Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman Sachs to Acquire ETF Provider Neos in $2.3B Deal
By Sridhar Natarajan and Todd GillespieNeos is behind nearly two dozen options-based income ETFs commanding some $32 billion in assets.
August 10, 2026
Raymond James Adds $1.1B TeamThe team, based in suburban Pittsburgh, joins the firm's employee advisor channel from Baird.
August 07, 2026
Citi Cuts 268 Jobs at NY Headquarters, Part of Ongoing LayoffsCiti's overall headcount is down nearly 5% this year, the bank reported recently.
August 06, 2026
Corient Adds $21B Summit Trail AdvisorsThe transaction brings the Miami-based wealth management firm to about $556 billion in AUM.
August 05, 2026
Hightower Adds $2.5B Stearns Financial GroupHaleh Moddasser, managing partner at Stearns, said the firm had been discussing this move since late last year.
August 05, 2026
Prudential Aims to Reap $3B on Emerging Markets ExitPrudential is seeking to focus on core markets and bolster its asset management unit.
August 05, 2026
10 Biggest Q2 Deals in Wealth Management: EchelonDealmakers announced 120 transactions in the quarter, Echelon Partners reports, while transacted AUM reached $378 billion.
August 04, 2026
Fidelity's Managed Assets Hit $7.8T in Second QuarterThat's up 23% from a year ago, according to the firm's second-quarter business update, released Tuesday.