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A financial advisor from Omaha, Neb., is running to become the next Nebraska State Treasurer, KWBE.com is reporting. Taylor Royal is one of two Republicans in the state primary coming up on May 15. There is no Democrat in the race, so the winner of the primary will take office. Royal, who is a certified public accountant and personal wealth manager with Northwestern Mutual, says he has the financial background to do the job over his opponent, state Senator John Murante. ...
Market Appreciation Belies Problems for Asset Managers
Strong equity markets in 2017 drove asset growth of 14 percent last year among asset managers, according to a new report from Boston Consulting Group. Net new flows were 4.3 percent, the highest it’s been in the last 10 years. At the same time, asset managers’ revenues were up 9 percent. But that belies underlying pressures facing the asset management industry, and the business environment will change dramatically in the next five years, BCG says. ...
Risk Analyzing Fintech Firm StratiFi Raises $7 Million
Financial technology startup StratiFi Technologies, marketed as a hidden-risk identification tool, raised $7 million in a Series A funding round, the company announced. Investors included Anthemis Group, which also invested in robo advisor Betterment and SparkFin, a stock list-generating company purchased by StockTwits. ... |
