Memphis-based Waddell & Associates merged with Coastal Bridge Advisors and One Charles Private Wealth to form a combined firm with more than $10 billion under management.

Memphis Business Journal's 2026 Book of Lists finds 727 employers and 262,053 local jobs, with FedEx still topping the roster.

FedEx will sell its Supply Chain arm to CMA CGM for $1.4B, folding roughly 10,000 employees into CEVA Logistics and expanding CEVA’s North American footprint.