Old Mutual to Merge Asset Management Operations With Gerrard:Firm Hopes to Unify Platform
London-based
Service provider Ridgefield Unit Trust Administration, a third-party service provider that works with Gerrard will also fall under the management Ainsworths management.
Edmond Warner, CEO of Old Mutual Financial Services said the move is aimed at "bringing a coordinated approach to our U.K. business" and establishing a consistent platform Old Mutual asset management unit.
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
Caz Craffy admitted to taking nearly $10 million entrusted to him by Gold Star families and using it for excessive trades through outside brokerage firms.
The number of experienced financial advisor recruits fell in the first quarter, but Ameriprise's overall headcount and its profits are on the rise.
