After two acquisitions so far this year, AlTi Global Inc., the giant registered investment advisor that targets wealthy clients, continues to see potential mergers and acquisition targets on the horizon. With $68 billion in client assets, AlTi Global has had a busy year. Since its merger wit Learn more about...
InvestmentNews' inaugural 5-Star Fund Providers and 5-Star Research Platforms is now open. How will you rate your fund providers and investment research platforms? By taking a few minutes to complete the surveyy,you’ll be helping financial and investment professionals make better-informed de Learn more about reprints and licensing for this article.
The 2024 presidential election is less than a year away. But some investors are already concerned about who’s going to win the big boy chair next November. A survey from Janus Henderson released Tuesday shows 49% of investors are very concerned about the presidential election, surpassing the po Learn more about...
The Financial Industry Regulatory Authority Inc. has fined Haywood Securities USA as part of a settlement agreement. Haywood Securities USA is the U.S. subsidiary of Haywood Securities Inc. a Vancouver-based financial firm offering investment banking and sales and trading services, among others. Learn more about reprints and licensing for this...
LPL Financial Wednesday announced the launch of LPL Private Wealth Management, an affiliation program for advisors catering to high-net-worth clients. LPL currently serves approximately $130 billion in high-net-worth assets under management, according to the company, offering resources such as a Learn more about reprints and licensing for this article.
The independent wealth management space continues to evolve rapidly as firms look to address the changing needs of financial advisors and clients. In a consolidating industry, where traditional business models and corporate structures may no longer be sufficient to drive sustained growth, all businesses, no matter the size, may...
As traditional equity and fixed-income markets become increasingly volatile, financial professionals need to find ways to differentiate themselves from their peers to continue to attract, consolidate and retain client assets. The reality is the classic 60/40 portfolio split isn’t going to win a financial practice new business or help...
Bonds are looking attractive right now and are set to be a shining light in 2024, according to a new outlook from portfolio managers at Pimco. Erin Browne, Emmanuel Sharef, and Geraldine Sundstrom have shared their Asset Allocation Outlook with InvestmentNews and their belief that bonds have rarely been as...
The team at technology-centric wealth management firm Farther is celebrating strong growth despite challenging conditions. Assets under management increased 2.4x between April and September 2023 to a total of $1.6 billion. It says that the rapid growth makes it one of the fastest venture-backed w Learn more about reprints and licensing...
US House lawmakers overcame partisan animosity Tuesday to pass a temporary government funding bill that greatly lowers the risk of a shutdown even as it delays fights over Ukraine aid, border policies and deep cuts to federal programs. Democrats bailed out newly elected Speaker Mike Johnson, a Republican whose plan...