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Forbes· 2026-02-17 18:00
Despite Fear Over AI Job Cuts, Blackstone Is Building A 450-Person Private-Wealth Army As It Eyes $1 Trillion https://t.co/2M5Yiv13Ec (📸: Courtesy of Blackstone) https://t.co/JOU00uM7fm ...
First Northern Bank Acquires Beacon Wealth Strategies
Businesswire· 2026-02-17 17:53
Core Insights - First Northern Bank has acquired Beacon Wealth Strategies, enhancing its wealth management services and increasing assets under management [1] - Tom Cicchini, founder of Beacon Wealth Strategies, will join First Northern Advisors during the transition period before his retirement on June 30, 2026 [1] - The acquisition aims to maintain personalized wealth management services for clients while ensuring continuity through the experienced team at First Northern Advisors [1] Company Overview - First Northern Bank is an independent community bank established in 1910, headquartered in Dixon, California, serving multiple counties [1] - The bank specializes in relationship banking and offers services in small business, commercial, real estate, and agribusiness lending, as well as mortgage loans [1] - First Northern Bank is recognized as a "5-Star Superior" bank by Bauer Financial and a "Green-3 Star Blue Ribbon" bank by Veribanc [1] Strategic Implications - The acquisition reflects First Northern Bank's commitment to expanding its wealth management services while preserving high levels of personal service and client relationships [1] - Clients of Beacon Wealth Strategies will continue to have their accounts managed through Raymond James, ensuring stability and access to comprehensive investment resources [1] - The addition of experienced professionals like Tom Cicchini is expected to enhance client trust and service continuity during the transition [1]
ARES Signals Strong 2026 Deal Momentum, Reaffirms Growth Targets
ZACKS· 2026-02-17 17:50
Key Takeaways ARES reported record $46B 4Q25 investment and a record-high January 2026 pipeline.Ares Management is expanding its digital infrastructure, launching a $2.4B data center fund.ARES reaffirmed 16-20% FRE growth, more than 20% RI growth and raised its Q1 dividend 20%.At the 34th Annual Financial Services Conference hosted by Bank of America, Michael Arougheti, co-founder and CEO of Ares Management Corporation (ARES) , delivered an optimistic outlook on the firm’s prospects for 2026. Management ind ...
Moody's Strengthens Middle East Footprint With Riyadh Headquarters
ZACKS· 2026-02-17 17:36
Core Insights - Moody's Corporation (MCO) has established a regional headquarters in Riyadh, Saudi Arabia, to enhance its presence in the Middle East and align with Saudi Arabia's Vision 2030 [1][2] - The appointment of Mahmoud Totonji as general manager for the Riyadh headquarters aims to strengthen Moody's partnerships with local institutions and improve access to market intelligence [2][7] - The expansion into the Middle East is part of a broader strategy to diversify revenue sources beyond Western markets and enhance competitive positioning [3][7] Expansion Strategy - Moody's has a history of global expansion through acquisitions and partnerships, including plans to increase its stake in Middle East Rating & Investors Service and acquiring ICR Chile to bolster its Latin American presence [4][5] - The acquisition of Global Credit Rating Company Limited in 2024 and SCRiesgo in 2023 further solidifies Moody's reach in Africa and Central America, respectively [5] Market Performance - Over the past six months, Moody's shares have decreased by 8.7%, while the industry has seen a decline of 10.8% [6]
11 Investment Must Reads for This Week (Feb. 17, 2026)
Yahoo Finance· 2026-02-17 17:30
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. SMAs, Semi-Liquid Funds Set for Strong Growth “SMAs are expected to hit nearly $5 trillion in assets in 2026, reflecting roughly $200 billion in net new flows and an 18% boost from last year, according to a new report by Fuse Research. Tender offer and interval fund assets, meanwhile, are forecast to grow 22%, representing $281 billion in assets.” (FundFire) Buffer ETFs Are Not for Everyone. Here ...
BNY Mellon Investment Adviser, Inc. Announces Portfolio Manager Changes for Municipal Bond Closed-End Funds
Businesswire· 2026-02-17 16:48
BNY Mellon Investment Adviser, Inc. Announces Portfolio Manager Changes for Municipal Bond Closed-End Funds-# BNY Mellon Investment Adviser, Inc. Announces Portfolio Manager Changes for Municipal Bond Closed-End FundsShare---NEW YORK--([BUSINESS WIRE])--BNY Mellon Investment Adviser, Inc. announced changes to the portfolio management teams for BNY Mellon Strategic Municipal Bond Fund, Inc., BNY Mellon Strategic Municipals, Inc. and BNY Mellon Municipal Bond Infrastructure Fund, Inc. (each, a "Fund"). Each F ...
