Despite the economic uncertainty caused by the pandemic—or possibly because of it—US retirement account balances rose to record levels during the fourth quarter of 2020, as reported by Fidelity Investments. The firm said individual contributions to individual retirement accounts (IRA), as well as 401(k) and 403(b) retirement accounts remained strong during the last three months of the year.
The US SEC sued Brian Kahn, the former head of Franchise Group Inc., over the collapse of a hedge fund that he helped run.
Cryptocurrency has evolved from speculative gamble to strategic portfolio component. Grayscale Head of Research Zach Pandl explains how digital assets now offer measurable diversification benefits comparable to traditional alternatives like private equity. With Bitcoin’s volatility matching large-cap tech stocks and new ETF accessibility, advisors can seamlessly integrate crypto exposure while hedging against macroeconomic risks and fiat currency devaluation.