Earlier this year, AE Wealth Management brought on Shannon Larson, a former Osaic executive, as its new president. At Osaic, Larson’s leadership helped scale the firm to $230 billion through different strategies. Now, AE Wealth is hoping she’ll help achieve its goal of $250 billion in managed assets by 2035. The RIA just hit its…
Markets are starting to care about the 2026 midterm elections, which loom 10 weeks away and could rip full control of Congress from President Donald Trump and the Republican Party. Democrats are favored to win at least one chamber of Congress come November, leading the generic ballot by roughly 6 percentage points according to FiftyPlusOne,…
America’s relationship with government debt is what the psychologists call co-dependency. We can’t live with it; we can’t live without it. We know it cannot last forever, but we love the benefits of government debt so much that we can’t leave it behind. After six decades helping families and business owners manage their liabilities and…
The private markets secondary market reached a record $121 billion in the first half of 2026, as asset managers increasingly used continuation vehicles to retain ownership of high-conviction “trophy” assets, according to a report by Bloomberg citing date from Evercore. Manager-led transactions accounted for 54% of secondary deal volume during the period, marking the first…
A tractor-trailer rollover sent a truckload of squid spilling onto a Rhode Island roadway, leaving a stench as they sat in the road for hours in the summer heat. Local authorities have dubbed it the “Squidpocalypse of ’26.” It was a warm, sunny day in the coastal town of Narragansett when the spill happened Sunday,…