Archvest Wealth Advisors

Employers that want to offer 401(k) participants access to private equity get new rule

Archvest Wealth Advisors — Thu, 02 Apr 2026 07:00:00 +0000

The Department of Labor unveiled on Monday a new proposed rule for 401(k) plan sponsors that want to offer plan participants the option of investing in private equity and other “alternative” investments like crypto and commodities.

The proposed rule gives plan fiduciaries “maximum discretion and flexibility in selecting any particular investment as a designated investment alternative,” according to the DOL.

“The department’s days of picking winners and losers are over. Our rule clearly spells out that managers must evaluate any and all potential product offerings by following a prudent process,” said Deputy Secretary of Labor Keith Sonderling in a statement. “This proposal is decidedly neutral and refrains from saying that any asset class is any better or worse than other investment types, as the law requires.”

Jeanne Sahadi | CNN

Millionaires in America: How common is it to have a 7-figure net worth?

Archvest Wealth Advisors — Tue, 31 Mar 2026 19:00:00 +0000

More than 1,000 people become millionaires in the U.S. each day.

If you’ve dreamed of becoming a millionaire, you’re not alone. To many, hitting this financial milestone signals you’ve “made it.” With assets valued at seven figures, you can wave goodbye to many of the financial stressors that nagged at you when you had less.

However, with inflation eroding the value of the dollar with each passing year, being a millionaire doesn’t mean what it used to. As a result, there are more millionaires today than there used to be, and becoming one might be more within your reach.

Read on to learn more about how many millionaires there are in the U.S. today and ways you can grow your net worth to become a millionaire too.

Emily Batdorf | Yahoo Finance

Ares, Apollo Cap Private Credit Fund Withdrawals as Exodus Grows

Archvest Wealth Advisors — Thu, 26 Mar 2026 19:00:00 +0000

Two of the biggest names in private credit, Ares Management Corp. and Apollo Global Management Inc., blocked investors from getting even half of the money they wanted out of their funds, a sign of mounting strain in the $1.8 trillion market. The $10.7 billion Ares Strategic Income Fund limited withdrawals to 5% of shares after clients sought to redeem 11.6%, according to a letter to shareholders Tuesday. That followed the $15.1 billion business development company, Apollo Debt Solutions, which said Monday it was imposing the same cap after requests to pull 11.2%. Bloomberg’s Paul Gulberg joins to discuss.

Bloomberg

Brace for a $14 Trillion ‘Debt Wave’: Why Apollo’s Chief Economist Is Warning of Major Changes Ahead for Investors

Archvest Wealth Advisors — Tue, 24 Mar 2026 19:00:00 +0000

Investors are facing a historic supply shock as a $14 trillion deluge of high-quality debt prepares to hit global markets over the next year.

According to Apollo Global Chief Economist Torsten Slok, this unprecedented debt wave — fueled by massive U.S. government refinancing and a surge in corporate borrowing — is set to fundamentally shift the fixed-income landscape.

Wajeeh Khan | Yahoo Finance

Millionaires in America: How common is it to have a 7-figure net worth?

Archvest Wealth Advisors — Thu, 19 Mar 2026 19:00:00 +0000

More than 1,000 people become millionaires in the U.S. each day.

Read on to learn more about how many millionaires there are in the U.S. today and ways you can grow your net worth to become a millionaire too.

Emily Batdorf | Yahoo Finance

2026 tax tips: What to know about overtime & tips

Archvest Wealth Advisors — Tue, 17 Mar 2026 19:00:00 +0000

Tax season is in full swing. In this episode of The Big Idea, presented by Block Advisors, built by H&R Block, Host Elizabeth Gore breaks down important upcoming tax changes affecting overtime pay and tipped income. A new law introduces employee deductions for qualified overtime compensation and qualified tips, which could prompt employees to request more detailed earnings information from their employers.

Yahoo Finance

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February inflation data is ‘decent,’ but the Fed needs more

Archvest Wealth Advisors — Thu, 12 Mar 2026 19:00:00 +0000

February’s Consumer Price Index (CPI) data shows that inflation mostly held steady from January.

Interactive Brokers chief strategist Steve Sosnick, Yahoo Finance Head of News Myles Udland, and New Century Advisors chief economist Claudia Sahm join Morning Brief host Julie Hyman to discuss the latest numbers.

Sahm also served as a Federal Reserve Board economist and is the creator of the central bank’s Sahm Rule recession indicator.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief.

Yahoo Finance Video & Julie Hyman

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Stock market today: Dow, S&P 500, Nasdaq futures slide, oil climbs as volatility continues amid Iran war

Archvest Wealth Advisors — Tue, 10 Mar 2026 19:00:00 +0000

US stock futures moved lower late Wednesday as investors grappled with rising oil prices following a second straight mostly down day on Wall Street.

Futures tied to the Dow Jones Industrial Average (YM=F) dropped around 0.6%. Contracts linked to the S&P 500 (ES=F) and Nasdaq 100 (NQ=F) both also lost around 0.6%.

Rian Howlett | Yahoo Finance

BlackRock $26 Billion Private Credit Fund Limits Withdrawals

Archvest Wealth Advisors — Thu, 05 Mar 2026 20:00:00 +0000

BlackRock Inc. curbed withdrawals from one of its biggest private credit funds after client requests for redemptions spiked, the latest sign of investor anxiety about the $1.8 trillion private credit industry.

The firm’s $26 billion HPS Corporate Lending Fund, one of the largest non-traded business development companies, said in a statement Friday that shareholders requested 9.3% of their shares, but management decided to cap the repurchases at 5%. While the total value of shares would have been about $1.2 billion, according to Bloomberg calculations, investors will get back about $620 million that the fund held at year-end.

Silla Brush & Olivia Fishlow | Yahoo Finance

Weak jobs report likely to keep Fed on hold in wake of oil price shock

Archvest Wealth Advisors — Tue, 03 Mar 2026 20:00:00 +0000

A weak jobs report for February quashed the notion that the labor market is stabilizing, but it likely won’t push the Federal Reserve to cut interest rates this month, given the oil price shock from the Iran war poses a risk of higher inflation.

“This jobs report has got my attention,” San Francisco Fed president Mary Daly told CNBC. “The labor markets may be a little weaker than we have seen so far.”

Jennifer Schonberger | Yahoo Finance