For many financial advisers, the slide reinforced the notion that Bitcoin is just too volatile for client portfolios.
Scams involving self-directed individual retirement accounts are another area of concern, according to an annual survey by the North American Securities Administrators Association.
The alternative investment provider increased assets on the platform to more than $104 billion last year. The secret could be its ability to combine multiple high-net-worth investors into a single private placement.
To skeptics, the crypto world as a whole is a mirage whose massive run-up past $2 trillion was simply the speculative by-product of the extraordinary amount of easy cash that’s been sloshing around in the global economy.
The settlement stemmed from potential claims related to Merrill's "management and oversight" of brokerage accounts opened by the owner of Jay Peak, the failed Vermont ski resort.
The agency said it needs another 60 days to make a determination, pushing the new deadline to March 16.
Emerson Equity and Triad Advisors reached end-of-the-year settlements related to complaints about poor supervision of certain mutual fund sales.
Investors have retreated from the most speculative corners of global markets of late, worried that an ebbing tide of central bank stimulus could spell trouble. Just how exposed Bitcoin and the wider crypto universe is to that risk is the subject of heated debate.
Why not invest in some Château Lafite Rothschild? You can let the value appreciate over time, or if worse comes to worst, you can drink it.
Bitcoin’s share of the crypto market shrank dramatically over 2021 as other tokens rocketed, a sign of how investor interest in digital assets broadened out despite — or perhaps because of — enormous volatility.
The Toronto aggregator announced a twofer that combines for $10 billion in assets under management. The deals push CI’s U.S. footprint to $115 billion in assets.
The firm, which counts some of the biggest Wall Street banks as its partners, was valued at more than $7 billion in the round.
Users will be able to send cryptocurrency via digital gift cards, according to code discovered in a beta version of the company's iPhone app.
Merchant Investment Management has purchased a stake in Brainvest Wealth Management for international exposure.
Up until recently, major global firms had happily ignored independent advisers for decades.
Partisan differences will hamstring legislation, as Democrats stress investor protection and Republicans focus on protecting innovation.
Except for a big investment in real estate, there wasn't that much divergence, a recent survey found.
A subsidiary of Canada’s largest digital asset manager, 3iQ Digital Assets, has launched a new separately managed account and model portfolio for U.S. wealth managers. Fees range from 1% for single-token accounts to 2.5% for multi-token index strategies.
Record net inflows are just a part of the story. ETFs continue to take market share of mutual funds by doing more for less.
Riding the direct indexing wave, the WisdomTree Crypto Index is designed for advisers but could also offer direct access for retail investors.
