All articles by Satarupa Bhowmik
Satarupa Bhowmik
Mercer Advisors adds around $1.7bn in assets with double deal
Chapel & Collins manages about $675m in assets, and Waypoint Capital Advisors manages nearly $1bn in assets for UHNW.
Waverly Advisors acquires Ohio RIA Buckingham Advisors
With the acquisition of Buckingham Advisors, Waverly Advisors adds $900m in assets to its books.
DWS Group appoints new global CIO
In the new role, Vedda replaces Björn Jesch, who quit the company by mutual agreement.
Osaic expands with Nova Wealth acquisition
Nova Wealth, which has $180m in client assets under administration, helps in creating specialised retirement income plans.
Italy’s Intesa, BlackRock enter digital wealth partnership
The partnership aims to improve FISPB’s services, including brokerage, hybrid advisory, and discretionary portfolio management.
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Schroders trims executive team in new CEO’s push for revamp
Effective immediately, the reorganisation is part of a strategic effort to drive the company’s transition to growth.
Morgan Stanley executive named new PGIM president and CEO
Effective 1 May 2025, Chappuis will succeed David Hunt who will retire but will remain as chairman until 31 July 2025.
Invesco Advisers hit with $17.5m SEC fine for misleading ESG claims
SEC claims that Invesco misled clients about portion of company-wide AUM incorporating ESG factors in investment decisions.
LGT Crestone to buy CBA’s personal advice unit
The deal will also add nearly 40 advisers, associates and support employees to LGT Crestone.
India’s Nivesh buys wealth platform Wealthzi
With the acquisition, the combined entity is expected to manage assets totalling around $333.3m.