Wealth Management industry news covering the financial markets, trends and wealth professionals.
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(Bloomberg) -- Pacific Life Insurance Co. agreed to buy Cadence Capital Management, adding $4 billion in assets under management and expanding into smart-beta investing, which weighs metrics beyond market capitalization when picking stocks...
(Bloomberg) -- A long-delayed plan that’s supposed to help U.S. regulators get to the bottom of what causes stock-market disruptions is getting a renewed push...
(Bloomberg) -- A federal appeals court upheld the 20-year prison term for former WG Trading Co. money manager Stephen Walsh, who pleaded guilty to securities fraud and received the maximum sentence for swindling investors out of $554 million...
Symmetry Partners, a turnkey asset management provider that has $7.4 billion in assets under management and advisement, launched a new microsite Monday with resources to help advisors find, market to and connect with female investors. The “Wo...
Need more of these. | vitanovski/iStock/Thinkstock
The bad apples in this industry—those working in the dark corners—may continue to operate in the dark, if a new survey is any indication. Overall, one in five U.S. adults have been victims...
(Bloomberg) -- Mutual and hedge fund managers dodged the toughest provisions of newly proposed U.S. pay rules designed to discourage excessive risk-taking on Wall Street...
What advisors need to do to navigate the fast-changing financial services landscape was the topic of the Money Management Institute’s conference this week in Washington, D.C. ...