Finance

The deal to purchase the asset manager could be announced in a matter of weeks.

Zoe Financial wants to create an elite network that brings together high-net-worth clients and thoroughly vetted RIAs, says CEO Andres Garcia-Amaya.

Family offices saw a growth in returns last year fueled by soaring stock markets and private equity.

The holding company launched only two years ago, but it’s already made two purchases and has several more in the works.

While sector holdings previously were pretty similar among issuers, distinctions as a result of the shuffle are expected to be stark.

No one’s talking about the latest Treasury market selloff because it’s tough to find the negative ramifications across other asset classes.

Fintech accelerator Scratchworks kicked off its second competition, having already funded two winning startups from its inaugural contest.

Applications that tackle the industry's compliance issues, automate back-office processes and streamline clearing and settlements are drawing interest from venture capital firms.

The fund recorded its biggest inflow since inception a week before plans from the S&P and MSCI to group together internet and media stocks.

Aggregators, private equity firms and family offices are all investing in RIAs. Know the key differences between them.

The equal-weighted nature of XBI gives the fund greater exposure to developing companies than similar products.

The S&P index of 18 asset management firms and custody banks is down nearly 11% this year, compared with a gain of more than 8% for the broad S&P 500.

Regulators in Massachusetts launched a “sweep” of more than 60 firms that sold nearly $1.3 billion in limited partnerships sponsored by GPB Capital.

It’s the first U.S.-domiciled index ETF of ETFs with access to the global investment-grade credit universe, the firm said.

Startups are applying AI and big data to determine how advisory clients make investment decisions in real time.

A growing chorus of firms such as Fidelity, Citigroup and Goldman Sachs have announced plans for a variety of services around cryptocurrency trading.

Facet Wealth acquires small clients from advisory firms, with the promise that it will operate as a partner rather than as a competitor.

A quarter of asset management executives pin the blame on organizational culture, according to FIS research.

More than half of advisors would consider buying a smart beta muni bond ETF for clients, according to a Columbia Threadneedle poll.