10/27/2023
Financial Resources Group Investment Services Announces Partnership with Wealth E&P
Firm joins LPL Financial's largest enterprise
Alternative Investments
10/25/2023
LPL’s employee channel gains $200M Stifel advisor to launch new office
Advisor and client services associate are focused on complex needs of HNW clients.
10/25/2023
Delaware's Insurance Commissioner and DCIA unveil game-changing reforms to bolster State's captive insurance industry
It is expected that this will help companies access more affordable coverage and increase Side A D&O capacity.
10/25/2023
BlackRock to Pay $2.5M for Disclosure Errors in Bond Fund
For years, BlackRock inaccurately described Aviron as a “diversified financial services” company, when it was a movie production outfit.
10/24/2023
Goldman Sachs Asset Management raises $4 billion for infrastructure deals
The fund has already committed $2.3 billion to eight companies across sectors, including Synthica Energy, a developer and operator of organic renewable gas plants.
10/24/2023
Waverly Advisors Acquires Rainsberger Wealth Advisors
Waverly’s first acquisition in the state of Colorado
10/23/2023
Money markets retain strength as mutual funds withdrawals escalate
ETFs continue to be the Canadian investment funds of choice, IFIC stats reveal
10/23/2023
HUB International launches private client watercraft risk advisory services
A Specialized Offering Designed to Provide Consultative Guidance to Help Affluent Clients Secure Insurance Coverage for Luxury Yachts and High-Performance Watercrafts
10/20/2023
Modern Wealth Management Acquires Martin James Investment & Tax Management
Firm successfully completes its fifth acquisition, integrating Martin James’ tax planning and wealth management business into its private wealth management platform
10/20/2023
Templum’s launch of One Ecosystem connects private markets
Templum, the private market and alternative asset operating system, recently unveiled the start of Templum One, an innovative solution for the private market and alternative assets.
10/20/2023
Equity Advisor Solutions, ETC Brokerage Combine to Create New Custodian
Innovayte, headed by Catherine “Cat” Davies, will seek to work with “entrepreneurial” independent RIAs and broker/dealers with between $100 million and $800 million in AUM.
10/19/2023
Alpha Innovations subsidiary links up with Down Range Capital
Down Range will leverage the AIGI team and infrastructure to further institutionalise their offering.
10/19/2023
Man Group AUM surpasses $160bn for the first time
The firm's alternatives business grew by $10.9bn during the period, thanks to $700m in net inflows and $300m in total returns with $9.9bn attributed to FX impact.
10/18/2023
Gallagher bolsters international capabilities with acquisition
Acquired firm has offices across the globe
10/18/2023
Peltz's activist hedge fund builds stake in Allstate
Insurance giant faces potential shakeup amid catastrophe losses
10/17/2023
WisdomTree launches US Efficient Core ETF in Europe
The ETF tracks the price and yield performance - before fees and expenses - of the WisdomTree US Efficient Core UCITS Index.
10/17/2023
Goldman Sachs tops estimates on stronger-than-expected bond trading
Goldman cited strength in interest rate products and mortgages, which helped offset declines in trading of currencies, commodities and credit.
10/17/2023
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
Shares of the bank inched up 0.3% at $315.30 in volatile premarket trading.
10/17/2023
Bank of America tops profit estimates on better-than-expected interest income
The bank’s provision for credit losses also came in better than expected, at $1.2 billion, under the $1.3 billion estimate.
10/17/2023
Eisler Capital: The 'intellectually honest' hedge fund paying millions
Nearly eight years later, Eisler is still at the helm of his pseudonymous fund, but the operation beneath him has changed dramatically.