GPIF posted the huge loss due to decline for domestic bonds.
The firm is trying to curb costs as it continues to integrate TD Ameritrade.
Third-generation Wall Streeter will continue focus on women-led businesses.
Some officials have said the recent surge in long-term Treasury yields may reduce the need for further rate increases.
Thirty-three employees will join Choreo from BDO, including 17 advisors; the deal also adds seven locations to Choreo's network.
The firm has expanded its presence in Pennsylvania and Utah.
US stock futures down ahead of FOMC announcement Wednesday.
Macro trades are proving successful for fund managers.
Swiss currency to outperform peers, says JPMorgan FX chief.
Cerulli projects the independent and hybrid RIA channels will control nearly one-third of intermediary asset market share by 2027.
The corporate retirement group at Mesirow serves more than 350 plans that have about $13 billion in assets under advisement and management.
Changes will have a particular impact on the firm’s investment services business.
Latest addition is also the seventh for the firm so far in 2023.
New indie wealth firm is named for a local landmark.
New data shows 800 tons were acquired in the first nine months of 2023.
New York PE firm sees strong opportunities in Japan, Australia, and Southeast Asia.
'If anything, rising interest rates have dramatically increased the income [retirees] are able to generate from their cash and fixed-income investments, which has improved their cash flow,' an advisor says.
Co-founder Peter Stanton remains with the firm as strategic advisor.
Led by US co-heads, the unit aims to meet investor demand for diverse assets.
