Feed aggregator
Ameriprise Attracts Advisor with More Than $120 Million in Assets for Sophisticated Solutions and Financial Planning Capabilities
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Vince Abio has joined S&T Financial Services, a financial advisory practice within the Ameriprise Financial Institutions Group (AFIG) located in Chester, Pa. The 28-year industry veteran was previously with Merrill Lynch where he managed more than $120 million in client assets. Abio chose to join Ameriprise and S&T Financial Services, which provides advice and investment services
Best’s Market Segment Report: Improving U.S. Homeowners Results Challenged by January 2025 Wildfires
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Driven by California’s record-setting wildfires in January and tornado outbreaks across other regions, the U.S. homeowners’ insurance segment reported its worst first quarter loss ratio in five years, according to a new report from AM Best. The direct incurred loss ratio for the U.S. homeowners’ insurers spiked to 102.1% in the first quarter of 2025, which is thirty percentage points higher than any first quarter since 2021. A confluence of factors heightened the
Lido Advisors Completes Strategic Investment from HPS to Support Continued Growth
LOS ANGELES--(BUSINESS WIRE)--Lido Advisors (“Lido”), a leading wealth advisory firm with over $30 billion in regulatory assets under management, today announced the closing of its strategic investment from funds managed by HPS Investment Partners (“HPS”). HPS joins Lido’s existing investors Charlesbank Capital Partners (“Charlesbank”) and Constellation Wealth Capital (“CWC”), along with Lido’s more than 160 employee-owners, to support the firm’s continued growth and client-first mission. “Toda
FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $FTNT--FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm
Global Economic Uncertainty and Return-To-Office Mandates Are Growing Concerns for Employers, Finds HireRight’s Latest Annual Report
NASHVILLE--(BUSINESS WIRE)--HireRight’s 2025 Global Benchmark Report uncovers surprising new insights into workforce recruitment and retention challenges
Wingspire Equipment Finance Closes $70 Million Sale-Leaseback to Support U.S. Expansion for Global Paper Manufacturer
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance has completed a $70 million sale-leaseback finance structure in connection with two high-capacity paper machines for a leading U.S. manufacturer. Proceeds from the financing will be used by the company to execute on its expansion plans, underscoring its foreign parent company’s commitment to increasing market share in the highly competitive U.S. market. The tissue paper manufacturer has also made a shift in CapEx planning by proactive
AEG and American Express Expand Global Partnership, Growing More Than 20-Year Alliance Across Music, Sports, Ticketing and Live Entertainment
LOS ANGELES--(BUSINESS WIRE)--AEG and American Express renewed and expanded partnership across venues, festivals, touring, ticketing, sports with Amex as official payment partner
Haversine Funding Expands Leadership Team with Appointment of Farrah Vargas as Senior Director, Portfolio Management
DALLAS--(BUSINESS WIRE)--Haversine Funding, a leader in the commercial lender finance sector, is proud to announce that Farrah Vargas has joined the firm as Senior Director, Portfolio Management, effective this August. In this key leadership role, Vargas will oversee portfolio strategy and performance while also working closely with factors and commercial lenders to identify growth opportunities, streamline operations, and add measurable value across our ecosystem. Farrah brings nearly 20 years
MissionSquare announces firm’s largest reduction in fund costs, providing investors with greater long-term investment value
WASHINGTON--(BUSINESS WIRE)--MissionSquare announced today plans to lower its investment costs across a broad range of the firm’s equity and target-date funds, providing an opportunity for more impactful financial outcomes for plan participants investing within their long-term retirement portfolios. Through the initiative, the firm will reduce the overall MissionSquare fund expense ratios by as much as 45%.1 "At MissionSquare, our customers remain at the center of all that we do, which is why w
Figure Technology Solutions Announces Key Additions to Legal and Compliance Team
NEW YORK--(BUSINESS WIRE)--Figure Technology Solutions (“Figure”), a technology platform powering an efficient, liquid, blockchain-based marketplace for financial products, today announced the appointment of two new key legal and compliance executives. Christie Comerford joined as Senior Legal Counsel, Contracts and Litigation, and Deirdre Reilly joined as Vice President of Compliance. Comerford brings almost 30 years of experience in complex transactions and commercial litigation, whereas Reil
Translucent AI Raises $7M to Launch an AI Financial Analyst built for Healthcare Operators
NEW YORK--(BUSINESS WIRE)--Translucent AI, the AI-powered financial platform designed exclusively for healthcare operators, today announced a $7 million oversubscribed seed round from NEA, Virtue, FPV and Redesign Health. As the economics of healthcare become more challenging, an increasing number of provider organizations are operating at a loss. Translucent was founded in 2024 to address this challenge by meeting the extensive and complex support needs of finance teams. Built specifically aro
Andersen Consulting Announces Collaboration Agreement with Virtual, Inc.
