Spring and fall are the two major seasons for charity galas. Some financial services firms buy tables and need to fill those seats. Many financial advisors volunteer at nonprofits, serve on committees ...

Fidelity Investments has told some of its smaller RIA clients to grow or go. The giant Boston-based custodian notified advisory firms with less than $100 million in assets on its custody platform that ...

Concurrent, a fast-growing RIA in Tampa, Fla., has acquired Spire Investment Partners, a wealth management platform serving independent financial professionals across the United States. The McLean, Va ...

Wells Fargo Advisors Financial Network (FiNet), a subsidiary of Wells Fargo, announced that a team of financial advisors and support staff in Ohio managing $1.3 billion in client assets recently left ...

On Monday, the agency released new guidance (including a revenue ruling) on “Section 351 seeding,” a tax strategy in which investors move their appreciated stock holdings into a special ETF created ...

Steve Cohen’s Point72 Asset Management is tripling the time it takes clients to fully exit its hedge fund, joining a cohort of major peers in locking up capital for longer. Investors in Point72’s ...

The era of blockbuster SEC off-channel enforcement actions may be fading. The compliance risk is not. That is the message from Kevin J. Harnisch, partner and co-head of regulation, investigations, ...

Greg Grissom serves as executive director of sports investing at CAZ Investments, where he partners with the firm’s investment management leadership to evaluate sports investment opportunities, ...

A US financier involved in oil and mining projects in Greenland is planning a new infrastructure investment venture in the territory, betting that Donald Trump’s focus on the island will help attract ...

Fintech firm Envestnet said today that it was making a $35 million "surge" investment in Tamarac, the wealth management platform for RIAs, more than doubling its previous investment in the technology.

The New York Knicks’ championship year is proving to be a boon for Goldman Sachs Group Inc. The Knicks, which broke a 53-year drought to win the NBA championship in June, were together awarded more ...