankman-Fried met with senior White House officials on multiple occasions in 2022. Sources said politics was not discussed at the meeting and that conversations focused on the crypt...
SBF met with Biden’s senior advisors 2 months before FTX collapse: Report
Former FTX CEO Sam Bankman-Fried met with government officials at the White House on at least four separate occasions in 2022, one of which reportedly occurred just two months before the fall of his c...
Bain & Co Say Young, Affluent Clients Want This From Advisors
Most wealth management companies aren’t currently meeting millennials’ demands. As young investors grow their wealth, financial services firms gain a once-in-a-generation opportunity to sc...
4 Times Advisors Should Use Custom Indexing, According to Vanguard
Direct indexing is a hot strategy for financial advisors looking to differentiate themselves to potential clients – but what is it and when does it make sense for clients? The idea behind indexing, of...
4 Advisors on Their Top Bond Buys Now
With bonds offering their juiciest yields in years, we queried some wealth management pros on where they see the best fixed-income opportunities now: David Rossmiller, Bessemer Trust: We like longer b...
Advisors Should Understand These 2023 Tax Changes Now
Financial advisors should understand 2023 tax year changes. As the New Year arrives, financial advisors should be looking ahead to 2023, understanding what tax changes will impact clients and what the...
Top Advisors Share the Best Financial Moves to Make Now
It’s easy to get swept up in how stocks, bonds, or your portfolio performed today, this month, or this year, and that’s especially true during market upheavals. But a longer-term view is required to a...
Fear of missing out can be a killer for investors. How top advisors keep it at bay
Michael H | Digitalvision | Getty Images The fear of missing out, or FOMO, can be a powerful psychological force — and it may lead unwary investors to lose bundles of money, according to financial adv...
Cathie Wood’s Ark Invest Offers Actively Managed Crypto Strategies to Financial Advisors – crypto.news
ARK Invest has announced a partnership with Eaglebrook to offer high-net-worth investors access to the top 20 crypto assets through separately managed accounts. A Planned Collaboration Cathie Wood-led...
ARK Investment to offer 2 crypto strategies for investment advisors
Join Our Telegram channel to stay up to date on breaking news coverage ARK Investment, an investment company led by Cathie Wood, recently teamed up with a digital asset platform Eaglebrook. The goal o...
Valkyrie Funds Introduces Crypto SMAs for Fund Managers & Advisors
Valkyrie Funds, an alternative asset management firm based in the US, announced on Tuesday the launch of a new Valkyrie Risk Managed Separately Managed Account (VSMA) platform that aims to enable fina...