More about InVest: As new digital tools transform wealth management, the industry’s largest players are rushing to adapt to ever-increasing customer expectations, while smaller firms strive to keep pace. Behind the scenes, many are investing more on technology and hiring to drive growth, but margins remain under pressure. In|Vest West is exploring all the dynamics at play — from front to back office — and the technologies that are shaping the future of the firm.
-
BlackRock, with $2.2 trillion of U.S. ETF holdings at the end of the third quarter, will shift 40% to Citigroup Inc., 30% to JPMorgan Chase & Co. and 15% to Bank of New York Mellon Corp.
December 8
-
Business lines south of the border, led by a diversified commercial banking unit, contributed more than 40% of total earnings at Bank of Montreal over the past 12 months. Company executives now see an opportunity in selling wealth management services to commercial clients.
December 8
-
MSCI ESG research leaders Linda-Eling Lee and Meggin Thwing Eastman dissect the hottest ESG topics to track in the coming year while reflecting on how much the ESG conversation has changed in the past decade.
December 7
-
In the first hearing for the Social Security 2100 Act, Republican members questioned the legislation’s effectiveness and price tag.
December 7
-
Recognizing the strengths and weaknesses of your choices can help stave off losses as prices rise.
December 7
Cannon Advisors -
Wall Street is trying to bottle ESG, but ESG has other ideas.
December 7
-
During a Tuesday morning interview, the former Fidelity Magellan fund manager called the move to passive a mistake.
December 7
-
Seth Appleton is president of U.S. Mortgage Insurers. He previously served as an assistant secretary at the U.S. Department of Housing and Urban Development.
December 7
-
Cathy Koch is
EY ’s global sustainability tax leader and leader of EY’s Americas and global tax policy network. Prior to joining EY, she served as chief policy advisor to the Senate majority leader for tax and economics.December 7
-
The historically robust mix has recently started posting short-term losses.
December 7
