Cerulli Assocites

Advisor Upside

Advisory Firms Need to Hire More Staff — and Fast

Photo by José Martín Ramírez Carrasco via Unsplash

The industry will need more than 70,000 new staff over the next five years, according to a Charles Schwab report.

2 min read

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ETF Upside

Inside BlackRock’s Latest $12B Private Assets Deal

BlackRock is acquiring HPS Investment Partners in a deal that could increase its private assets under management to $600 billion.

2 min read
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Advisor Upside

Just 22% of Advisors Charge for Financial Planning

Advisors that offer comprehensive services can also manage four times more in assets than their peers, according Cerulli Associates.

1 min read
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Advisor Upside

Top 25 Broker Dealers Manage 93% of Assets: Cerulli

Consolidation among broker dealers is having significant impacts on the industry and it’s not expected to slow down anytime soon.

1 min read

Advisor Upside

Fiduciary Ad Campaigns May Be Hitting Home

Photo via Connor Lin / The Daily Upside

More than 6 in 10 retail clients said they are now considering paying for professional advice, according to research from Cerulli.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

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