Financial services
SEI, a leading technology and investment solutions company, has announced that it has surpassed $1.5 trillion in alternative assets under administration in its Investment Managers business. This milestone is a testament to the company's expertise and commitment to delivering customized solutions to its clients. As the largest
Financial services
Sun Life U.S. is streamlining benefits for its members by integrating claims across its disability, supplemental health, stop-loss, and dental products. When a member has multiple products and files a claim, all applicable benefits will be processed automatically, eliminating the need for additional claims. This innovation is part of
Financial management
Pradeep Jayaraman, a seasoned business leader with over a decade of experience in acquiring, nurturing, and growing wealth management businesses, has been appointed as the new President of Bluespring Wealth Partners. Jayaraman will oversee all functions at Bluespring, including strategy and execution, and will focus on driving growth and innovation
Financial services
LPL Financial, a leading US-based independent broker-dealer, has announced its acquisition of The Investment Center, a New Jersey-based firm with approximately $9 billion in brokerage and advisory assets. The acquisition is the latest in a series of deals made by LPL Financial, with the firm also acquiring Atria Wealth Solutions
Agricultural land
The farmland market has seen significant changes in recent years, with wealthy investors now dominating the market, displacing traditional agricultural buyers. The supply of farmland has increased, and the traditional drivers of farm sales, such as divorce, debt, and death, have been replaced by factors like Brexit and the transition
Financial services
As the UK government continues to sell off its stake in the NatWest Group PLC, the bank is no longer considered a public company. The Office for National Statistics (ONS) has announced that the bank will be excluded from its calculations on state-owned companies, as its stake has fallen below
Financial services
Alberto Francis, a seasoned financial advisor, has joined LPL Financial's high-net-worth-focused employee affiliation model, LPL Private Wealth Management, to launch Rockview Private Wealth. With approximately $725 million in advisory, brokerage, and retirement plan assets, Francis brings a wealth of experience to his new practice. As a former professional
Financial management
LPL Financial LLC recently announced the addition of the SoundWay Financial team, led by senior advisors Richard Belanger, Hons Yu, and Michael Belanger, to its broker-dealer, RIA, and custodial platforms. The team serves approximately $180 million in advisory, brokerage, and retirement plan assets and joins LPL from Cetera. The SoundWay
Financial services
LPL Financial, LLC, has announced that financial advisors George Englert, Kevin Englert, and Carrie Hughes have joined its broker-dealer, RIA, and custodial platforms. The trio brings with them approximately $170 million in advisory, brokerage, and retirement plan assets. The team has transitioned from Avantax, which is now owned by Cetera,
Financial services
LPL Financial LLC announced that George Englert, Kevin Englert, and Carrie Hughes have joined its broker-dealer, RIA, and custodial platforms, bringing with them approximately $170 million in advisory, brokerage, and retirement plan assets. The advisors, who founded Englert Financial, a family-oriented firm based in Springfield, Va., cited LPL's
Financial services
Woori Investment and Securities, the result of a 10-year journey, officially launched its operations on Thursday, marking a significant milestone for the mid-sized securities firm. With a capital base of around 1.1 trillion won ($806 million) and a ranking of 18th in the industry, the firm aims to become
Citizens Financial Services Inc.
Citizens Financial Services, Inc., the parent company of First Citizens Community Bank, released its unaudited consolidated financial results for the three and six months ended June 30, 2024. As of June 30, 2024, the company's total assets were $2.95 billion, compared to $2.98 billion at December
