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Fidelity posted an ad searching for a replacement Chief Privacy Officer on Monday, less than a week after the firm’s data breach impacted over 77,000 clients. ow.ly/BGBK50TOyVk

Goldman Sachs Asset Management, GeoWealth Team up to Customize Model Portfolios for RIAs ow.ly/Yqav50TUq6n

SEC Chair Gensler to resign in January fundfire.com/c/4693284/6273…

Asset managers are trying to increase their reach with financial advisors, but some fall short when it comes to the quality of their outreach and services offered. ow.ly/XT6v50UnFET

PGIM currently has three semi-liquid alts products for its wealth clients and is looking to add additional strategies. ow.ly/cwbv50V6eyc

Merrill Lynch is on the hunt for fresh separately managed account and alternative investment strategies. ow.ly/wHl150Voc29

BNY’s newest models allow advisors to pick from preset funds and provide automatic rebalancing. ow.ly/VW1k50VLmBK

CEO compensation soared in 2024 as firms tied pay to performance, widening the gap between what top executives and median employees bring home. ow.ly/5rt250VLXkh

Alts firms trailed traditional manager rivals in a survey of brand familiarity, favorability and trustworthiness, but Blackstone and Blue Owl punched above their weight. ow.ly/Uf0O50VM9uK

T. Rowe continues to see persistent outflows and expects a decline in market-related expenses. ow.ly/WfVi50VMZvb

Merrill Lynch revived its triennial advisor education symposium in 2024, marking the first time it held the event since the pandemic. ow.ly/ylwt50VNNAE

UBS and General Atlantic are forming a partnership to make investments in private credit. ow.ly/guA450VOvHH

Morningstar will start rating interval funds, BDCs and more next quarter, but some question if its scoring may favor lower-fee or “benchmark-hugging” products. ow.ly/m9lC50VORFn

“Even if you're really, really good, the chances are your bonus is not going to be as high as it has been in the past,” one recruiter told FundFire. ow.ly/hLlo50VPnOo

Northern Trust Asset Management has named two global CIOs to replace its retiring investment chief. ow.ly/33TR50VQ1z1

Marblegate Asset Management’s CIO warned of troubling dynamics in the wider market of private equity sponsor-backed companies and other borrowers at a Milken forum this week. ow.ly/UTHT50VQfjB

JP Morgan has lowered fees for overlay services on its unified managed account program. Learn more: ow.ly/4Lhb50VR3hZ

Facing funding cuts and a private markets drag, elite university endowments will likely follow Harvard and Yale in exploring secondary sales to raise liquidity. ow.ly/sQ6l50VRPa7

Citi will outsource the operations and infrastructure of Citi Global Alternatives to iCapital. ow.ly/77tU50VSBfy

Empower will also work with Neuberger, Pimco, Sagard, and Partners Group as it adds private equity, private debt and real estate via CIT vehicles. ow.ly/6Cm150VSOqR