The partnership will give Orion clients access to CAIS Solutions, enabling management of alternative investments.

Use of interval funds, BDCs, non-traded REITs and tender offer funds by the wealth channel has significantly increased in the past decade.

The bank’s Private Markets Transaction Desk will assist Morgan Stanley Wealth Management clients seeking to invest in the highly-fragmented and opaque market for private shares.

The research is available through Wealthscape, Fidelity’s platform for advisors, and covers private credit, private real assets and private equity funds.

Default danger rises in high-yield debt, while stress in commercial real estate ramps up.

There isn’t a way to make K-1s shorter or less complex. But advisors and clients can cut down on their workload by “bringing organization to the chaos of chasing down K-1s”, says Arch co-founder Ryan Eisenman.

Fund managers in this red-hot asset class are often valuing their loans more generously than others do. Regulators are starting to worry.

A de-SPAC or blank-check deal related to the Trump Media & Technology Group would hand the former president new-found wealth.

Advisors can use options that are derivatives of the Bitcoin ETFs to manage crypto as they do other assets.