Financial Advisor Magazine names Azzad in 2023 RIA Survey and Ranking
Annual ranking of registered investment advisors includes more than 500 firms FALLS CHURCH, Virginia (July 25, 2023) – Azzad Asset Management has been named in Financial Advisor magazine’s 2023 RIA Ranking. The report is an annual survey that ranks registered investment advisors (RIAs) based on percentage growth in assets from the previous calendar year and is the […]
Azzad Asset Management Announces Ownership Change
Virginia-based registered investment advisor now ‘100% employee owned’ (Falls Church, VA, July 18, 2023) — Azzad Asset Management announced today that it has concluded an asset sale in which existing non-employee owners of the company agreed to sell and transfer all ownership interests in Azzad to key employees of Azzad. The transaction, which closed on […]
Shareholder Proposal Cites Potential Risks of Chatgpt During 2024 Elections
A group of Microsoft investors has filed a formal shareholder proposal calling on the company’s board to issue a report on the material risks of its generative artificial intelligence technology facilitating misinformation and disinformation, as well as assessing the effectiveness of Microsoft’s efforts to remediate those harms. The proposal raises concerns that AI tools such […]
Weekly Market Recap – July 10, 2023
Wall Street enjoyed a positive week of returns, with each of the benchmark indexes posting solid gains, despite a marginal downturn at the end of last week.
Market Timing Reminder: Just Say No
Should you sell out of the market and go to cash when you’ve got a hunch markets are headed lower? Of course not. While moving to cash might feel good mentally and help you avoid short-term stock market volatility, it is unlikely to be a wise move over the long term. Here’s why: When your […]
Why I became a financial advisor
Ehab Alalfey, Azzad Investment Advisor I have been around the wealth management industry for as long as I can remember. I recall helping my father, an immigrant to this country, with his work as a junior advisor at a practice in Maryland when he was just getting started. I would help him when I was […]
Weekly Market Recap – July 3, 2023
The Markets (second quarter through June 30, 2023) Wall Street proved resilient during the second quarter of the year, despite rising inflation, two interest rate hikes, and concerns about the debt ceiling. The economy remained relatively strong, despite predictions that it may be headed toward a recession. The second quarter saw information technology, communication services, […]
Weekly Market Recap – June 12, 2023
Stocks closed another week higher, with each of the benchmark indexes listed here posting gains. With last week’s advance, the Nasdaq has risen for seven consecutive weeks, while the S&P 500 hit its highest level since August 2022. The S&P 500 is more than 20% above its October 2022 low, putting it in bull territory. […]
Weekly Market Recap – June 5, 2023
The Markets (as of market close June 2, 2023) Stocks began the week on a downturn, but rallied later to end last week higher. Each of the benchmark indexes posted solid weekly gains, led by the Russell 2000, followed by the Nasdaq, the Dow, the S&P 500, and the Global Dow. Investors began the week […]
Azzad Earns ‘Top Guns’ Designations from Informa Investment Solutions
Seven strategies excel again across multiple categories and reporting periods Azzad Asset Management announced today that seven of its investment strategies have again been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors. PSN […]
