Core Viewpoint - The article discusses the rise of low-cost quantitative systems promoted by third-party advisory companies through live streaming, highlighting the potential risks and misleading nature of these products [2][9][11]. Group 1: Market Trends - A surge in the popularity of low-priced quantitative systems has been observed, with promotional strategies like "low-price lead generation" and "limited-time offers" being commonly employed [4][3]. - Live streaming sessions often attract large audiences, with some broadcasts reporting viewership exceeding 140,000 [3][7]. Group 2: Product Characteristics - These quantitative systems are marketed as tools that utilize AI algorithms to track market trends and main capital flows, but their actual functionality is often limited to stock recommendations without substantial analytical backing [9][10]. - The systems typically offer a simple purchasing process, emphasizing ease of use for novice investors, and often include promises of full refunds if the service does not meet expectations [7][9]. Group 3: Comparison with Traditional Tools - There is a significant distinction between these third-party quantitative systems and legitimate AI advisory tools provided by brokerage firms, which offer comprehensive investment support and personalized wealth management services [10]. - The third-party systems primarily focus on stock recommendations, lacking the depth and analytical rigor of professional tools, which are designed to assist investors throughout the entire investment process [10]. Group 4: Consumer Feedback and Risks - Many user testimonials in live streams appear to be fabricated or from accounts with no prior activity, raising concerns about the authenticity of positive feedback [11]. - Numerous investors have reported negative experiences with these systems, describing them as scams and expressing dissatisfaction with the lack of transparency regarding the underlying algorithms [11].

The group met at the Stein Eriksen Lodge in Deer Valley from July 8 to 10, with an agenda headlined: “Employee Ownership Summit: Redefining Independence.” A welcome packet included a letter from Francais, a box of chocolates and a white baseball cap that read, “100% EO / Redefining Independence.”He ended up with 22 firms, all of which met the $3 billion asset threshold, were 100% employee-owned, and were fee-only fiduciaries serving individuals, not institutions. They hailed from 16 states, managing a total ...

Core Insights - The 2025 Guangzhou Investment Advisory Conference is set to take place on November 26-27, focusing on the theme "Deepening the Bay Area, Building an Ecological Community, and Coexisting Value" [1][2] - The event has seen significant interest, with over 800 participants registered, marking a 60% increase from the previous year, reflecting the industry's recognition of the value of investment advisory services [2] Industry Overview - The conference is supported by key financial institutions and aims to establish Guangzhou as a leading hub for investment advisory services, leveraging local policies that promote the sector [2] - Guangzhou has implemented a comprehensive policy framework, including the "Investment Advisory Ten Measures," to enhance the investment advisory ecosystem [2] Conference Agenda - The main conference will feature the release of the "AI Investment Advisory Ten Measures," providing policy support for AI-driven advisory services [4] - A report titled "China Fund Investment Advisory Customer Behavior Insight Report (2025)" will be launched, offering data on user experience and satisfaction [4] - The Guangzhou Investment Advisory Academy will present the "China Buy-side Investment Advisory Blue Book 2025," summarizing industry trends and best practices [4] Key Speakers and Discussions - Notable industry leaders will discuss critical topics such as account management upgrades and the implementation of buy-side thinking [5] - Roundtable discussions will address challenges in transitioning from product sales to advisory services and fostering collaboration across institutions [5] Specialized Sessions - The conference will include specialized sessions focusing on various aspects of the investment advisory industry, such as pension finance, talent development, product configuration, and AI transformation [6] - Experts will share insights on how investment advisory can support pension management and address the talent gap in the industry [6] Future Outlook - The evolution of the conference themes from "Buy-side Positioning" to "Deepening the Bay Area" reflects the industry's shift towards practical implementation and high-quality development [7] - The event aims to facilitate collaboration among over 800 industry professionals to address transformation challenges and promote the development of Guangzhou as a leading investment advisory city [7]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Beacon Pointe Advisors, a Newport Beach, Calif.-based registered investment advisor, has grown its client asset base to about $55 billion with its acquisition of Hemington Wealth Management, a Falls Church, Va.- and Chicago-based RIA with about $1.2 billion in client assets. This represents Beacon Pointe’s 12th deal this year, and its fifth female-led team.  Hemington focuses on serving hig ...

NEW YORK--(BUSINESS WIRE)--JLens, a Registered Investment Advisor affiliated with ADL (the Anti-Defamation League), today announced the appointment of four new members to its Board of Directors, strengthening JLens's expertise in advancing shareholder advocacy for the Jewish community. The new members include Michael Lustig, an Adjunct Professor of Finance at New York University Stern School of Business and former Managing Director at BlackRock, and Rachel Schnoll, CEO of Jewish Communal Fund a. ...

