John Coumarianos

New York, United States

From Brooklyn when gangsters outnumbered hipsters. Managing member of https://t.co/5Fe6KfggaO. No individual investment advice here.

Articles

3 highly rated fund managers now running active ETFs

2 weeks ago | citywire.com | John Coumarianos

The advent of active ETFs means that investors can access highly rated mutual fund managers in a more tax-efficient format, sometimes at a lower cost. Below, we look at three ETFs that are run by well-known managers who have obtained a Citywire rating, based on their three-year risk-adjusted performance.
Morgan Stanley introduces private alts model portfolios to advisors

1 month ago | citywire.com | Ian Wenik |Tania Mitra |John Coumarianos |Sam Bojarski

Morgan Stanley Wealth Management (MSWM) is bringing all-private assets model portfolios to advisors, according to regulatory filings. In its latest ADV updates, the firm said that it is introducing a model portfolio ‘comprised of one or more alternative investment funds’ in the alternative investments advisory program (AIA). The AIA gives advisors access to private alternative vehicles approved by MSWM’s Global Investment Manager Analysis team (GIMA). Already have an account?
The best and worst High Yield Muni funds

1 month ago | citywire.com | John Coumarianos

When President Trump announced his tariff regime on April 2, the municipal bond market went a bit haywire. While the Bloomberg US Aggregate index added 0.19% from April 3 through the end of the month, the Bloomberg Municipal index dropped 1.1% and the Bloomberg High Yield Municipal Bond index lost 2.14% over that period. The divergence has narrowed in May mostly as a result of investment grade taxable bonds pulling back.
PE firm pursuing sale of investment data company YCharts: sources

1 month ago | citywire.com | John Coumarianos |Ian Wenik |Sam Bojarski |Ashley McConnell

Private equity firm LLR Partners is pursuing a sale of investment research and data analytics software company YCharts, according to sources with knowledge of the situation. A source told Citywire LLR Partners has retained Raymond James to serve as the investment banker for the sale process. Raymond James served as the sell-side investment banker in 2020 when a consortium of investors — including Morningstar and REV Venture Partners — sold YCharts to LLR Partners.
Asset allocation tips for the tariff era

2 months ago | citywire.com | John Coumarianos |Sam Bojarski |William Johnson

Trying to second guess Donald Trump is a fool’s errand. If Wall Street didn’t know this before Liberation Day, it does now. There was the initial tariff shock, the 90-day pause, the ratcheting up of levies on China to as much as 145%, and now, reportedly these might come down to as ‘low’ as 50%. The tariffs were not a negotiating tactic, then they were always a negotiating tactic. Trump wanted to fire Federal Reserve chair Jerome Powell for not lowering rates, then he decided not to.
Want to impress this Mesirow gatekeeper? Get to the point!

2 months ago | citywire.com | Tania Mitra |Ashley McConnell |John Coumarianos

What I’m reading: On the research side, our team takes pride in reading every quarterly commentary that our coverage list managers write, which is a great way to stay informed on what the smartest people in our industry are thinking. On the personal side, I recently read Devil in the White City. As a proud Chicago resident, it’s been on my list for a while and the rumored upcoming Leo DiCaprio movie adaptation was the inspiration I needed to bring it to the top of my list.
Tariffs Are the First Part of a Larger Project

2 months ago | etftrends.com | John Coumarianos

Getting into Donald Trump’s head is no easy task. And to the extent his economic intentions are decipherable and coherent, can Trump impose his economic will on other countries? As tariffs go into place, albeit with a partial pause, that remains to be seen. While tariffs occupy the headlines now, they and the other aspects of his larger plan have a name — the Mar-a-Lago Accord — and are spelled out in a November 2024 paper written by Trump’s current chair of his economic advisors, Stephen Miran.
Tariffs Are the First Part of a Larger Project

2 months ago | advisorperspectives.com | John Coumarianos

Getting into Donald Trump’s head is no easy task. And to the extent his economic intentions are decipherable and coherent, can Trump impose his economic will on other countries? As tariffs go into place, albeit with a partial pause, that remains to be seen. While tariffs occupy the headlines now, they and the other aspects of his larger plan have a name — the Mar-a-Lago Accord — and are spelled out in a November 2024 paper written by Trump’s current chair of his economic advisors, Stephen Miran.
Waverly buys $110m Florida RIA

2 months ago | citywire.com | Alec Rich |John Coumarianos |Frank Talbot

Waverly Advisors, a roughly $17bn serial RIA acquirer, announced Tuesday that it has bought Fiduciary Wealth Advisors, a $110m RIA based in Sarasota, Fla. The target firm becomes Waverly’s sixth location in Florida. Fiduciary Wealth Advisors is led by founder and wealth advisor Scott Collins. Collins formed Fiduciary Wealth Advisors in 2014 and will join Waverly as a partner and wealth advisor. The transaction closed last Friday. Specific financial details were not disclosed.
Flourish strikes cash management deal with Carson Group amid mega-RIA market push

2 months ago | citywire.com | Alec Rich |John Coumarianos |Frank Talbot

Fresh off its first acquisition, financial services platform Flourish revealed a partnership with $41bn mega-RIA Carson Group on Wednesday. The partnership enables advisors across Carson’s more than 150 offices to use one of Flourish’s main products, Flourish Cash, as their primary held-away cash management solution. Flourish Cash functions much like a traditional broker-dealer cash sweep program, but the company says it takes less off the top in fees.