Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Best & Worst Retirement Plan Digital Providers: J.D. Power, 2025
By Michael S. FischerA study finds that that 62% of retirement plan users say security is more important than convenience.
September 08, 2025
Fidelity Adds Wealthscape Intelligence Tool, Onboarding EnhancementsThe fund giant's new features are designed to streamline advisors' workflows.
September 04, 2025
Merrill, BofA Private Bank Expand Alts Access for Wealthiest ClientsMore clients are seeking nontraditional investments, a Merrill investment exec says.
September 04, 2025
BlackRock to Manage $80B in Citi Wealth Client AssetsThe banking giant called the arrangement the largest asset management deal of its kind.
September 04, 2025
Stifel Adds Ex-Merrill Exec and $1B of His Investment Firm's AssetsLaunny Steffens will lead asset management; Stifel will acquire AUM from his firm, Spring Mountain Capital.
September 04, 2025
Goldman to Buy $1B of T. Rowe StockThe bank will team up with the asset manager to sell private-market products to retail investors.
September 03, 2025
State Street Takes Minority Stake in Apex Fintech, Forms PartnershipThe move expands the financial services company's offerings to the global wealth management industry.
September 03, 2025
Vanguard's President Calls for 60% Bond Portfolios. Advisors Are Skeptical.Heeding this advice could lead to "tremendous wealth erosion," Creative Planning CEO Peter Mallouk says.