Rupert Murdoch’s $5 billion bid to acquire
And for those mutual funds holding shares in Dow Jones, the announcement was a real boost. One of the funds that got a shot in the arm was the Aston/Optimum Mid Cap Fund, which has 2.38% of its assets in Dow Jones and which rose 1.92% on Tuesday.
The Hotchkis and Wiley Mid-Cap Value Fund, with a 2.82% exposure to the stock, rose 1.65%. And the Allegiant Large-Cap Value Fund, with 1.96% of its assets invested, got a 1.35% bump.
AdvicePay has appointed Kelsey Lewis as president, overseeing the growth strategy for one of the top payment processing platforms for advisors.
The disturbing nature of the claims and puzzling sequence of events add a fraught layer to what was already going to be a challenging CEO handoff from the founder.
Sixteen advisors argue the megabank owes them more than $270 million over false promises they were made when being recruited.
Social Security is still drifting toward insolvency, according to the program's board of trustees. Here's how to reassure worried retirement savers.
Executives at the Zurich-based bank say $27B in net new assets for the first quarter put the firm well on its way to its wealth management goals.
An M&A deal brings a fourth office location to the ambitious firm launched in 2019 by Jason Ray and Chelsea Ransom-Cooper.
