Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Rep Violated Reg BI With Structured Note Sales to Retirees: FINRA
By Melanie WaddellNeither client of Frederick Hohensee had prior experience with the complex investment products, an order states.
April 03, 2026
Modern Wealth Picks Up $1.2B Ex-LPL GroupThe deal is the 20th for the RIA and brings it an office in Florida with seven financial advisors.
April 02, 2026
Cambridge to Pay $280K Over Annuity SwitchesThe firm missed 22 "inappropriate exchanges" by a former rep because it lacked proper review, FINRA states.
April 01, 2026
Cetera Faces Lawsuit Over Data BreachThe breach arose from one employee's email account.
March 31, 2026
The Ultra-Wealthy Are Just Like Us: They Need 'a Community of Advice'Serving this booming cohort, Bernstein Private Wealth's Aaron Bates says, requires connections with like-minded peers.
March 30, 2026
Creative Planning to Acquire $5B London RIAThe international acquisition follows a deal for a firm based in Switzerland earlier this year.
March 30, 2026
Wells Fargo Customers Report Tech GlitchOne Downdetector user said the bank's app worked but wasn't showing a direct deposit.
March 28, 2026
BofA to Pay $72.5M to Settle Epstein Victim LawsuitAccording to the suit, Apollo Global co-founder Leon Black used the bank's accounts to transfer $170 million to Epstein.