RIA Roundup: CI Financial Sells Stake in Boston RIA to Pay Down Debt
More than $5B in transacted assets was announced this week as Captrust, Allworth, Wealth Enhancement Group, Sanctuary and MAI all made M&A moves.
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More than $5B in transacted assets was announced this week as Captrust, Allworth, Wealth Enhancement Group, Sanctuary and MAI all made M&A moves.
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Allworth Financial said it has acquired a Kansas-based advisory firm, McDaniel Knutson Financial Partners, with $506 million in assets.
A bitcoin IRA is a self-directed individual retirement account allowed to hold cryptocurrencies. They have high fees but allow tax-advantaged profits.
Bitcoin IRA drawbacks include high fees and the responsibility of managing your own account. Not a day goes by without bitcoin being in the news. And given the cryptocurrency's phenomenal price rise, from zero to approximately $32,000 in a little over a decade, you - like many other individual investors - may be tempted to buy in. But how? Actually, you can invest in finance's newest asset via one of its most familiar vehicles: the IRA. Yes, you can buy bitcoin for a good old individual retirement account. Cue the excitement? Maybe. In many ways, bitcoin investments are well-suited to an IRA....