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 Taps Republican Fixer to Succeed Chief Lobbyist
By Todd GillespieGoldman Sachs Group Inc.’s chief global lobbyist, Michael Paese, is moving on after 16 years.
July 21, 2025
Advisor and Retail Channels Driving Growth: SchwabCEO Rick Wurster made his comments after the firm posted stronger-than-estimated second-quarter earnings.
July 21, 2025
Schwab Expands Overnight TradingSchwab added popular ETFs to its overnight lineup, available through thinkorswim.
July 18, 2025
Schwab Shares Rise on Strong Client Assets, Trading UpdatesTotal client assets climbed 14% to $10.76 trillion compared to the same period last year.
July 18, 2025
T. Rowe Price Cuts Jobs Across the Firm After Years of OutflowsThe firm's clients pulled about $43 billlion from its funds in 2024, for instance.
July 17, 2025
RIA Growth Surged in 2024 and Remains a Priority: SchwabAUM increased by 16.6% while revenue was up by 17.6%, a benchmarking study found.
July 15, 2025
Vanguard's CEO Looks to Innovate Without Selling OutThe firm is moving into AI and private credit while striving to maintain its low-cost ethos, Salim Ramji says.
July 15, 2025
BlackRock’s 'Bumpier' Quarter Fuels Worst Earnings Day in YearsThe asset manager's second-quarter performance missed estimates, even as assets hit a record $12.5 trillion.