Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Vanguard Taps New Chair for 2027
By Dinah Wisenberg BrinKenneth Jacobs, the former Lazard chair and CEO, is set to succeed Mark Loughridge, who retires Dec. 31.
July 22, 2026
Blackstone, Vanguard Debut Funds to Bring Private Markets to Main StreetThe two new closed-end funds will first be available to certain Bank of America clients.
July 21, 2026
IRS Chief Denies Report He Spied on Colleagues While at JPMorganFrank Bisignano snooped on rival executives' emails while co-COO at the bank, The Wall Street Journal reported.
July 21, 2026
Schwab Beats Estimates as Investors Pile Into MarketThe firm's total net new assets surged 61% from a year ago to $118.7 billion in the second quarter.
July 20, 2026
PRO
Some Gen X Retirement Savers Face Extra Longevity RiskThey could live to 100, and so could their spouses. But wait, there's more.
July 17, 2026
How Top RIAs Are Growing: SchwabThe strongest firms appear to pursue organic growth more intentionally, a benchmarking study finds.
July 17, 2026
Inside Clark Capital's $45B Growth RunMany advisors consider the asset manager, acquired by Raymond James, an extension of their own offices, execs say.
July 16, 2026
Is a Spousal Trust the Right Estate Planning Strategy for Your Client?SLATs provide flexibility and tax benefits, but the increase in the lifetime estate and gift tax exclusion has shifted the conversation.