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Goldman Family Office Clients Eye Exotic Puts As Election Hedge

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Economic volatility ahead of the vote is “a risk” to prepare for, a Goldman executive said.

Untested ETFs Pitched As Hedge Against Global Chaos

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The funds screen out companies seen as threats to national security or vulnerable to state takeover or U.S. sanctions.

Edelman Sees Etherium ETFs Driving Up Token Price Five-Fold

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The crypto advocate sees bitcoin and etherium on a parallel upward track over the next six years.

Job Openings Fall To Lowest Since 2021 In Broad Cooldown

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The decline helped lower a ratio closely watched by the Federal Reserve to the lowest level in nearly three years.

Stock Pickers Defy Wall Street Norm To Risk It All On A Few Bets

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A historically small number of Big Tech firms keep driving equity indexes to new highs.

Private Equity Says It's Got The Data To Back A Push Into Sports

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A new index is looking to serve as a financial benchmark for North American sports franchises.

Majority Of Middle-Class Americans Say They Struggle Financially

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A sizable share of higher-income Americans also feel financially insecure.

Pimco Says 'Generational Reset' On Yields To Spur A Bond Revival

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Active fixed income is positioned to do well over the next several years, the company says.

Focus Divides Connectus's $8.7B U.S. Businesses Between 2 Hub Firms

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Five firms were merged into the Colony Group, and one was acquired by Kovitz.

Raymond James Adds $490M Advisor Team From Merrill

by FA Staff

The three advisors are based in Ocala, Fla.

Bill Ackman's Pershing Square Sells 10% Stake For $1.05 Billion

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Ackman is planning a stock-market listing for Pershing Square as soon as late 2025, sources have said.

Blackstone's $59 Billion Property Trust Hit By Starwood Fallout

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Repurchase requests by investors in Blackstone Real Estate Income Trust ticked up in May.

How Billionaires Bought 70% Of Detroit's Offices And Transformed The City

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Dan Gilbert, the Fords and Ilitches have taken over much of the city.

Private Credit, Wall Street's Hottest Trade, Has An Ugly Moment

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Private lenders are encountering the same problems that have battered leveraged loan investors.

Mercer Advisors Launches Private Markets Platform For Clients

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The firm will open private investments to clients with at least $5 million in assets.

Homebuyers Are Starting To Revolt Over Steep Prices Across U.S.

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House hunters are getting hit with a double-whammy: high prices and high mortgage rates.

Inheritances Be Damned: Clients Want To Spend While They Can

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After the pandemic, more clients are seizing the moment and putting their money to use before they die.

Many Disconnected Worlds

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Anyone who looks around in 2024 could be forgiven for thinking that whatever world the stock market is living in, it isn't occupied by most humans.

Biden, IRS Take Aim At Wealthy's Use Of Donor-Advised Funds

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The proposal also seeks to designate RIAs as “donor advisors,” subjecting them to excise taxes.

Higher For Longer? Maybe Higher Forever

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It's not all bad if borrowing costs stay higher.

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