10/21/2019
EP Wealth Acquires $110 Million RIA in San Francisco
The partnership opens doors to new financial planning services for our clients to meet their financial goals.”
Alternative Investments
10/20/2019
How Three FinTech Startups Are Disrupting Retirement Planning, Blending Human And Tech
While these three FinTechs might not be opening physical locations any time soon, they are moving away from exclusively robo-based services.
10/18/2019
Dream Asset Management Corporation Increases Interest In Dream Hard Asset Alternatives Trust
DAM has agreed to accept Units in satisfaction of the management fees in order to increase its ownership stake in DAT and to preserve the business’s cash to support the cash distributions by DAT while DAT seeks to increase the market value of the Un
10/18/2019
Citizens Financial Group, Inc. Reports Third Quarter Net Income of $449 million
Underlying net income of $453 million up 1% and EPS of $0.98 up 5% year over year
10/16/2019
Blackstone Real Estate Income Trust to Acquire the Bellagio Real Estate from MGM Resorts International for $4.25 Billion in Sale-Leaseback Transaction
The sale is expected to close by year end and is subject to customary closing conditions.
10/16/2019
CME Group Announces First Trades of New Shanghai Gold Futures
The new products bridge the two largest gold exchanges effectively as China's gold market continues to internationalize. This offers new trading opportunities to the market.
10/16/2019
Syncora to distribute proceeds of sale of subsidiary to investors
Management and tax advisors are analysing the applicable tax considerations arising from the sale and distribution to Syncora equity holders
10/16/2019
Wells Fargo, Scholarship America Launch 2020-21 Disability Scholarship Program
Applications accepted through Dec. 6, 2019
10/16/2019
Fund managers waiting out high-profile unicorn IPOs after string of flops
Callinan is now shifting his strategy to wait until at least after the 180-day lock-up period
10/16/2019
Private Equity Changes Everything
The growth of private equity is “one of the most profound shifts in the capital markets since the 19th century,” according to a new EY report.
10/16/2019
Relative Insight Secures $5 Million Series A
Developed through a 10-year research project with Lancaster University’s linguistic and cybersecurity departments, the technology platform compares language sets to detect linguistic and attitudinal differences between consumers and brands as well a
10/16/2019
Under Hasenstab, Franklin Templeton Global Bond Fund Loses $3 Billion in Bad Quarter
Total net assets of the global bond fund fell from US$ 33 billion to US$ 30 billion.
10/15/2019
Fidelity Introduces New Customized Investment Models in Fidelity AMP, Its Award-winning Digital Advice Solution for Advisors
Fidelity AMP Combines Human and Digital Capabilities to Help Advisors Scale Their Businesses and Deliver Greater Value to Investors
10/15/2019
More money is being pulled out of stock funds than at any point in the last 10 years
Investors pulled roughly $60 billion from stock funds in the third quarter, marking the largest equity outflow since 2009, according to Morningstar data cited by the Wall Street Journal.
10/15/2019
Eaton Partners Acts as Placement Agent for Turning Rock Fund I
Turning Rock has been active in the marketplace with nine investments across a diversified portfolio of structured debt, equity, and hybrid investments targeting North American small and mid-capitalization businesses.
10/14/2019
Arthur J. Gallagher acquires Swedish broker
Vyvienne Wade, CEO of Gallagher's International division, added: "Proinova is an impressive business, with high-quality people who focus on culture and clients first and foremost, just as we do at Gallagher.
10/11/2019
Fund Managers Try Financial Planning as Indexing Cuts Profit
Fund providers are bolstering their own income by offering financial planning services to advisers and individual investors, for a fee, of course.
10/10/2019
Arthur J. Gallagher & Co. Acquires Direct To PolicyHolder (DTPH)
DTPH brings Gallagher deep expertise in next-generation ecommerce marketing.
10/09/2019
Arthur J. Gallagher & Co. Acquires Garrett-Stotz Company
Garrett-Stotz is a terrific fit with Gallagher," Bumpy Triche noted. "It is well-aligned with our core niche strategy and driven by leaders who share our entrepreneurial spirit.
10/09/2019
Arthur J. Gallagher & Co. Acquires Garrett-Stotz Company
Garrett-Stotz is a terrific fit with Gallagher," Bumpy Triche noted. "It is well-aligned with our core niche strategy and driven by leaders who share our entrepreneurial spirit.