Wealth Management Industry News
A collection of Wealth Management latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
This $872 Million Morgan Stanley Advisor Gave Up The MLB For Wealth Management
Firm: Morgan Stanley Wealth Management Team Custodied Assets: $872 million Background: Longpre, 39, grew up in a working-class family in La Crescenta, California, the son of a mail courier and a nurse. His interest in finance began at age 11, after…
Norway wealth fund manager says fund collapse not impossible
OSLO – Could Norway's sovereign wealth fund, the largest in the world with over US$2 trillion (S$2.5 trillion) in assets, go up in smoke? On Aug 11, its manager said it was a possibility and that current global tensions made the prospect…
Industrials Up on Growth Hopes - Industrials Roundup
Shares of industrial and transportation companies rose as traders hedged their bets on the outlook for global economic growth. Lockheed Martin said it was making a multimillion-dollar investment to develop a modular system for delivering different…
Energy Up Alongside Oil Futures - Energy Roundup
Shares of energy companies rallied alongside oil futures. U.S.-traded futures gained $3.95 per barrel, or 5.1% to $82.13 as Iran demanded concessions from the U.S. before allowing the Strait of Hormuz to fully reopen. The United Arab Emirates'…
Manufacturing: How Tax Rates Drive Industry Growth And Success
David McGuire is a leading expert on cost segregation, fixed assets and depreciation law and a co-founder of McGuire Sponsel. Following the passage of the One Big Beautiful Bill Act (OBBBA), the Trump administration has introduced significant…
The Great Wealth Transfer Is Really A $28 Trillion Investment Story
Sea Cruise. Family Sitting On Yacht Deck Sailing Across The Sea On Summer Vacation. Panorama, Copy Space The Great Wealth Transfer is usually presented as a story about inheritance and spending. Baby boomers control an extraordinary amount of…
Towa Hi System 9-Mos Parent Net Y413.00M Vs Net Y340.00M
Towa Hi System Co. Ltd. (4172.TO) Japan Nine Months Ended June 30 PARENT 2026 2025 Revenue Y1.91 bln Y1.75 bln Operating Profit Y507.00 mln Y416.00 mln Pretax Profit Y620.00 mln Y510.00 mln Net Profit Y413.00 mln Y340.00 mln Per share Earnings…
Techno Mathematical Co 1Q Parent Loss Y50.00M Vs Loss Y73.00M
Techno Mathematical Co. Ltd. (3787.TO) Japan 1st Quarter Ended June 30 PARENT 2026 2025 Revenue Y95.00 mln Y97.00 mln Operating Profit (Y51.00 mln) (Y68.00 mln) Pretax Profit (Y49.00 mln) (Y73.00 mln) Net Profit (Y50.00 mln) (Y73.00 mln) Per share…
Utilities Up as Treasury Yields Give Back Some Gains - Utilities Roundup
Shares of power producers rose as Treasury yields gave back some of their gains ahead of key inflation data. The recent rally in long-term Treasury yields has taken its toll on the utilities sector. The utilities industry group of the broad S&P 500…
Anshin Guarantor Service 1Q Parent Loss Y94.00M Vs Loss Y29.00M
Anshin Guarantor Service Co. Ltd. (7183.TO) Japan 1st Quarter Ended June 30 PARENT 2026 2025 Revenue Y1.66 bln Y1.48 bln Operating Profit (Y175.00 mln) (Y83.00 mln) Pretax Profit (Y131.00 mln) (Y49.00 mln) Net Profit (Y94.00 mln) (Y29.00 mln) Per…
Materials Up on Inflation Data - Materials Roundup
Producers of metals, grains and other raw materials ticked up ahead of inflation data. Concerns about rising mortgage rates caused a six-month rally in lumber futures to stall. Lumber futures for September delivery shed more than 12% over roughly…
2026 50 Over 50: Investment
Lara Abrash leads the board of directors of Deloitte US, the nation's largest professional services organization, governing a firm of more than 180,000 professionals and over $30 billion in annual revenue. Elected to the role in 2023, she has…
Resorttrust 1Q Net Y5.47B Vs Net Y3.05B
Resorttrust Inc. (4681.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y61.26 bln Y52.80 bln Operating Profit Y8.12 bln Y4.55 bln Pretax Profit Y8.03 bln Y4.50 bln Net Profit Y5.47 bln Y3.05 bln Per share Earnings Y25.75 Y14.41 Results…
Uchiyama Holdings 1Q Net Y979.00M Vs Net Y191.00M
Uchiyama Holdings Co. Ltd. (6059.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y7.32 bln Y7.33 bln Operating Profit Y165.00 mln Y234.00 mln Pretax Profit Y377.00 mln Y273.00 mln Net Profit Y979.00 mln Y191.00 mln Per share Earnings…
Shikoku Chemicals 1H Net Y6.66B Vs Net Y3.73B
Shikoku Chemicals Corp. (4099.TO) Japan Half-Year Ended June 30 GROUP 2026 2025 Revenue Y45.84 bln Y34.17 bln Operating Profit Y9.44 bln Y5.25 bln Pretax Profit Y9.69 bln Y5.21 bln Net Profit Y6.66 bln Y3.73 bln Per share Earnings Y77.04 Y42.12…
Receive a Daily briefing on Wealth Management Industry News
Get Started