InvestmentNews

InvestmentNews
Displaying 3993 results
Billion-dollar Merrill team goes indie with Sanctuary
NEWS WIREHOUSES JUN 14, 2022
Billion-dollar Merrill team goes indie with Sanctuary

The four advisers are setting up shop as SkyPath Private Wealth in Summit, New Jersey.

Lido Advisors acquires $800 million trust company
NEWS INDUSTRY NEWS JUN 14, 2022
Lido Advisors acquires $800 million trust company

Enterprise Trust & Investment Company, based in Bay Area. provides investment management and fiduciary services to high-net worth individuals.

Weiss Asset Management settles with SEC for $6.9 million
NEWS REGULATION AND LEGISLATION JUN 14, 2022
Weiss Asset Management settles with SEC for $6.9 million

The Boston-based hedge fund manager was charged with violating short-sale rules in seven public offerings.

Mariner Wealth scoops up $1 billion RIA
NEWS RIAS JUN 14, 2022
Mariner Wealth scoops up $1 billion RIA

Corbenic Partners in Bethlehem, Pennsylvania will assume the Mariner Wealth Advisors name following a June 30 closing.

Genstar leads recapitalization of Cerity Partners
NEWS INDUSTRY NEWS JUN 13, 2022
Genstar leads recapitalization of Cerity Partners

Lightyear Capital, which has been an investor in Cerity since 2017, will retain an equity stake in the New York-based firm.

Merrill Lynch’s Andy Sieg discusses the recent shift in wealth management
THE INVESTMENTNEWS PODCAST JUN 13, 2022
Merrill Lynch’s Andy Sieg discusses the recent shift in wealth management

In the 100th episode of the InvestmentNews Podcast, Bruce and Jeff talk with Andy Sieg, president of Merrill Lynch Wealth Management, about the shift in wealth management from 2021 to 2022, including how firms are hiring and retaining talent.

Schwab provides four-year grant to encourage planner diversity
YOUR PRACTICE PRACTICE MANAGEMENT JUN 10, 2022
Schwab provides four-year grant to encourage planner diversity

The CFP Board Center for Financial Planning will use the money to support scholarships for CFP certification candidates.

Billion-dollar Wells Fargo private bank trio opts for J.P. Morgan
NEWS ADVISOR MOVES JUN 10, 2022
Billion-dollar Wells Fargo private bank trio opts for J.P. Morgan

Team switches banks in New York City; another trio who oversaw more than $1 billion in client assets joins from Wealthspire.

Mercer acquires $130 million RIA
NEWS RIAS JUN 09, 2022
Mercer acquires $130 million RIA

The deal for Bivin and Associates, which is based in Ponca City, Oklahoma, expands Mercer’s Midwest presence.

Wells Fargo duo managing $205 million goes indie with LPL
NEWS BROKER DEALERS JUN 09, 2022
Wells Fargo duo managing $205 million goes indie with LPL

Encore Capital Management, based in Glendale, California, affiliated with LPL Financial through the Financial Services Network, an OSJ on the LPL platform.