Articles tagged "InvestmentNews"
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SEC actions expose underbelly of RIA industry awards, but they are often lucrative for those who hand them out and unlikely to stop being abused by those who get them
The Washington regulator nailed RIAs with misuse of award mentions, using the new Marketing Rule as cudgel after declaring false advertising a 2024 priority
October 9, 2024 at 3:07 AM
Maybe only Hollywood stands between Rudy Adolf and a $320-million golden parachute | FutureProof has a bit of SALT glitz | New wave of robo-advisors includes participants like Adam Nash, Kevin Durant and Barry Ritholtz
Josh Brown's FutureProof is a big tent party; Roll-up pioneer/Focus CEO engineers soft landing; The dream of the absentee-owner robo-advisor never dies to VC investors -- even if retail investors do nothing to lead them on
August 10, 2023 at 2:29 AM
InvestmentNews slashes up to 21 full- and part-time staff ahead of Key Media takeover of struggling publication -- leaving employees to scramble with no notice or severance
The London-based owner of the U.S.B2B publication informed staff at 9 a.m. today, with top editor Paul Curcio part of the exodus.
June 27, 2023 at 10:19 PM
InvestmentNews gets booted to another overseas owner with scant financial publishing roots but Key Media's past 20 years are rooted in success, only paid $4.1 million and may find ample fat to cut
The original March deal was worth about $8.4 million including the removal of a $1.9-million lease obligation but IN owner walks away now with just $4.1 million and an unspecified lease obligation
May 25, 2023 at 2:55 AM
InvestmentNews fortunes sink after buyer 'materially lowers' its $6.5-million bid, but new mystery buyer steps up with $4.1-million offer, including hefty lease deal, Bonhill says
The London, UK owner decribes the buyer as a U.S. media company proposing an all-cash deal that will assume a $1.9-million lease obligation in Manhattan
March 28, 2023 at 1:40 AM
InvestmentNews owner accepts $8 million deal for non-IN assets overseas and will (likely) name buyer for the New York City trade pub after Christmas
The ex-Crain publication will likely begin the third chapter of its existence in the New Year, while Bonhill faces an uncertain future.
December 21, 2022 at 3:17 AM
Biz Briefs: Envestnet's sweet terms net $575 million after seeking $350 million ~ Ron Rhoades fights for right to write by tweet ~ InvestmentNews is packaged for sale ~ Chuck Schwab pays for red wave
Bill Crager is pulling out the stops and purse strings; Western Kentucky isn't all basketball; Charles 'Chuck' Schwab plunks more cash on GOP, and Sallie Krawcheck stumps for the Dems.
November 19, 2022 at 1:44 AM
InvestmentNews is again for sale as 'huge gamble' bleeds more cash in 2022 than owners projected and doesn't 'pay off,' exec says
The New York City newsweekly was acquired by Bonhill for $27 million; now the market cap of the whole company is $5 million to 6 million after a rough transition from Crain
October 20, 2022 at 2:11 AM
Simon Stilwell's grand plan to turn InvestmentNews into a live events juggernaut was one dive too deep for the 'wild swimmer;' he exited today amid continuing turmoil
UK Parent Bonhill PLC tersely announced Stilwell's departure 'with immediate effect' and stalled its latest earnings report, causing shares to plummet.
April 8, 2022 at 1:51 AM
The British parent of InvestmentNews got a $2.4 million federal taxpayer bailout to weather the pandemic crash and has been freed from paying back the money under a COVID relief program
Bonhill Group PLC called 2020 its most challenging year in its history and reported that 2021 won't be much better as COVID batters business strategy
February 11, 2022 at 3:46 AM
InvestmentNews Publisher Christine Shaw departs on heels of top editor, leaving turn-around ace John French to pick up the pieces, but sale off the table, he says
Media consultant says the publication is 'a little chaotic,' but vows to shore up the masthead and keep the New York City brand intact.
November 12, 2021 at 5:25 AM
InvestmentNews brings in 'turn-around specialist,' and a 'chief revenue officer,' following pandemic battering; then top editor and two reporters jump ship
InvestmentNews is adding people on the business side and losing veterans on the editorial side after suffering staggering COVID hit to live events, and its publisher calls modus operandi changes 'permanent.'
October 26, 2021 at 2:27 AM
Matt Ackermann, last of Crain braintrust, leaves InvestmentNews as events-oriented parent, Bonhill Group PLC, sees stock plummet 88%
The director of content joins big Boston-based LPL OSJ for a similar role but one where he can use a 'rifle' rather than a shotgun, he says
October 20, 2020 at 4:10 AM
COVID-19 crushes RIA conference schedule; 100 gatherings are in jeopardy along with the bottom lines of publications and organizations
Pershing INSITE is the latest biggie to cancel and firms are all over the map about when it'll be 'safe' for more than 10 people to gather at any one time.
April 14, 2020 at 5:58 AM
Crain poaches Fred Gabriel, who anchored InvestmentNews' editorial while they owned it, making it a clean sweep for new owners Bonhill Financial
Seeking Alpha Editor George Moriarty will step into editor's shoes; Gabriel will stay through November, before becoming publisher and executive editor at Crain's New York
