Bridgewater Increased Bets On Banks Before Election-Driven Rally
Bridgewater added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a presidential election rally.
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SoFi Is Making A Significant Shift In It's Robo-Advisor Offering
SoFi is making a significant shift in its robo-advisor offering by introducing new investment choices and, for the first time, a management fee.
Captrust Financial Extends It's Reach Into New England
Captrust Financial Advisors has expanded its reach with the acquisition of Boston Financial Management, an RIA overseeing nearly $5 billion in assets.
Wall Street Bankers Are Getting Even Bigger Bonuses This Year
Wall Street bonuses could jump as much as 35% this year as the financial services sector basks in strong markets and solid revenue growth.
Mercer Global Advisors Acquisitions Added Nearly $1.7 Billion In Assets
Mercer Global Advisors has acquired two RIA firms, adding nearly $1.7 billion in assets to the Denver-based firm's growing portfolio.
Hedge Funds Shorting Tesla Just Lost More Than $5 Billion
Since Donald Trump’s election win, the hedge funds clinging on to bets against Tesla Inc. have lost billions of dollars.
Mike Mayo Sees ‘Paradigm Shift’ For Banks On Trump Deregulation
For Mike Mayo, the veteran analyst known for pointed opinions on the largest US banks, the election of Donald Trump is nothing short of a sea change.
