Finance News

Vista Equity Hires KKR’s Parant to Further Private Wealth Push

The move comes as individual investors hold about 50% of global assets under management—a figure that’s expected to rise to almost 70% by 2023,

logo.png  By NB  Feb 17, 2024

Goldman Boosts CEO Solomon’s Pay 24% After Firm’s Profit Slumps 24%

The package for 62-year-old David Solomon includes a $2 million base salary and $29 million in variable compensation, with $20.3 million of that in the form of restricted stock units.

logo.png  By NB  Feb 17, 2024

RIA Roundup: Painter, Smith & Amberg Joins Prospera with $650M

No less than three new RIAs debuted this week, while Prospera and four other firms announced deals, three made key appointments and one updated its name.

logo.png  By NB  Feb 17, 2024

TIAA-CREF Settles SEC Charges Over Reg BI Violations for $2.2M

TIAA IRA customers paid more than $900,000 in combined expenses that could have been avoided by investing through a “brokerage window” with lower-cost share classes, according to the regulator.

logo.png  By NB  Feb 17, 2024