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...
Mari Nicholson
Mari Nicholson is the managing editor of Alts Wire. 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 Alts Wire 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
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,...
Asset Manager Wellington Management Launches First Interval Fund
January 7, 2025
Wellington Management, one of the world’s largest privately owned asset managers with more than $1 trillion under management, announced the...
Carson Group Expands Partnership With Cedar Rapids, Las Vegas Offices
January 7, 2025
Wealth advisory firm Carson Group, with $38 billion in assets under management, has fully acquired Carson Wealth Cedar Rapids, including...
NexPoint Expands Self-Storage Platform With Launch of Sixth Storage DST
January 6, 2025
Alternative investment firm NexPoint announced the launch of NexPoint Storage VI DST, a $45 million Delaware statutory trust offering that...
Mill Green Capital Begins Partnership With Prosper Multifamily
January 6, 2025
Mill Green Capital has begun the new year with a new partnership: Prosper Multifamily. Founded by Jeff Sherman and Stuart...
Linsco by LPL Financial Adds Adviser Serving $280 Million in Assets
January 6, 2025
Financial adviser John Somerville has joined LPL’s employee adviser channel, Linsco by LPL Financial, to launch Somerville Wealth Management. He...
Bluerock High Income Institutional Credit Fund Reports 13.7% 2024 Total Return
January 5, 2025
Bluerock High Income Institutional Credit Fund, an income-focused interval fund with a portfolio comprised of pools of diversified collateralized loan...
Prospect Capital Corporation Updates Preferred Stock Series Offerings
January 5, 2025
Prospect Capital Corporation (NASDAQ: PSEC), a publicly traded business development company, has expanded its offering of up to 90 million...
SEC Charges Recidivist for Defrauding Investors Via False, Misleading Statements
January 5, 2025
The U.S. District Court for the Southern District of New York entered a consent judgment on Dec. 30, 2024, against...
Invesco Commercial REIT Revises Stockholder Servicing Fee Cap for Broker-Dealer
January 5, 2025
Invesco Commercial Real Estate Finance Trust Inc., a perpetual life real estate investment trust focused on private credit secured by...
Cetera Networking Agreement to Bolster New England Credit Union Investor Program
January 5, 2025
Lighthouse Credit Union entered into a networking agreement with Cetera Financial Institutions late last month in the delivery of Lighthouse...
RREEF Property Trust Meets Only a Quarter of Redemption Requests in December
January 2, 2025
RREEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, met...
