Muskogee, OKPosted by
Muskogee Daily Phoenix

Renovations wrapping up at local schools

Students at Creek, Cherokee and Pershing elementary schools are to have safer entrances, new carpeting and new technology when they return to class on Aug. 24. Contractors are nearly finished with the three schools' renovations, part of the 2019 bond issue, said Muskogee Public Schools Assistant Superintendent Lance Crawley. "Because...
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StocksMoney Morning

Sell the News on the Tech Stock Correction

"Buy the rumor, sell the news": It's a saying as old as the market itself. And we've seen no shortage of buying the rumor this week... Folks have been piling into big name tech stocks, desperately sniffing out a safe haven from the latest delta variant of COVID-19. Well now that the Nasdaq has been driven well into "overbought" territory, what goes up must come down...
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Tennessee StateInvestmentNews

Emigrant Partners takes stake in Tennessee RIA

Memphis-based Gerber Taylor Capital Advisors oversees $13.8 billion in assets. Emigrant Partners, a subsidiary of New York Private Bank & Trust, has made a minority investment in Gerber Taylor Capital Advisors, an advisory firm in Memphis, Tennessee, that manages and advises on $13.8 billion in assets. Financial terms of the...
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RIA Deal Round-Up: Bicknell’s Mariner to Buy $5.1 Billion-AUM AdvicePeriod

Marty Bicknell’s Mariner Wealth Advisors is purchasing Los Angeles-based AdvicePeriod in a deal expected to lift his registered investment advisory firm to roughly $40 billion in assets under management. The acquisition, announced on Tuesday, will also unite the heads of the two independent advisory firms–Bicknell and AdvicePeriod’s Steve Lockshin–who have...

What RIA Founders Get Wrong About Private Equity

You don’t have to look far for warnings to financial advisors about opening their doors to private equity. The Faustian bargain for that infusion of capital, the conventional wisdom goes, involves giving up control over one’s business, submitting to a heavy-handed management style and being subject to insatiable pressure to deliver returns in a short period.

Floods damage bridge on Russian Trans-Siberian Railway, blocking traffic

MOSCOW – Flooding damaged a bridge on Russia’s Trans-Siberian Railway in its Far East, halting traffic in the region, officials said on Friday, and President Vladimir Putin said full repair of the track would take five days. The longest railway in the world is a strategic transport artery for the...

Q&A With Sanctuary Wealth’s Jim Dickson

Jim Dickson, a 20-year veteran of Merrill Lynch, left the wirehouse in 2018 to create Sanctuary Wealth, a support platform for breakaway advisors. Sanctuary is one of the fastest-growing platforms in the RIA space, with more than $16.5 billion in assets; this year alone, the firm will bring in about $10 billion in recruited assets, Dickson says, taking it over the $20 billion threshold by the end of the year.
Medical & Biotechjusticenewsflash.com

Two Pfizer and AstraZeneca doses work on Delta variants: research | Coronavirus pandemic news

The effective rate of two doses of Pfizer in preventing delta mutation was 88%, while the effective rate of two doses of AstraZeneca was 67%. Two doses of Pfizer or AstraZeneca’s COVID-19 vaccine are almost the same Effective against the highly spreading variant of Delta coronavirus According to a new study, because they are the opposite of the previously dominant Alpha variant.
Texas Stateriabiz.com

Hightower Advisors brings a high-end slice of RIA custody in-house by retrofitting a Texas bank and poaching a Schwabie

It's taken 13 years for Hightower Advisors to reach $100 billion in assets, but it could get to $200 billion much faster -- and more profitably-- with one big new asset. The Chicago RIA hybrid rollup has cobbled together a national trust company that includes a sterling Schwab poach. The one big downside is a multi-year application ordeal that is far from over.

West End Advisory Group Joins LPL Financial

Advisors Steve Mayer and Joe Roddy and administrative assistant Laurie Elfrank of West End Advisory Group are the newest team to join LPL Financial. The St. Louis team moved from Cetera Financial Group where it managed $170 million in total assets, including advisory, brokerage and retirement plan assets. Mayer and Roddy provide investment advice, financial planning, wealth management and retirement plan consultations to people in transition, said Roddy. Roddy said the move was partially motivated by a need for more flexible technology and expanded client services.
Public HealthPosted by

Factbox: Coronavirus cases at the Tokyo Olympics

TOKYO, July 21 (Reuters) - The Tokyo 2020 Olympics, postponed for a year because of the coronavirus pandemic, is being held under unprecedented conditions including tight quarantine rules to prevent the spread of COVID-19. A number of cases have emerged among athletes and other people involved with the Games already, however.
Medical & Biotechnewsfinale.com

Two Pfizer, AstraZeneca Doses Work Against Delta Variant: Study

Two doses of Pfizer or AstraZeneca’s COVID-19 vaccine are nearly as effective against the highly transmissible Delta coronavirus variant as they are against the previously dominant Alpha variant, according to a new study. Research published in the New England Journal of Medicine on Wednesday showed the vaccines were highly effective...

Olympic Footballers to Watch: Group G

The group stage of the women’s football tournament at the 2020 Summer Olympics is set. The three groups are labeled as E, F and G. Each group contains four teams that will play against each other in a round-robin format. The four teams of Group G are Australia, New Zealand,...