Managers of Wealth Americas

Bringing Charitable Fiduciaries Up to Speed

Too many are still focused on capital growth of foundations rather than their charitable purpose.

The world has a new centibillionaire – Mark Zuckerberg

Facebook hit a record high on optimism about the release of its TikTok competitor Reels, shooting Zuckerberg's net worth over $100 billion for the first time.

Remote client service has grown on most advisors, finds survey

Majority of professionals in poll plan to keep serving clients remotely until the end of 2020

Fascinating Examples Of How Blockchain Is Used In Insurance, Banking And Travel

It provides a useful and highly secure way of authenticating information, identities, transactions, and more – creating a super-secure record that can be updated in real-time.

Ex-Goldman veteran Marty Chavez: Virus will speed up tech takeover of Wall Street

The star exec, Latino and openly gay, was the architect of Goldman's shift to trading technology

BNY Mellon’s Slavin comments on the robustness of ETFs during the market volatility, and future trends

Slavin is in charge of the ETF business at BNY Mellon for all asset servicing for the ETF ecosystem that the bank supports, from custody, accounting, administration, liquidity, securities lending and foreign exchange, effectively the bank and middle offic

8 million Canadians rethinking retirement because of COVID-19: report

The survey was conducted over a period stretching from early May to early June, before the Canadian job market staged a strong bounceback from record-breaking job losses at the start of the pandemic.

Artificial Intelligence Will Never Be as Smart as Elon Musk

Even intelligent people can think stupid thoughts and say silly things, simply because they are smart.

Raymond James gains 5 ex-Merrill Lynch advisors who managed $515M

All three spent the last decade with Merrill Lynch.

Robo-Advisors Thrived Amid the Covid-19 Volatility. Here’s Barron’s Latest Robo Ranking.

Six months into a chaotic year, a typical moderately aggressive robo-advisor account was down just 2.9%, according to data from Backend Benchmarking, a Martinsville, N.J.–based firm that follows the robo industry.

Policymakers still Needed

Developed market equities returned 4.7% underperforming emerging markets which were up 8.4% led by that strong performance from China.

What pandemic? World's wealthiest family gets US$1 billion richer every 2 weeks

Switzerland's Oeri-Hoffmann dynasty added 24 per cent to its net worth with Roche shares boosted by sales of Covid-19 tests.

What Can Traditional Private Banks & Wealth Managers Learn From Neobanks, Wealthtech Startups?

As more and more of these new generation players appear across the globe, they are slowly chipping away at incumbent banks' market share, and not only in the mass banking and unbanked categories.

Women as the next wave of growth in US wealth management

As part of recent McKinsey research on affluent consumers, we surveyed over 10,000 affluent investors, nearly 3,000 of them female financial decision makers.

The latest trend among wealthy American travelers? Buying another country’s citizenship.

The price tag for these services varies, ranging from $100,000 for some Caribbean options to more than $2 million for European ones.

Where Is All That Gold Being Stored?

A multitude of options, from burying in the backyard to posh steel-lined vaults.

How The World’s Next Generation Of Ultra-Wealthy Are Redefining What It Means To Give Back

They're also motivated by the value propositions behind sustainable and impact investment strategies, often driving such initiatives with their own or family businesses.

Citizens Survey Finds That COVID-19 May Permanently Change How Consumers and Businesses Bank

While the Shift to Digital is Accelerating, the Right Mix of Human Interaction and Technology Remains Critical

US direct lenders modify fee structures as private lending loses luster

Direct lending funds raised US$9bn in the second quarter of 2020, according to research firm Preqin, a decrease from US$11.9bn over the same time last year.

Unlock the Fiduciary Principles Inside You

More than a regulatory requirement, Reg BI offers an inflection point for lasting cultural change.

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