Core Insights - U.S. Global Investors, Inc. reported a net income of $1.5 million for the quarter ended September 30, 2025, marking a return to profitability and a 378% increase compared to the same quarter in 2024 [1][16] - The company's investment income reached $2.3 million, reflecting a nearly 300% increase from the previous quarter and a 148% increase year-over-year [1][16] - Average assets under management (AUM) were $1.4 billion, slightly up from $1.3 billion in the previous quarter but down from $1.5 billion a year earlier [2][16] Financial Performance - Total operating revenues for the first quarter of fiscal 2026 were $2.3 million, up 15% from the previous quarter and 4% higher than the same quarter last year [1][15] - The company's shareholder yield as of September 30, 2025, was 8.32%, approximately double the yield on five-year and ten-year Treasury bonds [2] Market Trends - Gold prices surged 47% year-to-date through September 2025, driven by economic and geopolitical issues, leading to significant inflows into gold mining funds [3] - The third quarter of 2025 saw inflows of $5.4 billion into gold mining funds, the highest for a single quarter since December 2009 [3] Fund Performance - The company's gold mining and natural resource funds experienced positive fund flows in the quarter ended September 30, 2025, reversing the negative trend from the same period in 2024 [4][6] - The company offers three investment vehicles for exposure to the gold mining industry: USERX, UNWPX, and GOAU [10] Strategic Outlook - The CEO highlighted that gold miners ranked as the number one investment theme for 2025 according to Bank of America, amid record global debt of $338 trillion [7][11] - The company maintains a share repurchase program, allowing for the annual purchase of up to $5 million of its outstanding common shares [12] Liquidity Position - As of September 30, 2025, the company reported net working capital of approximately $37.2 million, with $24.6 million in cash and cash equivalents, indicating strong liquidity [13]

Core Insights - Millani Inc. is participating in the inaugural Canada Climate Week Xchange (CCWX) to host an event focused on mining for economic resilience and energy transition [1][2] - The event aims to address critical challenges and opportunities in Canada's resource sector, emphasizing sustainable practices and Indigenous engagement [1][2] - Millani's role includes fostering dialogue among stakeholders to enhance Canada's economic resilience and job growth through strategic partnerships and long-term planning [1] Event Details - The event "Strengthening Canada's Future: Mining For Economic Resilience And The Energy Transition" will take place during CCWX 2025 from November 24 to November 30, 2025 [2] - The format of the event includes a context-setting session, a panel, and roundtable discussions [1] Company Overview - Millani Inc. provides responsible investing and corporate sustainability advisory services, focusing on ESG integration and impact [4] - The company has established itself as a partner of choice for institutional investors and corporations over the past 16 years, helping to integrate material ESG issues into investment strategies [5] - Millani's client-centric approach emphasizes practical implementation and independent advice, positioning the company uniquely in the Canadian market [6]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Modern Wealth Management, a $10 billion registered investment advisor co-founded by former United Capital executives, has appointed Derek Bruton as head of mergers and acquisitions.  Bruton joins Modern Wealth from executive recruiting firm and M&A consultancy Gladstone Group, where he oversaw RIA sell-side transactions and led the strategic growth consulting division. His past experience i ...

Core Insights - Wealth Enhancement has acquired Wise Wealth, marking its 100th acquisition and increasing its total client assets to over $125 billion [1][3] - Wise Wealth brings $464 million in client assets, enhancing Wealth Enhancement's portfolio [1] - The acquisition allows Wealth Enhancement to expand its service offerings and resources for clients [4] Company Overview - Wise Wealth, founded in 2007, operates in the greater Kansas City area with offices in Lee's Summit, Rolla, and Liberty [2] - The firm has a team of six advisers and six support staff, led by president and founder Stephen Stricklin [2] - Wise Wealth specializes in tax, financial, legacy planning, investment management, and retirement planning, primarily targeting retirees and those nearing retirement [2] Leadership and Future Plans - Stephen Stricklin will continue to lead the Wise Wealth team post-acquisition [3] - The partnership aims to enhance the mission of helping clients "give, serve, and enjoy life" as part of the GSEL Team at Wealth Enhancement [3] - Wealth Enhancement's chief strategy officer emphasized the benefits of additional resources for the Wise Wealth team to better serve clients [4]

Core Insights - Eric Brotman, CEO and founder of BFG Financial Advisors, is stepping down to focus on the firm's growth, with a planned internal succession rather than an acquisition [1][3] - The firm is on track to reach $1 billion in client assets by early 2026, aided by its third acquisition [3] - Brotman has been gradually selling shares to junior shareholders since 2003 to ensure a sustainable transition and to empower employees [2][3] Company Structure and Succession - Lena Nebel, the former president and COO, will assume the CEO role, while Brotman will become the chief growth officer [3] - BFG Advisory has 23 employees, with Brotman owning approximately 52% of the firm and Nebel holding 27% [5] - Shareholder votes are required for decision-making, preventing unilateral actions by Brotman or smaller shareholders [5] Industry Context - Many small to mid-tier firms lack a written succession plan, highlighting a gap in the industry [4] - There are RIA aggregators and consultancies offering succession tracks with external capital, indicating a growing market for succession planning [4] - Brotman emphasizes the importance of legacy and employee involvement in the firm's future, contrasting with the trend of selling to private equity [5]