Lyft's IPO is already oversubscribed – CNBC

Lyft’s initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the matter said on Tuesday. The development indicates that many investors are willing to overcome uncertainty over …

Cresset Asset buys Evanston Advisors – PE Hub

Cresset Asset Management said March 19 that it acquired Evanston Advisors. Financial terms weren’t announced. Evanston is an RIA with more than $500 million in client assets under management. PRESS RELEASE CHICAGO–(BUSINESS WIRE)–Cresset Asset Management (“Cresset”) announced today the acquisition of Evanston Advisors (“Evanston”), a Chicago-area SEC Registered Investment Advisor (“RIA”). This exciting partnership enhances …

Bridging the Week – March 2019 #3 | Katten Muchin Rosenman LLP – JD Supra

Last week, J. Christopher Giancarlo promised a “workable” revised position limits proposed rule before he leaves as chairman of the Commodity Futures Trading Commission sometime this summer. Separately, the Securities and Exchange Commission’s Division of Investment Management sought comments on how its Custody Rule applies to cryptoassets. As a result, the following matters are covered …

Irving-based Blucora's deal for Dallas firm expands wealth management assets to nearly $60 billion – Dallas News

Blucora Inc., an Irving-based financial technology company, is buying Dallas wealth management firm 1st Global Inc. for $180 million, according to an announcement Tuesday. The acquisition will create a tax-focused wealth management company with about $60 billion in total client assets. Blucora is tapping its credit line for $125 million of the purchase, while using cash on …

Roosevelt Investments Announces Dynamic New Collaboration with The Foresight Companies – PRNewswire

NEW YORK, March 19, 2019 /PRNewswire/ — Adam Sheer, Co-Chief Executive Officer of The Roosevelt Investment Group, Inc. (Roosevelt Investments) and Daniel Isard, Managing Partner of The Foresight Companies, announced today they have entered into an agreement to provide support to each other’s clients and to jointly market to the funeral and cemetery professions.  “I am …

Puhui Wealth Investment Management CO LTD. – OR (NASDAQ:PHCF) Shorts Declined By 33.33% – K Reviewer

Puhui Wealth Investment Management CO LTD. – OR (NASDAQ:PHCF) had a decrease of its shares shorted by 33.33%. FINRA announced shares shorted of PHCF’s total 600 shares. The 900 previous shares are down with 33.33%. The stock increased 6.16% or $0.21 during the last trading session, touching $3.62.Currently Puhui Wealth Investment Management Co., Ltd. is …

WRS Wealth Advisors celebrates new location with local clothing drive – WYTV

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. BOARDMAN, Ohio (WYTV) – The Boys and Girls Club helps make great futures a reality for America’s youth. WRS Wealth Advisors is ready to help them dress for success. Tuesday, WRS celebrated a new location in Boardman along South …

Go long on commodities, advises Jeff Tomasulo – Reuters

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