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Yahoo
28-05-2025
- Business
- Yahoo
Third View Private Wealth Officially Launches with Advisors Previously Managing Approximately $1 Billion in Client Assets
Founding Partners Bring Multi-Family Office Expertise to High-Net-Worth and Ultra-High-Net-Worth Clients Nationwide WESTPORT, Conn., May 28, 2025--(BUSINESS WIRE)--Third View Private Wealth, a newly launched SEC-registered investment advisor (RIA) announces its official opening. Headquartered in Westport, Connecticut, the firm is founded by three seasoned private wealth advisors who previously oversaw approximately $1 billion in client assets as of 3/31/25. Third View was built to serve the complex needs of high-net-worth and ultra-high-net-worth families across the country, offering private wealth management, tax strategy, trust and estate planning, and philanthropic advisory services. "We've spent the last decade listening carefully to what our clients want: a bespoke multi-family office solution without the cost or complexity of building one themselves," said Frank McKiernan, Co-Founder and Managing Partner. "We started Third View to provide our clients an unparalleled, deeply personalized experience." "Our name reflects our purpose. To provide clients with a deeper, more thoughtful perspective that helps them navigate life's financial decisions with clarity and confidence," said Jerry Sneed, Co-Founder and Managing Partner. The founding partners Jerry Sneed, Frank McKiernan and Zoltan Pongracz are joined by their team members Amanda DiGuiseppe, Emily Demers, Mickey Herbert, Jake McCarthy, and Chris Sneed who have spent the last decade working with the founding partners adding a layer of stability and team cohesiveness to Third View's business. "Our mission was to build something unique. An elite, independent advisory firm that functions like a multi-family office with the ability to serve clients across generations," said Zoltan Pongracz, Co-Founder and Managing Partner. "We've assembled an exceptional team to deliver not just technical expertise, but a trusted relationship that simplifies complexity and helps families turn wealth into impact." To request an introduction to the Third View Private Wealth team, please visit their website at About Third View Private Wealth Third View Private Wealth, LLC is an independent, SEC-registered investment advisor based in Westport, Connecticut. The firm offers a multi-family office experience, blending institutional asset management with financial planning, estate and tax strategy, and philanthropic advisory for high-net-worth and ultra-high-net-worth clients. As a fee-only firm, Third View operates with full independence, offering clients transparent, unbiased advice. The firm is built on trust and a deep commitment to its fiduciary duty of always putting clients' interests first. Form ADV Part 2A can be obtained by visiting and searching for our firm name. ADV Form 2B is available upon request. Neither the information nor any opinion expressed is to be construed as solicitation to buy or sell a security of personalized investment, tax, or legal advice. Please consult your tax or legal advisor regarding your situation. View source version on Contacts Media:Alexandra ZendrianMobile: 516-581-7202Email: allie@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
09-05-2025
- Business
- Business Wire
Victory Capital Reports April 2025 Total Client Assets
SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) ('Victory Capital' or the 'Company') today reported Total Assets Under Management (AUM) of $279.3 billion, Other Assets of $3.6 billion, and Total Client Assets of $282.8 billion, as of April 30, 2025. For the month of April, Average Total AUM was $275.7 billion, average Other Assets was $3.7 billion, and average Total Client Assets was $279.5 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: March 31, 2025 Solutions $ 72,635 $ 63,378 Fixed Income 78,569 24,157 U.S. Mid Cap Equity 30,049 28,964 U.S. Small Cap Equity 12,421 13,182 U.S. Large Cap Equity 55,363 13,104 Global / Non-U.S. Equity 23,607 18,334 Alternative Investments 2,933 2,945 Total Long-Term Assets $ 275,579 $ 164,064 Money Market / Short Term Assets 3,703 3,404 Total Assets Under Management 2 $ 279,282 $ 167,468 By Vehicle Mutual Funds 3 $ 157,758 $ 108,392 Separate Accounts and Other Pooled Vehicles 4 111,064 48,823 ETFs 5 10,460 10,253 Total Assets Under Management 2 $ 279,282 $ 167,468 Other Assets 6 Institutional $ 3,555 $ 3,967 Total Other Assets $ 3,555 $ 3,967 Total Client Assets Total Assets Under Management $ 279,282 $ 167,468 Total Other Assets 3,555 3,967 Total Client Assets $ 282,836 $ 171,435 By Region U.S. $ 237,794 $ 165,763 Non-U.S. 45,043 5,672 Total Client Assets $ 282,836 $ 171,435 1 Due to rounding, numbers presented in these tables may not add up precisely to the totals provided. April 30, 2025 AUM includes $114 billion of assets acquired during the month. 2 Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets. 3 Includes institutional and retail share classes, money market and VIP funds. 4 Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles. 5 Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products. 6 Includes low-fee (2 to 4 bps) institutional assets, previously reported in the Solutions asset class within the by asset class table and in Separate Accounts and Other Pooled Vehicles within the by vehicle table. These assets are included as part of Victory's Regulatory Assets Under Management reported in Form ADV Part 1. Expand About Victory Capital Victory Capital is a diversified global asset management firm with total assets under management of $279.3 billion, and $282.8 billion in total client assets, as of April 30, 2025. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform. Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services. Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit or follow Victory Capital on Facebook, Twitter, and LinkedIn.
