SAN FRANCISCO, September 29, 2023--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that it has sold to a group of leading investors approximately $2 billion of private equity investments in certain Norwest Equity Partners (NEP) and Norwest Mezzanine Partners (NMP) funds. Wells Fargo was previously the sole institutional limited partner in these funds. The buyer group for Wells Fargo’s positions included AlpInvest Partners (a subsidiary of Carlyle), Atalaya Capital...

Indianapolis-based firms The Wellington Group and TrustWealth Strategies join forces with $750 million in combined assets managed. INDIANAPOLIS, September 26, 2023--(BUSINESS WIRE)--The Wellington Group and TrustWealth Strategies today announced an official merger to combine their leading wealth management firms, bringing together two established businesses with a combined $750 million in assets under management. The merger of The Wellington Group and TrustWealth Strategies closed earlier...

NEW YORK, September 15, 2023--(BUSINESS WIRE)--Rockefeller Global Family Office ("Rockefeller"), the wealth management division of Rockefeller Capital Management, today announced the addition of Decision Point Wealth Partners based in Wilmington, expanding the firm’s presence in North Carolina. Decision Point Wealth Partners is led by Managing Director and Private Advisor Chad Pearson and Senior Vice Presidents and Private Advisors Donis Smith and Paul Patterson. The six-person team also...

NEW YORK, September 14, 2023--(BUSINESS WIRE)--Braven, an early stage investment firm specializing in regulated industries, today announces its second innovation group, the Financial Services & Insurance Unit, focusing on digital transformation in finance, capital markets, banking, and insurance. Joel Herold joins the unit as Braven’s first Cobuild Partner to manage the development of Braven's portfolio investments and the incubation of companies within these sectors. "Insurance and financial...

Greenlight for Classrooms is now available for K-12 schools in all 50 states ATLANTA, September 21, 2023--(BUSINESS WIRE)--Greenlight® Financial Technology, Inc. ("Greenlight"), the fintech company on a mission to help parents raise financially smart kids, today announced the launch of Greenlight for Classrooms, a free, web-based personal finance library of interactive K-12 lessons and teaching materials mapped to state and national standards. Starting today, teachers nationwide can access...