03/31/2023
Cetera Announces Strategic Relationships with Two Financial Institution Investment Services
Mechanics Investment Services and UNCLE Wealth Management partnering with Cetera Investment Services
Alternative Investments
03/29/2023
Macquarie Asset Management announces investment in US fiber business Pavlov Media
The Fund’s investment will allow Pavlov Media to continue the construction of fiber infrastructure in existing and new markets, expand the company’s MDU market presence and accelerate Pavlov Media’s fiber-to-the-home initiatives
03/29/2023
Individual Investors Favor Resort Hotels Within Broader Hospitality Sector
Full-service hotels in vacation destinations are attracting equity from high-net-worth investors who are joining deals as limited partners.
03/28/2023
Morningstar's Target-Date Strategy Landscape Report Finds Investors Stayed the Course Despite Market Volatility in 2022
Total target-date assets fell to $2.82 trillion in 2022 from its record high of $3.27 trillion in 2021.
03/28/2023
Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks
Despite assurances from CEO Walt Bettinger and the Charles Schwab himself, questions around the comnpany won't go away.
03/28/2023
Oxbridge Launches Offering of Tokenized Reinsurance Security: DeltaCat Re
The DeltaCat Re token will indirectly represent fractionalized interests in reinsurance contracts, with each token representing one preferred share of SurancePlus.
03/27/2023
Banking woes, Fed keep investors on edge in nervous U.S. stock market
Banking sector concerns drove sharp moves in financial stocks in the United States throughout the week after the collapse of two U.S. lenders
03/27/2023
Oppenheimer has issued an earnings forecast for Wells Fargo & Company for the third quarter of 2023.
Earnings of $4.81 per share are expected to be generated by Wells Fargo & Company over the entire calendar year.
03/27/2023
Short Sellers Step Up Bets Against Office Owners on Bank Turmoil
Hedge funds have been using credit-default swaps indexes known as CMBX to bet against CMBS that are most exposed to offices.
03/23/2023
J. Stern & Co. Expands in North America
The firm’s investment approach is based on deep, fundamental in-house research and active engagement with the management teams of its high-quality investee companies.
03/22/2023
State Street Further Expands Outsourced Trading Capabilities
Acquisition of CF Global Trading to help clients drive growth to portfolios while accessing the scale, experience, insights, liquidity and technology of State Street’s established trading infrastructure
03/22/2023
CIFC Continues Expansion of Investor Solutions Group with Addition of Anna Kunz
Senior Business Development and Marketing Executive Joins as Managing Director
03/22/2023
Mariner Wealth Advisors Enters New Market with Goldfinch Wealth Management Acquisition
New Location in South Carolina Boosts Firm’s East Coast Presence
03/21/2023
How Manulife Securities-Fidelity deal signals a larger trend
Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
03/20/2023
R&Q sells stake in MGA TPM Holdings USA
The firm said it would use the proceeds from the transaction for general corporate purposes and to pay down debt.
03/20/2023
Warren Buffett has been talking to the Biden White House about a possible investment in regional banks, report says
Buffett also offered advice and guidance on the situation, according to unnamed sources who spoke to Bloomberg.
03/20/2023
Advisor inheritance case a cautionary tale for Canadian wealth industry
Case of ex-dealing rep named as sole beneficiary to elderly client’s $1.8-million estate holds lessons for firms and advisors
03/20/2023
LatAm growth threatened if financial turbulence spreads -IDB chief economist
IDB President Ilan Goldfajn said Wednesday that Latin America has a "very resilient and well managed" financial system.
03/17/2023
Former Merrill Lynch VP Launches Florida RIA
University of Miami basketball brought Justin Heller and his partner together at the wirehouse; now they've launched their own firm with an assist from Rapport Financial's Aaron Hattenbach.
03/16/2023
Passion for improvement keeps advisor ahead of the pack
Chad Larson explains how MLD Wealth Management delivers best-in-class results and solutions