Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
AssetMark to Acquire $12B in Assets From Morningstar Wealth
By Janet LevauxAdvisors using Morningstar's TAMP will gain access to AssetMark's full platform of services and investment strategists.
June 17, 2024
S&P 500 Races Toward 30th All-Time High of 2024Optimism over a resilient economy, improving profits and the possibility of rate cuts are pushing equities higher.
June 17, 2024
Ken Fisher Sells Stake of Up to $3BPrivate equity firm Advent International and the Abu Dhabi Investment Authority are buying a stake in Fisher Investments.
June 14, 2024
8 Ways RIAs, Investors View Markets Over the Next Year: SchwabThe outlooks of advisors and investors differ in some key ways, according to a new survey.
June 13, 2024
Wells Fargo Fires Over a Dozen for 'Simulation of Keyboard Activity'The staffers, all in the firm's Wealth and Investment Management unit, were discharged after faking work.
June 12, 2024
How Advisors Can Help Women Adjust to WidowhoodDebt is a major financial challenge facing widowed women, a Thrivent survey found.
June 11, 2024
BlackRock to Liquidate 15 FundsThe funds being shuttered include thematic ETFs on sustainability and working from home.
June 11, 2024
10 Dividend-Growth Stocks That Are Cheap Now: MorningstarCompanies with growing dividends tend to be profitable and financially healthy — as well as having competitive advantages.