Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Robinhood Clients Face Issues in Early Moments of SpaceX Trading
By Paige SmithRoughly 5,000 outages were reported as of 11:58 a.m. in New York, according to Downdetector.
June 08, 2026
Carson Acquires $1.1B Osaic AffiliateMichael Belluomini, a Carson executive, said the firms had been in talks on the deal for almost a year.
June 05, 2026
Western Asset to Pay $100M in SEC Settlement Over Leech TradesThe settlement resolves an investigation related to trading practices of the firm's onetime star manager Ken Leech.
June 05, 2026
12 Things That Set Top-Performing Wealth Managers ApartNew research on 2,385 advisors sorts out the best practices.
June 03, 2026
Wellington to Buy Hartford Funds for $1.9B in Wealth PushThe deal is expected to be completed in the first quarter of 2027.
May 29, 2026
Schwab Seeks to Reassure RIAs as Wealth Advisory Unit Grows"We will continue to be transparent with our advisors," says Jonathan Beatty, who heads Schwab Advisor Services.
May 29, 2026
UBS Sheds Hundreds in Latest Job Cuts After Credit Suisse DealThe cuts mainly affected staff in support functions although some bankers in client-facing roles were included.
May 26, 2026
JPMorgan Ordered to Pay $4.25M for Wrongful Firing of BrokerThe financial professional, now at Wells Fargo, alleged that his termination from the firm was defamatory.