Jefferies flags buying opportunities as Iran conflict reshapes European energy

Coastal Bridge Advisors, a Westport, Conn.-headquartered registered investment advisor, is merging with Memphis-based Waddell & Associates and One Charles Private Wealth, a Hingham, Mass.-based wealth management firm. All three are in the Focus Financial Partners network, and this move builds upon Focus’s consolidation efforts. Waddell & Associates and One Charles are joining Coastal Bridge as…

Key points Summary Fentics’ ALM and capital platform brings assets, liabilities and capital into a single modelling framework for insurers and pension funds Its bottom-up modelling engine builds market and regulatory curves consistently and runs asset pricing, liability valuation, solvency calculations, stress-testing and optimisation The platform supports multiple regulatory and management views — including Solvency…

The council’s baseline scenario has the Federal Reserve delivering at least one rate cut before year end, likely in October, alongside parallel easing from the Bank of England, Bank of Japan, and European Central Bank. US inflation is expected to have peaked near 3.9% in the second quarter. If those conditions play out, the council’s…

Financial advisors had to deal with the rise of the internet, which equipped clients with plenty of questions and sometimes spurious answers. What does the rise of AI now mean for a new generation of advisors and clients? While it initially seemed that chatbots and their instant access to incomparable reams of information might take…

Going self-employed can bring plenty of freedom and flexibility but it also means giving up attractive workplace perks. More than 4.5 million people run their own business. While they may benefit from managing their own schedule and more tax-efficient ways to withdraw cash, such has from a limited company, there are downsides. Research by business…

Montreal-area home sales decreased 8.2% year-over-year in June as the province’s real estate board says the supply of properties on the market rose for the 11th straight month.