SAN FRANCISCO--(BUSINESS WIRE)-- #AndersenConsulting--Andersen Consulting announces a Collaboration Agreement with Virtual, Inc., a U.S.-based firm.
Dynatrace Named a Leader and an Outperformer in 2025 GigaOm Radar Report for Kubernetes Observability
BOSTON--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leading AI-powered observability platform, has been named a Leader and an Outperformer in the 2025 GigaOm Radar Report for Kubernetes Observability. GigaOm evaluated 23 of the top Kubernetes observability solutions based on a range of criteria, including scalability, ease of use, compliance and governance, cost, ecosystem and flexibility. Dynatrace’s positioning as a Leader and an Outperformer affirms its ability to provide customers with scala
First Trust Launches First Trust RBA Deglobalization ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust RBA Deglobalization ETF (Nasdaq: DGLO) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the RBA U.S. Deglobalization Index (the “index”). The global economy is undergoing a significant transformation as c
IntelePeer Achieves ISO/IEC 42001 Certification, Underscoring Its Commitment to Secure, Ethical, and Transparent AI Practices
DANIA BEACH, Fla.--(BUSINESS WIRE)--IntelePeer, a leading, end-to-end conversational AI platform provider, today announced it has achieved ISO/IEC 42001 certification, placing the company among a select group of organizations that have met the rigorous criteria and earned compliance with the world’s first international standard for AI management systems. This certification demonstrates IntelePeer's commitment to managing its AI-powered service offerings responsibly, ethically, and transparently
Oblong Deploys $8M in Fully Staked $TAO to Capitalize on Decentralized AI Surge
DENVER--(BUSINESS WIRE)--Oblong (Nasdaq: OBLG), leading the charge in innovative treasury strategies, today announces it has now invested $8 million in Bittensor ($TAO), fully staked with a trusted main validator. This bold move underscores Oblong’s unwavering belief in decentralized and distributed AI as a game-changer, enabling global innovators to build open-source intelligence without centralized gatekeepers. In Bittensor, staking means putting $TAO to work to support the network’s operatio
New Wolters Kluwer tools help medical researchers accelerate the path to publication
WALTHAM, Mass.--(BUSINESS WIRE)--The path to publication for medical researchers can be a long process, in which scholars seek to maximize the profile of their research with global accessibility, increased downloads, and higher citations. To help broaden readership and amplify authors’ influence within the health research community, Wolters Kluwer Health announces the introduction of Lippincott Author Portal and Journal Recommender, key tools to boost the effectiveness and reach of new research
Bonaventure Bolsters Executive Team with Strategic Appointments of Mike Auerbach and Barrett Lowell
ALEXANDRIA, Va.--(BUSINESS WIRE)--Bonaventure, a vertically integrated multifamily real estate investment firm with $2.6 billion in assets under management (AUM), announced two strategic additions to its executive leadership team. Mike Auerbach joined as Chief Growth Officer, overseeing Bonaventure's tax equity initiatives, and Barrett Lowell joined as Head of Asset Management, focused on the strategic oversight and growth of the broader portfolio. Mike Auerbach brings extensive experience in t
Thryv Announces Flagship Small Business Conference: Grow 2025
DALLAS--(BUSINESS WIRE)--Small business owners and entrepreneurs, mark your calendars! Grow 2025, the premier conference for small business growth, is now open for registration. Attendees will get a three-step framework to become the go-to business in their market, convert more leads into sales and maximize their growth. Presented by Thryv (NASDAQ: THRY), the leading small business marketing and sales platform, the conference will take place October 16-17 in Scottsdale, Arizona. Headlined by Ba
ResultsCX Earns Industry Honors Across Cybersecurity, Leadership, Culture, and Innovation
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--ResultsCX, a provider of Customer Experience Management (CXM) services to leading global companies including Fortune 100 and 500 firms, today announced a new wave of prestigious accolades spanning cybersecurity, leadership, workplace culture, women’s advancement, and technology. Recent wins from the Fortress Cybersecurity Awards and Stevie® Awards spotlight the company’s deep focus on people, protection, and performance and extend its award-winning streak