Mortgage Blog

Information was obtained from firm representatives. Information on The List was supplied by individual companies through questionnaires and could not be independently verified by the Houston Business Journal. Only those that responded to our inquiries were listed. In case of ties, companies are listed alphabetically. Firms that qualified are money management firms in the Houston area that principally manage institutional accounts. Money management is the process of budgeting, saving, investing, spending or otherwise overseeing the capital usage of an individual or group. Money management can also be referred to as “investment management” and “portfolio management.

The investment in Strategic Solutions for Business, or SSB, adds to Strattam Capital's portfolio of small but profitable SaaS companies. SSB counts half of the National Football League teams among its clients.

The next new board member at San Antonio-based Cullen/Frost Bankers Inc. (NYSE: CFR) may be a prominent Houston attorney if shareholders approve the board of directors' suggestion.

Jarvis Hollingsworth, partner at Houston law firm Bracewell LLP, was nominated to to the board of the financial institution this week.

Hollingsworth is also the chairman of the board of trustees for the Teacher Retirement System of Texas, which is the sixth-largest public pension trust with nearly $147 billion in assets.…

The mutual fund business continues losing assets as investors move massive amounts of money into lower-cost, passively managed index funds, but Buffalo Funds sees this as a trend that eventually will face a hard day of reckoning.

Based in Mission and founded in 1994 by John Kornitzer, Buffalo Funds is a series of 10 actively managed mutual funds. The shift toward passive investing the past few years has caused its assets under management drop from a peak of about $8 billion to about $4 billion…

California Treasurer and gubernatorial candidate John Chiang turned up the heat on Wells Fargo CEO Tim Sloan, calling for the long-time veteran of the bank to resign.

Chiang sought Sloan’s resignation in a letter sent to the bank March 1 after Wells (NYSE: WFC) said four directors are retiring at this year's annual meeting in April.

The retiring directors include three that Chiang had wanted off the board: Dignity Health CEO Lloyd Dean, Enrique Hernandez Jr., chairman and CEO of Inter-Con Security…

More than $2.5 million is going to two New Mexico-based nonprofits.

On Thursday, Birmingham, Alabama-based BBVA Compass gathered clients and other leaders from Homewise Inc. and the New Mexico Community Development Loan Fund to announce it was going to invest $2.8 million to the two organizations.

Homewise will receive $2.3 million, while The Loan Fund will get $500,000. According to BBVA spokeswoman Kimberly Tabor, Homewise plans to use the funds to offer more people a path to homeownership,…

Equifax Inc. (NYSE: EFX) said Thursday that its 2017 cybersecurity breach affected an additional 2.4 million U.S. consumers that had not been previously identified.

Equifax said the company has confirmed the identities of U.S. consumers whose partial driver's license information was taken.

“Through these additional efforts, Equifax was able to identify approximately 2.4 million U.S. consumers whose names and partial driver's license information were stolen, but who were not in the previously…

The Weinstein Co.’s woes are growing more costly.

American Express has filed a lawsuit against the film production company, alleging it is owed more than a million dollars.

The Weinstein Co. has not paid the $1.4 million balance on its account, per the lawsuit filed in New York and obtained by Variety. New York-based American Express (NYSE: AXP) suspended the troubled company’s privileges and, in addition to the unpaid balance, is seeking court costs and an award for unjust enrichment.

“American…

The private equity giant Carlyle has acquired a stake in Boston-based CFGI.