The addition of Simon brings the total number of asset managers and product manufacturers on the iCapital platform to nearly 300, according to the company.
The acquisition of Michigan-based Heber Fuger Wendin gives Mariner Wealth Advisors access to a new corner of the financial services industry.
The deal addresses the Canadian bank's relative weakness in the capital markets business compared to its larger competitors in Canada and deepens TD's reach into the US.
The team is joining from Citigroup, where its members had managed more than $2 billion in client assets.
The division caters to junior employees at private equity offices, consultancies and accounting firms, betting those clients will someday join the ranks of the ultra-wealthy.
A July survey of Tiger 21 members shows a renewed appetite for stocks that's being compared to the buying that occurred at the market bottom in 2009.
JPMorgan's Marko Kolanovic expects a rebound in stocks on attractive valuations and as the peak in investor bearishness has likely passed.
The SEC's proposed cybersecurity rule is an example of a one-size-fits-all regulation that would significantly affect smaller firms.
The portfolios were added to programs for Connecticut, New Hampshire and Massachusetts.
A survey published by Calvert Impact Capital found that 94% of advisers said they would like to see more impact products on the market.
Investment advisers would have to establish anti-money laundering programs under a provision tucked into the bowels of the National Defense Authorization Act. It's another example of the breakdown of regular order on Capitol Hill.
There's a growing pool of women seeking second careers who come from sectors including education and nursing, professions that create skills perfectly suited for wealth management.
Rather than free chicken dinners, Ameriprise's Eric Reinhold prefers the slow burn of bonding with clients over a fine cigar and top-shelf spirits.
Nearly 4 in 10 plan sponsors expect conditions in domestic markets to worsen, up from 20% in 2021.
The purchase of Johnson Brunetti, a retirement and investment specialist with $1.5 billion in assets, keeps private equity-backed Alera on track for its goal of hitting $10 billion in assets within a year.
Three dividend-focused ETFs rank among the top 10 in terms of equity inflows, and on the fixed-income side, Treasuries have seen a fierce rally.
The biggest registered investment advisory firms have mountains of assets under management, but how big are the individual client accounts at those firms?
Atlanta-based Bison Wealth provides back-office support for advisory firms in exchange for a share of their revenues.
Research has uncovered a fundamental disconnect between the value advisors think they offer—and what their clients perceive. Here’s how to turn that into an advantage.
How many financial advisers do registered investment advisory firms need when they manage tens of billions or even hundreds of billions in assets?
