Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
This Stock Boom Doesn't Need the Mega-Caps: Schwab Trading Pro
By Dinah Wisenberg BrinSchwab clients are being selective and not suffering from FOMO, Joe Mazzola says
February 29, 2024
Vanguard CEO to Step Down by Year-EndAlso, Chief Investment Officer Greg Davis has been appointed to the additional role of president, effective immediately.
February 29, 2024
Merrill, Wells Fargo Offer Bitcoin ETFs for ClientsUBS is offering bitcoin ETFs to some clients on an unsolicited basis; Morgan Stanley is reviewing a move to add them to its platform.
February 29, 2024
10 Best Robo-Advisors: Q4 2023Robos have taken some hits recently over weak profits and regulatory woes, Condor Capital reports.
February 27, 2024
Wells Fargo Names JPMorgan Veteran Its New Vice ChairmanDoug Braunstein's focus will be on expanding the bank's corporate finance and advisory businesses and advising senior management.
February 26, 2024
Goldman Promotes Meena Flynn to Co-Lead UHNW PushOverall, the firm wants to boost its private wealth-management results and become less reliant on volatile trading revenue.
February 26, 2024
Berkshire Inches Toward $1T ValuationThe conglomerate just posted higher operating earnings thanks to a jump in insurance underwriting profits and investment income.
February 23, 2024
Wells Fargo Adds Role to Boost Growth in FiNet, First ClearingErik Karanik, who joined the bank in 1990, now leads Independent Solutions for its Wealth & Investment Management unit.