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Capital Group announces appointment of new Chief Information Officer. Aug 26, 2026, 15:00 ET Guillermo Veiga joins in November from Standard Chartered Bank in Singapore LOS ANGELES, Aug. 26, 2026 /CNW/ - Capital Group, the world's largest global active investment manager, announced the appointment of Guillermo Veiga as Chief Information Officer. He will join the company in November, succeeding Marta Zarraga, who will retire at the end of the year. Guillermo will relocate to California from Singapore, where he currently serves as Group Chief Information and Operations Officer at Standard Chartered Bank. "Technology, data and AI play an increasingly important role in how we deliver investment excellence, serve clients globally and scale our business," said Rob Klausner, Chief Operating Officer, Capital Group. "Guillermo brings a rare combination of deep technology expertise, operational leadership and global transformation experience. His track record leading large, complex organizations makes him the right leader to help advance Capital's long-term strategy and position us for the opportunities ahead." Born in Uruguay and raised in Spain, Guillermo began his career as a hands-on technologist and has held senior leadership roles across Europe and Asia at Amazon Web Services, Cisco and Banco Santander, pairing deep technical fluency with strong operating experience. "I was drawn by Capital Group's long-term commitment to its people and culture paired with its client-centric mindset," said Guillermo. "Capital is on the cutting edge of technology, and the opportunity to help lead during a period of global expansion for the company, amid the growing ability of data and AI to transform ways of working, is exciting." About Capital Group As Capital Group approaches its 100th anniversary in 2031, its long-term strategy remains firmly rooted in its mission to improve people's lives through successful investing. With over 9,000 associates and 34 offices around the world, Capital Group manages $3.6 trillion in assets for millions of wealth management and institutional clients around the world*. *As of June 30, 2026. SOURCE THE CAPITAL GROUP COMPANIES, INC.

RIA Edge Podcast: connecting workplace retirement and wealth planning with Ralph Haberli. Edelman Financial Engines' Ralph Haberli discusses converting retirement plan participants into wealth clients while using AI to scale personalized advice. David Armstrong, Executive Director, Content and User Engagement at Wealth Management, Informa August 25, 2026 In this episode of the RIA Edge Podcast, host David Armstrong speaks with Ralph Haberli, CEO of Edelman Financial Engines, about how the firm connects workplace retirement relationships with broader wealth planning and continues to grow at scale. Ralph shares how retirement plan participants can develop into long-term planning clients, why the firm has made planner ownership a priority, and how recruiting and M&A fit into its growth strategy. He also explains how Edelman Financial Engines is using technology and AI to support planners, while keeping client relationships and human advice at the center of the business. Ralph discusses: * How the firm is bridging the gap between workplace retirement plans and individual wealth management services, and why he thinks there is still plenty of opportunity in the convergence of the two * His perspective on growth and scale, and how planner equity plays an important role when balancing a consistent service experience with an entrepreneurial culture * Where Edelman Financial Engines sees its next phase of growth * What the firm is doing with AI and technology, particularly in filling the advice gaps that leave some mass-affluent investors underserved Resources: Connect With David Armstrong: Connect With Ralph Haberli: About Its Guest: As Chief Executive Officer and President, Ralph Haberli is shaping Edelman Financial Engines' long-term vision and growth strategy, with a commitment to making financial advice more accessible, personal, and impactful for individuals at every stage of their financial journey. He joined EFE as President in July 2025 and was appointed CEO in November 2025. Before joining EFE, Ralph served as President of the Institutional & Retirement Client Group at Capital Group, where he led a period of significant growth, overseeing the implementation of an expansive set of new and improved client-facing products and solutions. Previously, he held senior roles at BlackRock across various client businesses, iShares, and Corporate Strategy. He began his career at Boston Consulting Group advising top financial institutions in the U.S and Europe. He holds a master's degree in business administration from Northwestern University's Kellogg School of Management and a bachelor's degree in history from Yale University. Executive Director, Content and User Engagement at Wealth Management, Informa David Armstrong serves as the Director of Editorial Strategy & Operations at Wealth Management, the leading digital resource for financial advisors and wealth management professionals. With over two decades of distinguished business journalism experience, including 10 years at Forbes magazine, Armstrong brings unparalleled expertise to the wealth management industry. His impressive career spans roles at prestigious organizations including Foxnews.com and McGraw-Hill, where he honed his skills in financial reporting and analysis. A graduate of the University of Wisconsin-Madison, Armstrong leads Wealth Management's editorial direction, ensuring delivery of authoritative, timely, and actionable insights that help financial professionals grow their practices and better serve their clients.

