Kestra Financial Names Head of Wealth Management as Next President
January 13, 2025
Wealth management platform Kestra Financial announced that John V. Amore, the firm’s current head of wealth management, will assume the...
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
Robinhood B-Ds to Pay $45M in Combined Penalties for 10 Separate Securities Law Violations
January 13, 2025
The U.S. Securities and Exchange Commission today announced that broker-dealers Robinhood Securities LLC and Robinhood Financial LLC (collectively, Robinhood) have...
FINRA Sanctions Newbridge Securities Again, This Time for Margin Practices
January 13, 2025
Newbridge Securities Corporation, a Florida-based investment firm, has been censured and fined $60,000 by the Financial Industry Regulatory Authority for...
Delaware Statutory Trust Offerings Raise Nearly $5.66 Billion in 2024
January 12, 2025
Delaware statutory trust offerings just exceeded Mountain Dell Consulting’s $5.5 billion equity raise prediction for 2024. DSTs raised nearly $5.66...
Stanger: Interval Funds Finish 2024 Just Shy of $100 Billion of Aggregate NAV
January 12, 2025
Interval funds had a combined aggregate net asset value of $97.5 billion as of the fourth quarter of 2024, an...
RealSource Properties REIT Attributes End-of-Year NAV Decline to Ohio Property
January 12, 2025
RealSource Properties Inc. REIT, a multifamily real estate investment trust launched in May 2021, has recently declared its latest net...
Coldstream Combines With Seattle-Based Accounting Firm and RIA to Exceed $11B AUA
January 12, 2025
Coldstream Wealth Management, an employee-owned registered investment adviser, announced that Seattle-based financial services firms Harrison Berkman Claypool & Guard, or...
Greenwood Star Hires Red Oak Capital’s Former VP of Capital Markets
January 12, 2025
Greenwood Star Holdings LLC – a vertically integrated real estate company specializing in the acquisition, management, and disposition of multifamily...
Novogradac Working Group Urges Trump Transition Team to Strengthen OZ Incentive
January 9, 2025
A letter from the Novogradac Opportunity Zones Working Group to incoming President Donald Trump’s transition team and the nominee for...
IPC REIT OKs 17.7% Increase in Distribution to Stockholders to Kickoff 2025
January 9, 2025
IPC Alternative Real Estate Income Trust Inc. – a non-traded real estate investment trust sponsored by Inland – authorized a gross...
FINRA Fines CIM Securities $70,000 for Multiple Securities Violations
January 9, 2025
CIM Securities LLC, a New Jersey-based independent investment bank, has been censured and fined $70,000 by the Financial Industry Regulatory...
Sanctuary Wealth Recruits $700M International Firm, Formerly With Truist
January 9, 2025
Independent broker-dealer Sanctuary Wealth added Hillguard Wealth Management as its latest partner firm, part of Sanctuary Global. Formerly with Truist...
ARCTRUST Names Assistant VP of Wholesaling Support and Operations
January 9, 2025
ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Companies, has brought on Alex Evans as assistant...
Capital Square Delivers 152% Total Return to DST Investors in UPREIT Transaction
January 8, 2025
Capital Square, a sponsor of tax-advantaged real estate investments, has sold Mayton Transfer Lofts, a 223-unit multifamily community in Old...
JLL REIT Closes Real Estate Loan; Sponsor Completes $100M Equity Investment
January 8, 2025
JLL Income Property Trust – a daily net asset value, non-traded real estate investment trust with approximately $6.6 billion in...
FSI Announces 2025 Board of Directors, Executive Committee
January 8, 2025
The Financial Services Institute announced four new directors to its board and the 2025 executive committee. The new members of...
Stratos-Affiliated RIA Reorganizes to 100% Employee-Owned Model
January 8, 2025
Independent wealth manager Pettinelli Financial Partners has completed a multiyear strategic realignment, with the goal of elevating the service experience...
FINRA Fines Frazer Lanier $125K for Political Contribution Violations
January 8, 2025
The Financial Industry Regulatory Authority has censured and fined municipal securities dealer Frazer Lanier Company, Incorporated, $125,000 for failing to...
Inland Investments Announces New Executive Structure for 2025
January 7, 2025
Inland Real Estate Investment Corporation, or Inland Investments – an industry leading real estate investment manager – announced its new...
Peachtree Group Names Industry Veteran as SVP of National Accounts
January 7, 2025
Josh Rubinger has joined investment management firm Peachtree Group as senior vice president of national accounts for its broker-dealer affiliate,...
