Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Carson Acquires $1.1B Osaic Affiliate
By Rob BurgessMichael Belluomini, a Carson executive, said the firms had been in talks on the deal for almost a year.
June 03, 2026
Wellington to Buy Hartford Funds for $1.9B in Wealth PushThe deal is expected to be completed in the first quarter of 2027.
May 29, 2026
Schwab Seeks to Reassure RIAs as Wealth Advisory Unit Grows"We will continue to be transparent with our advisors," says Jonathan Beatty, who heads Schwab Advisor Services.
May 29, 2026
UBS Sheds Hundreds in Latest Job Cuts After Credit Suisse DealThe cuts mainly affected staff in support functions although some bankers in client-facing roles were included.
May 26, 2026
JPMorgan Ordered to Pay $4.25M for Wrongful Firing of BrokerThe financial professional, now at Wells Fargo, alleged that his termination from the firm was defamatory.
May 26, 2026
LPL Financial Adds $1B Cebert WealthThe advisory firm primarily serves residents of The Villages, the central Florida retirement community.
May 22, 2026
Captrust Adds $1.25B Stillwater Capital AdvisorsMike Wunderli, a leader of the North Carolina-based financial services firm, says Pennsylvania is an increasingly attractive market.
May 22, 2026
JPMorgan Denies Ex-VP's Viral Harassment Claims in Court FilingChirayu Rana's claims in the suit against the bank and executive director Lorna Hajdini are "false" and "malicious," JPMorgan said.