What’s in Store at Summit 2017? February 28, 2017 | by Beth Glavosek | Blue Vault   The 2017 Blue Vault Broker Dealer Educational Summit is just around the corner now that March is here. Have you marked your calendar for March 13-15, 2017? The Summit will be held at the Ritz-Carlton in downtown Atlanta. Broker…

NASAA Guidelines February 23, 2017 | by Beth Glavosek | Blue Vault In July 2016, the North American Securities Administrators Association (NASAA) issued a request for public comment regarding an amendment to its policy on REITs. The proposal would add a uniform concentration limit of 10% of an individual’s liquid net worth, applicable to their aggregate…

“Usually change is good, and that’s a good thing...” Blue Vault’s 3rd Annual Summit January 30, 2017 | Stacy Chitty | Blue Vault [caption id="attachment_12304" align="alignnone" width="797"] Broker Dealers discussing important industry topics at Summit 2016[/caption] Blue Vault’s 3rd annual educational Summit will be held March 13-15. The purpose of the meeting is to give leading…

Common Questions about IFCEFs January 26, 2017 | by Beth Glavosek | Blue Vault Over the past year, Blue Vault has more closely tracked the sales of Interval Funds and nontraded Closed-End Funds (IFCEFs) and now includes their data in its research reports.   The following are common questions we hear about these types of investments: …

Nontraded BDCs Post Annualized Return of 14.7% December 9, 2016 | Blue Vault Nontraded BDCs this year have produced a median annualized return of 14.7%. Through the end of September 2016, BDCs have performed exceptionally well despite the slowest capital raise in four years. "Unfortunately, many investors are missing out on these returns because financial…

Understanding Asset Management Fees December 1, 2016 | by Beth Glavosek | Blue Vault Asset management fees (also known as Advisory Fees) are ongoing fees charged to investors in nontraded REIT programs. These fees accrue monthly or quarterly and are based on the sponsor’s definition of asset totals. While Blue Vault’s recent Fee Study found…

The Future of Acquisition and Disposition Fees November 16, 2016 | by Beth Glavosek | Blue Vault Acquisition and disposition fees have long been a part of many nontraded REIT sponsors’ programs. The fees presumably cover costs related to acquisition and disposition activity. One sponsor, for example, states in its prospectus that it will pay…

Blue Vault’s Second Quarter Report – What’s New? Blue Vault has released its Second Quarter 2016 Nontraded REIT Industry Review. Here are some key findings from our research: Sales by nontraded REITs totaled an estimated $1.09 billion, down from the $2.35 billion recorded in Q1 2016. This number is more than 57% below the average…

Getting Started with the Due Diligence Process September 16, 2016 | by Beth Glavosek, in collaboration with Alan Royalty and Scott Brown | Blue Vault and Blue Vault Due Diligence Services In a previous blog post, we highlighted the importance of using due diligence to make informed decisions. For Independent Broker Dealers in particular, due…