LPL Onboards Former Osaic Team Serving $600M in Client Assets
February 3, 2025
The financial advisers at Charter Oak Wealth Partners have joined LPL Financial’s broker-dealer, registered investment adviser and custodial platforms, aligned...
Mari Nicholson
Mari Nicholson is the managing editor of AltsWire. She reports on alternative investments for retail investors that are distributed via broker-dealers and registered investment advisers, as well as topics that affect these investors, financial advisers, and sponsors. Alternative investment funds covered by AltsWire include real estate investment trusts, business development companies, interval funds, closed-end funds, Delaware statutory trusts, utilized for tax-advantaged 1031 exchanges, qualified opportunity zone funds, as well as other unlisted publicly registered offerings and private placement investments.
Articles
Peachtree Group Expands DST Platform, Hiring SVP to Lead Multifamily Acquisitions
February 2, 2025
Peachtree Group, a commercial real estate investment firm with a multibillion-dollar portfolio of equity and debt investments, announced the expansion...
New Inland Outlook Report Says Multifamily and Self-Storage May Benefit in 2025
February 2, 2025
Real estate investment manager Inland Real Estate Investment Corporation, a member of The Inland Real Estate Group of Companies Inc.,...
KBS REIT III Kicks Off 2025 by Extending Maturity Date on Another Loan
February 2, 2025
KBS Real Estate Investment Trust III, Inc., a publicly registered non-traded real estate investment trust, has extended the maturity date...
FINRA Fines Former IBN Rep for Unsuitable Alternative Investment Sales
February 2, 2025
The Financial Industry Regulatory Authority has suspended former IBN Financial Services representative Angelo J. Piccone for five months and fined...
Griffin Capital Hires Director of Housing Market Research
February 2, 2025
Private real estate investment manager Griffin Capital Company LLC announced the appointment of Steve Guggenmos to serve as director of housing...
NorthStar Healthcare Income REIT to Be Acquired by Welltower Affiliate in $900M Transaction
January 30, 2025
Welltower Inc. (NYSE: WELL) and NorthStar Healthcare Income Inc. – an internally managed, public, non-listed real estate investment trust that...
Pitcairn Acquires $2.5B Alts-Focused Firm and Forms New RIA
January 30, 2025
Pitcairn, a family office that has served ultra-high-net-worth families for more than a century, has announced its acquisition of Brightside...
LPL Highlights Q4 Results; Earnings Per Share Up 26% Year-Over-Year
January 30, 2025
LPL Financial Holdings Inc. highlighted results for the fourth quarter ended Dec. 31, 2024, reporting net income of $271 million, or...
SEC Committee to Continue Discussing Challenges Facing Emerging Fund Managers
January 30, 2025
In an upcoming meeting on Feb. 25, 2025, the U.S. Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee will...
LPL Financial Lures $1 Billion SoCal Team From Osaic
January 29, 2025
Financial advisers John P. Schlatter, CFP, Robert Rojano, Alec Hoag, CFP, and Michael Madden, CFA, have joined LPL Financial’s broker-dealer,...
Preferred Capital Securities to Offer Liberty Street Interval Fund Within Retail Channel
January 29, 2025
Broker-dealer Preferred Capital Securities has partnered with Liberty Street Funds to distribute Liberty Street’s Private Shares Fund to its network...
Ex-Raymond James Firm With $287 Million in Client Assets Joins Cetera
January 29, 2025
Financial adviser Cetera Financial Group announced that Arco Capital Partners has joined Summit Financial Networks, a community within Cetera Advisor...
Financial Services Institute States Its 2025 Industry Priorities
January 29, 2025
Financial Services Institute – an advocacy organization for independent financial services firms and independent financial advisers – identified preserving financial...
NewEdge Wealth Aims to Accelerate Growth in Southeast With Managing Director Hires
January 29, 2025
Registered investment adviser NewEdge Wealth LLC announced that William deButts and Jimmy Patrick have joined as managing directors. DeButts joins...
CION Grosvenor Infrastructure Fund Launches With $240M Invested in Infrastructure Assets
January 28, 2025
CION Investments and GCM Grosvenor announced the launch of CION Grosvenor Infrastructure Fund. First reported on by AltsWire in November...
Gen AI, Reg BI Among New Topics in 2025 FINRA Regulatory Oversight Report
January 28, 2025
The Financial Industry Regulatory Authority published the 2025 FINRA Regulatory Oversight Report, a resource comprising observations from across FINRA’s member...
Wintrust Completes Majority of $16B Onboarding to LPL Financial
January 28, 2025
LPL Financial LLC, a subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA), announced that Wintrust Financial Corporation (Nasdaq: WTFC) has...
Carson Group Announces Partnership With $365 Million NorCal Team
January 28, 2025
Wealth advisory firm Carson Group announced a partnership with managing partners and wealth advisers Jerod Wurm, CFP, and Casey Frye,...
Sound Income Strategies RIA Reports 32% Increase to AUM
January 28, 2025
Registered investment adviser Sound Income Strategies reported a 32% increase to its assets under management on the previous year, equal...
