article thumbnail

Ares Launches Sports and Media Fund for Wealthy Investors

Wealth Management

is debuting a new media and entertainment fund targeting individual investors, bringing the typically exclusive world of sports investing to the retail segment. is debuting a new media and entertainment fund targeting individual investors, bringing the typically exclusive world of sports investing to the retail segment. trillion.

article thumbnail

Monday links: changed communication

Abnormal Returns

Markets How major asset classes performed in November 2024. abnormalreturns.com) Mixed media Costco ($COST) is getting out of the books business. capitalspectator.com) Crypto Why managing a leveraged Microstrategy ($MSTR) ETF is harder than it looks. wsj.com) Crypto ETFs continue to attract record inflows. Well, you should.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Deals & Moves: Sanctuary Partner Launches $400M RIA; Wealth Enhancement Snags $164M Firm

Wealth Management

Sanctuary Wealth Affiliate mForce Launches $400M RIA Sanctuary Wealth, a Miami-based hybrid registered investment advisor with about $50 billion in assets , announced Tuesday that its mFORCE Capital partner firm is launching a new RIA from a team formerly with Truist Investment Services. The firm oversees about $400 million in client assets.

article thumbnail

Weekend Reading For Financial Planners (November 30–December 1)

Nerd's Eye View

Which could prove to be a boon for the financial advice industry as more consumers are willing to entrust their assets to an advisor (while at the same time possibly making it tougher for some advisors to differentiate themselves primarily by how they put their clients' interests first?). Read More.

article thumbnail

Mariner Hires M&A Lead Rob Sandrew to Oversee $40B Independent Channel

Wealth Management

Mariner is seeking to bolster its independent registered investment advisor channel by hiring Rob Sandrew to oversee the division, which includes more than 1,100 advisors and about $40 billion in client assets. Sandrew joined the RIA in 2016 and helped it grow from about $3 billion in client assets to more than $21 billion.

article thumbnail

Telecom ETFs Get a Boost from Tax Benefits in the One Big Beautiful Bill Act

Wealth Management

The bill creates permanent tax incentives in the areas of capital asset depreciation and expensing of domestic R&D costs. OBBBA Creates Tax Incentives for Capital Investments One of the key features of the OBBBA is the return of 100% bonus depreciation on qualified capital assets.

article thumbnail

#FASuccess Ep 442: Attracting $100M Per Month Of Like-Minded Clients By Being Vocal About (Divisive) Issues You’re Passionate About, With David Bahnsen

Nerd's Eye View

billion in assets under management for 1,800 client households. David is the founder of The Bahnsen Group, an RIA based in Newport Beach, California, that oversees approximately $7.5