National

Lido Advisors has acquired an Oklahoma-based wealth management firm, which oversees roughly $1 billion in assets under management.  Tulsa, OK-based Jackson Hole Capital Partners, which was founded in 2017, is led by managing partners Channing Smith and John Hastings in partnership with the Biolchini family, which owns the Bank of Jackson Hole and Vast Bank.  Jackson Hole Capital Partners offers alternative investment options across hedge funds, private debt, and private ...

The North American Securities Administrators Association (NASAA) announced that its membership has approved amendments to model rules that would permit the use of testimonials, endorsements and third-party ratings in advisor marketing materials; tools that have historically been restricted at the state level. The changes bring NASAA’s guidance largely in line with the Securities and Exchange ...

Investor anxiety around private credit has increasingly centered on business development companies with outsized exposure to software and other fast‑moving tech names. For Todd Stender, managing director at LNL Capital, that focus risks missing the asset class’s internal fault lines—and its strengths.   Stender argues that some technology subsectors, particularly software, lack the downside protection of physical collateral and ...

Executive Summary  Hotter inflation data and a hawkish shift in rate expectations are forcing fixed income investors to rethink how much duration and credit risk they are willing to own. Markets now price a meaningful probability that the Federal Reserve could hike interest rates by late 2026 and hold policy rates above current levels into ...