F.L.Putnam, a Lynnfield, Mass.-based RIA with over $11 billion in assets under management, has secured a new minority investment from Bixby Wealth Solutions, an arm of Moontower Group. The RIA will continue to be run by the same leadership team, including CEO Tom Manning, who will also maintain majority ownership along with firm employees. Emigrant […]
New York Attorney General Letitia James has voiced strong concerns about the Digital Asset Market Clarity Act, commonly known as the CLARITY Act, arguing that the federal proposal risks weakening the capacity of states to combat cryptocurrency-related fraud and protect investors. In written testimony submitted to the Senate Homeland Security and Governmental Affairs Permanent Subcommittee […]
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Consumer confidence slumps in July – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising and analytics partners. Not […]
Something clicked for Miguel Marquez when a job opportunity brought him to Campina Grande, Brazil. The professor was earning roughly the same amount he had made while living in Bloomington, Indiana, but the lower cost of living allowed him to save significantly more. “I managed to save 10 or 12 times the amount that I […]
While concerns over portfolio concentration risk in today’s market apply to clients across the board, it can be a particularly tricky situation for those who hold most of their wealth in one or two stocks. In addition, with SpaceX undergoing a mega-IPO earlier this summer, and Anthropic and OpenAI soon to follow, there is a […]
Montgomery County lawmakers on Tuesday halted development of large data centers, the latest in a growing wave of moratoriums happening in the D.C. metro area and across the U.S. Bisnow/Emily Wishingrad The Montgomery County Council office building in Rockville The county council voted unanimously to institute an 18-month pause on permits for data centers that demand at least […]
While the major exchanges are still some time away from going live with extended sessions, Canadian retail investors can already trade US equities through the night. Wealthsimple was first. In May 2025, the Toronto-based platform which holds approximately $125 billion in assets under administration became the first financial institution in Canada to offer 24/5 trading […]
Key Takeaways Some CDs offer rates above 4%. Financial institutions operating primarily online often pay attractive CD rates. Interest rate decisions by the Federal Reserve influence CD rates. Interest rates for certificates of deposit have soared in recent years along with rates for savings accounts, mortgages and other financial products. But not all CDs are […]
The Reserve Bank of India (RBI) Governor Sanjay Malhotra has said the Indian rupee is “not overvalued” and can even be seen as undervalued, despite recent pressure on the currency. In a recent interview with The Hindu Businessline, Malhotra said the rupee’s recent weakness is mainly due to global factors such as geopolitical […]