Yahoo
09-05-2025
- Business
- Yahoo
Amazon.com, Inc. (AMZN): Among Billionaire Larry Robbins' Stock Picks with Huge Upside Potential
We recently published a list of Billionaire Larry Robbins' 10 Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other stock picks with huge upside potential. Larry Robbins is an American hedge fund manager and philanthropist who founded Glenview Capital Management in 2000. The firm manages capital for investors across a range of private investment funds. Robbins is currently the CEO of his firm. He graduated with honors from the Jerome Fisher Program in Management and Technology at the University of Pennsylvania in 1992 and earned a BS in economics with concentrations in accounting, finance, and marketing. He also has a BS in engineering with a major in systems engineering. He became a Certified Public Accountant in Illinois in 1991. Before founding Glenview Capital, Robbins worked as a portfolio manager at Omega Advisors, which is a prominent hedge fund founded by Leon Cooperman. In 2017, Larry Robbins also began serving as chairman of the Robin Hood Foundation, which fights poverty in New York City. Through his Family Foundation, he is an active supporter of education reform both in NYC and on the national level. He also serves as Chairman of the Board of KIPP NY and is a Board Member of Zearn and Relay Graduate School of Education. Due to his sharp analytical skills and a focus on the healthcare sector, Robbins has built a reputation as one of the most influential figures in the hedge fund industry. Glenview Capital Management has 6 clients and discretionary assets under management (AUM) of $5.6 billion as reported in its Form ADV dated 4 March 2025. The last reported 13F filing for Q4 2024 included $3.95 billion in managed 13F securities and a top 10 holdings concentration of 65.22%. Earlier in September 2024, Institutional Investor reported that Glenview Capital Management was on track for its best year in 5 years. The flagship Glenview Capital Partners fund was up 3.45% in August 2024 and 17.2% through the first 8 months of the year. One of the reasons behind this performance is the hedge fund's diversification away from a historically heavy concentration in healthcare stocks. Glenview Capital Management has now expanded its investments into the tech sector and other industries. Larry Robbins believes in a straightforward investment strategy: 'There are only two things that matter in investing. What are they going to earn, and what multiple are people going to put on that. Let's not make our business any more complicated than this.' To compile the list of billionaire Larry Robbins' 10 stock picks with huge upside potential, we sifted through Q4 2024 13F filings of Glenview Capital from Insider Monkey. From these filings, we checked the upside potential from CNN for the top 30 stock picks and ranked the stocks in ascending order of this upside potential. We have also added Glenview Capital's stake in each stock as well as the broader hedge fund sentiment for it. Note: All data was sourced on May 8. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A customer entering an internet retail store, illustrating the convenience of online shopping. Glenview Capital's Stake: $73.13 million Number of Hedge Fund Holders: 339 Average Upside Potential as of May 8: 26.12% Inc. (NASDAQ:AMZN) is a tech company that offers online retail shopping services. It operates through its North America, International, and AWS (Amazon Web Services) segments. AWS is positioned to capitalize on the burgeoning cloud market, where over 85% of global IT spending remains on-premises. AWS generated $29.3 billion in Q1 2025 revenue, which was an increase of 17% year-over-year increase. The rise of AI is expected to be a major catalyst here. Infrastructure modernization in the cloud is foundational for AI adoption, which is why Amazon is aggressively investing in AI capabilities within AWS. Amazon is also investing in Amazon Bedrock, which is a fully managed service providing access to a range of high-performing foundation models. These include Anthropic's Claude 3.7 Sonnet and Meta's Llama 4, the company's state-of-the-art Amazon Nova family of models. These initiatives aim to lower the cost of AI inference and empower businesses to build innovative GenAI applications. On May 5, Baird increased its price target for the stock from $215 to $220, while maintaining an Outperform rating. Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter: 'During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. In Consumer Discretionary, Inc. (NASDAQ:AMZN) reported strong third-quarter results. Revenue increased by double digits, led by growth in advertising and Al products, while the company's operating margins also hit an all-time high of 11%. The key reasons for the higher margins were that its international e-commerce operations turned profitable, and there was faster growth in its high-margin cloud-computing business.' Overall, AMZN ranks 10th on our list of billionaire Larry Robbins' stock picks with huge upside potential. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
USA Today
22-04-2025
- Business
- USA Today
The right financial adviser can help you navigate a shaky economy. We rank the top firms.
