All articles by Vidyasagar Maddela
Vidyasagar Maddela
Daiwa Securities to invest $32m in Indian’s Ambit Wealth
Daiwa Securities will appoint one member to Ambit Wealth’s board of directors.
Mercer Advisors acquires Glass Jacobson
The deal strengthens Mercer Advisors’ presence in the Mid-Atlantic region and expands its reach across the Baltimore and Washington.
Creative Planning acquires US registered investment advisor Burt Wealth
The acquisition of Burt Wealth Advisors is expected to expand Creative Planning’s presence and increase its AUM.
Wealthfront announces plans for IPO and Nasdaq listing
Wealthfront targets a valuation of up to $2.05bn and aims to raise $485m by offering 34,615,384 shares.
JP Morgan to double Swiss private banking business by 2030
JP Morgan managed $55.6bn in Swiss private banking assets at the end of last year.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Goldman Sachs agrees to acquire Innovator Capital for $2bn
Innovator currently manages 159 defined outcome ETFs.
Goldman Sachs to expand Birmingham office with 500 new roles
The move is expected to double the current headcount at the financial firm’s Midlands outpost in the UK.
Nomura, OpenAI partner on asset management
Nomura will adopt OpenAI Deep Research and use its strategic and technical support for deploying new services for clients.
Seviora and Pavilion to form Asia-based asset management group
This integration is expected to increase Seviora’s assets under management (AUM) to approximately $72bn.
Cetera Financial Specialists adds Callero Capital Management
Callero delivers wealth management and retirement planning services to a client base that includes individuals, families, and business owners.