Managers of Wealth Americas

‘Please Tax Us’: Dozens Of Millionaires Urge Governments To Tax The Rich To Pay For Coronavirus Impact

It added that a “huge debt” is owed to frontline workers confronting the deadly virus at work each day.

US surpasses Asia Pacific for HNWI growth

There are approximately 183,000 ultra-HNWI in the world.

Are you getting the most out of your family office?

Managing significant wealth is like running a business with one big difference: your colleagues are also your family members.

Commentary: Don’t blame Covid-19 for public pension problems

Covid-19 is not the issue on the public pension problems

What Banking For The Unbanked Means For You

By definition, the unbanked are individuals that have no checking or savings accounts.

Reinvention Required: Five Steps That Asset Managers Should Take Now

The picture is even gloomier when you look at the last five years, with gross margins contracting by 31%.

Rapidly Changing Behaviours In 2020 Are Accelerating Consumer Embrace of Digital, Health, and Sustainability Trends, Says PwC

The survey results reveal that the pandemic and the ensuing social distancing measures put in place have led to fundamental changes in how consumers work, eat, communicate, and take care of their health.

The State Of M&A Activity In The Wealth Management Industry

The average assets under management of a firm acquired during the quarter was just over $1.5 billion – the largest levels since ECHELON Partners began tracking this data in 2014.

THE Broadridge Next-Gen Technology Pulse Survey

How financial services firms globally are adapting to the new digital-first environment.

What the Changing World of Work Means for Your Retirement

According to the study, only 34% of workers envision immediately stopping work and entering retirement.

Covid-19: Bank of America temporarily shutters 50 branches in Central Florida

The branches will reopen on a case-by-case basis, he said.

Vontobel AM teams up with NY firm to launch fund

New York Firm Launch fund

Gold Funds Underpin Pandemic Price Rally as Jewelers Vanish

The shift underscores the global push-and-pull for gold between western investors looking for a safe haven and traditional demand centers for physical gold in Asia.

JPMorgan Chase: US adds 4.8 million jobs as unemployment falls to 11.1%The reversal

Credit and debit card data tracked by JPMorgan Chase show that consumers reduced their spending last week after having increased it steadily in late April and May.

How Much Money Americans Actually Make

They included banking executives in the “one percent,” workers at nonprofits who say they are compensated in nonmonetary personal “fulfillment” and a cashier who longs for a $15 minimum wage.

Citi’s Brazil CEO Works in a Near-Empty Tower Handling a Loan Surge

The economic fallout has been devastating, with the bank’s economists predicting a 6.5% contraction this year.

John Paulson to turn hedge fund firm into family office

Mr Paulson shot to fame during the financial crisis with a bet against the overheated US housing market and managed US$38 billion at one point.

Majority of Insurers Confident in Asset Managers During Downturn

They’re also upping their allocations into alternatives, such as private equity and private credit, says a State Street survey.

Global Business Barometer Improves

This put it ahead of other options such as direct fiscal stimulus to consumers and tax cuts.

Natixis Survey Finds Financial Professionals Expect Strong Industry Growth

US financial professionals expect AUM to grow by 7.2% in the next year driven mainly by new assets from new and current clients

Comment, Analysis & Research