JPMorgan taps Dwyane Wade, Tom Brady in athlete wealth management push

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Ally Love, Dwyane Wade, JPMorgan Wealth Management CEO Kristen Lemkau, Tom Brady, A’ja Wilson and Megan Rapinoe during the JPMorganChase Athlete Council meeting on March 18, 2026. Shawn McMillan | CNBC JPMorgan Chase has recruited some of the biggest names in American sports to help tackle a persistent problem: professional athletes going broke. The bank […]


Private equity management fees hit new low in 2025

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A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City.  Angela Weiss | AFP | Getty Images A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds […]


Alphabet-backed fleet management software company Motive files for IPO

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Direxion signage at the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. The holiday-shortened week started with gains in stocks amid a broad advance that saw a continuation of the bullish momentum on Wall Street. Michael Nagle | Bloomberg | Getty Images Motive, a company with software for managing […]


Goldman Sachs acquires ETF firm Innovator Capital Management for $2 billion

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David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the […]


Elliott Management takes $4B stake in PepsiCo

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Elliott Investment Management has taken a $4 billion stake in PepsiCo as the activist hedge fund led by billionaire Paul Singer presses for changes to boost the company’s stock price. The Wall Street Journal first broke the news on Tuesday of Elliott’s position, now one of the soda maker’s biggest-ever investors, that helped lift shares […]