04/05/2023
Virtual Externship Offers Pathways for the Next Generation of Financial Planners
Conceived as a response to pandemic shutdowns, the program solves for a much larger problem.
Alternative Investments
04/04/2023
US overtakes UK as most attractive market for UK retail investors
Charles Schwab UK research
04/04/2023
Canada Life buying Investment Planning Counsel business from IGM Financial
It estimates that transaction and integration costs of $25 million pre-tax are expected over 12 to 18 months after the deal closes.
04/04/2023
Canada Life acquires Investment Planning Counsel
Acquisition aligns with Canada Life's vision to establish a leadership position in the Canadian independent advisor wealth market
04/04/2023
LPL Adds Ohio OSJ with $850M in Client Assets
Financial Design Group is joining LPL from Securian Financial Services, and comes after teams with $1.45 billion collective assets joined the firm’s Strategic Wealth Services division this month.
04/04/2023
Mercer Advisors Acquires Andesa Financial Management, Inc.
Expanding Mercer Advisors' Northeast Presence
04/03/2023
SeaCrest Wealth Management LLC focuses on unique needs of clients
He works with each client, in coordination with their tax and legal advisers, to employ disciplined investment, tax, and estate planning strategies, consistent with their specific goals and future needs.
04/03/2023
Asset Management Industry Transforms to Align with Changing Financial Advisor Needs
Asset Management Industry Transforms to Align with Changing Financial Advisor Needs
04/03/2023
Baskin Financial Services Acquires Stake in Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce is known for providing outstanding banking and wealth management services to a wide range of clients and investors from different segments across various nations worldwide.
04/03/2023
Focus welcomes Westcourt Capital as new partner firm
Deal deepens U.S.-based independent wealth partnership’s footprint in Canadian ultra-high-net-worth market
04/03/2023
Schear Investment Advisers LLC acquires stake in Bank of America, despite mixed industry ratings
This move has further solidified the company’s status within the financial sector and it may be seen as indicative of future growth and investment opportunities.
04/03/2023
Fifth Star Funds: A Data-Backed Solution to the Racial Wealth Gap
While others are approaching the funding racial gap seen by Black startup founders, Fifth Star is taking a unique approach, focusing on not only the funding gap but offering a data-backed solution to shrinking the racial wealth gap as a whole.
03/31/2023
Cetera Announces Strategic Relationships with Two Financial Institution Investment Services
Mechanics Investment Services and UNCLE Wealth Management partnering with Cetera Investment Services
03/29/2023
Macquarie Asset Management announces investment in US fiber business Pavlov Media
The Fund’s investment will allow Pavlov Media to continue the construction of fiber infrastructure in existing and new markets, expand the company’s MDU market presence and accelerate Pavlov Media’s fiber-to-the-home initiatives
03/29/2023
Individual Investors Favor Resort Hotels Within Broader Hospitality Sector
Full-service hotels in vacation destinations are attracting equity from high-net-worth investors who are joining deals as limited partners.
03/28/2023
Morningstar's Target-Date Strategy Landscape Report Finds Investors Stayed the Course Despite Market Volatility in 2022
Total target-date assets fell to $2.82 trillion in 2022 from its record high of $3.27 trillion in 2021.
03/28/2023
Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks
Despite assurances from CEO Walt Bettinger and the Charles Schwab himself, questions around the comnpany won't go away.
03/28/2023
Oxbridge Launches Offering of Tokenized Reinsurance Security: DeltaCat Re
The DeltaCat Re token will indirectly represent fractionalized interests in reinsurance contracts, with each token representing one preferred share of SurancePlus.
03/27/2023
Banking woes, Fed keep investors on edge in nervous U.S. stock market
Banking sector concerns drove sharp moves in financial stocks in the United States throughout the week after the collapse of two U.S. lenders
03/27/2023
Oppenheimer has issued an earnings forecast for Wells Fargo & Company for the third quarter of 2023.
Earnings of $4.81 per share are expected to be generated by Wells Fargo & Company over the entire calendar year.