U.S. debt surpassing $40 trillion, global long-term yields spiking and U.S. Treasury Secretary Scott Bessent seeking to intervene have led bond investors to reassess. Private wealth alts products continue to raise funds, although flows into private credit have slowed. These are among the investment must reads for financial advisors this week.
The U.S. announced a new round of strikes on Iran on Monday, hours after President Donald Trump said Washington is “reinstating” a blockade on Iran in the Strait of Hormuz and, in a seeming policy reversal, will charge other ships for safe passage. All of that comes as Iran has insisted it actually controls the critical waterway, and as…
Sean Dempsey, Sheridan Capital Partners Later on Tuesday, Sheridan Capital Partners is expected to announce it has acquired Carolina Components Group (CCG), a provider of custom-engineered bioprocessing assemblies and components used in the manufacturing of biopharmaceuticals, for undisclosed terms, PE Hub can reveal. CCG has named Maurice Phelan as the new CEO. CCG founder John…
Maine Governor Janet Mills has appointed Sandra Darby, an actuary with the Maine Bureau of Insurance, as Acting Superintendent of Insurance effective August 18, 2026. Darby succeeds Tim Schott, who has served as acting superintendent since June 8 when Superintendent Robert Carey retired. According to the announcement, Schott is leaving the insurance bureau to assume…
The following is a guest post from Jason Hershman, founder and fractional CFO of Point. Opinions are the author’s own. FIFA president Gianni Infantino was untouchable two weeks ago. He’d just thrown the most lucrative World Cup ever staged. He’d spent the year collecting world leaders like Panini stickers, inventing a FIFA Peace Prize for…
The insurance and accounting professions have long had professional fraternities for college students pursuing those majors. And about three years ago, Mac Gardner, founder and chief education officer at FinLit Tech, created Mu Nu Upsilon, the first professional fraternity for financial planning. The first active chapter started at the University of South Florida, where he…
The Securities and Exchange Commission announced a new Financial Reporting and Accounting Unit within its Division of Enforcement last week. The SEC’s Enforcement Director described the move as building on work the commission has pursued for decades against wrongdoing in accounting and auditing. Processing Content CFOs should take this seriously, but not overreact to it….
