Investment management

Tom Siomades Joins AE Wealth Management as Chief Investment Officer

Retrieved on: 
Wednesday, June 26, 2019
Finance, Money, Economy, Investment management, Financial management, Stock market, Wealth management, Registered Investment Adviser, Investment advisory, Fortigent, Advisors Asset Management

TOPEKA, Kan., June 26, 2019 /PRNewswire/ --AE Wealth Management announces that Tom Siomades has been named Chief Investment Officer.

Key Points: 
  • TOPEKA, Kan., June 26, 2019 /PRNewswire/ --AE Wealth Management announces that Tom Siomades has been named Chief Investment Officer.
  • AE Wealth Management provides practice management resources and investment solutions to enable independent advisors across the country to continually serve clients better and increase assets under management.
  • AE Wealth Management is one of the fastest-growing registered investment advisory (RIA) firms in America, offering an open-architecture platform of investment solutions and practice management resources that independent financial advisors can use to help their clients work towards their financial goals.
  • AE Wealth Management oversees approximately $7 billion in total platform assets, including $5.6 billion in regulatory assets under management, as of April 30, 2019.

 Principal Launches Diversified, Real Asset Interval Fund

Retrieved on: 
Wednesday, June 26, 2019
Professional services, Construction & Property, Finance, REIT, Banking, Finance, Economy, Money, Investment management, Actuarial science, Asset allocation, Liongate Capital Management

Principal Global Investors today announced the launch of its first interval fund, the Principal Diversified Select Real Asset (DSRA) fund, which primarily invests in private real assets, including infrastructure, natural resources, and real estate.

Key Points: 
  • Principal Global Investors today announced the launch of its first interval fund, the Principal Diversified Select Real Asset (DSRA) fund, which primarily invests in private real assets, including infrastructure, natural resources, and real estate.
  • Principal Diversified Select Real Asset Fund is distributed by Principal Funds Distributor, Inc.
  • Principal Portfolio Strategies is a specialized asset allocation boutique within Principal Global Investors, the investment adviser to the fund.
  • Principal, Principal and symbol design and Principal Financial Group are trademarks and service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

Capitect Named a Two-Time Finalist in the 2019 wealthmanagement.com Industry Awards Program

Retrieved on: 
Wednesday, June 26, 2019
Economy, Finance, Money, Financial management, Investment management, Stock market, Wealth management

LOS ANGELES, June 26, 2019 /PRNewswire-PRWeb/ -- Capitect, an innovative advisor technology platform, announced today that it has been named a finalist in two categories in the prestigious 2019 wealthmanagement.com Industry Awards Program.

Key Points: 
  • LOS ANGELES, June 26, 2019 /PRNewswire-PRWeb/ -- Capitect, an innovative advisor technology platform, announced today that it has been named a finalist in two categories in the prestigious 2019 wealthmanagement.com Industry Awards Program.
  • Additionally, Capitect's Chief Technology Officer, Greg Yee was shortlisted as a finalist for CTO of the Year.
  • "Capitect's Portfolio Architect enables advisors to go above and beyond simple model portfolios by delivering personalized portfolios unique to each client," said Edwin Choi, CEO of Capitect.
  • "Capitect is experiencing growing momentum in the wealth management space and we are extremely honored to be named a finalist again this year," said Choi.

Dan Oneglia to Join Blackstone’s GSO as Co-Head of Distressed Investing

Retrieved on: 
Wednesday, June 26, 2019
Banking, Professional services, Finance, Finance, Investment management, GSO Capital Partners, Money, Distressed securities, Blackstone, Blackstone GSO

Blackstone (NYSE: BX) today announced that its global credit platform, GSO Capital Partners (GSO), has hired Dan Oneglia as a Senior Managing Director and Co-Head of its Distressed Investing business.

