08/12/2022
Schwab Reports Monthly Activity Highlights
Average interest-earning assets were $605.8 billion in July, up 11% from July 2021 and down 1% compared to June 2022.
Alternative Investments
08/11/2022
CI Financial Reports Financial Results for the Second Quarter of 2022
All financial amounts in Canadian dollars at June 30, 2022, unless stated otherwise. Financial amounts for the quarter are unaudited.
08/11/2022
Apollo Closes on $2.35 Billion in Commitments for Apollo Origination Partnership Fund I
Fund Close Contributes to Apollo’s $50 Billion-plus of Direct Lending AUM
08/11/2022
MAI Capital Management Acquires Pareto Wealth Management
The Cleveland-based acquisition continues to strengthen MAI’s foothold in Northeast Ohio
08/10/2022
KKR expands industrial real estate portfolio in the Sunbelt with acquisitions in Georgia and Texas
The SouthPointe acquisition includes two Class A industrial warehouse buildings in south Dallas built in 2017 totaling approximately 1.0 million SF.
08/10/2022
Citizens leads $67.3 million construction loan to Trinitas Ventures
Funds will finance construction of a new student housing project near the University of Central Florida
08/09/2022
Truist recommends shareholders reject mini-tender offer from TRC Capital Investment Corporation
Truist is in no way associated with TRC and recommends that shareholders reject this unsolicited offer because the offer price is below the market price for Truist common stock immediately prior to this announcement.
08/09/2022
AIG Reports Second Quarter 2022 Results
General Insurance’s culture of underwriting excellence continues to be evidenced in our financial results.
08/09/2022
Baillie Gifford US Growth returns drop over 45% but maintains strategy conviction
Discount at 12% from a premium in 2021
08/09/2022
Arthur J. Gallagher & Co. Acquires Evergreen Insurance Managers Inc.
The Evergreen team expands RPS's presence into the greater Portland market and offers us new growth opportunities in the Pacific Northwest
08/08/2022
Truist Insurance Holdings enhances client offerings with acquisition of BenefitMall from Carlyle
The transaction will add approximately $150 million of annual revenue to Truist Insurance Holdings' wholesale division.
08/08/2022
Arthur J. Gallagher & Co. Acquires Another Day Limited
The firm is headed up by Jake Hernandez who will continue to run the business.
08/08/2022
The Bank of London Announces A Multimillion Dollar Investment in Charlotte and the Creation of 350 New Jobs
New positions at the US Global Platform and Services division will include software development, compliance and risk, technology operations, infrastructure engineering and business operations.
08/04/2022
Hansard launch Lat Am adviser survey
With a keen focus on new business generation ideas, target expectations & ambitions, the survey findings will also delve into the shared challenges that advisers across the region face in driving their business forward into 2023.
08/04/2022
Sun Life profit beats estimates as Canada growth offsets wealth weakness
Sun Life's reported net income dropped to C$1.34 a share from C$1.53 a year earlier
08/04/2022
Apollo Announces Formal Launch of Sponsor and Secondary Solutions Business, “S3”, with Cornerstone Commitment from ADIA
Apollo S3 launches with approx. $4 billion in new commitments
08/03/2022
LPL Recruits Record $44B in Q2
While advisor movement across the industry has muted, LPL added 780 advisors in the second quarter, many of which came from its recruitment of CUNA Mutual Group.
08/03/2022
David Poliquin on the principles that led to his success
For the 2022 5-Star Advisor, a strong professional ethos is the natural starting point
08/02/2022
Silgan Holdings Inc. Completes Listing Transfer to the New York Stock Exchange
“We are excited to welcome world-class manufacturer, Silgan, to the NYSE’s community of icons and disruptors,”
07/29/2022
How to Overhaul the Tried-and-Tested Investment Portfolio When Inflation Soars
“In contrast to the last cycle, you’ve had a mix of growth and inflation conditions that are quite unfriendly,”