(Bloomberg) -- Ten miles south of downtown Atlanta, in an anonymous business center overlooking the airport, sits the headquarters of what, on paper, is a hedge-fund powerhouse...
Lee Kranefuss launched iShares in 2000, when there were a mere 40 ETFs. Now, there are over 6,000 ETFs globally, according to BlackRock estimates. And while Kranefuss no longer works at iShares, he’s trying to help advisors make sense of the...
Slow going. | DAJ/Thinkstock
Assets under management growth is expected to slow from 7 percent per year to 5 percent per year until 2020, says an Oliver Wyman Wealth Management report co-authored by Deutsche Bank Research. The report, "Running...
(Bloomberg) -- The head of a family charged with participating in a $20 million pump-and-dump scheme pleaded guilty to running a fraud ring that allegedly involved his three sons and that prosecutors called "just the latest chapter in a...
(Bloomberg) -- Pacific Investment Management Co. named Emmanuel “Manny” Roman as its next chief executive officer, replacing Douglas Hodge, who presided over a tumultuous time that included the departure of Bill Gross and a plunge...
(Bloomberg) -- In the year that Donald Trump was transformed from a long-shot presidential candidate into the presumptive Republican nominee, he took on more debt and sold at least $50 million of stocks and bonds. At the same time, the value...
Snowden Lane Partners has announced that Sam DeGennaro, former first vice president of Merrill Lynch, will serve as partner and managing director in the firm’s New Haven, Connecticut, office...
Cetera Financial Group has added the second LPL executive to its senior management team since its parent emerged from bankruptcy in May. Jeffrey Buchheister, former chief accounting officer and executive vice president at LPL, will serve as...
