Latest news with #RIA
Yahoo
8 hours ago
- Business
- Yahoo
Stansberry Asset Management Named to Worth's 2025 Top Registered Investment Advisor Firms
WESTLAKE, Texas, June 20, 2025 (GLOBE NEWSWIRE) -- Stansberry Asset Management ('SAM') is proud to be recognized by Worth as one of the top registered investment advisory firms in the country. This honor reflects the trust SAM has earned from clients through its active portfolio management approach, personalized wealth planning, and disciplined focus on helping investors navigate today's challenges while preparing for the future. As markets evolve and investor needs become more complex, SAM continues to offer a distinct alternative to traditional models—grounded in research, independence, and a deep understanding of what matters most to the families and institutions they serve. The Worth Leading Advisor program recognizes firms that meet a rigorous set of benchmarks, including assets under management of over $500 million, a predominantly high-net-worth client base, a strong emphasis on comprehensive financial planning, and full independence from broker-dealers—ensuring advice remains objective and client-centered. 'We're incredibly honored to be named to Worth's list of top RIA firms for the second year in a row,' said Chris DeLaura, Chief Executive Officer at Stansberry Asset Management. 'This milestone reflects the trust our clients have placed in us and the dedication of our entire team. We're proud of the work we do together and remain committed to delivering informed, active investment management combined with holistic financial and wealth planning to help our clients grow, protect, and preserve their wealth.' To view the full list, visit: About Stansberry Asset Management (SAM)Stansberry Asset Management is a registered investment advisory firm headquartered in Westlake, Texas, with offices in New York, NY, Clifton Park, NY and San Mateo, CA with clients across the country. SAM marries informed, active, sophisticated investment management with holistic financial and wealth planning, all with a focus on helping clients build and preserve their legacy. SAM's approach is rooted in rigorous analysis, strategic insight, and a commitment to client-centric service. For more information, please visit About Worth Worth is a leading American wealth management and lifestyle media company, providing insight and guidance for high-net-worth individuals since 1986. Through rigorous selection, Worth's Leading Advisor program highlights the most accomplished registered investment advisory firms across the country. Their annual list of Top Registered Investment Advisor Firms is recognized as a benchmark of excellence and professionalism within the industry. For more information, visit Contact: Claire Sniderinfo@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
9 hours ago
- Politics
- The Sun
Russia sentences activist who helped Ukrainians flee war to 22 years in prison
LONDON: A Russian activist who helped collect humanitarian aid for Ukraine and evacuate Ukrainians from the war zone was sentenced on Friday to 22 years in prison by a Moscow military court, the RIA state news agency reported. Nadezhda Rossinskaya, also known as Nadin Geisler, ran a group called 'Army of Beauties', which said it had assisted some 25,000 people in Russian-controlled parts of Ukraine in 2022-23, according to a report last year in The Moscow Times. Authorities arrested Geisler in February 2024 and later charged her with treason and aiding terrorist activities over a post they said she made on Instagram calling for donations to Ukraine's Azov Battalion. Geisler denied any wrongdoing, and her lawyer said she was not the author of the post, according to a trial transcript compiled by Mediazona, an independent Russian outlet. Prosecutors had requested 27 years for Geisler, who is in her late 20s. Mediazona reported that she had asked the court to imprison her for 27 years and one day, so that her prison term could surpass that of Darya Trepova, a Russian woman jailed for delivering a bomb that killed a pro-war blogger in 2023. Trepova's sentence, handed down last year, was the longest given to any woman in modern Russian history. Prosecutions for terrorism, espionage and cooperation with a foreign state have risen sharply in Russia since the start of the full-scale war in Ukraine over three years ago. Pervy Otdel, a Russian lawyers' association, says 359 people were convicted of such crimes in 2024.
The Sun
9 hours ago
- Politics
- The Sun
Russian activist sentenced to 22 years for aiding Ukraine
LONDON: A Russian activist who helped collect humanitarian aid for Ukraine and evacuate Ukrainians from the war zone was sentenced on Friday to 22 years in prison by a Moscow military court, the RIA state news agency reported. Nadezhda Rossinskaya, also known as Nadin Geisler, ran a group called 'Army of Beauties', which said it had assisted some 25,000 people in Russian-controlled parts of Ukraine in 2022-23, according to a report last year in The Moscow Times. Authorities arrested Geisler in February 2024 and later charged her with treason and aiding terrorist activities over a post they said she made on Instagram calling for donations to Ukraine's Azov Battalion. Geisler denied any wrongdoing, and her lawyer said she was not the author of the post, according to a trial transcript compiled by Mediazona, an independent Russian outlet. Prosecutors had requested 27 years for Geisler, who is in her late 20s. Mediazona reported that she had asked the court to imprison her for 27 years and one day, so that her prison term could surpass that of Darya Trepova, a Russian woman jailed for delivering a bomb that killed a pro-war blogger in 2023. Trepova's sentence, handed down last year, was the longest given to any woman in modern Russian history. Prosecutions for terrorism, espionage and cooperation with a foreign state have risen sharply in Russia since the start of the full-scale war in Ukraine over three years ago. Pervy Otdel, a Russian lawyers' association, says 359 people were convicted of such crimes in 2024.
