Rafael Novales

Articles

LPL Lures Las Vegas Wealth Practice from Centaurus

January 31, 2024

LPL Financial has recruited a pair of Las Vegas advisers to its broker-dealer, registered independent adviser, and custodial platforms. David...

Cove Capital Acquires Frito-Lay/PepsiCo Distribution Center for DST Offering

January 31, 2024

Cove Capital Investments LLC, a Delaware statutory trust sponsor company, announced it has completed the purchase of a newly constructed...

SEC Charges $1.7 Billion Crypto Pyramid Scheme Architects With Fraud

January 31, 2024

The Securities and Exchange Commission charged Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) for their involvement...

SoFi Add Alts to Investing Portfolio Offerings

January 30, 2024

Digital personal finance company SoFi announced that SoFi Invest members will now be able to invest in select alternative investment...

NexPoint Securities Names Managing Director to Lead Institutional Growth

January 30, 2024

NexPoint Securities, the distribution arm of alternative investment firm NexPoint, hired Joe LoPresti as managing director of Institutional Products &...

Franklin BSP BDCs Complete Merger

January 30, 2024

Franklin BSP Lending Corporation and Franklin BSP Capital Corporation, non-traded business development companies managed by affiliates of Benefit Street Partners...

Go Store It Debuts CA Facility, Names Chief Investment Officer

January 30, 2024

Go Store It, the self-storage company subsidiary of Madison Capital Group, opened its first facility in California. Located in the Los Angeles-suburb...

Directory Spotlight: StratCap

January 30, 2024

American Healthcare REIT Launches $700 Million Public Offering Priced at $12 to $15 Per Share

January 29, 2024

American Healthcare REIT Inc., a non-traded real estate investment trust formed by the 2021 merger of Griffin-American Healthcare REIT III,...

Leon Capital Hires Former Griffin/Apollo Sales Exec to Lead Capital Formation

January 29, 2024

Leon Capital Group, a diversified holding company with operating businesses in the real estate, healthcare, technology, and financial services industries,...

Bluerock Value Exchange Names Industry Vet as Managing Director

January 29, 2024

Bluerock Capital Markets, a distributor of alternative investment products and the dedicated dealer manager for Bluerock, has hired Gil Savransky...

Former LPL Team with $650 Million in Client Assets Joins Stifel

January 29, 2024

Stofan Agazzi Investments joined Stifel Financial Corp.’s independent contractor broker-dealer subsidiary, Stifel Independent Advisors, LLC.Based in Joliet, Ill., Stofan Agazzi...

Sponsored: Urban Catalyst, Peak Capital Partner to Drive Growth and Success

Non-Traded Alts Fundraising Totaled $73.1 Billion in 2023

January 26, 2024

Non-traded alternative investment fundraising totaled nearly $73.1 billion for 2023, led by non-traded business development companies at $21.2 billion, private...

SEC Charges Ex-Adviser With Defrauding Account Holders

January 26, 2024

The Securities and Exchange Commission charged Jesus Rodriguez with fraud for misappropriating nearly $3.5 million from at least 10 brokerage...

Cohen & Steers REIT Makes First Acquisition

January 26, 2024

Cohen & Steers Income Opportunities REIT Inc., a non-traded REIT sponsored by investment management firm Cohen & Steers (NYSE: CNS),...

SEC Settles Charges Against RIA That Misled PA Public Employees’ Pension Fund

January 26, 2024

The Securities and Exchange Commission settled charges against Aon Investments USA Inc., a Chicago-based registered investment adviser, and the firm’s...