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Investors should consider an updated inflation-hedging exchange traded fund strategy that could help better cope with the current inflationary pressures.
Inflation has spiked to its highest level in four decades. Traditional inflation hedges, like TIPS or precious metals, aren't cutting it, and investors are concerned about pricing pressures eating away at their portfolios.
Rapidly growing multifamily office Cresset and similar firms have been adding advisors in droves even as wealth managers take them to court.
Anthony Scaramucci is on CNBC with his Hedge Fund trade of the week, and the trade is Seagate Technology (NASDAQ: STX). Scaramucci likes the name because it has a 30% market share in the disk drive network, it has $6 in cash and Scaramucci said that Whitney Tilson, of T2 Partners is also in the... Read More...
UBS team managing $4.8 billion launches RIA The move comes at the closes of 2020, which has seen fewer breakaways exit than previous years, but with higher average AUM December 14, 2020 A team overseeing $4.8 billion in client assets has left UBS Financial Services Co. over the weekend to launch NewEdge Wealth, an independent RIA based in Pittsburgh. The new RIA was formed in partnership with EdgeCo Holdings Inc. and follows the acquisition earlier this year of The Private Wealth Partners, which serves ultra-high-net-worth clients. The UBS breakaways forming NewEdge include Jeffrey Kobernick,...