Straits Times
11 hours ago
- Politics
- Straits Times
Russia sentences activist who helped Ukrainians flee war to 22 years in prison
FILE PHOTO: A Ukrainian service member is seen at a position near the border with Belarus, amid Russia's attack on Ukraine, in Zhytomyr region, Ukraine December 27, 2022. REUTERS/Viacheslav Ratynskyi/File Photo LONDON - A Russian activist who helped collect humanitarian aid for Ukraine and evacuate Ukrainians from the war zone was sentenced on Friday to 22 years in prison by a Moscow military court, the RIA state news agency reported. Nadezhda Rossinskaya, also known as Nadin Geisler, ran a group called "Army of Beauties", which said it had assisted some 25,000 people in Russian-controlled parts of Ukraine in 2022-23, according to a report last year in The Moscow Times. Authorities arrested Geisler in February 2024 and later charged her with treason and aiding terrorist activities over a post they said she made on Instagram calling for donations to Ukraine's Azov Battalion. Geisler denied any wrongdoing, and her lawyer said she was not the author of the post, according to a trial transcript compiled by Mediazona, an independent Russian outlet. Prosecutors had requested 27 years for Geisler, who is in her late 20s. Mediazona reported that she had asked the court to imprison her for 27 years and one day, so that her prison term could surpass that of Darya Trepova, a Russian woman jailed for delivering a bomb that killed a pro-war blogger in 2023. Trepova's sentence, handed down last year, was the longest given to any woman in modern Russian history. Prosecutions for terrorism, espionage and cooperation with a foreign state have risen sharply in Russia since the start of the full-scale war in Ukraine over three years ago. Pervy Otdel, a Russian lawyers' association, says 359 people were convicted of such crimes in 2024. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Mint
13 hours ago
- Business
- Mint
Now, you can add or remove joint holders in non-demat mutual funds
MUMBAI : People who hold mutual fund (MF) units in Statement of Account (SoA) form—that is, outside of demat accounts—can now add or remove joint holders and transfer those to others online. On 17 June, Mint covered the step-by-step process of transferring or gifting MF units held in an SoA. Today, we will discuss other important updates. Adding or removing joint holders Earlier, non-demat MF investors could not add or remove joint holders. Offline functionality was also absent. Vishal Dhawan, a registered investment advisor (RIA) and founder of Plan Ahead Wealth Advisors, said a joint holder is like a co-owner of the mutual fund, whereas a nominee simply acts like a custodian and is responsible for eventually transferring units to legal heirs. Also Read: How to move your mutual fund units from one demat to another or gift them For example, earlier, when a couple separated, they had to first dematerialize MF units held in the joint ownership account and transfer them to a single-ownership demat account. But now they can remove one holder from the account after mutually agreeing to it. Similarly, a person can seamlessly add their spouse as a joint holder. 'By allowing spouses to be added as joint holders, the transmission in the event of death becomes easier. A joint holder is essentially inheriting in its own right and not as a trustee of the eventual heir. In a way, a joint holder is a shared heir rather than a nominee, who is required to transfer the amount to the legal heir," said Harsh Roongta, an RIA and founder of Fee Only Investment Advisers. 'Allowing such additions will reduce the burden during hard times." When a minor turns 18, the account becomes a major account. Earlier, a joint ownership could not be added when the minor became a major. Now, parents or guardians can add themselves as joint holders when the minor account turns major. Also Read: Sebi reforms: Demat for housing societies, cooperatives a boost for financial inclusion If they choose the 'joint holder' option, transactions require the approval of all parties in the account. If one of the joint holders dies, the surviving joint holder can add another person as a joint holder. Since 18 May, investors can visit the CAMS or KFintech website to add or remove joint holders. A nominee can transfer units directly to legal heirs The transfer of units to legal heirs after a unitholder's passing was a cumbersome process before. Once the unitholder expired, the nominee would get access to the units. It was the job of the nominee to then transfer those units to the rightful legal heirs. Since unit transfers weren't allowed in the SoA form before, the nominee had to dematerialize those units and open demat accounts for each legal heir to transfer the units. 'It used to be a long and tedious process and would sometimes take weeks," said Dhawan. 'If the nominee decided to sell those units and distribute those to legal heirs, then the nominee would incur the entire capital gains." Now, the nominee can simply visit the MFCentral website and directly initiate a transfer. The site automatically redirects the user to either the CAMS or KFintech site, depending on the AMC they've chosen. Also Read: SIPs stop, demat accounts slump: Are retail investors running scared? Dhawan said the new changes are a welcome move and will make life easy for many of those who are holding mutual funds in non-demat form. 'In bank accounts, people can easily add or delete joint holders, and many assumed this could also be done for mutual funds. That wasn't true before, but now they can do so."
