Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
As Millennial Wealth Grows, the Complexities Are Getting Real
By Michael S. FischerAdvisors have an opportunity as this generation starts to inherit real estate, investments, businesses and cash.
March 02, 2026
Schwab Closes Acquisition of Pre-IPO MarketplaceThe Forge Global deal positions Schwab to offer private-market access for individuals and RIAs.
February 27, 2026
Financial Firms' Shares Walloped by More 'Cockroach' Credit Woes, AIThe combination delivered another bruising selloff in shares of banks and asset managers Friday.
February 26, 2026
SEC Bars Advisor Who Took $9.8M From Older ClientEjiro Ode Okuma used funds to build a luxury residence, purchase vehicles and buy vacation homes, the agency says.
February 26, 2026
Texas Says Vanguard Settles Collusion Suit for $29.5MThe lawsuit accused the asset manager of colluding to manipulate the energy market and reduce coal output.
February 26, 2026
Janus Bidding War Begins as Victory Capital Tops Trian OfferVictory's cash-and-stock proposal would value the combined company at about $16 billion.
February 26, 2026
Citi to Cut 141 Jobs in New JerseyThe laytoffs are part of the financial services company's ongoing headcount reductions.
February 25, 2026
UBS Names New Head of Field to Boost Advisor SupportThe appointment of Lisa Golia is intended to broaden the global wealth manager's leadership structure.