Griffin Kelly

1 week ago | thedailyupside.com | Griffin Kelly

Psh, get real. Literally. With markets still rebounding from the Trump administration’s tariffs, clients are hungry for diversification, and real assets are gaining traction. In a new report, Bank of America points to real estate, farmland, timber, and energy as increasingly valuable components of high-net-worth portfolios. With inflation stubbornly high and interest rates stuck since December, these tangible investments are appealing for their low correlation to traditional stocks and bonds.

1 week ago | thedailyupside.com | Griffin Kelly

There’s no need to fear, more VIX exchange-traded funds are here. With equity markets still climbing out of a slump from February highs, asset managers are looking to CBOE’s Volatility Index  — which measures the stock market’s volatility based on S&P 500 options and is often called the “fear gauge” — to understand investor sentiment. And with the VIX hitting about 40% so far this year, the economy can feel like a horror movie at times.

1 week ago | thedailyupside.com | Griffin Kelly

Kid’s little league program needs a new umpire? Play ball. Advisors and firms are reacting to a recent proposal from the Financial Industry Regulatory Authority that would relax oversight on advisors’ side hustles that don’t affect their work as wealth managers. The proposed rule would also tighten disclosures on their outside investments.

1 week ago | thedailyupside.com | Griffin Kelly

Amplify CEO Christian Magoon has worked in the ETF industry for almost two decades, and with over 100 fund launches under his belt, things are getting much more complex. In the beginning, ETF customers were “diehard indexers” buying equity funds, and even fixed-income ETFs were “late bloomers.” Now, asset managers are prioritizing unique strategies that use derivatives, like options and covered calls, to create additional income, he told ETF Upside.

2 weeks ago | thedailyupside.com | Griffin Kelly

You’ve got to spend money to make money. In an effort to bolster its public awareness campaign and ultimately draw more clients to certified advisors, the CFP Board will increase its certification fees to $575 from $455  — a 26% hike — starting October 1. The Board said the $120 increase will go entirely toward marketing efforts that help the industry group “maintain our competitive edge in a crowded field of designations.”But do advisors who pay for the designation agree with the increase?