05/02/2025
Apollo Closes its Debut Secondaries Fund at $5.4 Billion, Exceeding Target
Brings Total Capital Raised Across Apollo S3 Platform to Nearly $10 Billion Since 2022 Launch
Alternative Investments
05/02/2025
Lido Advisors to Partner with Copperwynd Financial
Scottsdale HQ'd RIA with Over $720M in RAUM and Longstanding Presence in the Southwest
05/02/2025
Great Hill Makes First Investment in RIA Market
California-based Mission Wealth will continue to be majority owned by its employees, as it sells a minority stake to Great Hill Partners.
05/01/2025
Prudential confident of meeting guidance after first quarter growth
The new business margin improved to 36% from 34%, Prudential added.
05/01/2025
Morningstar, Inc. Reports First-Quarter 2025 Financial Results
The Company also accelerated its stock repurchases in the quarter.
05/01/2025
Mission Wealth Announces a Strategic Investment from Great Hill Partners in Celebration of 25 Years of Excellence
The partnership will fuel Mission Wealth's industry-leading organic growth, enhance its client service offering, and support the firm's national expansion plans.
04/29/2025
Stifel Boosts CEO Kruszewski’s Pay 30% to $15 Million
Stifel’s compensation committee cited Kruszewski’s leadership “through rapidly changing market conditions with stability and significant growth,” according to the proxy.
04/29/2025
Capital Group and KKR Launch Their First Two Public-Private Investment Solutions
Capital Group and KKR are already working on additional strategies and expect to deliver two equity-focused strategies
04/28/2025
Goldman says China funds to buy US$110 billion of Hong Kong-listed stocks
Southbound inflows have reached US$78 billion this year, surpassing annual net purchases for most years, except in 2020 and 2024: Goldman
04/25/2025
Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors
Schwab’s investment will help Wealth.com continue to scale its capabilities to make it easier for financial firms and advisors to provide valuable estate planning services
04/25/2025
RBC Global Asset Management Inc. announces fee reductions and changes to certain RBC Funds and appoints new sub-advisor for RBC International Equity Index Fund
As part of these changes, the overall management expense ratios ("MERs") are expected to be equal to or lower than those that are currently charged.
04/25/2025
SFA Partners Announces the Recent Additions of Three Wealth Management Teams, $200 Million in Assets Through Strategic Blueprint
Firms selected Strategic Blueprint based on unique culture, entrepreneurial spirit and commitment to transparency
04/24/2025
Increasing retail client exposure to private capital investing
Across the United States and Europe, investment management firms can unlock growth by connecting retail investors to private assets through existing product structures
04/24/2025
Silicon Valley has the nation's largest wealth gap — just 9 households control more than the bottom half
But it’s also home to a lot of money.
04/17/2025
Key takeaways from the BoC’s rate decision from strategists, economists
IG Wealth, Mackenzie Investments, major banks share their insights
04/16/2025
Pure Financial Advisors, LLC Deepens Midwest Presence with Acquisition of Fairhaven Wealth Management, LLC
The deal marks Pure's second acquisition of 2025 – its sixth overall – and significantly increases its presence in Chicago and the broader Midwest market.
04/15/2025
Manulife Investment Management Closes Manulife Private Equity Partners III in partnership with Ardian
The Fund is the third private equity fund of funds raised by Manulife IM as part of its ongoing effort to provide specialized solutions for investors seeking greater exposure to opportunities in a growing private equity market.
04/14/2025
Jamie Dimon argues JPMorgan can help fix the bond chaos if regulators get on board — ‘It’s not relief to the banks, it’s relief to the markets’
JPMorgan Chase CEO Jamie Dimon said the world’s biggest lenders can help, but only if regulations developed to prevent a repeat of the Global Financial Crisis are scaled back.
04/11/2025
Merit Joins Fidelity's Wealth Advisor Solutions® Program
$11.7 billion Merit continues to grow, recently completing its thirty-fourth acquisition
04/11/2025
TD Bank Group Announces Election of Directors
TD's board composition includes a mix of returning and new directors.