All articles by Verdict Staff
Verdict Staff
Fieldpoint Private names new managing director and senior advisor
Fieldpoint Private, a Connecticut-based wealth advisory and private banking firm, has appointed Marc Halsema as its new managing director and senior advisor.
NAB overhauls wealth management division
National Australia Bank (NAB) has made slew of changes to its organisational structure as well as its executive leadership team to drive its Australian and New Zealand businesses.
Northern Trust names new vice chairman
Northern Trust has appointed its president William Morrison to the role of vice chairman.
People’s United Bank to acquire investment manager Gerstein Fisher
People’s United Bank subsidiary People’s Securities has agreed to purchase Gerstein Fisher, a New York City-based investment management firm with a $3bn, for an undisclosed amount.
Man Group names new CEO
British hedge fund firm Man Group has appointed Luke Ellis as its new CEO, replacing Emmanuel (Manny) Roman, who is taking up the role of CEO at PIMCO from 1st November 2016.
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OppenheimerFunds unveils new app to help advisors address business goals
US-based asset manager OppenheimerFunds has launched an interactive, customisable app to help financial advisors achieve business goals.
Morgan Stanley wealth unit records 3% slide in Q2 pre-tax income
Morgan Stanley’s wealth management arm has reported a pre-tax income from continuing operations of $859m for the second quarter of 2016, down 2.9% from $885 in the year-ago quarter.
Northern Trust net income falls 3% in Q2
Northern Trust has reported net income of $260.7m for the second quarter of 2016, down 3% compared to $269.2m a year ago.
Sequoia Financial forays into fund management space
Sequoia Financial Group has struck a partnership deal with Aitken Investment Management (AIM) that will offer retail investors exposure to the latters wholesale only fund.
Misys opens new office in Texas
Misys, a UK-based developer of software solutions for financial services institutions, has opened a new office in Texas, US as part of its growth strategy.