Wavvest Recruits Ex-Schwab Advisor to In-House RIA

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Wavvest, a Chicago-based startup that has built an AI-native operating system for independent wealth managers, has added Vinnie Maliakkal, a former Charles Schwab vice president, as managing director and founding advisor to its in-house registered investment advisor. Chicago-based Maliakkal spent the last 11 years at Schwab, where he managed $1.4 billion in client assets for […]

Cocoa Prices Supported by Adverse West African Weather

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September ICE NY cocoa (CCU26) today is up +39 (+0.68%), and September ICE London cocoa #7 (CAU26) is up +27 (+0.64%). Cocoa prices extended their sharp three-week-long rally today, posting 6-month highs.  Cocoa prices have rallied sharply over the past three weeks as heavy rains in the Ivory Coast and Ghana have flooded roads, cutting […]

Axos to buy San Francisco fintech and its AI technology

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Key takeaway: Buying Arc will give Axos access to thousands of early-stage and mid-market tech firms, as well as valuable AI technology the bank can use to sharpen its small business-product set.  Supporting data: The deal comes about three months after Capital One closed its $5 billion acquisition of Brex, which has an AI-native payments […]

Rental Affordability: ‘The Pendulum Has Finally Swung’

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For around five years, individuals renting homes struggled to find relief. Rental rates increased more rapidly than salaries, resulting in apartment hunters participating in competitive bidding for average units. Vacancy levels remained close to all-time lows, and the perks that usually made leases more appealing largely disappeared as landlords retained control. At the peak of […]

Rupee posts biggest single-day gain in three weeks on debt inflows | Finance News

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The rupee on Tuesday recorded its biggest single-day gain in three weeks as foreign inflows continued into debt, with muted dollar demand from oil firms providing support, dealers said.  The domestic currency closed at 94.97 against the US dollar, appreciating 0.46 per cent from the previous close of 95.40. This was the rupee’s […]

Meet the Developers Behind the Pfizer Building Conversion

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New York City turned its eyes towards the former Pfizer building in Midtown East Tuesday morning, but not for the reason the developers would’ve hoped. Reports emerged before 8 a.m. of debris falling from the construction site at 235 East 42nd Street, arguably the country’s most notable office-to-residential conversion post-pandemic to unfold. As of midday, […]

Servicing, Processing Support, AI Tools ; Lenders Focusing on Consumers; Thoughts on UAD 3.6

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Servicing, Processing Support, AI Tools ; Lenders Focusing on Consumers; Thoughts on UAD 3.6 During a recent trip overseas, I spoke to a banker who stated, “Technology doesn’t stop at the border.” True. The days of writing out this Commentary or taking an app on a yellow pad of paper are long gone. […]

SEC Proposes Rescission of Climate-Related Disclosure Rules

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The Securities and Exchange Commission today proposed the rescission of overly burdensome and costly rules that require companies to provide certain climate-related information in their registration statements and annual reports. The Commission’s proposal focuses on returning the agency to its core mandate – in line with its legal authority – and restoring a materiality-focused approach […]

Credible Overview: Features, Pricing, and More • Benzinga

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Credible, is known for bringing clients like you the necessary simplicity, choice and unbiased support for all of the important financial decisions life can bring you. Keep reading Benzinga’s review of this online platform and its lending partners to get the lowdown on the types of loans it offers as well as its exclusive perks.  […]

A Free & Customizable Open House Sign-In Sheet Template – RealTrends

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Open houses can be a goldmine for potential leads and a great way to showcase your listings. But let’s face it – getting visitors to sign in can sometimes feel like pulling teeth. People are increasingly hesitant to hand over their personal details. Sign-in sheets are crucial for your business and for everyone’s safety. In […]