08/03/2022
LPL Recruits Record $44B in Q2
While advisor movement across the industry has muted, LPL added 780 advisors in the second quarter, many of which came from its recruitment of CUNA Mutual Group.
Alternative Investments
08/03/2022
David Poliquin on the principles that led to his success
For the 2022 5-Star Advisor, a strong professional ethos is the natural starting point
08/02/2022
Silgan Holdings Inc. Completes Listing Transfer to the New York Stock Exchange
“We are excited to welcome world-class manufacturer, Silgan, to the NYSE’s community of icons and disruptors,”
07/29/2022
How to Overhaul the Tried-and-Tested Investment Portfolio When Inflation Soars
“In contrast to the last cycle, you’ve had a mix of growth and inflation conditions that are quite unfriendly,”
07/29/2022
CIBC Asset Management announces final valuation for terminating CIBC Multifactor Canadian Equity ETF and CIBC Multifactor U.S. Equity ETF
As announced on May 16, 2022, the CIBC Strategic Beta ETFs were delisted from the Toronto Stock Exchange at CAMI's request as of market close on July 26, 2022, and will be terminated as of the close of business today, July 29, 2022.
07/28/2022
Manulife Investment Management announces updates to investment offerings
The Manufacturers Life Insurance Company (Manulife) is the issuer of insurance contracts containing Manulife segregated funds and the guarantor of any guaranteed provisions therein.
07/28/2022
Franklin Resources, Inc. Announces Third Quarter Results
Adjusted operating income2 was $566.9 million for the quarter ended June 30, 2022, as compared to $576.6 million for the previous quarter and $601.2 million for the prior year.
07/28/2022
Chubb’s net income falls 46% to $1.2b
The P&C combined ratio was 84.2% compared to 88.6% prior year, and the current accident year P&C combined ratio excluding catastrophe losses was 83.5% compared to 85.3% prior year.
07/27/2022
Jane Fischer Asset Management Launches the Exclusive Services of Account Management Services
JFTfunds offers managed accounts, a category of trading service that chooses a collection of funds and puts them together in a portfolio for a specific client.
07/27/2022
PNC Bank Launches Community Advisory Council With 17 New Members Appointed
Community Leaders Selected to Help Steer Bank's $88 Billion Community Benefits Plan
07/27/2022
Truist continues to deliver on rural investment, lending and services commitments
Ongoing rural initiatives a critical component of Truist's $60 billion Community Benefits Plan
07/27/2022
Citizens Business Conditions Index™ moderates from Q1 peak
Business activity remains healthy, but is clearly cooling from the prior quarter.
07/26/2022
CION Investment Group Acquires Full Stake in Seven Group
This acquisition expands the value-add services available for financial advisors that work with CION and builds on its successful and growing retail distribution platform.
07/25/2022
Apollo Asset Management and Athene Receive Strong A2/A1 Investment Grade Ratings from Moody’s Investors Service
The Moody’s A1 IFS rating for Athene’s insurance subsidiaries reflects the strong market position in its core retirement services products.
07/25/2022
How Manulife is helping to democratize real assets
Eric Menzer of Manulife Investment Management sheds light on firm's alternative income and inflation protection solution
07/25/2022
FAF Wealth Management Advisor launches LWS Financial & Affiliates with MassMutual and MMLIS
As a recognized industry leader specializing in wealth management for closely held businesses and high-net-worth individuals and families, Weinstein has grown his practice to serve a diverse client base.
07/25/2022
BMO Global Asset Management Expands Investment Capabilities with Experienced Global Equity Team
The new Global Equity team are the latest among 50 recent hires across BMO GAM to accelerate growth in key areas
07/22/2022
1832 Asset Management announces sub-advisor change
There will be no change to the investment objective of the Fund resulting from this change.
07/22/2022
J.P. Morgan Re-Appointed by Florida SBA as Manager on Florida Growth Fund
The firm will commit to private equity funds based in Florida, as well as making investments directly in companies with a significant presence in the state.
07/21/2022
J.P. Morgan: Working capital of S&P 1500 companies returns to pre-pandemic range
An estimated $523 billion in liquidity remain trapped in the supply chains of the companies, according to J.P. Morgan’s 2022 Working Capital Index report