Key leadership will advance strategic direction by welcoming three new executives and a sustainability-focused Board member.
Future Capital Unveils All-in-One Digital Solution
June 19, 20245 min
Construct enables advisors to efficiently manage held-away 401(k) assets, enhancing the value of advisory services
Nepsis® Strengthens Tax Division with Strategic Hires
June 19, 20246 min
Industry veterans will contribute to the growth of Nepsis® Tax Solutions and help the firm’s high-net-worth clients overcome complex tax challenges
Smartria and TradePMR join forces to Support RIA Firm Growth
June 19, 20244 min
In conjunction with TradePMR’s Synergy 2024 conference in Las Vegas, Smartria and TradePMR announced that the companies have partnered to integrate their platforms and deliver TradePMR custodial data into Smartria’s compliance software. TradePMR, which celebrated its 25th year during its annual Synergy conference in May, is a custodial services company focused on meeting the specific needs of registered Investment advisors (RIAs). Created by a former RIA for RIAs, TradePMR delivers its technology, support, and services to its advisors under the guidance...
LPL Financial LLC announced that financial advisors Stephen Shevlin and Jonathan Joelner, MBA, have joined LPL Financial’s broker-dealer, RIA and custodial platforms to launch a new independent practice, 1818 Wealth Management. The team reported having served approximately $300 million in advisory, brokerage and retirement plan assets* and joins LPL from Stifel, Nicolaus and Co. Based in Swansea, Ill. — just 20 minutes from the Gateway Arch in St. Louis — Shevlin and Joelner have worked...
NEA Appoints Schoen and Wu, Promotes Sharata to Partner
June 14, 20246 min
Several Investing Team Members Elevated to Principal and Senior Associate Roles, Reflecting Firm’s Decades-Long Emphasis on Mentorship and Development
Redwood Trust Prices $85.0 Million Senior Notes Offering
June 14, 20246 min
Redwood Trust, Inc. announced the pricing of an underwritten public offering of $85,000,000 aggregate principal amount of its 9.00% senior notes due 2029. In connection with the offering, Redwood granted the underwriters a 30-day option to purchase up to an additional $12,750,000 aggregate principal amount of Notes, to cover over-allotments. The offering is expected to close on June 18, 2024, subject to the satisfaction of certain closing conditions. Redwood intends to apply to list the...
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against FAT Brands Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between March 24, 2022 and May 10, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before August 6, 2024. If...
Fosun’s Fintech Arm Projects 10-Fold Asset Growth
June 12, 20248 min
Finloop Finance Technology Holding Limited, a leading digital intelligent wealth management platform independently incubated by Fosun Wealth International Holdings Limited, a subsidiary of Fosun International (00656.HK), announced that it has entered into strategic cooperation agreements with multiple leading fintech companies, including China Asset Management (Hong Kong), Taikang Asset Management (Hong Kong), Ping An of China Asset Management (Hong Kong), Bosera Asset Management (International), E Fund Management (Hong Kong), Zhong Ou Asset Management International, Hundsun Ayers Technologies, Hithink...
Pyte Secures $5M to Enhance Data Privacy for Enterprises
June 12, 20246 min
The latest funding will accelerate the commercialization of Pyte's secure computation platform for data utilization and collaboration