05/04/2018
LPL Retains 59 Percent of NPH Advisors, $75 Billion of AUM
The firm was not able to transfer over a minimum of 72 percent in advisor production from NPH, so it won’t have to shell out a contingent payment.
05/02/2018
Rokos Overtakes Howard as Billionaire's Clients Pull Money
Brevan Howard’s AUM have dropped more than 75% from their peak
04/30/2018
Stifel reports 'strongest first quarter performance' in company history
Brokerage revenue climbed nearly 10 percent year-over-year to $264 million, while investment banking revenue grew 39 percent to $176.4 million.
04/26/2018
Sun Life Plots Private Debt Growth Via Acquisition This Year
Canadian insurer investment arm plans a number of acquisitions
04/26/2018
Lazard Ltd Reports First-Quarter 2018 Results
First-quarter 2018 net income on a U.S. GAAP basis was $160 million, or $1.21 per share (diluted).
04/25/2018
Global Investor Confidence Rose in April by 3.0 points to 114.5
It measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors.
04/25/2018
Addepar Surpasses $1 Trillion in Assets on Its Platform
Addepar Doubles Assets in 18 Months and Doubles Down on Expansion Plans
04/19/2018
Wealth management profits jump 40% at U.S. Bank
U.S. Bank's wealth management and investment services are delivered through five distinct businesses, including U.S. Bancorp Wealth Management.
04/16/2018
Mercer Reports Increase in Assets
New client inflows accounted for approximately $48 billion of the increase.
04/13/2018
Asset manager BlackRock reports 26.8 percent rise in first-quarter profit
The New York-based company's net income rose to $1.09 billion
04/13/2018
Wells Fargo faces $1 billion fine to settle loan abuses
Analysts on average were looking for $1.06 per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the reported figures were comparable.
04/04/2018
David Einhorn is sticking to his guns despite one of the worst quarters ever for his hedge fund
Greenlight Capital's posted one of its worst quarterly returns ever to start 2018, down 13.6 percent versus the market's 1.2 percent decline.
03/27/2018
R. M. Davis Surpasses $4 Billion in Assets Under Management
Firm remains largest private wealth manager in Northern New England
03/22/2018
Raymond James Financial Reports February 2018 Operating Data
Financial assets under management of $131.9 billion increased 56% over February 2017
03/21/2018
Investment bank swings to quarterly loss on tax charge
Forward-looking statements include statements about our future results and performance, including our future market share and expected financial results.
03/13/2018
SS&C GlobeOp Hedge Fund Performance Index: February performance
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advance 0.42% in March.
03/01/2018
TD Bank hikes dividend as earnings beat market expectations
This analysis is dated February 28, 2018
03/01/2018
Cozen O'Connor Grows Revenue, Profits Amid Extended Hiring Spree
The firm said it beat its profitability expectations in a year of nonstop lateral additions.
02/27/2018
BMO Financial Group Reports Net Income of $973 million for First Quarter of 2018
The constructive economic environment, particularly in the U.S., plays to the strengths of our business mix, with another quarter of increased contribution from our U.S. segment, which grew at a higher rate than the bank overall.
02/26/2018
Greenberg Traurig Turns Up the Heat on Growth Plan
In its 50th year in business, the Miami-based legal giant saw its gross revenue climb to $1.477 billion.