Morgan Stanley Expanding Estate Services
By Jeff BermanWirehouse's team of 25 staff provides "concierge support" for clients when there's a death, says Field Strategic Services chief Lisa Golia.
December 02, 2020
JPMorgan to Buy Maker of Tax-Efficient Portfolio ToolsNews of the 55ip deal comes nine days after BlackRock moved to buy Aperio, a personalized indexer and SMA shop, for $1 billion.
December 02, 2020
LPL Set to Buy Waddell & Reed's Wealth Unit for $300MThe deal should take place after Australia-based Macquarie Group acquires all of Waddell & Reed's operations for $1.7 billion.
December 02, 2020
COVID-19's Dramatic Death Rate Rise IllustratedWhite House advisors say those over 65 should avoid indoor public spaces with unmasked people.
December 02, 2020
ScratchWorks Invests $5M in 3 Wealthtech StartupsPairing wealthtech firms and top RIA investors brings suspense and cements the event's biggest deal to date.
December 02, 2020
Advisor Barred, Coughs Up $1M for Misleading ClientsCalifornia advisor was accused of concealing conflicts of interest from clients while persuading them to invest some $3 million with his companies.
December 02, 2020
BlackRock Drops iShares Brand From Some ETFsFund giant is rebranding its lineup, separating alpha-seeking active ETFs from all others, including its index funds.
December 02, 2020
Supreme Court Hears Arguments in Captive Insurer CaseThe outcome could affect how the IRS sets rules.