Financial services
MAI Capital Management, a leading investment and financial planning firm, has expanded its services through the acquisition of Halpern Financial, a fee-only, independent fiduciary and registered investment adviser. The acquisition, which has seen Halpern Financial adopt MAI's brand identity and internal infrastructure, marks MAI's 40th acquisition
Financial services
El Salvador made history by becoming the world's first country to adopt Bitcoin as legal tender on September 7, 2001, sparking a chain of events that has had far-reaching impacts on the global crypto landscape. In addition to providing financial services to the unbanked population, especially in rural
Financial services
The Financial Conduct Authority (UK) has issued a warning against EVERINVST Asset Management, an unauthorised firm targeting UK investors with potential scams. This firm is not registered with the FCA, denying investors access to the Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS) in case of disputes or
Financial services
MAI Capital Management, LLC, a registered investment adviser, has expanded its reach in the wealth management industry through the acquisition of Halpern Financial, a fee-only, independent fiduciary and registered investment advisor. This strategic move enables MAI to offer its clients enhanced services and expertise, leveraging the resources and capabilities of
Financial services
MAI Capital Management, a renowned investment advisory firm, has solidified its presence in the Mid-Atlantic region with the acquisition of Halpern Financial. Founded by Ted Halpern in 1991, Halpern Financial boasts a client base of $1.2 billion in assets under management as of September 30. This strategic move aligns
Financial management
Cleveland-based MAI Capital Management, LLC has expanded its presence in the regional wealth management market through the acquisition of Bolan Capital Management, LLC. The boutique firm, founded in 2009 by Brian Bolan, specializes in investment and financial planning for high-net-worth individuals and families. The acquisition, which was completed on September
Financial management
MAI Capital Management, a registered investment adviser specializing in comprehensive investment and financial planning, has acquired Bolan Capital Management, a boutique wealth management firm founded by Brian Bolan in 2009. The acquisition adds $238 million to MAI's client assets under management (AUM) and marks the firm's
Financial services
The Real Brokerage Inc. has welcomed the high-performing RealD2D Team, led by Duane Richins, a top-producing agent and coach, to its ranks. Richins has brought 40 agents from 13 states to the company, solidifying the RealD2D Team's position as a key player in the real estate market. With
Financial services
Growth in assets at the London-based digital wealth manager is attributed to acquisitions, including the purchase of Profile Pensions, and a swelling client base. The firm's assets surpassed £4bn in the six months to the end of June, representing a 51% increase compared to the same period in
Financial services
As the fintech industry continues to evolve and expand in the US, understanding the regulatory landscape is crucial for businesses to navigate and capitalize on opportunities. Chapter 44 of the International Comparative Legal Guide - Fintech 2024, authored by a team of experts including Franca Harris Gutierrez, Robert Finkel, and
Financial services
SEI Investments Company (SEI) has strengthened its strategic partnership with Diversified, LLC (Diversified), a SEC Registered Investment Advisor, by providing technology, custody solutions, stability, and community support. This partnership has contributed to Diversified's growth, enabling the firm to surpass $2 billion in client assets under management as of
Financial services
SEI Investments Company, a leading global provider of investment processing, asset accounting, and performance measurement solutions, has announced that its Investment Managers business has exceeded $1.5 trillion in alternative assets under administration. This milestone underscores SEI's position as the largest private credit fund administrator by assets globally,
