Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Wells Fargo Taps Amazon Web Services Exec to Expand AI Use
By Yizhu WangThe AI push comes alongside the bank's efforts to cut costs, a key part of CEO Charlie Scharf's turnaround plans.
January 22, 2026
T. Rowe Price Launches 'Custom Premier' RIA Model PortfoliosThe partnership with Vestmark aims to deliver tax-efficient portfolio construction capabilities across ETFs and mutual funds.
January 21, 2026
What Taylor Swift Had That MC Hammer Didn't: Good Financial AdviceAdvisor Drew Boyer talks ThinkAdvisor through several famous musicians' major financial mistakes — and a few successes.
January 21, 2026
Schwab Sees 'Record Engagement' in Q4: CEORick Wurster also said the firm will offer access to prediction markets "if it becomes of client interest."
January 15, 2026
Raymond James to Buy $46B Clark Capital ManagementThe firm will become an independent boutique investment manager within Raymond James Investment Management.
January 13, 2026
Retail Channel Market Share Nears Parity With Institutional: CerulliWirehouses are managing $6.1 trillion in retail assets while independent RIAs manage $3.5 trillion, research finds.
January 13, 2026
BlackRock Cuts Hundreds of Jobs, Trimming About 1% of StaffThe layoffs come as CEO Larry Fink reworks the world’s largest asset manager and pushes deeper into alternative investments.
January 12, 2026
To Navigate Volatility, Find the Signal in the NoisePortfolios benefit by sticking to fundamentals while responding to risk, according to Alexandra Wilson-Elizondo of Goldman Sachs.