Key Points: 
  • Blackstone (NYSE: BX) today announced that its global credit platform, GSO Capital Partners (GSO), has hired Dan Oneglia as a Senior Managing Director and Co-Head of its Distressed Investing business.
  • Dwight Scott, President of GSO, said: Dan's experience in distressed credit and his approach to the broader debt markets make him an ideal fit for GSO.
  • David Posnick, Co-Head of Distressed Investing at GSO, said: Im excited to welcome Dan to Blackstone and look forward to working closely with him on growing our platform.
  • GSO seeks to generate attractive risk-adjusted returns in its business by investing in a broad array of strategies including mezzanine debt, distressed investing, leveraged loans and other special-situation strategies.

William Blair Enhances Its Global Footprint With New Amsterdam Office

Retrieved on: 
Wednesday, June 26, 2019
Finance, Banking, Professional services, Other Professional Services, Finance, Financial services, Economy, Investment banks, Financial management, Investment management, Stock market, Wealth management, Private banks, Investment banking, ING Group

William Blair, a premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced its continued global expansion with the opening of an Amsterdam office.

Key Points: 
  • William Blair, a premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced its continued global expansion with the opening of an Amsterdam office.
  • We have exceptional momentum in our European client advisory business and are committed to continue scaling our business on-the-ground, said Anu Sharma, head of European Investment Banking at William Blair.
  • We already have a long track record of generating exceptional outcomes for Benelux clients, and the opening of our Amsterdam office is aligned with that.
  • William Blair is a premier global boutique with expertise in investment banking, investment management, and private wealth management.

VanEck Is Maximum Bullish Gold

Retrieved on: 
Tuesday, June 25, 2019
Professional services, Mining, Minerals, Natural Resources, Finance, Banking, Finance, Money, Investment, Exchange-traded funds, Precious metals, VanEck, Gold investments, Investment management, Gold as an investment, Bullion, Asset allocation, Market sentiment

Last week, the price of gold spiked above $1,400 per ounce, a level that, according to Joe Foster, Portfolio Manager for the VanEck International Investors Gold Fund (INIVX), signals the beginning of a new bull market for gold.

Key Points: 
  • Last week, the price of gold spiked above $1,400 per ounce, a level that, according to Joe Foster, Portfolio Manager for the VanEck International Investors Gold Fund (INIVX), signals the beginning of a new bull market for gold.
  • If we are correct in calling for a stronger gold market, we expect the equities to significantly outperform bullion.
  • Gold companies carry earnings leverage to rising gold prices that should receive an additional value boost as positive sentiment returns to the sector.
  • VanEcks tactical strategies are also bullish on gold and gold shares, with the largest allocation of the VanEck Vectors Real Asset Allocation ETF (RAAX) currently being to gold.

Family Office Real Estate Summit (Dallas, United States - October 29, 2019) - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 25, 2019
Commercial Building & Real Estate, Construction & Property, Family economics, Investment management, Family office, Tax avoidance, Economy

The "Family Office - Real Estate Summit" conference has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Family Office - Real Estate Summit" conference has been added to ResearchAndMarkets.com's offering.
  • The Annual Family Office Real Estate Summit will be held on October 29th, 2019 in beautiful Dallas, Texas.
  • If you are looking to expand your real estate investor, co-investment or deal flow networks, this event is for you.
  • Richard has spoken at over 150 conferences in 17 countries and has the #1 bestselling book in the family office industry, The Single Family Office: Creating, Operating, and Managing the Investments of a Single Family Office
    Richard C. Wilson help $100M+ net worth families with how to start a family office and one mandate he has is being the CEO/CIO of The Miami Family Office, a $500M AUM single family office.

Solar Capital Partners Adds Senior Investment Professionals

Retrieved on: 
Tuesday, June 25, 2019
Alternative investment management companies, Finance, Financial services, Investment management

NEW YORK, June 25, 2019 /PRNewswire/ --Solar Capital Partners ("SCP") today announced that two senior investment professionals have joined to further expand SCP's capabilities.

