Letus works mainly with ultra-high-net-worth entrepreneurs and their families. Credit: abumuhammad051992/ Shutterstock.com. Corient has reached a deal to acquire Letus Private Office, a multi-family ...

Merrill Lynch, Pierce, Fenner & Smith Incorporated has resolved SEC charges tied to repeated failures to submit suspicious activity reports (SAR) between April 2020 and September 2024.

General Atlantic is exploring a purchase of PAG’s holding in Nuvama Wealth Management and has already held several rounds of discussions with the Hong Kong-based investor, reported Moneycontrol citing ...

Mirae Asset Securities has introduced Mirae Asset Portfolio Service (MAPS) in Hong Kong, giving users a single mobile platform for trading both conventional financial instruments and digital assets.

Natixis Investment Managers has appointed Léa Dunand-Chatellet as the new CEO of its affiliate Mirova, a global asset manager.

Lombard Odier Group and Alpha Japan LO am have joined forces to bring their asset management and distribution operations into “closer alignment”.

The Financial Conduct Authority (FCA) has opened a consultation on changes to the UK Listing Rules for closed ended investment funds, centred on conflicts of interest.

Arca, a wealth management firm built around AI tools and human advisers, has come out of stealth with $64m in seed and Series A funding.

The US Securities and Exchange Commission’s enforcement arm is examining continuation vehicles used by private equity firms and other asset managers to keep hold of assets they are unwilling or unable ...

Financial advisers are forecasting continued expansion in assets under management even as they face political conflict, energy market disruption, shifting global alliances and unclear interest rate ...

The research revealed that a sizeable portion of clients’ digital asset holdings remains outside the advisory process.

Australian Financial Planning Group (AFPG) has received a minority investment from Kudu Investment Management; in a deal whose value was not made public.