Online financial planning venture launches beta version

Franklin company targeting millennials, young families, looking to raise another $700K+
Mar 5, 2014 1:46 PM

In Charge '14: Banking & Finance

Mar 2, 2014 1:59 PM

NY hedge fund steps big into Brookdale

The managers of a New York hedge fund appear to really like Brookdale Senior Living's planned acquisition of rival Emeritus. Senator Investment Group this week said it owned more than 6.2 million shares of Brentwood-based Brookdale as of Monday. That's up from exactly zero on Dec. 31. With event-driven theses a part of Senator's strategy, it's more than likely all those shares were acquired on the heels of the Emeritus news. Even better: Senator already is sitting on a paper profit of more than $8.5 million since Brookdale shares (Ticker: BKD) are up more than 4 percent since the close of Monday's trading.

Senator, which was founded in 2008 with backing from Blackstone, two and half years ago declared a 5 percent stake in Vanguard Health Systems. Since then, its assets under management have grown nicely from $2.3 billion to more than $8.7 billion.

Feb 28, 2014 7:13 AM

Money manager adds to big Healthways stake

Prudential unit now owns more than 15% of disease manager facing hedge fund challenge
Feb 12, 2014 12:35 PM

Local companies get slew of new 5% owners

Two big names disclose stakes in Brookdale; others have been buying Kirkland's, Healthcare Realty and Clarcor
Feb 12, 2014 7:03 AM

Wealth Access raises $1.5M, looks for more

Investment management dashboard adds local big names to board
Feb 12, 2014 6:22 AM

Diversified Trust streamlines back-office providers

Regional investment management firm Diversified Trust has chosen Florida-based FIS to handle its back-office needs, including data aggregation and asset reporting, and BMO Global Asset Management to handle its custody and trading information. Diversified, which oversees $5 billion in assets for its clients, had been using a variety of other vendors.

“We pride ourselves on the level of personal service we offer our clients,” said John Seckman, the Nashville-based president and COO of Diversified. “Partnering with FIS and BMO Global Asset Management allows us to focus more completely on our clients’ needs while remaining secure in the knowledge that we are fully compliant with all financial regulations.”

Feb 7, 2014 1:02 PM

KC financial planning firm opens Brentwood outpost

Fast-growing company picks Peachtree planner to run office
Feb 6, 2014 2:34 PM

Argent Trust names Jones VP

Argent Trust Co. has named Matthew Jones vice president and financial advisor. Jones will serve Argent’s high-net-worth clients providing trust, investment, estate and family office services. He will work with Howard Safer in the company’s Nashville office.

Jones started his career as a financial advisor at Ameriprise Financial. In 2009, he was employed by Charles Schwab & Co. in its active trading division and was promoted to vice president and financial consultant in its Nashville office. 

Argent Trust Co. is a subsidiary of Argent Financial Group Inc. 

Feb 5, 2014 7:01 AM

Kraft adds veteran wealth advisor

Former U.S. Trust official to serve as senior manager
Feb 4, 2014 11:07 AM