UBS Says Wealthy Clients Cool on Private Credit

Published on April 29, 2026

CFO Todd Tuckner notes measured interest as investors prioritize liquidity over alternative assets amid economic uncertainty and AI disruption concerns.

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People Moves: Janney Adds Two FNB Advisors, Alaris Hires M&A Vet

April 29, 2026
In addition, Mercer hires McKinsey’s Jimmy Zhao to lead M&A and corporate partnerships, and $500M RIA Lansing Street expands its management team.

Corient Plans to Enter Canada Via Parent CI Financial’s Wealth Firms

April 29, 2026
Corient, originally CI Financial’s U.S.-based RIA aggregator, is set to continue its international expansion with an agreement to launch in Canada via its parent firm’s Canadian wealth practices.