08/07/2023
Bank of America upgrades St James's Place to 'Buy' after share plunge
Attractive entry point for 'quality' franchise
Alternative Investments
08/07/2023
Virtusa Recognized as a Major Contender in the Asset & Wealth Management PEAK Matrix®
Virtusa's inclusion as a Major Contender in the Asset & Wealth Management PEAK Matrix by Everest Group highlights its competitive position and capabilities in the industry.
08/07/2023
PLS and Green Dot deliver banking and payments tools to US consumers
Combining Green Dot’s products and technology with their customer focus will allow them to further their mission of providing more products, more options, and lower service fees.
08/04/2023
Completion Of South Dakota Trust Company (SDTC) Acquisition
The acquisition was announced on 14 June 2023 and has now received US merger control and South Dakota regulatory approvals.
08/04/2023
Cetera acquires Powell Financial Partners
Powell Financial Partners, an independent wealth management company with offices in Georgetown, Texas, has been purchased by Cetera Financial Group, the financial advisor and wealth hub.
08/02/2023
Mosaic boosted by new strategic investment
The company now underwrites cyber, transactional liability, political risk, political violence, environmental liability, financial institutions, and professional liability.
08/01/2023
Hybrid RIA RFG Advisory Takes First Outside Capital With Long Ridge Investment
The majority investment will be used to launch an equity ownership program and beef up RFG’s talent across multiple functions.
08/01/2023
TD Asset Management Inc. Announces Capping of TD Short Term Investment Class
Changing market and regulatory environments have reduced the tax-efficiency benefits of corporate class structures in Canada.
08/01/2023
Morgan Dempsey Collaborates with Merchant to Drive Adoption of Risk-Adjusted Returns Among Wealth Management Community
This partnership aims to provide innovative solutions that address the evolving needs of wealth management professionals seeking enhanced risk management strategies in an elevated-risk environment.
08/01/2023
NewEdge Capital Group Continues Recruitment Momentum in First Half of 2023
NewEdge Advisors, NewEdge Wealth Divisions on Track to Exceed Last Year's Record Results
08/01/2023
Rockefeller Asset Management Launches U.S. Small Cap Core Fund, Adding to Its Active Lineup of Small Cap Strategies
The Fund seeks to invest in quality domestic small cap companies with durable business models and enduring growth.
08/01/2023
ICE Reworks Corporate Bond Trading Tool to Manage Market Risk
The ICE risk matching auction, which matches buyers and sellers of the same corporate bond or list of bonds to determine the best price for the transaction, was reworked and went live in recent months after years of being dormant.
07/31/2023
Brookfield Re criticised for changes in US life insurer’s investment portfolio
Unite Here raised specific concerns about investments in Brookfield Property Partners
07/31/2023
Bansk Group closes maiden fund on $800M
Woodstream, the largest independent pest & animal control platform in North America
07/31/2023
NY Community Rises as Longtime Skeptic Turns Bullish on Bank Growth
This year the regional bank scooped up the failed Signature Bank’s deposits and lured six private banking teams formerly with First Republic Bank.
07/31/2023
Global fintech funding falls to US$52.4bn, but it’s not all bad news
KPMG Pulse of Fintech – H1’2023
07/28/2023
Gallagher’s Q2’23 net earnings reach $235.8m
The firm’s overall reported revenues increased from $2,008.4 million to $2,406.9 million
07/28/2023
Aon’s Reinsurance Solutions delivers 9% organic revenue growth in Q2’23
Across the group, total operating expenses in Q2 2023 increased 2% to $2.3 billion
07/27/2023
Sound Income Group Founder, CEO David Scranton to Speak at Private Wealth Midwest Forum
Barry C. Wheeles of Sound Income Strategies to Also Lead Roundtable
07/27/2023
Pacific Legacy Wealth Partners Launches With Support From LPL Financial
They chose to affiliate with LPL’s supported independence model, LPL Strategic Wealth Services, which enables advisors to grow their business according to their vision.