4+ hour, 33+ min ago   (410+ words) SpaceX will report its first earnings as a public company on Tuesday — and just a couple of of days later, on Aug. 6, more than 900 million shares could hit the market as the company's post-IPO lockup expires. Together, the two events…...

4+ hour, 29+ min ago   (553+ words) Williams was only able to provide six of the seven needed documents, before he was then locked out of his account. Edward Jones enacted a hold that could last up to 55 days under FINRA Rule 2165, which permits firms to place…...

4+ hour, 54+ min ago   (541+ words) Federal regulators are continuing to roll back the compliance burden on financial institutions, with the Federal Reserve Board and the Federal Deposit Insurance Corporation both moving to overhaul rules governing how much credit banks can extend to their own insiders…...

1+ hour, 4+ min ago   (751+ words) California's Democratic Party voted Sunday to endorse Proposition 40, a November ballot measure that would impose a one-time 5% tax on the roughly 200 residents of the state classified as billionaires, breaking with Governor Gavin Newsom and several major labor unions that oppose…...

6+ hour, 11+ min ago   (549+ words) AlphaCore Wealth Advisory is pushing further into the Northeast, making its debut in New Jersey wth the addition of a veteran-led boutique wealth practice. On Monday, AlphaCore announced that it has added Brave Family Advisors, an independent practice overseeing $700 million…...

9+ hour, 16+ min ago   (347+ words) Macquarie is converting its Infrastructure Income Opportunities Fund into a business development company, a regulatory filing shows, as the financial services giant looks to tap into private credit opportunities linked to sectors such as energy and transportation. BDCs, high-yield funds…...

10+ hour, 11+ min ago   (617+ words) &Partners has added another sizable team to its advisor roster, welcoming a Meridian, Mississippi-based practice arriving with $1.8 billion in prehire assets under management from Wells Fargo. The 32 North Wealth &Partners team is led by founders Wade Sims, Alan Lamar, Bob…...

10+ hour, 47+ min ago   (789+ words) The SEC's reported move to probe continuation vehicles, the fund structure increasingly used by private equity managers to roll over assets they can't sell through traditional assets, should send a strong signal for financal advsors steering clients into such private-market…...

12+ hour, 30+ min ago   (653+ words) New York City's attempt to tax owners of high-value second homes has instead swept up thousands of longtime, full-time residents, forcing them into a bureaucratic appeals process that advisors to wealthy clients say is far from settled. The pied-à-terre surcharge,…...

14+ hour, 35+ min ago   (781+ words) The SpaceX acquisition of AI coding startup Cursor for $60 billion landed just four days after the company completed what is now the largest IPO in history. For most investors watching from the public markets, it was a reminder of how…...