Warren, Empower Face Off Over Company's Private Market Moves

Published on July 8, 2025

In a letter responding to the Massachusetts senator’s concerns about Empower expanding alts access for employees’ defined contribution retirement plans, CEO Edmund Murphy argued the move is “not an open door—it’s a carefully monitored gateway.”

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14 Investment Must Reads for This Week (July 8, 2025)

July 8, 2025
BlackRock made another move to bolster its private market capabilities with the acquisition of net lease real estate firm ElmTree Funds. Private investment platform Linqto, which promised access to pre-IPO firms, filed for bankruptcy amid SEC scrutiny of its practices. These are among the investment must-reads we found this week for financial advisors.

Gas Prices Fall for Second Straight Week

July 8, 2025
Gas prices fell for a second straight week, hitting their lowest level in nearly a month. As of July 7th, the price of regular gas was down 4 cents while the price of premium gas was down 3 cents from the previous week.