12/16/2022
STP Investment Services Acquires Leading Family Office and Wealth Advisory Fintech Solution, WealthSite
The acquisition brings STP’s AUA to over $400B and will accelerate the technology roadmap of the firm’s proprietary BluePrint platform
Alternative Investments
12/16/2022
Apollo Funds Provide $200 Million to WEC Energy Group Renewable Portfolio
Wind Holding is part of WEC Energy Group’s nonutility energy infrastructure business, which has agreements in place for majority ownership interests in wind and solar generating facilities that are capable of producing more than 1,700 megawatts of e
12/16/2022
CIBC Asset Management expands strategic relationship with Ares Management to include Private Credit
Investors are seeking alternative opportunities beyond traditional publicly traded securities and private credit offers diversification, insulation from market volatility
12/15/2022
PowerFlex Receives a $100M Investment from Manulife Investment Management
Capital Raise to Accelerate Software Development and Scale Up Project Deployment
12/15/2022
When Merging Retirement Planning and Wealth Management, Participants Must ‘Come First’
As retirement planning and wealth management begin to overlap, a dividing line must be drawn between them for both business and compliance reasons, according to a panel of experts in PLANADVISER’s latest practice management webinar.
12/14/2022
F.N.B. Corporation Completes Acquisition of UB Bancorp
FNB Welcomes New Customers in North Carolina
12/13/2022
Money managers seek young talent to grow their firms
BPTW winners emphasize student debt help and diversity in their recruiting
12/13/2022
JPMAM launches two new sustainable ETFs
T3MP specifically invests in companies that JPMAM believes are poised to benefit from growing demand for climate change solutions.
12/13/2022
State Street Global Advisors Extends Proxy Voting Choice to More Investors
State Street Global Advisors’ clients in separately managed accounts already have the ability to either vote their own shares directly or delegate proxy voting of their shares to the firm’s asset stewardship team.
12/13/2022
Crystal Capital Partners Named Alternative Investments Platform of the Year by Wealth Solutions Report
Prestigious Industry Award Recognizes Leading Alternative Investment Platforms Helping Financial Advisors Align Alternative Assets with High-Net-Worth Clients
12/13/2022
Hightower Facilitates Strategic Merger Between Hightower Bellevue and $350 Million Sovereign Wealth Advisors in Washington
Sovereign Wealth Advisors specializes in financial and retirement income planning, investment management, tax management and estate planning
12/13/2022
The $115 Billion Thematic ETF Boom Lives On Even as Losses Mount
More than half of thematic funds are trading below their launch price.
12/12/2022
Arthur J. Gallagher & Co. Acquires Mahowald Insurance, LLC
Founded in 1930, Mahowald is a retail insurance agency offering commercial and personal products, employee benefit packages and risk management services for clients across the Midwest.
12/09/2022
Abundance Asset Management Launches 506C Fund With a Mission to Safely Outperform the Market
Abundance Asset Management has unveiled the Abundance Asset Management Fund, a 506C fund that applies the Abundance Strategy.
12/09/2022
Kestra Private Wealth Services Welcomes HF3 Wealth Partners
Alexandria, Virginia-based firm sought freedom and resources to deliver a top-notch, client-centric approach
12/09/2022
RBC Global Asset Management Inc. announces November sales results for RBC Funds, PH&N Funds and BlueBay Funds
Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada and only include Canadian prospectus qualified mutual funds.
12/09/2022
First Fidelity Bank launches digital wealth management services with Unifimoney - enabling customers to bank and invest
First Fidelity Bank customers can choose to self direct invest in traditional or alternative assets, access financial planning software and education and content through their existing online banking channel.
12/08/2022
Mission Wealth Selected to Inc's 2022 Best In Business List
Mission Wealth has been named to the Inc. 2022 Best in Business list in the Prosperous and Thriving category.
12/08/2022
Regions Bank Announces Creation of Franchise Lending Team
Led by 36-year industry veteran Peter Salas, initiative expands Regions’ specialized banking capabilities for small businesses.
12/08/2022
Lincoln Financial Group named to Newsweek’s list of Most Trustworthy Companies
The company has been ranked third of 21 in the Financial Services industry among 400 honorees total spanning 22 industries