Jessi Chadd Named Among InvestmentNews “40 Under 40”
June 26, 20234 min
Chadd recognized for her leadership accomplishments; commitment to clients and the financial services profession.
The newly formed firm comprised of industry professionals is now registered with the SEC and will be providing discretionary investment advisory solutions to the marketplace.
Stratos Wealth Advisors LLC (Stratos), a Stratos Wealth Holdings company, announced the successful recruitment of wealth management veteran Robert A. Hamer, who has more than $250 million in assets under management (AUM). Stratos Wealth Advisors, LLC, an SEC Registered Investment Advisor, manages over $3 billion in advisory assets and over 32 million in third-party managed assets as of March 31, 2023. Hamer joins Stratos from Asset Management Group, Ltd. where he was a managing director since 2016. Prior to joining AMG,...
Proteus announces its strategic alliance with Alpha Principle
June 21, 20233 min
Proteus, LLC, a leading provider of alternative funds and private investment solutions, is pleased to announce its strategic alliance with Alpha Principle, a values-based RIA and asset management firm based in Englewood, CO. “With such a unique investment approach and vast financial expertise, we are excited to work with a firm like Alpha Principle. Adding Proteus’ customizable alternative investment platform will open a new sector of opportunity for its clients, empowering them with additional strategies to...
Biblically responsible investing firm, Inspire Investing, ranked in the top 500 Registered Investment Advisors (RIA) based on growth of assets under management and client recommendations.
PayPal and KKR Announce Exclusive Multi-Year Relationship
June 20, 20237 min
KKR to purchase up to €40 billion of eligible current and future PayPal Pay Later loans originated in Europe PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which private credit funds and accounts...
Discover Launches $36 Million Mission-Driven Investment Fund
June 14, 20234 min
Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses. Discover Bank has made an initial capital commitment of $36 million. “We continually explore innovative ways to support our communities in which we operate and creating the Discover Financial Health Improvement Fund is a...
Deep Limited Partnership Investment Details Will Help Compre Maintain AUM Growth, Now at 3X in Three Years
J.P. Morgan Launches Sustainable Investment Data Solutions for Institutional Investors
June 13, 20235 min
J.P. Morgan Securities Services announced the launch of its Sustainable Investment Data Solutions for institutional investors, available through Fusion by J.P. Morgan. The solution will enable investors to readily extract value from sustainable investment data supplied by providers through technology-enabled normalization, management, calculation, and screening capabilities. By partnering with leading data providers including Bloomberg, Equileap, FactSet, ISS ESG, MSCI, RepRisk, Revelio Labs, S&P Global, and Sustainalytics, Fusion has reimagined the sustainable investment process delivering a...
Franklin Templeton Launches Franklin Income Focus ETF (INCM)
June 12, 20235 min
The actively managed multi-asset ETF is now available on NYSE Arca for U.S. investors