Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Dimensional Adds 2 ETFs, More Expansion Planned
By Dinah Wisenberg BrinWith seven new and forthcoming products, the firm projects 38 funds in the suite by year end.
September 28, 2023
Schwab Launches Online Inheritance HubThe center aims to help investors handle paperwork digitally and gives them access to dedicated estate professionals.
September 27, 2023
Franklin Templeton Expands Its SMA Offering at JanneyJanney advisors now will be able to offer eight Franklin Templeton custom, tax-managed index-based SMAs.
September 27, 2023
Wells Fargo to Buy NYC's Neiman Marcus Space for $550MThe bank plans to convert the space at Manhattan's Hudson Yards into offices, according to people with knowledge of the deal.
September 26, 2023
AssetMark to Pay $18.3M Over Revenue SharingThe SEC says the firm didn't disclose conflicts of interest tied to its cash sweep program and payments from some custodians.
September 26, 2023
JPMorgan to Pay $75M to Settle Epstein-Related ClaimsThe bank tentatively agreed to a deal with the U.S. Virgin Islands, which had originally sought $190 million.
September 26, 2023
Future Proof Wealth Festival Returns With GustoThe SoCal event drew a large crowd of advisors, asset managers, fintech VIPs, sports pros and music artists.
September 25, 2023
NASAA Releases New Study Guides for Qualification ExamsThe materials aim to help financial professionals navigate the Series 63, 65 and 66 licensing exams, the group says.