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Monthly Archives: July 2020

Triad Recruits $130 Million Hybrid

Triad Advisors, a wealth management firm within the Advisor Group network, has added Professional Planning & Wealth LLC to its corporate registered investment adviser...

Guest Contributor: Brace Yourself for a Slow Economic Recovery—What RIAs Need to Know

By: Chris Barnes, chief product officer and managing director of Escalent's Financial Services Research division As the engine of economic growth, American consumers are responsible...

UDF IV Responds to NexPoint, Expresses “Serious Concerns” with Connection to Kyle Bass

United Development Funding IV (OTC PINK: UDFI) has responded to the recent letter from NexPoint Advisors L.P. expressing interest in managing the company. In...

SEC Charges Former Morgan Stanley Advisor with Fraud

The Securities and Exchange Commission has charged former registered representative and investment adviser Michael Barry Carter with fraud for allegedly stealing from brokerage customers...

CNL Strategic Capital Secures Majority Stake in Diabetes-Focused Healthcare Company

CNL Strategic Capital LLC, a publicly registered non-traded limited liability company, has closed an investment in Healthcare Safety Holdings LLC (HSH) and now holds...

LPL Financial Recruits Former First Allied Team

LPL Financial LLC, the nation’s largest independent broker-dealer, has added Kris Staples and Trevor Johnson of Staples Financial to its broker-dealer and corporate registered...

Industrial Property Trust Announces Final Liquidating Distribution

Industrial Property Trust, a publicly registered non-traded real estate investment trust sponsored by Black Creek Group LLC, announced that it would be making a...

Pacific Oak Residential Trust Buys Portfolio of 196 Single-Family Rental Homes in Illinois

Pacific Oak Residential Trust, Inc., a subsidiary of Pacific Oak Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust, has purchased...

Buttonwood Due Diligence Names Former FactRight Manager as General Counsel

Buttonwood Due Diligence LLC, a third-party due diligence firm specializing in alternative investments, has hired Jake Heidkamp as general counsel. Prior to joining Buttonwood, Heidkamp...

Greenbacker Buys 5.9-Megawatt Solar Portfolio

Greenbacker Renewable Energy Company LLC, a publicly registered, non-traded limited liability company and manager of sustainable infrastructure investments, has purchased the rights to a...