According to a study released in March 2026 by PwC, global assets under management (AUM) are projected to surge from $139 trillion today to $200 trillion by 2030, yet the asset and wealth management industry confronts a stark profitability paradox that threatens conventional business models. Despite this massive growth opportunity, profit margins continue their downward spiral. Profit as a share of assets under management has plummeted 19% since 2018

Mercer, a leading financial services company and a subsidiary of Marsh McLennan, has announced the appointment of Susan Potter as the new Region President for the United States and Canada, effective January 22. This strategic promotion follows her successful tenure as Chief Commercial Officer since 2019. Potter’s promotion to this pivotal role comes at a time when Mercer is expanding its horizons, most notably with the planned acquisition of

In a significant turn of events, Cigna Group has ceased its efforts to merge with fellow health-insurance provider Humana. Initially poised to form a colossal entity valued at approximately $140 billion, the deal’s dissolution arose primarily due to disagreements over financial terms. Despite prior discussions hinting at a possible closure by year’s end, the proposed cash-and-stock transaction faced skepticism, particularly concerning the use of Cigna’s stock as a part