FINRA Fines Online Brokerage Firm for Misleading Social Media Posts
June 14, 2024
The Financial Industry Regulatory Authority has censured TradeZero America Inc., an online brokerage firm that provides self-directed trading to retail...
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SEC Charges JAG Capital Advisors in $3 Million Fraudulent Investment Scheme
June 13, 2024
The U.S. Securities and Exchange Commission has charged Joshua Goltry and his investment management firm, JAG Capital Advisors LLC, with...
HPS Corporate Lending Fund Launches $400 Million Private Placement Offering to Support Operations
June 13, 2024
HPS Corporate Lending Fund, a perpetual-life non-traded business development company sponsored by HPS Investment Partners LLC, priced an offering of...
Origin Investments Launches 1031 Exchange DST Platform
June 13, 2024
Multifamily investment sponsor Origin Investments has launched Origin Exchange for direct investment by retail investors, as well as registered investment...
Shopoff Acquires 55 Acres in Inland Empire, Calif., for Industrial Development
June 13, 2024
Shopoff Realty Investments, a national manager of opportunistic real estate investments and a sponsor of private placement offerings, has acquired...
Madison Commercial Names Director of Acquisitions
June 13, 2024
Madison Commercial has appointed Louis F. Goodmon as director of acquisitions. He will lead efforts to identify and secure net...
Alts Consulting Firm XA Investments Hires Veteran to Distribute Interval Funds
June 12, 2024
Kevin Davis, CFP, joined XA Investments as a managing director and head of sales and distribution. The company – a...
Wells Fargo Provides ExchangeRight REIT Credit Line Up to $400 Million
June 12, 2024
ExchangeRight’s Essential Income REIT has entered into a credit facility with Wells Fargo, closing on the first $75 million of...
Cetera Adds Another Fidelity Exec; Patterson to Lead Advanced Wealth Solutions
June 12, 2024
Cetera Financial Group has appointed Jerry Patterson head of advanced wealth solutions. In this role, he is responsible for building Cetera's retirement,...
Legion Capital Reports Operating Profitability, 26% Increase in Shareholder Equity
June 12, 2024
Legion Capital – a sponsor of private placements, Regulation A offerings and a specialized lender providing growth capital to small-...
Stanger Upgrades Starwood REIT Outlook
June 11, 2024
Robert A. Stanger & Co., Inc. issued an updated research report on Starwood Real Estate Income Trust Inc., upgrading its...
1031 CF Properties Forms Selling Group to Target Broker-Dealer Channel
June 11, 2024
1031 CF Properties LLC, a sponsor of senior housing Delaware statutory trusts, announced its formation of a new selling group...
CAI Investments Secures $93 Million Extension Loan for Westin Tempe
June 11, 2024
Las Vegas-based CAI Investments LLC – an asset manager, developer, and private placement sponsor – secured a $93 million extension...
Ares Strategic Income Fund Enters Into Indenture, Interest Rate Swap
June 11, 2024
Ares Strategic Income Fund, a non-listed business development company launched in December 2022, entered into an indenture relating to the...
Kestra RIA Brings Aboard $500 Million Team From Merrill Lynch
June 11, 2024
Kestra Private Wealth Services, a registered investment adviser subsidiary of Kestra Financial Inc., announced the addition of the financial professional...
Sponsored: Stop Leaving Millions Behind on Uncle Sam’s Table
June 10, 2024
The net sum of capital gains reported in tax filings in the U.S. has grown by an average of 18%...
Cetera Hires Former Fidelity Executive as Head of Corporate Strategy
June 10, 2024
Cetera Financial Group, one of the nation’s largest networks of independently managed broker-dealers, announced that Scott Baker, CFA, CFP, has...
Prospect BDC Declares Increased 7.5% Distribution Rate, Launches Multi-Class Offering
June 10, 2024
Prospect Floating Rate and Alternative Income Fund Inc. – an externally managed non-diversified, closed-end management investment company that has elected...
StepStone Private Wealth Launches Evergreen Interval Fund
June 7, 2024
StepStone Private Wealth launched StepStone Private Credit Income Fund, an evergreen interval fund that can be purchased daily via ticker...
Cetera Acquires $225 Million Hawaii-Based RIA
June 7, 2024
Cetera Holdings, the holding company of Cetera Financial Group – one of the nation’s largest networks of independently managed broker-dealers...
