The California firm appointed George Stephan to the new position of Global COO of Wealth Management Alternatives.
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Regulators are intensifying their focus on two financial institutions with the potential for fines stretching into the billions of dollars.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.