New filings with the Securities and Exchange Commission are requesting permission to launch ETFs that hold both public and private assets.
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Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
BlackRock is acquiring HPS Investment Partners in a deal that could increase its private assets under management to $600 billion.
The asset managers are hoping to offer the first private asset ETF and open up alternative investments to the masses.
The Fed’s September rate cut turbo-charged the stock market, but can the market keep up its bull run for 2025?
The massive private-equity investments are causing concerns about its impact on the wealth management industry.
High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.