News Mentions & Press Releases

OMAHA, Neb. & BERWYN, Pa.–(BUSINESS WIRE)–Orion Advisor Solutions, the premier provider of the tech-enabled fiduciary framework that empowers financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected experience; and Brinker Capital, a premier investment management company serving advisors at insurance broker-dealers and independent broker-dealers; today announced they will join forces to create a combined technology and TAMP provider enabling independent financial advisors to grow their businesses, serve their clients, and win in the marketplace.

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SEC Gives Nod to More Nontransparent, Actively Managed ETFs

November 26, 2019
Lee Barney — Plan Adviser

The Securities and Exchange Commission (SEC) has just approved more nontransparent, actively managed exchange-traded funds (ETFs).

“The current percentage of ETF assets in active strategies has been growing—but is still only 2%,” says David Mann, head of global ETF capital markets at Franklin Templeton. “We are believers in the value of active management, so we are eager to see different styles and types of ETFs available in the marketplace and welcome this latest news. We will be watching if these new forms of ETFs help those percentages increase.”

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What a Schwab-TD Ameritrade Merger Would Mean for Crypto

November 22, 2019
David Pan — Coindesk

Schwab has officially announced a deal to buy TD Ameritrade for $26 billion in stock, confirming last week’s press reports.

An acquisition of TD Ameritrade by Charles Schwab would change the landscape of the traditional brokerage industry – and it may have implications for the ongoing mainstreaming of cryptocurrency trading.

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Risk Assets to Start to Outperform; ‘Bullish’ on EM: Orion Advisor

November 12, 2019
Bloomberg TV — Bloomberg

Shana Sissel, director of investment due diligence at Orion Advisor Solutions, talks about U.S. stocks, Federal Reserve policy and Treasuries. She also discusses emerging and European markets. She speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)

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ETFs That Echo Hedge Funds Are Set to Double Assets, Report Says

November 4, 2019
Claire Ballentine — Bloomberg

A relatively new category of exchange-traded fund is poised to hit it big, according to Greenwich Associates.

Institutional investment in so-called liquid alternative ETFs — including products that seek to mirror hedge funds — will more than double to $114 billion during the next 12 months, analysts led by Andrew McCollum wrote in a report Monday. The study was commissioned by IndexIQ, part of New York Life Investment Management, which runs two of the largest ETFs with hedge fund-like strategies, data compiled by Bloomberg show.

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Liquid alternative ETFs are set to double their assets, report says

November 4, 2019
Bloomberg News — Investment News

A relatively new category of exchange-traded fund is poised to hit it big, according to Greenwich Associates.

Institutional investment in so-called liquid alternative ETFs — including products that seek to mirror hedge funds — will more than double, to $114 billion, over the next 12 months, analysts led by Andrew McCollum wrote in a report Monday.

The study was commissioned by IndexIQ, part of New York Life Investment Management, which runs two of the largest ETFs with hedge fund-like strategies, data compiled by Bloomberg show.

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Would you tell your best friend how much money you make?

If just the thought makes you squirm, you’re not alone. Only about one in 10 Americans would feel comfortable talking about how much they make at a dinner party, according to a 2018 poll by Lexington Law of over 3,000 U.S. adults. Only one in five say they would ask a friend their salary.

But recently, CNBC Make It asked best friends to do just that. We had five sets of friends share their financial details with each other, including their salaries, how much debt they have, if they’ve ever gone on a date just to get a free meal and more.

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Why big banks keep raking in deposits

October 23, 2019
Andy Peters — American Banker

Bank of America and other large banks continue to rake in deposits even though interest rates are falling and customers are earning less on their money.

The deposit growth likely stems from a combination of consumers looking for safe havens amid growing concerns about the economy and the largest banks using their heft to take market share from smaller competitors, according to analysts and shareholders.

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Bloomberg Daybreak: Australia’s Full Show

October 11, 2019
Shana Sissel — Bloomberg TV

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U.S. Stocks Climb After Jobs Report

October 4, 2019
Gunjan Banerji and Avantika Chilkoti — Wall Street Journal

U.S. stocks rallied to end a volatile week, as the September jobs report and continued bets on interest rate cuts helped ease fears about an economic slowdown.

Job growth in the U.S. remains a bright spot, even as signs of weakness mount in the manufacturing and services sectors. Earlier this week investors worried about a potential downturn pushed the S&P 500 down more than 1% in back-to-back sessions for the first time this year.

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