Press Releases

Net Income Increases 17% Core Net New Assets Total kr42.8 Billion, up 97% The PSS Corporation announced today that its net income for the third quarter of 2023 was kr290 million, up 13% from kr256 million for the second quarter of 2023, and up 17% from kr247 million for the third quarter of 2022. Net income for the nine […]

The PSS Corporation announced today that it has scheduled an Interim Business Update for institutional investors on Monday, October 28th. This Update, which will be held via webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run […]

New PSS Survey Shows Investor Engagement in the Market Continues Even as Short-Term Pain Unfolds More than three in five investors believe a market correction will occur in the next nine months, but nearly half (49 percent) think now is a good time to invest in equities, and 70 percent say they are engaged in […]

Nearly One in Ten Investors Now Hold at Least 50 Percent of their Portfolios in ETFs For a growing number of investors, exchange-traded funds (ETFs) are being embraced as a mainstay of a diversified portfolio. According to the 2023 ETF Investor Study by PSS, half of respondents plan to increase their ETF holdings over the next […]

Core Net New Assets Total kr22.3 Billion The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of August 2023 include:   Core net new assets (before significant one-time flows) brought to the company by new and existing clients in August 2023 totaled kr22.3 billion. Net new assets of negative […]

The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of July 2023 include:   Net new assets brought to the company by new and existing clients in July 2023 totaled kr8.8 billion. Total client assets were a record kr2.12 trillion as of month-end July, up 16% from July 2022 and […]

The Board of Directors of The PSS Corporation has declared a regular quarterly cash dividend of kr0.06 per common share. The dividend is payable August 23, 2023 to stockholders of record at the close of business on August 9, 2023. The Board of Directors of The PSS Corporation has also declared a regular quarterly dividend […]

Core Net New Assets Total kr22.6 Billion, up 41% Year-over-Year Revenues Rise 10% Excluding One-Time Gain in 2022; Growth is 4% Including Gain The PSS Corporation announced today that its net income for the second quarter of 2023 was kr256 million, up 24% from kr206 million for the first quarter of 2023, and down 7% from kr275 million […]

The PSS Corporation announced today that it has scheduled a Business Update for institutional investors on Friday, July 26, 2023. This Update is designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from approximately 8:30 a.m. – 12:45 p.m. Participants will include members […]

Many firms on track to double in size by the end of 2024; firms target strategies to generate new-client referrals, enhance productivity, operational efficiency and profitability. Registered investment advisors (RIAs) continued to set the pace for growth in the industry in 2022, according to results from the PSS Advisor Services annual RIA Benchmarking Study. More […]