Fidelity National Said in Exclusive Talks to Acquire SunGard
The current SunGard deal is valued at $8.3 billion, down from its $11 billion price tag in 2005.
New Hire Roundup: Mercer Adds Execs
Also, Doug Dachille joined AIG as chief investment officer, while Kent Weaver returned to Glenmede, and J. Keith Morgan joined TIAA-CREF.
Fed Says Labor Market Improves as It Moves Toward Rate Rise
The FOMC is moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff.
‘We’ve Got to Be Close to the Bottom’ on Energy: Cushing Founder
With low energy-equity prices and robust yields, investors should consider "gradually" getting back into the sector, says Cushing founder Jerry Swank.
Grantham: 10 Quick Thoughts to Ruin Your Summer
Jeremy Grantham lists the “potential threats to our well-being” in GMO’s quarterly letter.
SEC Pay-to-Play July 31 Effective Date a ‘Nonevent’: IAA Chief
The SEC won’t enforce ban on advisors’ use of third parties to solicit business from government entities until FINRA and the MSRB issue final rules.
Top Mutual Funds in 401(k) Retirement Plans: BrightScope
Two big fund providers accounted for more than half of the funds represented.
Private Equity Dry Powder Hits Record $1.3 Trillion in Q2
Private equity dry powder reached a record $1.3 trillion at the end of the first half, up 18% from the end of December, according to Preqin.
For the Wealthy, It’s Hard to Find Good Help
Family offices are hiring household help for high-net-worth clients — but should they get involved?
LPL Sees Strong Hybrid RIA Growth Amid ‘Massive Consolidation’
LPL advisors can potentially save time and money using the company’s new Vendor Affinity Program, the firm announced Tuesday.