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Bezos was promoted to head of development and director of customer service thereafter. He transitioned into the banking industry when he became a product manager at Bankers Trust from 1988 to 1990. He then joined D. E. Shaw & Co, a newly created hedge fund with a strong emphasis on mathematical modelling from 1990 until 1994. Bezos became D. E ...
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Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts , it has offices in London , Tokyo , Frankfurt , Sydney , and Singapore . [ 2 ]
Workplace - This service manages 401(k) accounts for 1.1 million clients across 7,000 companies as of November 2020. [32] The company is the largest provider of managed accounts in the United States, [ 33 ] and has more clients than any other independent financial advisor. [ 34 ]
In 2020, the company sold its student loan portfolio. [88] [89] In May 2021, the company sold its Canadian Direct Equipment Finance business to Toronto-Dominion Bank. [90] In 2021, the company sold its asset management division, Wells Fargo Asset Management (WFAM) to private equity firms GTCR and Reverence Capital Partners for $2.1 billion. [91]
The Charles Schwab Corporation [2] is an American multinational financial services company.It offers banking, commercial banking, investing and related services including consulting, and wealth management advisory services to both retail and institutional clients.
BlackRock, Inc. is an American multinational investment company.Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023. [1]