Results for "private-equity funds"

Displaying 137 results

Sort: Date | Relevance

Author:

LPL video about private equity looks like a swipe at Cetera

September 21, 2018

LPL Financial appears to be dissing its rivals, including Cetera Financial Group, in a video that is making the rounds of social media sites such as LinkedIn with the title, "How Financial Advisers Can Be Impacted by Private Equity Ownership."...

HighTower on prowl for new CEO, Weissbluth to become chairman

August 20, 2018

Elliot Weissbluth is stepping down as CEO of HighTower Advisors and moving into the role of chairman as soon as the Chicago-based RIA consolidator hires a replacement. The leadership change comes less than a year after HighTower sold a majority...

Equity ETFs ranked by second quarter performance

August 18, 2018

Ranked by quarterly returns Name/ticker 3-month return 1-year return Net assets ($M) Expense ratio* 3-month average daily volume 1 Invesco Dynamic Energy Exploration & Prod ETF (PXE) 27.97% 43.74% $98.70 0.80% 51,655 2 First Trust NASDAQ Oil...

Private equity chasing healthy returns at RIAs and broker-dealers

August 2, 2018

Why are private-equity investors swarming over the wealth management industry? As Willie Sutton supposedly said when asked why he robbed banks, "That's where the money is." Looking to buy businesses with annual rates of return of 20% to 25%...

Focus Financial IPO falls short of expectations

July 26, 2018

Focus Financial Partners' initial offering price of $33 was bid up by investors when the stock started trading Thursday afternoon. Despite the below-target offering price, the stock closed its first day of trading at $37.55, representing a 13.8%...

Wealth Enhancement Group adds $350 million planning firm in Florida

July 24, 2018

Wealth Enhancement Group, a Minneapolis, Minn.-based hybrid overseeing $8.9 billion in assets, has agreed to acquire Retirement Strategies Inc., a registered investment adviser and planning firm managing more than $350 million in assets and...

Focus Financial raises goal for IPO to $600 million

July 17, 2018

Focus Financial Partners' announcement Monday that it plans on raising six times as much money — $600 million instead of its original $100 million — in an initial public stock offering is another endorsement of the registered investment...

Genstar Capital buys majority stake in Cetera Financial Group

July 17, 2018

Cetera Financial Group, a network of six independent broker-dealers with about 8,000 brokers and advisers, said Tuesday evening that private-equity firm Genstar Capital will buy a majority equity stake in the company. Cetera's holding company,...

Upstart RIA uses access to alternatives to recruit advisers

June 28, 2018

A fledgling New York-based financial advisory firm aims to make a big splash as a consolidator by baiting the hook with access to sophisticated investments. Third Seven Advisors, which has absorbed two advisory practices for a total of nearly...

Private-equity veterans build $2 billion advisory firm from scratch

June 26, 2018

The wealth management space has become an attractive target of deep-pocketed private-equity investors, but rare is the private-equity investor launching a financial advisory firm from scratch. Enter Cresset Capital Management, a 1-year-old Chicago-based...

Winning over the ultra-rich means cutting them in on mega deals

June 11, 2018

America's last Gilded Age had its "List of 400": the people said to be worthy enough, or at least rich enough, to climb the pinnacles of high society. Today, in an age of affluence not even the Astors and Vanderbilts might have imagined, there...

Teamwork makes the dream work at Pimco

June 5, 2018

The sun hasn't yet lit up the California sky when Daniel Ivascyn and Emmanuel "Manny" Roman join each other at side-by-side desks on the 20th-floor trading room of Pacific Investment Management Co. From their aerie overlooking a luxury shopping...

It's time to educate your clients, and yourself, about alternative investments

May 5, 2018

Individual investors are being tempted by alternative investments as they seek greater diversification of their portfolios, so advisers should be preparing to answer questions about them from their clients. Alternative investments generally...

3 insights on the Financial Engines-Edelman combination and how it might affect you

May 3, 2018

On Monday, Financial Engines announced that it was being taken private by the respected private equity firm Hellman & Friedman for $3 billion in cash, a 30% premium over the pre-announcement closing price. Financial Engines will merge with Edelman...

Blackstone lures retail clients

April 26, 2018

Blackstone Group, the private-equity behemoth that's traditionally raised money from institutions, is making a bigger bet on individual investors. The $450 billion firm has expanded its private wealth group to about 100 employees, trained thousands...

Cadaret Grant acquired by private-equity-backed Atria

April 19, 2018

In a move the market has been anticipating for years, the owner of independent broker-dealer Cadaret Grant & Co. has agreed to a sale. Arthur Grant, president, chief executive and majority owner of the 33-year-old IBD with $23 billion under...

Private equity firms seek to do well by doing good

April 10, 2018

At less than 3 inches long from head to tail, the dunes sagebrush lizard is in the running for meekest creature on earth. The tiny reptile lives on land in West Texas where Vista Proppants & Logistics was looking to build a sand mine. Vista...

Private equity dollars pouring into wealth management, fintech

March 7, 2018

Private equity investors continue to pour into the wealth management space, according to the latest research from Echelon Partners. A report being released today by the investment banking firm shows growing private equity influence on both advisory...

Blackstone sees half of assets coming from individual investors

March 6, 2018

As the world's largest private equity firm plans to double assets under management over the next five years, it also wants individual investors to get a greater slice of the action. About 15% to 20% of Blackstone Group's annual fundraising currently...

Majority of high-net-worth advisers plan more direct investments, Cerulli says

February 8, 2018

More than two-thirds (67%) of high-net-worth advisory practices expect to increase their allocations to direct investments or co-investments over the next two years, according to a new report from Cerulli Associates. Only 22% of HNW firms indicated...

Next Page »

1 | 2 | 3 | 4 | 5 ... 7

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.