wealth mangement

Advisor Upside

Wealthtech Booms as Ethic Lands $64M in Funding

Photo via Connor Lin / The Daily Upside

The round was led by State Street Global Advisors and will go toward building out Ethic’s accounts and model portfolios.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Ppart and Peshkov via iStock

Advisor Upside

Advisors Want In on Private Credit. Should They?

The next frontier for private credit may be the mass market where fund managers are launching new products, like exchange-traded funds.

3 min read
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Advisor Upside

Citi Shakes Up Again After Private Bank Exec Departs

The bank is restructuring the unit that caters to some of its wealthiest clients, according to an internal memo.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Gzorgz and iLexx via iStock

Industry News

AI Won’t Replace Advisors. But It Will Transform the Industry.

AI won’t treat us to a round of golf to discuss investment strategies. But the technology is already a game changer for financial advisors

5 min read

Advisor Upside

CI Financial to be Taken Private in Deal with Mubadala Capital

Photo via Connor Lin / The Daily Upside

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

1 min read

Advisor Upside

Just 22% of Advisors Charge for Financial Planning

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Advisors that offer comprehensive services can also manage four times more in assets than their peers, according Cerulli Associates.

1 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

Creative Planning Sells Minority Stake to TPG

TPG acquired a minority stake in one of America’s largest independent wealth managers, which could put the advisor’s valuation at $15 billion.

1 min read

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