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Credential | January 28, 2016

On Jan. 26, Credential launched its OnPoint fee-based account, which will be available to advisors in credit unions who are licensed by the Mutual Fund Dealers Association (MFDA). Credential says the account will give clients access to "a select group of premier mutual funds" which will be delivered with a single, transparent fee for advice. According to the Credential web site, OnPoint will also offer portfolio models and enhanced research options, as well as comprehensive reporting o...

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...

Lambert, Casteel Schoenborn | January 14, 2020

Lambert & Co., a top-10 investor relations firm and a top-5 private equity communications agency nationally, today announced the acquisition of Casteel Schoenborn Investor Relations & Corporate Communications. The deal marks Lambert's seventh transaction and second in the last two months. The transaction advances Lambert's strategy to be the nation's leading integrated investor relations and public relations firm for emerging and established market leaders through...