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Goldman's Chief Economist Says Inflation Headed Lower, June Cut Likely

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Economist Jan Hatzius said inflationary trends "still look encouraging."

Baltimore Wants To Sell Hundreds Of Vacant Homes For $1 Each

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The proposal would offer vacant properties to residents who commit to repairing and living in them.

Wentworth Merges With Kingswood Acquisition, Set To Go Public

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The merger paves the way for Wentworth to go public as Binah Capital Group.

Goldman Plots Course To Become A Top Five Model-Portfolio Player

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GSAM is one of several firms looking to make deeper inroads into a booming corner of money management.

BlackRock Ditched By Texas Fund Shows Limits Of Fink Persuasion

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The New York-based firm has repeatedly said that it doesn't boycott the energy industry.

Raymond James Names Shoukry President And Successor CEO To Paul Reilly

by FA Staff

Paul Shoukry, the firm's chief financial officer, will take the CEO reins from Paul Reilly in fiscal 2025.

Six Strategies For Working With Wealthy Women

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Women's growing share of wealth demands the attention of advisors, an RBC Wealth official says.

Investors Remain Optimistic Despite Looming Election, CFP Board Survey Says

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Clients may delay home purchases, but they'll follow their investment plan, the survey found.

Kitces Explains How Advisor Success Evolved Beyond Being A Million-Dollar Producer

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In deciding what kind of firm is best for them, advisors need to know themselves, Michael Kitces says.

Caprock Buys Boutique Advisory Grey Street Capital, In First Acquisition

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With $9 billion in assets, Idaho-based Caprock is now starting to expand through acquisitions.

Genesis To Pay $21M To Settle SEC Charges Its Crypto Lending Program Was Unregistered

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The embattled firm promised interest payments on crypto assets it borrowed before the crypto collapse of 2022.

Embracing The Evolution Of Female Breadwinners: Implications For Financial Advisors

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Financial advisors play a crucial role in supporting and empowering female breadwinners to achieve their financial goals.

The SAT's Return Has Frantic Parents Hiring $500-An-Hour Tutors

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Some elite universities have pivoted back to mandatory testing.

Blackstone Billionaire Tony James' Family Office Spawns New Firm

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Madison River Capital is seeking about $400 million for its first fund.

Calpers To Boost Private Assets By Over $30B, Move Away From Stocks

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The $490 billion pension fund adopted the new asset mix following a mid-cycle market review.

Ultra-Wealthy Are Souring On Chicago's Most Elite Neighborhood

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The historic Gold Coast has lost some of its most illustrious residents.

BofA CEO Says Commercial Real Estate Will Be 'Slow Burn'

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The banking industry is gradually working through the sector's issues, he said.

A Big Question For Small Advisors--Why Sell Now?

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Here are some questions to consider if you are an owner of an RIA with $500 million or less in client assets.

Hedge Fund Veteran Pitches First-Ever CO2 Risk Transfers

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Banks face growing pressure from regulators to slash their financed emissions.

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