John Coumarianos

2 weeks 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.

1 month 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.

1 month 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.

1 month 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.

1 month 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.