11/07/2019
Charles Schwab Goes ‘All In’ On Bank Buildout
Schwab initially didn’t jump into the lending space, conceded CEO and president Walt Bettinger. But now that’s changed, he said.
Alternative Investments
11/06/2019
Arthur J. Gallagher & Co. Acquires BonusDrive
"I am delighted to welcome the team to our growing global organization."
11/06/2019
New Research: Over Half of U.S. Adults Say Financial Stress Negatively Affects Their Health and Work Performance
Lincoln Financial Group Shares Steps to Help Alleviate Financial Anxieties and Create More Positive Outcomes
11/06/2019
Wells Recruits Back Family Team from Merrill Lynch in California and Utah
Charles ranked #7 on Forbes’ 2019 Best-in-Utah Advisors listing.
11/06/2019
North American managers see AUM rise in 2018 but profits suffer – report
Overall, the report says, the money management industry is in "structural transition."
11/03/2019
Qatar Wealth Fund Buys St. Regis Hotel That Invented Bloody Mary
Those moves fueled conjecture that Marriott would sell real estate assets to balance its portfolio following the recent acquisitions.
11/01/2019
Marriott Sells St. Regis New York to Qatar Investment Authority
Middle East kingdom’s sovereign wealth fund paid $310 million
11/01/2019
Fidelity to launch program for 401(k) participants to draw down accounts
Rollout comes as retirement income has emerged as a primary challenge in the 401k) market
11/01/2019
AIG Reports Third Quarter 2019 Results
Total consolidated net investment income was $3.4 billion in the third quarter of 2019
10/31/2019
Apollo Global Management Reports Third Quarter 2019 Results
Apollo’s total assets under management have grown by 19% over the prior year
10/31/2019
Industry Leaders Awards 2019: One to Watch in Fund Administration nominees
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Industry Leaders Awards event.
10/30/2019
Illinois Teachers assigns $1.5 billion to 9 alts managers
The investment team also redeemed $200 million from its $460 million investment in Bridgewater Associate's Optimal strategy.
10/30/2019
BIP Capital closes Venture Fund IV with USD101m
Buffington added that the USD101 million Venture IV fund is comprised of capital invested by family offices, high-net-worth individuals (HNWI), and institutional investors.
10/30/2019
BNY Mellon's HedgeMark Ranked Top Hedge Fund Managed Account Platform
The HFM Global Composite index tracks the growth of managed account platform providers semi-annually, ranking the largest global providers in order of total platform assets.
10/30/2019
Markel Reports Third Quarter 2019 Results
The Company's quarterly conference call, which will involve discussion of the Company's financial results and business developments
10/30/2019
L.A.’s $1 Billion Trophy Tower Halted as China Pulls Back Cash
A few security guards manning an entrance insisted that work was going on, yet no activity was visible from the outside.
10/29/2019
Problem portfolio companies are an issue for investors
What can investors do when they see conflicts? The options are limited
10/26/2019
Financial Industry Leads the Way on Diversity and Inclusion
Banks and insurers got the highest overall score in The Wall Street Journal rankings
10/25/2019
Schwab Advisor Services launches Schwab Alternative Investment Marketplace Platform
“By working with known firms that have experience and scale, we’re offering an additional way to deliver alternative investment solutions to clients.”
10/25/2019
First Western Reports Third Quarter 2019 Financial Results
We had another good quarter of business development and client acquisitions, resulting in significant growth in total deposits and assets under management