C-suite

The $217 billion alternative asset manager reported its biggest loss as a public company in the first quarter.

At home or under a socially distanced beach umbrella, these diverse titles will help while away this singular season.

The manager joins firms including JPMorgan and Arena Investors in seeking opportunities in the sector, particularly in the wake of the coronavirus pandemic.

Over the past 15 years, Black participation in the industry has stalled at a mere 8% — a figure that typically dwindles heading up the leadership ranks.

The firm had a target of joining the "$1 trillion club." Instead, clients withdrew more than $157 billion from its 2017 merger to the end of last year.

The privileged realms of American finance still look much the way they did a decade ago, or even two or three decades ago.

The industry’s lack of Black people and other minorities may explain why the world of social investing has fallen short on pushing corporations on race.

Just 5% of its 16,000 employees are Black, according to the company.

Members of the bank’s operating committee will be evaluated annually on how much they have increased representation and inclusion of diverse employees in the operations they oversee.

About 6% of the country’s family offices have more than $5 billion of assets under management, while roughly a third control $500 million or less.

“The idea is economic fairness, economic justice, economic inclusion. Not just making donations,” says Ariel Investments co-CEO John Rogers.

The death of George Floyd in Minneapolis and other fatal police encounters now fueling protests nationwide have prompted executives from almost every major bank and investment firm to speak out.

The IBD network had been preparing for disruption, CEO Adam Antoniades says, and it has the financial flexibility it needs to boost financial advisors’ practices.

This year’s honorees discuss how their firms are coping with the coronavirus pandemic and how this period may reshape the industry.

Fallout from the deepest worldwide downturn since the Great Depression has magnified economic and social inequality across the globe.

James Gorman is the first known case of a wirehouse executive contracting the virus.

The coronavirus pandemic will lead to a major economic downturn and stress mirroring the meltdown that nearly brought down the U.S. financial system in 2008, JPMorgan's CEO said.

Working from home doesn’t have to mean all work all the time.

Ameriprise’s chief took a 5% cut in his compensation, even as the firm cited notable positive results that buoyed the industry last year.

Whether you’re in search of a roadmap, strategies — or peace of mind for your clients — these recommendations fit the bill.