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Alternative Investments

05/05/2026

Arax Lures $1.5B Upstate NY Firm from Wells Fargo

The group is leaving Wells Fargo to join Arax Advisory, a RIA subsidiary of the $43 billion Arax Investment Partners.

05/05/2026

RIA Channel Saw Greatest Advisor Gains in 2025

Over 39,000 advisors changed firms in 2025, close to a decade high, with RIA and IBD channels seeing the strongest net gains, according to tracking by ISS MI.

05/05/2026

State Street Investment Management and Galaxy Digital Bring Cash Management Onchain

State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) launches

05/01/2026

Brown Advisory and RockCreek Agree to Join Forces

Both firms are united in their commitment to provide continuity in the performance, advice and service they are delivering to their clients.

04/30/2026

Are private markets really offering differentiation, or are ETFs, mutuals just as good?

Morningstar report finds semiliquid funds often share holdings, raising questions on diversification.

04/30/2026

The unspoken costs of the lengthening fundraise

For private equity fund managers, there is at least one area of life that is moving in the opposite direction: fundraising.

04/28/2026

Alliancebernstein Holding L.P. Announces First Quarter Results

First quarter adjusted net income per Unit was $0.83 compared to $0.80 in the first quarter of 2025 and $0.96 in the fourth quarter of 2025.

04/28/2026

Waystone Supports Calamos’ Debut of World’s First Autocallable UCITS ETF for Investors Seeking High, Stable, Monthly Income

Hosted on Waystone’s platform, the ETF is domiciled in Ireland and launches with both accumulating and distributing ETF share classes.

04/28/2026

14 Steward Partners Advisors Named to InvestmentNews' 2026 5-Star Financial Planners List

Recognition underscores the firm's bench depth and commitment to holistic, client-centered financial planning

04/27/2026

Yes, Citadel Securities made some advance internship offers to Harvard students

Last month, we understand that the firm met directly with students at Harvard University, and extended internship offers to them as a result.

04/22/2026

Private credit in Canada keeps rolling despite deepening U.S. turmoil

Canadian institutional investors say their private credit exposure is limited

04/21/2026

Where hedge fund Citadel's portfolio managers are mostly found now (not Miami)

Citadel's recently filed annual ADV form for 2025 highlights this state of affairs.

04/20/2026

Mackenzie Investments Selects OneVest's Operating System to Advance its Digital Transformation for Advisors and Investors

Mackenzie to leverage OneVest's highly configurable platform to launch a modern suite of advisor, investor, and onboarding solutions.

04/20/2026

BRC Group plans B. Riley Securities buyout, wealth unit merger

The combination aims to consolidate the company’s financial services platform under a single investment banking and wealth management entity.

04/20/2026

Advisors better not give up on organic growth even if M&A stays hot

Wealth managers relying on technology while waiting for a juicy PE-backed acquisition best not overlook the importance of good old organic growth.

04/20/2026

Mackenzie taps OneVest to power next phase of advisor and client digital overhaul

Asset manager rolls out new portals and infrastructure aimed at reducing friction and boosting scale.

04/17/2026

President and CEO Alex David Named to Wealth Solutions Report’s Top Black Industry Leaders of 2026

David is one of five industry leaders selected for this distinction.

04/17/2026

Bipartisan retirement reform should now address investment access

Even after the progress made from SECURE 1.0 and 2.0 legislation, the landscape of retirement plans – particularly around collective investment trusts, 401(k)s, and 403(b) plans – remains lopsided.

04/15/2026

iCapital, Envestnet Expand UMA Access for Alternatives, Structured Products

Envestnet advisors can now integrate iCapital’s alternative investments into UMA portfolios, streamlining access to private market solutions.

04/13/2026

UK state-backed fund Nest invests £450mn in US private credit

Workplace pension scheme targets 30% allocation to private markets by 2030 despite growing strains on asset class

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The biggest risk in wealth transfer isn’t taxes. It’s misalignment

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