06/24/2016
Perspecta Trust Named as finalist for Trust Company of the Year by STEP
Perspecta is the only US-based trust company included in the group of five finalists.
Alternative Investments
06/23/2016
Real Estate Stocks Finally Break from Financials
Investors are expected to pile into REITs following the creation of a new real estate index by Standard & Poor’s.
06/23/2016
Kobex Announces Change of Name and New Director Appointment
An SEC registered investment advisor that manages equity and fixed income hedge funds.
06/23/2016
Everest Wealth Management owner vows to continue fight against Maryland AG office
The securities division in the Attorney General's Office first brought forth its allegations a year ago.
06/23/2016
Advisors Asset Management Expands Strategic Partnership with Rothschild Asset Management
Rothschild will continue to serve as investment manager for the two large-cap strategies
06/22/2016
Visium's Sanjay Valvani found dead in apparent suicide after insider trading charge
A New York Police Department representative said Valvani was found by his wife and left a suicide note.
06/22/2016
Hedge Funds’ Misery Exposed as Caribbean Proxies Dump Treasuries
The sales corresponded with the only losing month this year in the world’s biggest bond market.
06/22/2016
Mackenzie Investments partners with Paris-based asset management firm TOBAM to launch innovative Smart Beta ETFs
For investors rethinking their core holdings, these funds aim to enhance diversification that may help achieve superior performance with lower risk over reasonable periods of time.
06/22/2016
Longwave Advisor, Automated Investing Platform for Millennials Launches
Client portfolios are then invested in up to 40 global markets through low-cost exchange traded funds.
06/22/2016
Connecticut Wealth Management Named to 2016 Financial Times 300 Top Registered Investment Advisers
Connecticut Wealth Management's advisors average more than 20 years of experience in the financial services industry, with more than 180 years of combined experience.
06/21/2016
Edelman Financial Services Named To List of 300 Top Registered Investment Advisers
Edelman Financial was founded 30 years ago and manages $16 billion for more than 30,000 clients.1
06/21/2016
Ex-BofA Executive Opens Local Private Wealth Management Company
He cited his family and new career opportunities as reasons for starting his own company.
06/21/2016
Nomura Research Institute Acquires Cutter Associates, LLC, the Leader in Investment Operations Consulting and Research to the Market's Preeminent Asset Management Companies
Combined entity expected to be the dominant, global provider of research and consulting services to the investment management sector
06/21/2016
The 2016 Hedge Fund Rising Stars: Charles Dufresne Jr.
Sciens Capital Management’s Dufresne is gobbling up hedge funds in the wake of market volatility.
06/21/2016
ETF Model Solutions Recognized as Finalist for 2016 WealthManagement.com Awards
The Fund employs a passive portfolio management strategy based on the Endowment Index.
06/20/2016
Thomson Reuters said to be in advanced talks to purchase Redi
One of the people familiar declined to comment on the value of the deal, and all asked not to be named because the talks are private.
06/20/2016
Morningstar part of the problem as faith ebbs in active managers
A star rating system for funds is in need of further reform as investors question active managers
06/17/2016
Five Dynasty Financial Partners’ Network Advisory Firms Rank Among Financial Times Top 300 RIA Practices
To select the firms for the list, the Financial Times solicited applications from more than 2,000 elite independent RIA firms with $300 million or more in assets.
06/17/2016
Cetera Taps Former eMoney Chief as Board Member
The three new board members were chosen by a steering committee.
06/17/2016
Wall Street, hedge fund billionaires warming up to Donald Trump
Trump has previously said that hedge fund managers "get away with murder" by paying themselves so much