Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Ameritrade Acquires Software Company
By James J. GreenTD Ameritrade announced Jan. 12 that its ThinkTech Inc. subsidiary has acquired iRebal, a company founded by Gobind Daryanani in association with three leading planning firms whose portfolio rebalancing program is used by wealth managers. Terms of the acquisition were not announced, but Daryanani will continue to oversee the development...
January 01, 2007
Pershing Insite to Feature Gen. Colin PowellA keynote speaker for Insite 2007, Pershing's financial products and services conference, has been confirmed: General Colin Powell, the former secretary of state. The conference is...
January 01, 2007
NEWS & PRODUCTSBank of New York and Mellon Financial Corporation announced plans to merge. The new firm, named Bank of New York Mellon Corporation, will be New...
December 19, 2006
SMA Assets Close To $806 Billion In 3rd QuarterAssets under management in separately managed accounts grew to $805.8 billion in the third quarter, up almost 25% over third quarter 2005, according to the ...
December 17, 2006
Advising Separate But Equal BoomersTime was when husbands used to joke that "what's mine is ours, and what's hers is hers." That was an era when men were the ...
December 04, 2006
Bank of New York and Mellon to MergeBank of New York, the oldest bank in the U.S., and Mellon Financial Corporation said December 4 that they will merge, forming a powerful global firm that will diversify their businesses both geographically and by revenue sector.
December 01, 2006
Asset Allocation, December 2006To learn this month's recommended asset allocations of Investment Advisor's panel of distinguished economists and money managers, click here
December 01, 2006
Sweet, Not Sour, Returns For InvestorsChinese stocks are red-hot--the MSCI China Index has soared 40.3% year-to-date through October. By comparison, the MSCI Euro Index is up a pedestrian 22.7%, while...