03/08/2023
Echelon Wealth Partners Inc. and PI Financial Corp. Announce Merger
With over $12 billion of client assets, the combined firm is set to continue to grow its investment advisory and wealth management businesses.
Alternative Investments
03/08/2023
Wooster Square Advisors Team Joins Cetera Advisor Networks
$250 million practice joins from Park Avenue Securities
03/08/2023
Stratos Wealth Partners expands stake in First Wealth Financial Group
Stratos has been a non-ownership partner in the firm for the past eight years, providing support and guidance as its client base grew and operations expanded to six advisers in four locations.
03/08/2023
Marquee Capital to Launch Second Real Estate Fund
$100M Fund Will Focus on Retail, Seniors Housing & Opportunistic Real Estate Investments
03/08/2023
Heffernan Insurance Brokers Named a Finalist in the Tenth Annual Family Wealth Report Awards 2023
These awards are judged by an expert panel of more than 40 judges and finalists are selected on the basis of entrants' submissions
03/08/2023
Vanguard ETF's patent expiration may cause a spike in clones
All eyes on first application to also adopt the ETF-as-share-class structure
03/07/2023
Creative Planning Acquires Telarray Advisors
The Memphis Based Wealth Management Firm Manages $1 Billion in AUM
03/06/2023
Bridgewater raises new fund strategy less dependent on equities
Two fund vehicles under that strategy's name had raised $836.4 million from investors since their launches in July
03/06/2023
SoftBank's Arm Aims to Raise at Least $8 Billion in U.S. IPO, Sources Say
The listing is expected to happen later this year and the exact timing will be determined by market conditions, the sources added.
03/02/2023
WesBanco Again Named One of America's Best Banks by Forbes
WesBanco prides itself on delivering large bank capabilities with a community bank feel
03/02/2023
Clearstead boosts Southwest presence with Avalon Trust acquisition
The new deal represents the eighth acquisition of Clearstead and the second after Flexpoint Ford made a majority investment in the firm in February last year.
03/02/2023
Davidson Investment Advisors Completes Acquisition of Caprin Asset Management
he combination enhances the firm’s collective investment and operational capabilities, positioning the firm to deliver additional value-added service offerings for clients.
03/02/2023
RBC beats expectations despite profit drop due to higher bad-loan provisions
Earnings grew across core banking business and capital markets segments
03/01/2023
Wells Fargo provides $288 million for affordable housing project in Manhattan
A public access waterfront park will be built adjacent to the project on land provided by New York City.
03/01/2023
Prudential, Vitality Global expand partnership in Latin America
Building on success in Argentina and Brazil, Prudential Financial and Vitality Global are making holistic wellness achievable for more Latin Americans.
03/01/2023
Beacon Pointe Advisors Finishes Strong in 2022, Keeps the Ball Rolling in 2023
Five Firms Choose Beacon Pointe as Their RIA Partner
02/28/2023
Pathstone to Acquire Rex Capital Advisors
In addition to their customized family office solutions, the Rex team brings deep expertise in private equity, and venture capital.
02/28/2023
Argo posts 2022 loss in ‘transformative year’ for business
Its gross written premiums fell to $2.8 billion in 2022, a 10.5% decline on the same period a year earlier.
02/28/2023
Mercer Launches Broker/Dealer for Legacy Assets
Mercer has had a particularly close relationship with Raymond James
02/27/2023
The International Banker 2023 North & South American Awards Winners
The US bank-earnings season also saw share prices for many major American lenders markedly decline off the back of funding pressures triggered by deposit outflows, higher costs of funds and net interest margin pressures.