Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he worked as a copy editor and reporter for China Daily. He then returned to New York, where he earned his master's degree from the CUNY Graduate School of Journalism. Since then he's worked as a reporter for the New York Daily News and The Independent, as well as a video producer for the Daily Mail, the Daily Beast and Men's Journal.
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The St. Louis-based firm's earnings fell by 8.4% in last year's fourth quarter. But its wealth management business could not be stifled.
By Nathan PlaceJanuary 24 -
After the SEC's decision, Americans can finally invest in a fund whose underlying asset is bitcoin. But should they?
By Nathan PlaceJanuary 18 -
The firm's net income, client assets and advisor headcount all grew last year, according to a new SEC filing. But experts see trouble under the surface.
By Nathan PlaceJanuary 17 -
As a whole, the megabank saw its net income rise by 9% in 2023's final quarter. But its wealth management unit was another story.
By Nathan PlaceJanuary 12 -
There's no better example of investing in the future than an emerging markets fund. Here are the ones with the best returns.
By Nathan PlaceJanuary 11 -
As the Fed promises to cut rates, investors are eagerly awaiting a drop in bond yields — and a big jump in prices.
By Nathan PlaceJanuary 10 - As the new year gets underway, wealth managers are feeling unusually optimistic about the U.S. economy — and many say it's thanks to the central bank.Sponsored by ADP
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When it comes to artificial intelligence, wealth managers are all in. How will they use it in 2024?
By Nathan PlaceJanuary 8 -
We asked hundreds of wealth managers what they expect for their industry in the year ahead. Here's what they told us.
By Nathan PlaceJanuary 5 -
In terms of both economics and global events, 2023 was a year of instability. In 2024, financial advisors expect more of the same — but they have a plan for how to handle it.
By Nathan PlaceJanuary 5