By Barron's Advisor Staff
Robinhood wants to make private investments more accessible to retail investors, and last Friday the company moved closer to that goal through the launch of its first fund, a publicly traded venture capital fund that invests in privately held companies. Robinhood Ventures Fund I, which trades as RVI, is structured as a closed-end fund. Its initial offering was priced at $25, but shares quickly fell as low as $21 when they started trading. They were trading at $22.59 this afternoon.
Among other most-read wealth management articles this week:
Advisors' favorite tax strategies . Financial advisors typically use multiple basic techniques to help clients mitigate their tax bills, including buying municipal bonds, harvesting tax losses, using ETFs instead of mutual funds, and Roth conversions. But more nuanced strategies may be advisable, especially for wealthier clients. Using a long-short investing strategy, planning around charitable giving, and buying private placement life insurance are a few popular strategies for high-net-worth clients.
Dealing with the penny glut . Wondering what to do with piles of pennies now that they are gradually going out of circulation? The U.S. Mint ceased production of one-cent coins in late 2025. Since then, change is getting harder to spend. The result is that pennies are piling up in people's homes. We share creative ideas for what to do with them.
Schwab is getting into crypto. What's coming . Charles Schwab anticipates making a direct cryptocurrency offering available in the second quarter of this year to a limited group of clients. A larger expansion is likely to follow, CEO Rick Wurster tells Barron's. The company plans to allow customers to directly hold Bitcoin and Ethereum even though the "fervor" around digital assets has waned.
Former broker to NBA players is guilty of fraud . A former Morgan Stanley advisor has been found guilty of defrauding three professional basketball players through a life insurance scheme from 2017 through 2020. Prosecutors say that Darryl Cohen bilked the players out of more than $5 million through steep markups on life insurance policies and other schemes.
Clients want to unretire? Here's how to help them . Thousands of Americans retire every day only to find themselves back at work after a few months. In a recent six-month period, 7% of retirees resumed working, according to an AARP survey. In some cases, they need the money. In others, their old company gives them a generous deal to consult on a project. And sometimes they just find retirement boring. For this week's Barron's Advisor Big Q, we asked financial advisors how they support these "unretires."
Write to advisor.editors@barrons.com
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March 13, 2026 15:58 ET (19:58 GMT)
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