Industry News

Edelman Group goes private

U.S. wealth management firm Edelman Financial Group Inc. agreed to a buyout offer from private-equity firm Lee Equity Partners that values the company at roughly $263 million.

By Wire services |April 17, 2012

2 min read

Where to find wealthy prospects

Advisors often wonder where they can find wealthy clients. It turns out, they’re all hanging out on social media, with rich investors spending an average of 9 hours per week on their phones, 12 hours on their tablets and 22 hours on computers.

April 17, 2012

2 min read

Look to corporates as Europe heals

The euro crisis is slowly fading away but not all is cured in Europe. While some may be convinced that the worst has come and gone, issues will continue to resurface that will shake investor confidence in coming months.

April 17, 2012

2 min read

CI shuffles portfolio managers

CI Investments has announced portfolio management changes affecting three funds in its Castlerock Investments and Lakeview Asset Management divisions.

By Staff |April 16, 2012

1 min read