Wealth and Asset Management
Edward Jones to Buy Natixis Portfolio ‘Overlay’ Business in High-Net-Worth Push
Edward Jones is buying Natixis Investment Managers’ “overlay” business in an effort to bring in-house more portfolio management services for advisory accounts, according to an announcement on Monday. Terms of the deal, which is expected to close later this year, were not disclosed. Overlay services, which Edward Jones currently outsources…
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