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The $124 trillion Great Wealth Transfer won’t be a ‘big bang’ warns Northwestern Mutual CEO Tim Gerend

The much-hyped Great Wealth Transfer, in which as much as $124 trillion in baby-boomer wealth is predicted to move on to younger generations, has captivated Gen X, Millennials, and Gen Z. But Tim Gerend, CEO of financial planning giant Northwestern Mutual which has $366 billion in client assets, warns that the reality will unfold more … Read more

Trump admin members deny NY Times claim of mutual disdain

NEWYou can now listen to Fox News articles! FBI Director Kash Patel and Deputy Attorney General Todd Blanche criticized the New York Times for an article on Monday claiming that Blanche had “disdain” for Patel. The article, titled “Part Enabler, Part Buffer: The Bind of the Justice Dept.’s No. 2,” centered on Blanche allegedly clashing … Read more

SEC nears approval of ETF share classes for mutual funds as 65-70 firms with trillions in assets prepare to launch

Key Takeaways The SEC is close to approving ETF share classes for mutual funds, signaling a potential major industry shift. 65-70 mutual fund firms, managing trillions in assets, are preparing to launch ETF share class versions of their products. Share this article The Securities and Exchange Commission is close to approving ETF share classes for … Read more

Wyoming program pairs veterans with wild mustangs for mutual healing journey

JAY EM, Wyo. – While Memorial Day is a time for remembrance, it can also be a difficult period for many veterans, particularly those struggling with mental health. A program in Wyoming is helping to address those challenges by pairing veterans with wild mustangs in a unique approach to healing. VETERANS DAY: DENNIS QUAID, TRACE … Read more

Scott Bessent warns mutual de-escalation required in US-China trade war

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US Treasury secretary Scott Bessent has cautioned that any de-escalation in the US-China trade war would have to be mutual, denying suggestions that President Donald Trump would unilaterally cut levies on Chinese goods. Speaking … Read more

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Western Asset Management Company LLC Mutual Fund Investors to Inquire About Securities Class Action Investigation – LAOIX, WATFX, WACPX

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Western Asset Management Company LLC Mutual Fund Investors to Inquire About Securities Class Action Investigation – LAOIX, WATFX, WACPX

Israel to debut Bitcoin mutual funds tracking BlackRock’s IBIT and other indices

Key Takeaways Israel will debut six Bitcoin mutual funds through major fund managers like Meitav and IBI. The mutual funds will track various indices, such as BlackRock’s IBIT and S&P, trading on the Tel Aviv Stock Exchange. Share this article Israeli fund managers are set to debut six Bitcoin mutual funds on December 31 after … Read more

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