US in the news: Kingswood continues M&A spree A round-up of the latest people moves and M&A deals in North America M&A Kingswood The London-headquartered wealth manager company has agreed to acquire an 85% majority interest in registered investment adviser (RIA) Chalice Wealth Advisors (CWA) and independent broker/dealer Chalice Capital Partners (CCP). The financial terms […]
Category: Client News
EquityZen's Phil Haslett in Yahoo Finance
What to expect from IPOs in 2020 Another year is coming to a close. And while at least 159 companies went public in the U.S. in 2019, including Uber (UBER), Beyond Meat (BYND), and Peloton (PTON), 2020 is shaping up to be just as eventful. With the U.S. presidential election coming in November, you can […]
EquityZen's Phil Haslett on Yahoo Finance
Here’s what to expect from the 2020 IPO market – During 2019, numerous highly anticipated unicorns tanked during their debut. However, investors are optimistic for 2020’s IPOs. Yahoo Finance’s Dan Howley and EquityZen Founder Phil Haslett join On the Move to discuss what to expect from the 2020 IPO market.
Tortoise's James Mick in The Wall Street Journal
Energy & Utilities Roundup: Market Talk The latest Market Talks covering Energy and Utilities The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1451 ET – US oil prices end a marginal 0.02%, or 1 cent, lower at $60.93/bbl after a weekly […]
EquityZen's Phil Haslett on Bloomberg
WeWork Is ‘Straw That Broke the Unicorn’s Back, Says Analyst – In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. Rett Wallace, Triton Resarch chief executive officer, and Phil Haslett, Equityzen co-founder, discuss with Bloomberg’s Taylor Riggs on ‘Bloomberg Technology.’ (Source: Bloomberg)
GenTrust's Olivier Sarfati in Chief Investment Officer
Factor Investing Doesn’t Always Deliver the Magic Its different strategies can range from dynamic to sleepy. Factor investing, which flies under the banner of smart beta, can make a dummy out of investors sometimes. As a broad category, these don’t deliver world-beating outperformance. What broad category does? Still, different stripes of them have their shining […]
Tortoise's Matt Sallee in Bloomberg
Oil’s Advance Peters Out Despite Surprise U.S. Crude Withdrawal U.S. crude oil stocks decreased 1.1 million barrels last week Gasoline stocks at multiyear highest despite modest build Oil’s longest streak of gains in almost two months lost momentum after swelling domestic fuel inventories neutralized a surprise decline in domestic crude inventories. Futures in New York […]
GenTrust’s Puerto Rico Office Opening in Private Banker
RIA firm GenTrust to open new office in Puerto Rico US-based RIA firm GenTrust is set to open a new investment advisory office in San Juan, the capital of Puerto Rico. The move will help the company to better serve individuals, families, offices and institutions in this unincorporated US territory. The office, to be located […]
Nancy Tengler on CNBC
Stick with semiconductors, says Oppenheimer’s Ari Wald – Ari Wald of Oppenheimer and Nancy Tengler of Laffer Tengler Investments discuss how semiconductor manufacturers are trading after the U.S. struck a phase one trade deal with China, with Sara Eisen.
GenTrust’s Puerto Rico Office Opening in News is My Business
GenTrust to open investment advisory office in San Juan The new office, which is located in the El Caribe office building, will be led by Elena Hernández, Principal of GenTrust Puerto Rico and wealth advisor. Miami-based registered investment advisory firm GenTrust will open an office in San Juan, to carry out its fiduciary duty to […]
ETFMG Market Segment Expert on Cheddar
2020 Outlook for Cannabis Stocks – Pot stocks have no been friendly to investors in 2019. With sky-high expectations from Wall Street, popular companies such as Aurora Cannabis, Canopy Growth, and Tilray all failed to live up to the hype. Jason Wilson, Cannabis Research and Banking Expert at ETFMG, joined Cheddar to discuss what the cannabis landscape will look like next year.
Tortoise's Rob Thummel in The Wall Street Journal
Investors Doubt OPEC Cuts Can Boost Oil Prices Recent rallies in crude stalled on concern reduced production won’t meaningfully curtail supply Easing trade tensions and production cuts by the Organization of the Petroleum Exporting Countries have boosted oil prices recently, but some investors remain dubious that even those long-awaited developments will be enough to push […]
GenTrust's Puerto Rico Office Opening in The Weekly Journal
GenTrust to Open Investment Advisory Office in Puerto Rico GenTrust, an investment advisory firm with a fiduciary duty to its clients, will soon open an office in San Juan. This expansion will allow GenTrust to further offer its customized advisory services for individuals, families, family offices and institutions in the region. “Our team has more […]
Tortoise's Rob Thummel on CNBC
Energy infrastructure stocks are ‘really attractive’: Investor – There are some “really significant opportunities” in energy infrastructure stocks, says Rob Thummel of Tortoise. He also says it will be a challenge for Aramco to trade higher because oil prices not likely to increase dramatically.
