blackrock credit allocation income trust

111 8th avenue
new york, new york 10011

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  • Cyclist Killed by Bus in New York’s First Citi Bike Fatality
    By MATTHEW HAAG and HANNAH ALANI - Tuesday Jun 13, 2017

    Dan Hanegby of Brooklyn fell under a bus’s tires in Chelsea. He worked for Credit Suisse and was once the top-ranked tennis player in Israel.

    Source: NYT > Home Page
  • The Northern Trust 2017: Glen Oaks Club, hole by hole
    By Brentley Romine - Wednesday Aug 23, 2017

    OLD WESTBURY, N.Y. – It’s always exciting to see a new tournament venue on the PGA Tour calendar, the more so when it’s part of the (...)

    Source: Golf Week
  • Dan Loeb’s Third Point plows into Alibaba again
    By Carleton English - Wednesday Jul 26, 2017

    Dan Loeb’s on and off love affair with Alibaba is back on. The hedgie behind Third Point added the China-based e-commerce giant to its portfolio in the second quarter, according to a letter sent to investors Wednesday. It also added asset-management behemoth BlackRock. Third Point has been invested in Alibaba intermittently over the last six...

    Source: New York Post: Business
  • Jordan Spieth tied for lead after birdie binge in Round 2 of Northern Trust
    By David Dusek - Friday Aug 25, 2017

    OLD WESTBURY, N.Y. – Traditionally during the last days of August, well-heeled New Yorkers head out to the Hamptons, a glitzy region (...)

    Source: Golf Week
  • Wealth advisers set up shop with a shared back office
    By Landon Thomas Jr. - Thursday Jul 20, 2017

    Instead of schmoozing with clients over lunch, Brown brings in business via a storm of tweets and posts on his blog, The Reformed Broker, that he generates from a cramped, sublet office space in midtown Manhattan.Much as Amazon has disrupted the retail industry by revolutionizing shopping habits, Schwab and firms like it have empowered a fast-growing vanguard of wealth advisers who offer independent and conflict-free financial advice by relying on easy-to-use technology.[...] sitting on more than $4 trillion in assets, registered investment advisers are posing a direct threat to the old model of huddling with brokers from Merrill Lynch or Morgan Stanley and following their advice — for a hefty fee, usually — about which stocks, bonds or mutual funds to buy.“People are now saying, ‘With Schwab or TD Ameritrade I can do this myself,’” said Julie Cooling, chief executive of RIA Channel, a research firm that tracks the growth of registered investment advisers.Founded on the principle of providing low-cost stock trades to individual investors, Charles Schwab’s growth in recent years has been propelled by its adviser segment, which offers a wide array of custodial services to registered investment advisers as well as access to the Schwab mutual fund supermarket.More than 7,500 registered investment advisers use Schwab to park assets, giving it, according to the company’s calculation, a 29 percent market share and putting it far ahead of competitors TD Ameritrade, Fidelity and Bank of New York Mellon’s Pershing subsidiary.Advisers can call on a Schwab expert for help in setting up a business or for legal advice in dealing with a complex trust, as well as execute quick and easy trades of individual securities or mutual funds.Above all there is silence:Since more than 95 percent of executions, be it the selling of a security or the buying of a mutual fund, are done electronically, there are no shouts or exclamations to be heard.Outside of Vanguard and BlackRock, which together control nearly 70 percent of the market for exchange-traded funds, few financial firms have played as prominent a role as Schwab in feeding the ETF frenzy.According to Cerulli, a research firm, 80 percent of registered investment advisers rely on exchange-traded funds to give their clients exposure to various investment strategies.While Vanguard and BlackRock have been the two main choices for registered investment advisers, Schwab has introduced its own branded fleet of tracking funds, which it prices well below the peer group and in some cases offers free to clients.

    Source: Business and Technology News
  •, BlackRock, Others Commit $2.2M to Fast Forward’s Nonprofit Tech Accelerator
    By Staff Writer - Thursday Jul 13, 2017

    As impact investing gains traction in the market, a new accelerator for tech nonprofits called Fast Forward has raised $2.2 million in philanthropic funding from the nonprofit arms of some of the world’s largest companies and financial services firms. BlackRock,, Comcast NBCUniversal and AT&T joined Zendesk,, Hewlett Packard Enterprise, the Nasiri and Rita Allen Foundations […]

    The post, BlackRock, Others Commit $2.2M to Fast Forward’s Nonprofit Tech Accelerator appeared first on NonProfit PRO.

    Source: Tactical Leadership Strategy for the Modern NonProfit
blackrock credit allocation income trust new york ny