How smaller RIAs can attract deals in today’s cutthroat M&A game

How can smaller RIAs compete against the wealthy serial acquirers who dominate the brutally competitive M&A market? RIA’s top nine acquirers, led by Creative Planning and Mercer Advisors, accounted for half of all M&A transactions in the first half of 2022, according to DeVoe & Co.’s RIA Deal Book. Backed by private equity capital, These … Read more

Stock Market Today: Dow Drops, Twitter Slides as Earnings Season Approaches

text size Investor sentiment seemed bearish as the new week began. Ed Jones/AFP via Getty Images The stock market fell on Monday, following news that China is imposing more Covid-related restrictions. In the morning trade, the Dow Jones Industrial Average it has fallen 133 points, or 0.4%. The S&P 500 down 1% and the Nasdaq … Read more

Cryptocurrency is coming to your credit cards

Cryptocurrencies are a volatile investment today, but card companies, including Visa Inc. and MasterCard Inc. they are betting that one day cryptocurrencies will be used routinely for everyday purchases, from food to clothing to plane tickets, and they don’t want to be left behind when that happens. Consumers can now make payments with cryptocurrencies linked … Read more

The collapse of cryptocurrencies could lead to a wave of mergers and acquisitions

text size Valuations of public crypto firms have fallen by around 70% this year, according to Needham. dream time The cryptocurrency crash is expected to fuel a wave of consolidation in the crypto sector during the second half of this year and into 2023, according to Needham. Valuations of public crypto firms have fallen by … Read more