Tortoise's Rob Thummel on Bloomberg
How Attractive Is Saudi Aramco to Other Oil Producers? – Bloomberg Daybreak: AmericasTV Shows – Rob Thummel, portfolio manager and managing director at Tortoise Capital, discusses the attractiveness of investing in Saudi Aramco and the $11 billion writedown taken by Chevron Corp. on weak natural gas prices. He speaks with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)
ETFMG Market Segment Expert on CNBC
Market gains in 2019 were pushed by business rather than the Fed, CIO says – Neil Hennessy, Hennessy Funds CIO, Bryce Doty, SIT Fixed Income Advisors senior portfolio manager, and Julia Coronado, Macropolicy Perspectives founder, join ‘The Exchange’ to discuss their thoughts on the Fed’s rate decision and the state of the U.S. economy.
Tortoise's Rob Thummel on CNBC
The Exchange – Two portfolio managers layout bear and bull case on energy sector – Rob Thummel, portfolio manager at Tortoise and Sandy Villere, co-portfolio manager of Villere’s Balanced Fund, discuss the energy sector.
Tortoise's Rob Thummel on Bloomberg Radio
Need A Larger OPEC Cut To Drive Prices Higher: Thummel (Radio) — Rob Thummel, Portfolio Manager at Tortoise Capital, on the OPEC meeting and the Saudi Aramco IPO. Hosted by Lisa Abramowicz and Paul Sweeney.
ETFMG Market Segment Expert in MarketWatch
The repo market is ‘broken’ and Fed injections are not a lasting solution, market pros warn Banks prefer to keep money at Fed instead of lending to other banks The Federal Reserve’s ongoing efforts to shore up the short-term “repo” lending markets have begun to rattle some market experts. The New York Federal Reserve has […]
Tortoise's Rob Thummel in Bloomberg
Oil Erases Some Gains as Iraqis Curb Demand For Deeper OPEC Cuts Futures initially moved higher on surprise U.S. inventory draw Crude is up 11% from early October low on trade-deal optimism Oil surrendered some gains after Iraq backed away from a proposal that OPEC and allied crude producers should deepen supply cuts when they […]
Nancy Tengler on CNBC
Trump knows trade war’s starting to hurt economy: CIO – Paul Christopher, head of market strategy for Wells Fargo Investment Institute, and Nancy Tengler, ButcherJoseph’s chief investment officer, join “Squawk Alley” to discuss the markets and how trade could be affecting stocks.
ETFMG Market Segment Expert in Bond Buyer
Will data force Fed to discuss more cuts? Wednesday brought more bad news for the economy, with downside surprises in the ADP employment number and the Institute for Supply Management’s non-manufacturing index. If Friday’s employment report also missed forecasts, another rate cut may be discussed when the Federal Reserve meets this month. ADP said private-sector […]
ETFMG in Bloomberg.com
In Zero-Fee Era, Wrestlers and Astronauts Help Funds Fight Back ETF issuers need to stand out in market ruled by three firms Tactics include advertising gimmicks, and taking to Twitter Smaller asset managers are getting creative as they look to take the fight to the likes of BlackRock. Meet the Boa Constrictor. The UFC heavyweight […]
GenTrust's Jim Besaw in Financial Advisor
RIAs Give No-Load Annuities Another Look Tom Meyer can hardly believe what he’s saying. “I’ve been anti-annuities for 36 of the past 37 years, but there are new products that are worth considering,” he says. Meyer is CEO of Meyer Capital Group, a fee-only investment management and financial planning firm in Marlton, N.J. Annuities, he […]
ETFMG Market Segment Expert in Forbes
FDA Warning Letters Highlight CBD Industry’s Wild West Attitude The Food and Drug Administration on Monday issued warning letters to 15 companies for illegally selling products containing Cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act. The FDA also released a revised Consumer Update detailing its new safety concerns about CBD […]
Nitin Sacheti on TD Ameritrade
Nitin Sacheti Short On The RealReal – on The Watch List with Nicole Petallides offers investors a midday look at the most relevant stocks, sectors and commodities. Petallides hosts a panel of experts ranging from industry-leading CEOs, analysts and Wall Street influencers to discuss pressing topics moving the market in real-time. The Watch List provides viewers with a midpoint status update for the end of the trading day and beyond.
Thornburg Investment Management's Jason Brady on CNBC's The Exchange
Market experts on why they’re recommending oil and gas companies – Charles Bobrinskoy, Ariel Investments, and Jason Brady, Thornburg Investment Management, join ‘The Exchange’ to discuss the concerns weighing on the markets.
CMS Technology in ROI-NJ
Food-borne illness outbreaks: How Bridgewater-based CMS is becoming prevention leader When the news of the latest E. coli outbreak came out earlier this month, John Meccia’s first thought wasn’t to run to the fridge to see if the bag of lettuce he has is from California. Meccia thought about how the lettuce that is impacting […]
Horizon's Kevin Conlin in ROI-NJ
For Horizon, change in corporate form will let it modernize, invest in new technologies Horizon Blue Cross Blue Shield of New Jersey is the state’s largest health insurer. In a move that will dramatically change the corporate status and corporate actions of the state’s largest health insurer, Horizon Blue Cross Blue Shield of New Jersey, […]
Nancy Tengler in USA Today
If you don’t know the lingo, ask your financial adviser for clarity The Boston Consulting Group revealed in a 2009 article entitled “Women Want More” (in Financial Services) that of all the industries that affect their daily lives, women around the world have identified the financial services industry as the one they are most dissatisfied […]