Financial Pros: Help USA TODAY and Statista determine the winners in our fourth annual survey of top-rated firms, which publishes in April 2026. You can pre-register to take the survey here. Investments always come with risk, but between tariffs, recession worries and overall economic uncertainty, markets have been especially volatile over the past few months. Markets have responded in historically unprecedented ways to President Donald Trump's decision to impose then roll back sweeping tariffs. However, stocks rising, falling, and then rising again is nothing new. Stocks tumbled in reaction to the pandemic, inflation, and Federal Reserve interest rate changes, but they also recovered. Most recently, markets have lost trillions of dollars in response to import tariffs, bounced back, then slipped again. Uncertainty remains. What's the average investor to do? Many experts say the answer is simple: Find a registered investment adviser (RIA) that you like and that fits your financial profile. RIAs are companies with a fiduciary duty to always act in their client's best interests. They charge fees rather than sales commissions and employ investment adviser representatives (IARs) who are licensed to give financial advice and are increasingly taking a holistic approach to their clients' financial lives. Other financial firms, such as broker-dealers, earn commissions from selling stocks, bonds, or mutual funds and need only provide suitable advice. Sometimes, they may sell more expensive products that generate more revenue for them but don't necessarily meet a client's long-term goals. To streamline your search for an adviser, USA TODAY has partnered with market research firm Statista for the third straight year to rank the top 500 RIAs in the searchable lists below. The ranking is based on the growth of the companies' assets under management (AUM) over the short and long term and the number of recommendations they received from clients and peers. USA TODAY and Statista included separate groupings based on the amount of assets RIAs oversee so readers can compare firms in similar size classes. Smaller companies may have fewer clients per adviser and provide more personal service. Larger firms may be able to charge lower fees because of volume-based discounts or have more resources for specialized services. You also might want to choose a firm based on its location, which is included in the rankings. The top-ranked company, Baltimore-based Facet Wealth, saw its assets grow 86% in a year and 91% over five years. Ranking fifth, Santa Monica-based Align Impact was the only firm to crack the top five for the second year in a row after ranking second in the 2024 list. You can learn more about a firm's specialties and background on its website as well as from the firm's Form ADV, which it files with the SEC. You can verify a firm's registration with the SEC's Investment Adviser Public Disclosure tool and check the backgrounds and any disciplinary actions at the Financial Industry Regulatory Authority's (FINRA's) BrokerCheck website. For further details on the methodology behind the rankings, please visit Statista's website or contact Andreas Korte at financialadvisors@
Yahoo
22-04-2025
- Business
- Yahoo
The right financial adviser can help you navigate a shaky economy. We rank the top firms.
Financial Pros: Help USA TODAY and Statista determine the winners in our fourth annual survey of top-rated firms, which publishes in April 2026. You can pre-register to take the survey here. Investments always come with risk, but between tariffs, recession worries and overall economic uncertainty, markets have been especially volatile over the past few months. Markets have responded in historically unprecedented ways to President Donald Trump's decision to impose then roll back sweeping tariffs. However, stocks rising, falling, and then rising again is nothing new. Stocks tumbled in reaction to the pandemic, inflation, and Federal Reserve interest rate changes, but they also recovered. Most recently, markets have lost trillions of dollars in response to import tariffs, bounced back, then slipped again. Uncertainty remains. What's the average investor to do? Many experts say the answer is simple: Find a registered investment adviser (RIA) that you like and that fits your financial profile. RIAs are companies with a fiduciary duty to always act in their client's best interests. They charge fees rather than sales commissions and employ investment adviser representatives (IARs) who are licensed to give financial advice and are increasingly taking a holistic approach to their clients' financial lives. Other financial firms, such as broker-dealers, earn commissions from selling stocks, bonds, or mutual funds and need only provide suitable advice. Sometimes, they may sell more expensive products that generate more revenue for them but don't necessarily meet a client's long-term goals. To streamline your search for an adviser, USA TODAY has partnered with market research firm Statista for the third straight year to rank the top 500 RIAs in the searchable lists below. The ranking is based on the growth of the companies' assets under management (AUM) over the short and long term and the number of recommendations they received from clients and peers. USA TODAY and Statista included separate groupings based on the amount of assets RIAs oversee so readers can compare firms in similar size classes. Smaller companies may have fewer clients per adviser and provide more personal service. Larger firms may be able to charge lower fees because of volume-based discounts or have more resources for specialized services. You also might want to choose a firm based on its location, which is included in the rankings. The top-ranked company, Baltimore-based Facet Wealth, saw its assets grow 86% in a year and 91% over five years. Ranking fifth, Santa Monica-based Align Impact was the only firm to crack the top five for the second year in a row after ranking second in the 2024 list. You can learn more about a firm's specialties and background on its website as well as from the firm's Form ADV, which it files with the SEC. You can verify a firm's registration with the SEC's Investment Adviser Public Disclosure tool and check the backgrounds and any disciplinary actions at the Financial Industry Regulatory Authority's (FINRA's) BrokerCheck website. For further details on the methodology behind the rankings, please visit Statista's website or contact Andreas Korte at financialadvisors@ This article originally appeared on USA TODAY: How to choose a financial adviser? We rank the top firms.
