07/19/2023
Schwab's profit drops less than expected on asset management strength
Schwab has had to turn to supplementary funding sources to counter this churn.
Alternative Investments
07/19/2023
Waverly Advisors Acquires Gwynn Management Company
Waverly continues intentional growth in the Atlanta market
07/19/2023
TD Bank Group Comments on Expected Impact of the Charles Schwab Corporation's Second Quarter Earnings
TD Bank Group will release its third quarter financial results and host an earnings conference call on August 24, 2023.
07/19/2023
DARAG concludes two North American captive transactions
These transactions, alongside the many others we have had in North America, demonstrate the growing demand for the solutions DARAG offers in the region.
07/19/2023
SPG Strengthens Wealth Management Offering with Acquisition of Assets of AgencyONE
By acquiring AgencyONE's operations, SPG builds upon its acquisition of the assets of Brokers' Service Marketing Group II LLC, now operating as a division of SPG (BSMG) and expands its life and annuity distribution network.
07/18/2023
TD Asset Management Inc. announces reductions to management fees, changes to fund names and risk ratings for certain TD Mutual Funds
The following changes will be reflected in the TD Mutual Funds Simplified Prospectus and Fund Facts that will be filed on or about July 27, 2023.
07/17/2023
Marietta Wealth Management Demonstrates Confidence in Market with Increased Stake in Invesco BulletShares 2029 Corporate Bond ETF
The company recognized an opportune moment to bolster its position in BSCT, leading to it acquiring an additional 17,216 shares during the quarter.
07/17/2023
BNY Mellon Invests in LiquidityDirect, Outsourcing Trading
Over the past 18 months BNY Mellon has developed new products and services that meet a range of investment guidelines and risk appetites, both on and off balance sheet, to meet that need.
07/17/2023
Seven Takeaways from Preqin’s Guide to the U.S. Real Estate Investment Universe in 2023
In spite of recent market volatility, the firm concluded asset managers’ activity in the U.S. real estate market remained stable.
07/13/2023
Gen II Fund Services Initiates Major European Expansion with Acquisition of Crestbridge’s Private Equity and Real Estate Fund Administration Business
Acquisition Will Expand Gen II’s Private Capital Servicing Capabilities in Key European Jurisdictions and Increase Assets Under Administration to More Than $1 Trillion.
07/13/2023
SS&C's Retirement Income Middleware Platform Reaches $1 Billion AUM
SS&C Retirement Income Clearing & Calculation (RICC) Platform now services more than 4,000 retirement plans
07/12/2023
Investopedia 100 Top Financial Advisors of 2023
This year’s list highlights advisors who provide unique value to communities across the board
07/12/2023
Captrust acquires $2.3 billion Southern Wealth Management for fifth deal this year
This marks the third Texas acquisition this year for Captrust, which now has 69 deals on the books.
07/12/2023
Abry Partners Takes Minority Stake in Prime Capital Investment Advisors
Executives say the funding will fuel the next stage of growth for PCIA, which has already expanded assets by some 700% since early 2018.
07/12/2023
Should higher buffer requirements bother Canadian bank investors?
Banking sector analyst says capital requirement is important to earnings – but it's not the only factor
07/12/2023
State Street to Provide Data-Driven Geopolitical Risk Insights to Clients
Collaboration with GeoQuant will add GeoQuant’s geopolitical risk indicators to State Street’s existing suite of high-frequency inflation, institutional flow, media sentiment and risk indicators
07/10/2023
State Street Enters Colombian Market to Support Continued Growth in Latin America
Andres Zambrano Burgl joins State Street to lead new Colombia office; Builds on the firm’s ongoing expansion in Latin America
07/10/2023
Bonds on the Brink Reward EM Investors With Double-Digit Returns
“The restructuring talks that we’re seeing in front of our eyes now are a bit more favorable than what the market had been pricing in.”
07/07/2023
Murfreesboro Wealth Management Team: Retirement Planning Services Updated
Lifelong income planning is an essential aspect of retirement planning.
07/07/2023
Apex Group supports launch of Argento Energy Fund
The Fund will benefit from access to Apex Group’s market leading technologies to enable robust, efficient and flexible accounting and fund reporting.