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Latest Stories From

FOMC Leaves Rates Unchanged, Signals One More Hike

Latest News | September 20, 2023

The Federal Open Market Committee (FOMC) kept the federal funds rate unchanged on Wednesday, maintaining the range of 5.25% to 5.50%, as widely expected. The central bank has raised its benchmark borrowing rate 11 times since March 2022. In addition, FOMC members issued a new set of economic projections, indicating that they still anticipate raising ...

Rockefeller Expands NC Presence with Six-Person FA Team

Financial Advisory | September 20, 2023

Rockefeller Global Family Office, the wealth management division of Rockefeller Capital Management, announced the addition of a former UBS team based in Wilmington, NC. Decision Point Wealth Partners is led by private advisor and managing director Chad Pearson and SVPs and private advisors Donis Smith and Paul Patterson. The six-person team also includes wealth manager ...

Domain Capital Group Raises $225M for Value-Added Timberland Assets

Alternative Assets | September 20, 2023

Domain Capital Group, LLC, a private investment management services firm, and its subsidiary, Domain Timber Advisors, LLC, raised $225 million across Domain’s value-added timberland investment strategy. The commitments include $150 million allocated to a separately managed account and $75 million to the Domain Timber Opportunity Fund (DTOF), which held its final close in June. “We ...

Betterment Launches Crypto Portfolio

Alternative Assets | September 20, 2023

Betterment, which claims to be the largest independent digital investment advisor in the U.S., announced the launch of a new Bitcoin/Ethereum Portfolio as part of its suite of crypto investment opportunities. The portfolio provides direct access to the two largest cryptocurrencies in the market for investors who are interested in gaining exposure to crypto as ...