Vanguard Says: This Bond ETF Could Beat U.S. Stocks for Years
Yahoo Finance· 2026-02-17 14:50
Group 1: Market Performance - The U.S. stock market has had a challenging start in 2026, with the S&P 500 index down 0.1% year to date and the Nasdaq-100 index down 2.2% [1] - The Vanguard Total Bond Market ETF (NASDAQ: BND) has outperformed both indices, showing an increase of 0.8% year to date [1] Group 2: Investment Insights - Historically, U.S. bonds have not outperformed U.S. stocks over any 25-year period, according to Deutsche Bank Research Institute [2] - Vanguard's 2026 economic and market outlook is optimistic about bonds, projecting average annual returns of 3.8% to 4.8% for U.S. bonds over the next 10 years, compared to 4% to 5% for U.S. equities [5] - Vanguard emphasizes that high-quality U.S. bonds have the strongest risk-return profile among public investments for the next five to ten years, followed by U.S. value stocks and developed market international stocks [5] Group 3: Technology Sector Outlook - Vanguard suggests that while tech stocks may continue to perform well, there are increasing risks associated with this sector, indicating that more attractive investment opportunities are emerging elsewhere [6] - The forecast from Vanguard serves as a reminder of the importance of diversification, especially given the uncertainty surrounding the continuation of high growth in the tech-heavy stock market [6] Group 4: Bond Investment Strategy - Vanguard's outlook does not specify a particular bond fund but highlights the Vanguard Total Bond Market ETF as a suitable option for accessing high-quality U.S. bonds, which includes 11,444 investment-grade bonds [8]
Bitcoin vs. iShares Bitcoin Trust: The Better Investment for 2026 and Beyond
Yahoo Finance· 2026-02-17 14:20
Despite tanking in the past few months, Bitcoin's (CRYPTO: BTC) trailing-10-year return of 17,000% (as of Feb. 12) is still impressive. This makes it one of the best assets investors could've owned. And now that it's on the dip, maybe it's time to buy. Investing in the spot Bitcoin exchange-traded funds (ETFs) is another popular avenue. BlackRock's iShares Bitcoin Trust (NASDAQ: IBIT) leads the pack. And it currently has $52 billion in assets under management. Where to invest $1,000 right now? Our analyst ...
Dynamic announces February 2026 cash distributions for Dynamic Active ETFs and ETF Series
Benzinga· 2026-02-17 14:00
TORONTO, Feb. 17, 2026 /CNW/ - Dynamic today announced the February 2026 cash distributions for the Dynamic Active ETFs and ETF series units of certain Dynamic Funds (ETF Series) listed on the TSX, which pay on a monthly basis. Unitholders of record on February 24, 2026, will receive cash distributions for the respective Dynamic Active ETFs and ETF Series payable on February 27, 2026. The details of the cash distribution amounts per unit are as follows:For more information about the Dynamic Active ETFs and ...
The Upside To Tariffs In 2026
Seeking Alpha· 2026-02-17 13:52
Core Insights - Lawrence Fuller has 30 years of experience managing portfolios for individual investors and founded Fuller Asset Management to achieve independence [1] - Fuller manages the Focused Growth portfolio on Dub, a copy-trading platform approved by US securities regulators, allowing retail investors to automatically copy chosen managers' trades [1] - The Portfolio Architect group, led by Fuller, focuses on economic and market outlooks to support an all-weather investment strategy aimed at consistent risk-adjusted returns [1] Company Overview - Fuller Asset Management (FAM) is a state-registered investment adviser led by Lawrence Fuller [3] - FAM provides educational content and investment strategies but does not make specific offers for securities or investments [3] - The firm emphasizes that past performance is not indicative of future results and advises consultation with licensed financial professionals [3] Platform Features - The Dub platform offers features such as portfolio construction guidance, an "All-Weather" model portfolio, and a dividend and options income portfolio [1] - Additional resources include daily briefs on current events, weekly newsletters, technical and fundamental reports, trade alerts, and 24/7 chat support [1]