10/05/2016
Wells Fargo Asset Management Completes Acquisition of Analytic Investors, LLC
Financial terms of the agreement have not been disclosed.
Alternative Investments
10/05/2016
Atlanta Financial Associates Partners Cathy Miller, Julianne Andrews and Rick Henderson Selected as Five Star Wealth Managers for 2016
The Five Star Wealth Manager award is the largest and most widely published wealth manager program in the financial services industry.
10/05/2016
AIG Awards Larry Macy with the Platinum Advisor 2016 Award
Has been in the financial services industry for nearly 20 years.
10/05/2016
Everest Wealth Management faces off against state
The case began in December 2015 when the Maryland Insurance Administration issued an order revoking the producer licenses of Rousseaux and Everest and fining them more than $60,000.
10/05/2016
Soltis Investment Advisors Named to Financial Times 401 Top Retirement Plan Advisors List
To be considered for the list, a firm must manage at least $75 million in plan assets, which must represent at least 25% of the firm's total assets under management or advisement.
10/05/2016
BlackRock Cuts ETF Fees
BlackRock’s price reductions affect 15 ETFs within its iShares business, trimming the cost of widely used funds
10/05/2016
Kayne Partners Invests $15M in DiCentral
This investment was led by Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, L.P., an investment firm managing over $23 billion in assets.
10/05/2016
Och's role in Africa probe poses ethics questions to investors
The firm settled last week with the U.S. Securities and Exchange Commission and Department of Justice.
10/05/2016
Seacoast Capital Launches Fourth Fund
Seacoast specializes in “sponsorless” transactions, preferring to deal directly with company owners or management teams
10/04/2016
Debt-ridden Concordia in talks to sell equity stake to private equity firm: sources
The sale would raise cash to ease the burden of Concordia’s US$3 billion in debt
10/04/2016
Barings Real Estate Advisers Completes Acquisition of ACRE Capital Holdings LLC
The ACRE Capital platform will be renamed as Barings Multifamily Capital and will be a subsidiary to Barings Real Estate Advisers.
10/04/2016
Unleashing China’s Untapped Wealth
Releasing pent-up demand for international assets would raise domestic incomes, but only if the market is free to work.
10/04/2016
Veteran Financial Advisory Team Launches New Independent Firm, The Harvest Group Wealth Management, LLC
"Our team at The Harvest Group has established meaningful relationships with our clients based on honesty, mutual respect, and unyielding advocacy for their well-being," said Roger Ingwersen, Managing Partner -- Founder.
10/04/2016
IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson
Promontory will begin to accelerate IBM's development and machine training of cognitive solutions for risk and compliance.
10/03/2016
361 Capital wins WealthManagement.com Award for Top Asset Manager: Alternatives
The response to this initiative has been overwhelmingly positive because it directly addresses the questions advisors have around implementing certain alternatives, including from which asset classes to fund allocations.
10/03/2016
Jittery Investors Are Pulling Back
High valuations of various assets have some investors worried they could be exposed to big losses if dynamics suddenly shift
10/03/2016
Barbados key to Cuba investment
In a new analysis on investing in Cuba, the lawyer said the potential investors who may want to access Cuba from Barbados will include, especially in the near term.
10/03/2016
Pimco Warns of Asia Debt Risk After Record Dollar Bond Sales
China’s policy makers have been keeping monetary policy relatively supportive.
10/03/2016
BlackRock and Vanguard divided over stress tests for mutual funds
Rival Vanguard wants voluntary tests without the involvement of regulators
09/30/2016
Hedge Fund Investors Turn to Private Placement Life Insurance as Tax Concerns Increase
The industry is growing rapidly.