Latest News from Financial Planning

Brookfield raises $23B, expects to ramp up pace of deals

The alternative asset manager said it has $77 billion in cash, securities and other available capital, including uncalled capital commitments from clients.

August 13

“We have been keeping our powder dry, waiting for opportunities we believe will come," says Brookfield Asset Management CEO Bruce Flatt.

PayDirt

August 12

Manish Vrishaketu

Manish Vrishaketu is the Chief Operations Officer at Tipalti.

August 12

Recruiting

RBC lands ex-Morgan Stanley team with $675M in client assets

The team caters to athletes, entertainers, and entrepreneurs.

By Erika Wheless

Reporter

August 12

Pedestrians carry umbrellas while walking past Royal Bank of Canada (RBC) signage displayed at the Royal Bank Building during the company's annual general meeting in Toronto, Ontario, Canada, on April 6, 2017. RBC Chief Executive Officer David urged lawmakers to coordinate interventions and act quickly to cool housing markets, particularly in Toronto and Vancouver. Photographer: Cole Burston/Bloomberg

Jordan Fabian

August 12

Tim Kaenel

August 12

Invest Insights

Merrill Lynch upgrades planning technology, encroaches on independents’ turf

Do RIAs still have a clear advantage when it comes to modern planning software?

By Ryan W. Neal

Technology Editor

August 12

Sam Graziano

Sam Graziano is the chief commercial officer of Amount.

August 12

Leah Betancourt

August 12

Bonuses and incentives

Even Wall Street’s biggest bonuses will disappoint this year

It’s enough to frustrate star traders, leaving them vulnerable to poaching by hedge funds willing to pay more.

August 12

Fixed-income traders may see their year-end bonuses jump 25% to 30%, according to Alan Johnson, founder of compensation consultant Johnson Associates.

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