JPMorgan turns heads after signing powerhouse $28B team from Merrill
The monster hire, historic in the scale of assets involved, helps America’s largest bank push deeper into the coveted ultra-high-net-worth arena.
Global ETF demand shrivels amid doused Fed rate-cut hopes
April data show 'muted' sentiment among investors, with equity ETF flows declining and fixed income maintaining strength.
Integrated Partners names Andree Mohr president
Mohr will focus on enhancing advisor support, training, and technology at the Boston, Massachusetts-based national planning firm and RIA.
AlTi announces deal for $3B family office Envoi
The acquisition in Minneapolis extends the global wealth manager’s ambitions to become a key player in the UHNW space.
Inflation fears eating away at nearly 90 percent of retirees, says Schroders
Latest snapshot research of US adults uncovers widespread concerns around retirement savings, healthcare costs, and market risks.
AllianceBernstein unlocks new retirement income option for DC plans
The new strategy, which offers lifetime income and higher growth asset exposure during retirement, will also be available as a CIT.
Wealth firms’ war for wallet share fuels consolidation, says Cerulli
Report reveals how top firms are taking more assets through M&A as they look to assimilate technology and service offerings.
Blackstone set to make debut on CAIS alts platform
Partnership will give more independent advisors and firms access to Blackstone strategies that have been curated and vetted by Mercer.
Concurrent bolsters Arizona presence with new independent practice
With a complex merger deal culminating in a $500M book of assets, the hybrid RIA welcomes three ex-Raymond James advisors.
MassMutual and iCapital unveil expanded alts platform
The firms have teamed up to build a centralized tech platform for advisors to access alternatives, structured notes, and annuities.