You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Advisors overwhelmingly look to private market assets to diversify risk in client portfolios, according to the fourth annual survey conducted by alts platform CAIS and financial consultancy Mercer. The survey also found that 90% of advisors currently allocate to alts and 88% plan to increase allocations over the next two years. In addition, almost half of the surveyed advisors (49%) on average a ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. The pace of new investors entering the market has “declined significantly” over the past several years, according to a new analysis conducted by the Financial Industry Regulatory Authority. In this year’s FINRA Foundation’s National Financial Capability Study, researchers found that 8% of investors in 2024 reported beginning to invest within the last two years, compared to 21% who said they’d star ...

Core Insights - Stifel Financial has settled three arbitration claims for nearly $3.4 million related to a former broker's sales of structured notes [1] - The firm is facing ongoing legal challenges, including a significant FINRA arbitration award of nearly $133 million, which Stifel is contesting [2] - There are 17 additional pending cases against Stifel, all involving misrepresentation of structured notes and their unsuitability for clients [3] Company Developments - Stifel has agreed to sell its independent advisor channel, which consists of approximately 110 advisors and $9 billion in client assets, to Equitable [3] - Legal issues may accelerate Stifel's decision to sell its remaining business, with Raymond James being considered as a potential buyer [4][5] - Discussions regarding a potential acquisition of Stifel by Raymond James have taken place, highlighting the compatibility of their core businesses [6] Industry Context - The growth of independent businesses in wealth management is outpacing other financial service channels, making scale a competitive advantage [7]

RT The Block (@TheBlock__)DBS Bank to tokenize structured notes on Ethereum for institutional investors https://t.co/jT4w5EbCQh ...

Tokenization - DBS Bank will tokenize structured notes using Ethereum [1]

Tokenization - DBS Bank 将在 Ethereum 上为机构投资者 Token 化结构性票据 [1]

Tokenization & Blockchain - DBS tokenizes structured notes on Ethereum [1] - This tokenization opens doors to more investors [1]