Corient Adds $21B Summit Trail Advisors
By Rob BurgessThe transaction brings the Miami-based wealth management firm to about $556 billion in AUM.
August 05, 2026
CFPs Are Happy and Clients Are Optimistic: SurveyInvestors feel better about their financial outlook than they did three months ago, according to the CFP Board.
August 05, 2026
Social Security Commission Would Be a Waste of Time, Groups SayA retiree advocate says trying to fix the system through a bipartisan panel creates "serious risks."
August 05, 2026
Hightower Adds $2.5B Stearns Financial GroupHaleh Moddasser, managing partner at Stearns, said the firm had been discussing this move since late last year.
August 05, 2026
Vanguard Muni Bond Head to DepartPaul Malloy, who oversaw roughly $300 billion in municipal assets at the investment titan, has left the firm after over two decades.
August 05, 2026
Prudential Aims to Reap $3B on Emerging Markets ExitPrudential is seeking to focus on core markets and bolster its asset management unit.
August 05, 2026
Major Hedge Funds Targeted in Wave of Attempted CyberattacksHackers reportedly launched a wave of sophisticated attacks on Wall Street firms in recent days.
August 05, 2026
Fake Advisor Sentenced to 3.5 Years for Defrauding 64 InvestorsHunter Haithcock stole at least $650,000 starting in his teens, prosecutors say.