Current Events

Fastest Growing Industries of the Future

#5 OUTPATIENT CARE CENTERS – Facilities that don’t require a patient to stay overnight. Projected: Compounded annual growth rate 3.2% 2019-2029 Inflation-adjusted output: 2019: $122B and 2029P: $168B Source: US Bureau of Labor Statistics (9/20) Examples: Dialysis Clinics, Family Planning Clinics, Mental health & substance abuse centers Trend: Medical technology advances and minimally invasive surgeries allow for same-day release (Source: Definitive Healthcare …

Fastest Growing Industries of the Future

Republican Representatives Introduce Legislation to extend opportunity zone expiration

An August 3, 2021 article published in the DI Wire notes Representatives across the nation have introduced The Growth and Opportunity Act in an effort to extend the very popular Opportunity Zone investment opportunities for UHNW investors beyond the slated expiration of 2026. The Representatives behind this legislation believe Opportunity Zones are beneficial for both …

Republican Representatives Introduce Legislation to extend opportunity zone expiration

SEC Cracks Down on Compliance Deficiencies for RIAs

In a recent sweep of RIAs SEC examiners found widespread compliance deficiencies. Over half of the RIAs examined were cited for deficiencies relating to portfolio management practices, investment recommendations, managing and disclosing conflicts of interest, and appropriate investment allocations. Specific areas of concern included: Outdated policies, controls, and procedures Not adhering to stated policies, controls, …

SEC Cracks Down on Compliance Deficiencies for RIAs