David Solomon (centre), Chief Executive Officer of Goldman Sachs during an event attended by Prime Minister Rishi Sunak at the Business Roundtable during his visit to Washington DC in the US on June 8, 2023 in Washington, DC.Niall Carson | WPA Pool | Getty ImagesGoldman Sachs said Monday that...
After a week of speculation, Goldman Sachs Group Inc. said Monday morning it was selling its registered investment advisor business, Personal Financial Management, to Creative Planning, a leading RIA with $245 billion in client assets. Terms of the transaction were not released on Monday. The transaction is expected to...
Raymond James announced Monday that it added a San Ramon, California-based team of financial advisors that oversaw more than $2.6 billion in client assets at Securian Financial Services. Summit Financial Advisors is affiliating with Raymond James Financial Services, the firm’s independent advisor channel. Summit, which has 16 advisors and 23 staff...
Roberto Machado Noa | LightRocket | Getty ImagesBrazilian beauty conglomerate Natura & Co is considering a sale of The Body Shop after the skincare and cosmetics line saw another quarter of declining sales, according to a Monday securities filing.Natura & Co, which owns the Avon and Natura brands and...
What a week -- between NVIDIA Corp (NASDAQ:NVDA) earnings and the Jackson Hole Economic Symposium, we saw violent intraday swings that whipsawed investors...
Virgin Atlantic Airways Airbus A350-1000 aircraft seen taxiing in front of the air traffic control tower at London Heathrow airport in U.K.Nurphoto | Nurphoto | Getty ImagesThe U.K.'s air traffic control provider reported a technical issue Monday which saw flights across the country disrupted."We are currently experiencing a technical...
For a growing number of families, financial aid is key when it comes to paying for college.With tuition on the rise, most college-bound students now rely on a combination of resources to make it work, including income and savings, free money from scholarships and grants and, of course, student loans,...
Retirement plans are getting more confusing, but that could be a good thing for financial advisors, according to a Fidelity Investments study released Monday. Fidelity characterized 2023 as a “year of opportunity” for the retirement plan industry in its 14th annual Plan Sponsor Attitudes Study. In other words, the asset...