Capital Group to invest $38M in Midtown Manhattan expansion, add 200 jobs. Capital Group is expanding its Midtown Manhattan office footprint at 345 Park Avenue with a roughly $38 million investment expected to create 200 jobs, backed by up to $3 million in New York state tax credits. Capital Group, one of the world's largest active asset managers, is expanding its footprint in Midtown Manhattan with a roughly $38 million capital investment expected to create 200 new full-time jobs over five years, New York Gov. Kathy Hochul's office announced Aug. 11. The state announcement said Capital Group will add roughly 50,000 square feet of leased office space at 345 Park Avenue, a Rudin Management-owned tower, to accommodate its growth. New York State is granting the company up to $3 million in tax credits through the Excelsior Jobs Program to support the expansion. "New York continues to attract world-class financial services firms because of our unmatched talent, infrastructure and business ecosystem," Hochul said in the announcement. Hope Knight, president and CEO of Empire State Development, the state's economic development arm that administers the Excelsior program, said the investment "reinforces that momentum by creating hundreds of high-paying jobs and investing in additional office space in Manhattan." A deepening New York presence. Capital Group currently employs about 350 people across New York State, according to the governor's office. The firm, which manages $3.6 trillion in assets and employs more than 9,000 people across 34 offices worldwide, is approaching its 100th anniversary in 2031. Matt O'Connor, who leads Capital Group's North America client group, was quoted in the state's release: "This investment reflects our conviction that strong, human-centered partnerships matter, and that now is the right time to lean into one of our greatest strengths." The Excelsior Jobs Program, which the state is using to help fund the expansion, offers tax credits to companies in targeted industries - including financial services - that commit to job creation and investment thresholds in New York. Companies earn the credits over a benchmark period tied to actual job creation and investment, rather than receiving them upfront, meaning Capital Group's full $3 million credit is contingent on it following through on the 200-job, $38 million commitment over the coming years. 345 Park Avenue is one of several large Midtown towers Rudin Management has owned and managed for decades as part of its broader Park Avenue office portfolio. The building sits in the heart of Manhattan's financial-services office corridor, within blocks of other major asset managers, banks and insurers. What it means. The expansion adds to a run of large financial-sector commitments to Manhattan office space this year, arriving as Manhattan office leasing volume jumped 28% year over year in July, according to Colliers, with availability falling to its lowest level since September 2020. It also follows continued investor appetite for well-located Park Avenue office towers, including Vornado's recent move to buy into a $1.1 billion Park Avenue office plaza. The governor's release confirms the $38 million investment, the 200-job target and roughly 50,000 square feet of additional leased space as the state-verified terms of the deal. RealtyWire could not independently confirm additional lease specifics, such as exact floor count or lease term, that have circulated elsewhere; those details should be treated as unconfirmed pending a direct statement from Capital Group or Rudin Management. New York has leaned heavily on state incentive programs like Excelsior in recent years to compete with lower-tax states for financial-sector jobs, arguing that access to talent and infrastructure outweighs the cost advantages some firms find in Texas, Florida or Tennessee. Capital Group's decision to grow rather than relocate its New York presence - even as it also builds out hub offices elsewhere, including Los Angeles and Charlotte - offers the state a data point in that ongoing competition, though it does not resolve the broader debate over corporate relocation trends nationally.