Prospera Financial Services Lures $650 Million Team Based in Memphis
October 7, 2024
Prospera Financial Services Inc., a boutique wealth management firm and registered investment adviser supporting a nationwide network of independent advisers,...
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
Directory Spotlight: Mick Law PC
October 7, 2024
Ex-Raymond James RIA With $2.1 Billion in Assets Joins LPL Financial
October 4, 2024
Advisers at The Noble Group have joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. They reported having served approximately...
Madison Capital Markets Adds Senior Distribution Exec to Drive Sales in the South Central Region
October 4, 2024
Madison Capital Markets, an affiliate of Madison Capital Group, announced the addition of Steve Shore as executive vice president, responsible...
MacKenzie REIT Working With Nasdaq on Public Listing Application
October 4, 2024
MacKenzie Realty Capital Inc., a publicly registered non-traded real estate investment trust, submitted its public listing application to Nasdaq and...
Red Oak Capital Provides Nearly $5.5 Million in Financing for Gulf Coast Low-Income Housing Asset
October 4, 2024
Commercial real estate firm and sponsor Red Oak Capital Holdings LLC has provided $5.46 million in financing for The Breakers...
Brookfield REIT Launches 1031 Exchange Program for Accredited Investors
October 3, 2024
Brookfield Real Estate Income Trust Inc. – a publicly registered non-traded real estate investment trust formerly known as Oaktree Real...
Stockholders Receive Just 24% of RREEF Property Trust September Redemption Requests
October 3, 2024
RREEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, received...
Cerulli: Top 25 Firms Control 93% of the Broker-Dealer Market
October 3, 2024
Likely driven largely by merger and acquisition activity, the broker-dealer marketplace has experienced much consolidation over the past decade-plus. According...
Thompson Thrift Launches Seventh Multifamily Development Fund
October 3, 2024
Thompson Thrift, a full-service national real estate company, announced the launch of Thompson Thrift 2025 Multifamily Development, LP. The offering...
Former Allen C. Ewing & Co. Managing Director Joins IBN Financial Services
October 3, 2024
IBN Financial Services Inc. announced Vince Thomas has joined the broker-dealer as a financial adviser with VGT Enterprises Inc. Most...
LPL Financial Fires CEO Dan Arnold ‘for Cause’ Following Investigation
October 2, 2024
LPL Financial Holdings Inc. (Nasdaq: LPLA) today announced that its board of directors has terminated the company’s Dan H. Arnold,...
LPL Completes Acquisition of $100 Billion-Asset Atria Wealth Solutions
October 2, 2024
LPL Financial Holdings Inc. (Nasdaq: LPLA), together with its subsidiaries, including LPL Financial LLC announced the close of its acquisition...
TD Securities Ordered to Pay $28 Million in Spoofing Settlements
October 2, 2024
Broker-dealer TD Securities (USA) LLC, has been sanctioned by multiple U.S. government entities for manipulating the U.S. Treasury cash securities...
Mercer Advisors Acquires Two RIAs With Nearly $1 Billion AUM Combined
October 2, 2024
Mercer Global Advisors Inc., a national registered investment adviser with $63 billion in client assets, announced the acquisition of two...
RealSource Properties REIT Reports $13.20 NAV Per Share, a 2.86% Increase
October 2, 2024
RealSource Properties Inc. REIT, a $573 million private multifamily real estate investment trust, calculated its net asset value stands at...
Invesco Commercial REIT Declares $0.15 Special Distribution Across Majority of Share Classes
October 1, 2024
Invesco Commercial Real Estate Finance Trust Inc., a perpetual life real estate investment trust focused on private credit secured by...
Cove Capital Fully Subscribes Eastwood Village DST Offering in Birmingham, Ala.
October 1, 2024
Cove Capital Investments LLC, a Delaware statutory trust sponsor company, announced that its Regulation D Rule 506(c) Eastwood Village Opportunity...
SEC Charges Trio in N.Y. Metropolitan Area for $120 Million Pre-IPO Fraud Scheme
October 1, 2024
The U.S. Securities and Exchange Commission charged John LoPinto, Robert Wilkos, and Laren Pisciotti for their roles in a fraudulent...
Links Car Wash Appoints EVP of Capital Markets, Names $50 Million Primary Offering
October 1, 2024
Car wash platform Links Car Wash recently named Marlene Arteta as executive vice president of capital markets. She is leading...
