Northern Trust Global Investments will advise large-cap and mid-cap assets for Groupama Asset Management of Paris, the Chicago banking company said Friday.
Northern Trust Global Investments already has partnerships with major European financial companies in Germany and Italy. It had $302.5 billion of assets under management at Dec. 31.
Section 529 plans, or qualified tuition programs, offer tax-advantaged savings for educational expenses, but advisors say clients should also consider the accounts' limitations.
The rankings of the fastest-growing RIAs over the past 12 months, compiled by AdvizorPro, highlight key nuances of the channel's rapid expansion.
RBC's U.S. wealth business also benefited from a surge in loans to clients.
Equipping advisors with both soft and hard leadership skills can not only give them a morale boost, but also encourage them to stick around.
Gryphon Wealth will keep Wells Fargo Clearing Services as its custodian in a deal that brings in tech support from TradePMR, a firm acquired by Robinhood in 2024.
If wealth management clients have children who are recent college graduates, pointing them in the right direction on their first 401(k)s helps build strong connections with two generations.
