InCap Group Congratulates Persimmon Capital Management on its acquisition by Dakota Wealth Management prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Peter Mallouk s Employees Take Equity in Creative Planning Some 10% now have a stake in the fast-growing RIA. We anticipate that the percentage that’s owned by employees should increase every year from now and ongoing, Mallouk said.
Creative Planning Chief Executive Peter Mallouk opened equity to employees inside the fast-growing registered investment advisory firm, with 10% of the workforce, or some 86 people, now partial owners, according to a company announcement.
Mallouk would not reveal the names of the firm s new principals but said it was largely those with long tenures at the firm. LinkedIn reveals managing directors John Baker, Tamara Lowenberg, Carlos Lopez and Jason Guehl were a few of many listed that added the title “principal” to their profiles in March.
Succession Link Partners with InCap Group, Inc to Assist Advisors through the Lifecycle of the M&A Process prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
State Street looks at merger or sale options for SSGA
Goldman Sachs said to be shopping manager to big names in industry
Photo: Mike Blake/Reuters
One source said Chairman and CEO Ronald P. O’Hanley is ‘in a great position to be a consolidator.’
State Street Corp., Boston, is seeking to expand the investment management capabilities of State Street Global Advisors or possibly sell the asset management unit, which as of Sept. 30 reported $3.15 trillion in assets under management.
Industry sources who spoke on condition of anonymity confirmed that Goldman Sachs Group Inc. s New York-based investment banking unit has been discussing SSGA with potential acquirers, merger partners or collaborators, including Invesco Ltd., UBS Group AG and The Vanguard Group Inc.