Asset Management

CPP Investments Reports Net Assets Of $777.5 Billion As Second Quarter Fiscal 2026 Earnings Rise

By Amit Chowdhry ● Nov 17, 2025

The Canada Pension Plan Investment Board reported another intense period of performance, with net assets reaching $777.5 billion at the end of the second quarter of fiscal 2026. This represents a quarterly increase of $45.8 billion, compared to $731.7 billion in the previous quarter. The results were primarily driven by $39.8 billion in net income, supported by an additional $6 billion in net transfers from the Canada Pension Plan. The Fund also generated a 10-year annualized net return of 8.8% and recorded a quarterly net return of 5.4%.

Morgan Stanley Investment Management Launches New ELTIF To Expand Access To Global Private Markets

By Amit Chowdhry ● Nov 17, 2025

Morgan Stanley Investment Management has introduced the Morgan Stanley Private Markets ELTIF, a new vehicle designed to expand investor access to diversified private market opportunities across Europe, the United States, and Asia. The launch marks a significant expansion of the firm’s private markets offering, leveraging the capabilities of its Portfolio Solutions Group.

Lili Expands FDIC Insurance To $3 Million And Raises High-Yield Business Savings Rate To 4% APY

By Amit Chowdhry ● Nov 17, 2025

Lili, a New York-based SMB banking platform, has significantly expanded its financial protections and savings options for business customers by increasing its FDIC insurance coverage to $3 million through its partner bank, Sunrise Bank, while also introducing a new tiered high-yield structure that boosts the APY on higher balances to 4.00%. The upgraded insurance level represents a significant jump from its previous $250,000 offering and provides business owners with twelve times the national standard coverage.

PFG Selects United Planners As New Broker-Dealer In Strategic Move

By Amit Chowdhry ● Nov 16, 2025

PFG, a Phoenix-based wealth-management services firm overseeing nearly $5 billion in assets under administration, has selected United Planners Financial Services as its new broker-dealer, marking a significant shift as the firm transitions away from Osaic. The move affects more than 80 financial advisors and over 20 bank and credit union partners, reflecting approximately 90% retention of advisors, assets, and revenue.

71 West Capital Partners Launches As An Independent RIA

By Amit Chowdhry ● Nov 16, 2025

71 West Capital Partners has officially launched as a full-service registered investment advisor following the departure of longtime UBS Financial Services executives Denis Cleary and Greg Devine. The new firm, headquartered in Boston with a second office in Los Angeles, marks a significant move within the wealth management sector as the co-founders leverage independence to expand capabilities for ultra-high-net-worth clients across the United States.

S2G Investments: Grant Leslie Appointed As Operating Partner For Government And Policy

By Amit Chowdhry ● Nov 14, 2025

S2G Investments has named longtime policy strategist Grant Leslie as Operating Partner for Government and Policy in a move that strengthens the firm’s ability to support companies operating in some of the nation’s most regulation-intensive markets.

StepStone Private Wealth Solutions Launches New $750 Million Evergreen Private Equity Fund

By Amit Chowdhry ● Nov 14, 2025

StepStone Group has introduced its newest private markets investment vehicle with the launch of the StepStone Private Equity Strategies Fund. This evergreen interval fund has already attracted more than $750 million since its debut in September.

Levitt Capital Management: Interview With Founder & CIO Robert Levitt About Serving American Expats in Europe

By Amit Chowdhry ● Nov 14, 2025

Levitt Capital Management is a wealth management firm based in Nice, France, specializing in tailored financial solutions for Americans living in Europe. Pulse 2.0 interviewed founder and Chief Investment Officer Robert Levitt to learn more about how he leverages his extensive knowledge of the international landscape to provide personalized service that helps clients achieve their financial goals while ensuring compliance with both U.S. and local regulations.

Mercer Advisors Expands Southern California Presence With Acquisition Of Beach Freeman Lim And Cleland

By Amit Chowdhry ● Nov 14, 2025

Mercer Advisors has strengthened its tax capabilities and broadened its Southern California footprint with the acquisition of Beach Freeman Lim and Cleland, a well-established tax firm serving high-net-worth individuals, families, and business owners across the region. The transaction expands Mercer Advisors’ integrated family office platform as demand for sophisticated tax planning and advisory services continues to grow.

Franklin Templeton Expands Benji Technology Platform To Canton Network

By Amit Chowdhry ● Nov 12, 2025

The Canton Network announced that Franklin Templeton’s Benji Technology Platform has expanded onto the Canton Blockchain, providing institutional clients with direct access to tokenized investment products. The collaboration strengthens Canton’s position as a leading blockchain network for regulated digital financial markets while enhancing liquidity and interoperability across institutions.

Lido Partners With Fountainhead Advisors To Expand National Wealth Management Footprint

By Amit Chowdhry ● Nov 11, 2025

Lido Advisors, a national wealth advisory firm managing over $38 billion in regulatory assets under management (RAUM), has announced its partnership with Fountainhead Advisors, an independent wealth management firm based in Warren, New Jersey. Fountainhead Advisors manages over $1.2 billion in RAUM and specializes in delivering bespoke wealth planning and investment strategies for high-net-worth clients.

Corastone Launches New Platform With Leading Institutions To Streamline Private Market Investing

By Amit Chowdhry ● Nov 11, 2025

Corastone has announced the launch of its private market investing platform (now live), featuring Apollo, Morgan Stanley, and a leading transfer agent providing integrated services. Franklin Templeton and KKR will join the platform next. The platform is designed to simplify access to private markets by connecting general partners, wealth managers, and fund administrators on a single digital infrastructure.

Citizens Private Bank Expands In Los Angeles With New Market Team

By Amit Chowdhry ● Nov 11, 2025

Citizens announced an expansion of its Private Bank in Southern California through the addition of a Los Angeles-based team and plans to open new private banking offices serving the Beverly Hills and South Bay communities. This move advances the bank’s strategy to deliver high-touch, holistic banking capabilities in regions with strong demand for customized financial services.

Citrin Cooperman Establishes First Nashville Office Through Addition Of KBFM Team

By Amit Chowdhry ● Nov 11, 2025

Citrin Cooperman Advisors announced the joining of partners and employees from KBFM, a Nashville-based business management and tax firm. The transaction marks Citrin Cooperman’s entry into the Nashville market and establishes its first physical office in the city. The move pushes the firm’s local headcount above 20 and reflects a long-term commitment to the region’s expanding economic landscape.

ICG: David Scudellari Appointed As Senior Advisor To Strengthen Canadian Client Partnerships

By Amit Chowdhry ● Nov 11, 2025

ICG announced the appointment of David Scudellari as Senior Advisor for Canada, as the global alternative asset manager continues to expand its client coverage across North America. Scudellari will be based in New York and report to Alan Isenberg, Global Head of Client Solutions. He will work closely with the Canada Client Solutions team, including Sunil Vaswani and Lauren Korosec, to deepen engagement with Canadian institutional investors.