Key Points: 
  • NEW YORK, June 25, 2019 /PRNewswire/ --Solar Capital Partners ("SCP") today announced that two senior investment professionals have joined to further expand SCP's capabilities.
  • Solar Capital Partners, LLC ("Solar Capital Partners") is an SEC-registered investment adviser that primarily invests directly in leveraged, U.S. middle market companies in the form of cash flow and asset-based senior secured investments, including first lien, stretch first lien and second lien debt instruments.
  • Currently, Solar Capital Partners, LLC manages approximately $5.5 billion of investable capital across its public and private funds and separately managed accounts, including serving as the investment adviser to two publicly-traded business development companies, Solar Capital and Solar Senior Capital.
  • Solar Capital Ltd. and Solar Senior Capital Ltd.
    View original content to download multimedia: http://www.prnewswire.com/news-releases/solar-capital-partners-adds-seni...

Scivantage Expands Wealthsqope Digital Developer Toolkit to Wealth Management Mobile App

Retrieved on: 
Tuesday, June 25, 2019
Economy, Finance, Money, Financial markets, Financial management, Investment management, Stock market, Wealth management, Millennials, Financial technology, Middleware, Mobile app development

JERSEY CITY, N.J., June 25, 2019 /PRNewswire-PRWeb/ -- Scivantage, a FinTech 100 technology provider of Digital Wealth Management and End-To-End Tax Information Reporting Solutions, recently announced advancement of its Wealthsqope Digital Developer (WSDD) platform, a comprehensive toolkit combining UX widgets and Digital APIs with a middleware layer to help financial institutions quickly advance their digital investment experiences.

Key Points: 
  • JERSEY CITY, N.J., June 25, 2019 /PRNewswire-PRWeb/ -- Scivantage, a FinTech 100 technology provider of Digital Wealth Management and End-To-End Tax Information Reporting Solutions, recently announced advancement of its Wealthsqope Digital Developer (WSDD) platform, a comprehensive toolkit combining UX widgets and Digital APIs with a middleware layer to help financial institutions quickly advance their digital investment experiences.
  • "From millennials to baby boomers, mobile is how investors manage their financial lives, but wealth management firms have traditionally been laggards delivering on mobile applications for their clients," said Joe Stensland, Chief Commercial Officer, Digital Wealth, Scivantage.
  • Expanding WSDD to support mobile applications targets perhaps the most important digital channel for today's investors, providing wealth management digital teams with:
    "Wealthsqope Digital Developer empowers the product teams at wealth management firms with control over their digital experiences, slashing development time and effort by leveraging Wealthsqope's powerful middleware and UX components," added Stensland.
  • Scivantage is a SaaS provider of Digital Wealth Management and full End-to-End Tax solutions (including Cost Basis and Information Reporting).

CAPTRUST Continues Growth of Wealth Management Practice with Addition of Two Firms

Retrieved on: 
Tuesday, June 25, 2019
Economy, Finance, Money, Investment management, Financial management, Stock market, Wealth management, Captrust Tower

RALEIGH, N.C., June 25, 2019 /PRNewswire/ -- CAPTRUST Financial Advisors (CAPTRUST) , one of the nation's leading independent wealth management and retirement plan advisory firms, today announced the addition of McQueen, Ball & Associates and Cornerstone Capital Advisors to its growing team.

Key Points: 
  • RALEIGH, N.C., June 25, 2019 /PRNewswire/ -- CAPTRUST Financial Advisors (CAPTRUST) , one of the nation's leading independent wealth management and retirement plan advisory firms, today announced the addition of McQueen, Ball & Associates and Cornerstone Capital Advisors to its growing team.
  • These transactions bring more than $2 billion of client assets to CAPTRUST and expand the firm's presence in Pennsylvania and Northeast Ohio.
  • Located in Bethlehem, PA, this multidisciplinary team provides financial planning and investment management services for individuals, families, small businesses, and institutions.
  • This rapid growth comes after a strong 2018 for CAPTRUST that saw 21.5% revenue growth and $65 billion in new client assets.