Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fidelity Cuts About 700 Jobs
By Silla BrushThis is the first headcount reduction in seven years for the Boston-based asset manager.
March 05, 2024
Ameriprise CEO's Pay Rose 24% in 2023A higher salary and more stock and option awards helped push James Cracchiolo's compensation higher.
March 04, 2024
This Stock Boom Doesn't Need the Mega-Caps: Schwab Trading ProSchwab clients are being selective and not suffering from FOMO, Joe Mazzola says
March 04, 2024
BofA Raises S&P 500 Target"Bull markets end with euphoria — we're not there yet," Savita Subramanian writes.
March 01, 2024
Here's What Separates 'Somewhat' and 'Very' Satisfied ClientsThe most successful advisors function as mentors and support systems for their clients.
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.