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Morgan Stanley Wealth Management has launched a new referral arrangement with Galaxy Digital designed to help eligible clients more efficiently integrate digital assets into traditional investment portfolios. The program allows qualified Morgan Stanley clients to lend cryptocurrencies, including Bitcoin, Ether and Solana, to Galaxy and receive shares of exchange-traded products with exposure to spot digital …

A consortium led by KKR, the Kuwait Investment Authority, NVIDIA and Vistra have launched Helix Digital Infrastructure, a new company designed to address growing demand for integrated AI infrastructure solutions by combining data center, power and connectivity development under a single platform. Helix launches with more than $10 billion in capital commitments from its founding …

Morgan Stanley Wealth Management has launched a new referral arrangement with Galaxy Digital designed to help eligible clients more efficiently integrate digital assets into traditional investment portfolios. The program allows qualified Morgan Stanley clients to lend cryptocurrencies, including Bitcoin, Ether and Solana, to Galaxy and receive shares of exchange-traded products with exposure to spot digital …

As artificial intelligence continues to dominate the stock market, investors remain cautiously optimistic about AI and view it as a long-term investment. But some remain concerned about near-term risks, and the role AI plays in financial advice, a new study from asset manager Janus Henderson suggests.  Investors have also expressed skepticism about relying on AI for receiving financial recommendations, citing concerns about data security, bias, and overhyped expectations, according to …

Barings and Pacer ETFs have partnered to launch two actively managed fixed-income exchange-traded funds focused on collateralized loan obligations and secured credit investments. Pending regulatory approval, Barings will serve as sub-adviser for the funds, which are expected to invest in CLO debt, senior secured loans, secured high-yield bonds and other credit opportunities. The ETFs will …

Modern Wealth Management has agreed to acquire Flaharty Asset Management, a Clearwater, Florida-based wealth management firm overseeing approximately $1.1 billion in advisory and brokerage assets, further expanding the firm’s presence in one of its key growth markets. The transaction brings an 18-person team, including nine advisors, to Modern Wealth. Led by Shon Flaharty and Hunter …

U.S. wholesale inflation remained elevated in May as producer prices posted another strong monthly increase, underscoring the challenges facing policymakers as they seek to bring inflation back toward the Federal Reserve’s long-term 2% target. The Producer Price Index for final demand rose 1.1% in May from the previous month, matching April’s revised increase and exceeding …

As Charles Schwab quietly announced its plan to expand into local markets with its Schwab Wealth Advisory branches, fears within registered investment advisory firms are starting to heat up, as they question the motive behind Schwab’s SWA offices.  Currently, Schwab has 20 SWA offices across various markets and aims to open an additional 10 new branches by next year, after initially starting the year with four offices.  To fully support the rollout, Schwab recruited over 200 in-house wealth advisors last …

As Charles Schwab quietly announced its plan to expand into local markets with its Schwab Wealth Advisory branches, fears within registered investment advisory firms are starting to heat up, as they question the motive behind Schwab’s SWA offices.  Currently, Schwab has 20 SWA offices across various markets and aims to open an additional 10 new branches by next year, after initially starting the year with four offices.  To fully support the rollout, Schwab recruited over 200 in-house wealth advisors last …

Modern Wealth Management has agreed to acquire Flaharty Asset Management, a Clearwater, Florida-based wealth management firm overseeing approximately $1.1 billion in advisory and brokerage assets, further expanding the firm’s presence in one of its key growth markets. The transaction brings an 18-person team, including nine advisors, to Modern Wealth. Led by Shon Flaharty and Hunter …

A consortium led by KKR, the Kuwait Investment Authority, NVIDIA and Vistra have launched Helix Digital Infrastructure, a new company designed to address growing demand for integrated AI infrastructure solutions by combining data center, power and connectivity development under a single platform. Helix launches with more than $10 billion in capital commitments from its founding …

Howard Energy Partners has completed two transactions aimed at expanding its integrated midstream platform and deepening its presence across the Midcontinent region. The company recently increased its ownership stake in the Midship Pipeline to 100%, giving it full control of a key natural gas transportation asset serving one of the nation’s most active production regions. …

A consortium led by KKR, the Kuwait Investment Authority, NVIDIA and Vistra have launched Helix Digital Infrastructure, a new company designed to address growing demand for integrated AI infrastructure solutions by combining data center, power and connectivity development under a single platform. Helix launches with more than $10 billion in capital commitments from its founding …

U.S. wholesale inflation remained elevated in May as producer prices posted another strong monthly increase, underscoring the challenges facing policymakers as they seek to bring inflation back toward the Federal Reserve’s long-term 2% target. The Producer Price Index for final demand rose 1.1% in May from the previous month, matching April’s revised increase and exceeding …

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts. The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low …

Stablecoins are on a path from the crypto wallet to the cash register, with a new Deloitte Center for Financial Services report predicting that more than $200 billion in U.S. retail purchases will be stablecoin-enabled by 2030 — representing an estimated 2.5% of all domestic noncash transactions processed through stablecoin-based settlement, funding, or backend infrastructure. …

Morgan Stanley Wealth Management has launched a new referral arrangement with Galaxy Digital designed to help eligible clients more efficiently integrate digital assets into traditional investment portfolios. The program allows qualified Morgan Stanley clients to lend cryptocurrencies, including Bitcoin, Ether and Solana, to Galaxy and receive shares of exchange-traded products with exposure to spot digital …

U.S. wholesale inflation remained elevated in May as producer prices posted another strong monthly increase, underscoring the challenges facing policymakers as they seek to bring inflation back toward the Federal Reserve’s long-term 2% target. The Producer Price Index for final demand rose 1.1% in May from the previous month, matching April’s revised increase and exceeding …