NEW YORK–(BUSINESS WIRE)–Nov 14, 2019– iCapital Network, the financial technology platform setting the industry standard for access and efficiency in alternative investing, and Janney Montgomery Scott LLC, a leading full-service wealth management, capital markets, and asset management firm, today announced a partnership in which Janney will utilize the iCapital platform technology in a white-label solution […]
Bluespring Wealth Partners Acquires Vector Wealth Management
AUSTIN, Texas–(BUSINESS WIRE)–Nov 14, 2019– Bluespring Wealth Partners, LLC (Bluespring Wealth Partners), a business focused exclusively on partnering to acquire registered investment advisor and wealth management firms, today announced the acquisition of Vector Wealth Management. Headquartered in Minneapolis and founded in 1993, Vector Wealth Management offers comprehensive financial planning and investment management for a wide […]
Total Stock Market Index Funds: Don't Be Misled By The Hype
After several years of investing in individual stocks, reading their annual reports, and valuing them using various metrics, I sat down and created a spreadsheet that listed the prices of all my buys and sells, calculated the tax and transaction costs, and discovered that though I had bought several stocks that doubled, the losses I […]
Azure Can Keep Microsoft Stock Moving Higher
There are reasons to at least suggest caution toward Microsoft (NASDAQ:MSFT) stock at the moment. With the MSFT stock price at an all-time high, valuation could be a concern. It was only a few years ago that Microsoft stock was trading at something like 13-times earnings. That multiple now has doubled. Source: Peteri / Shutterstock.com […]
First Western Trust Chooses Smartleaf to Enrich Its Boutique Wealth Management Offering
BOSTON, Nov. 14, 2019 /PRNewswire/ — As a part of their vision to provide the best private banking services for the western wealth management client, First Western Trust Bank has selected Smartleaf to further optimize the back-office processes that fuel its white-glove wealth management. Smartleaf’s portfolio management technology has enabled First Western Trust to further enhance its boutique […]
Norwegian wealth fund blocks investment in security giant G4S on human rights concerns
Norway’s £860bn sovereign wealth fund has blacklisted investment in one of the world’s biggest security companies, G4S, because of an “unacceptable risk” of human rights abuses against its workers in Qatar and the United Arab Emirates. London-listed G4S employs around 18,000 people in the two countries – part of its more than half-a-million global workforce […]
Stock futures drift lower after record close for S&P 500, Dow
The U.S. benchmark S&P 500 stock index managed to close at a new record Thursday, but the Dow and Nasdaq indexes slipped as the euphoria about an imminent U.S – China trade deal, supporting the five week rally, began to fade. Technology stocks fell, led down by a slump in Cisco Systems Inc. after the […]
Stock futures drift lower after record close for S&P 500, Dow
Stocks slipped back Thursday from records reached this week as hopes that the U.S. and China would soon finalize a trade agreement began to fade. Technology stocks fell as Cisco Systems Inc. slumped after earnings fell short of expectations, suggesting business is avoiding investment amid President Trump’s trade war. How are major indexes trading? The […]
The Stock Market Warning That Everyone Is Overlooking
The past 10 years and change have really been something special for investors. Both the iconic Dow Jones Industrial Average and broad-based S&P 500 have more than quadrupled in value since their Great Recession closing lows in March 2009, while the tech-heavy Nasdaq Composite has gained in excess of 500%. Not too shabby, considering that […]
Auto Stocks and Trade Jitters Push Global Markets Lower
U.S. stocks bobbed around the flat line Thursday, putting the market’s rally on hold, after a disappointing forecast from Cisco Systems pulled some other technology stocks lower. Both the Dow Jones Industrial Average and the S&P 500 were mostly flat after closing at records a day earlier. The blue-chip index was up 7 points, or […]