06/30/2023
Savant Wealth Management Adds $483M Retirement-Focused RIA
The acquisition is the fifth this year for the Rockford, Illinois–based registered investment advisor.
Wealth and Asset Management
06/30/2023
Advyzon Named Finalist in 2023 Wealth Management Industry Awards and ThinkAdvisor Luminaries Awards
Industry leading awards programs acknowledge comprehensive technology platform for consecutive years
06/29/2023
1832 Asset Management announces proposed fund mergers, associated fee reductions and other changes for Scotia Aria Portfolios
The Continuing Funds will be renamed to ensure asset allocation options are described consistently across all Scotia Portfolio Solutions.
06/29/2023
Haven Tower Group Named Finalist for PR Campaign of the Year in 2023 WealthManagement.com Industry Awards
Leading Wealth Management Industry-Focused Communications Agency Recognized for Brand Elevation Campaign for Association of African American Financial Advisors
06/29/2023
Marstoneto & Bancolombia to bring wealth management services to LatAm customers
Bancolombia has nearly 30,000 employees and a presence in Colombia, Panamá, Guatemala, and El Salvador.
06/28/2023
Innovative Ways of Attracting and Serving Clients Draw Accolades for Merrill Wealth Management and Bank of America Private Bank
Wealth Management Businesses Receive Multiple Industry Awards for Digital Innovation and Leadership.
06/28/2023
Rosemont Announces Minority Equity Investment in Landmark Management, LLC
Investment Supports Long-Term Succession and Independence
06/27/2023
Endurance Wealth Management to Join Focus Partner Firm Crestwood Advisors, Extending Crestwood’s New England Presence
The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions.
06/27/2023
Ten Investment Convictions for H2 2023
Fears of contagion in March from US regional banks have dissipated, and lending conditions tightened less than first feared.
06/27/2023
BMO recognized as Best Private Bank, Best Commercial Bank and Best Retail Bank
The 2023 World Finance Banking Awards recognize how BMO's digital first strategy and industry-leading client experiences are meeting and exceeding customer's evolving expectations with best-in-class digital money management services.
06/27/2023
Global Wealth Report 2023: Resetting the Course
The prospect of consistent business growth became increasingly difficult to envision on the horizon.
06/27/2023
Northern Trust and Coalition Greenwich Study: Asset Managers Project Future Growth Amid Challenging Environment
While 84% expect to grow, 22% plan to implement changes to their operating models to achieve efficiency and cost savings.
06/26/2023
Morgan Stanley in wealth management review, Ords deal on cards
Street Talk understands it is considering hiving off some of its lower value accounts to Ord Minnett as part of a strategic review that would pivot the business toward high-net-worth and ultra high-net-worth clients.
06/26/2023
NewEdge Wealth Launches San Francisco Office With Former First Republic Wealth Manager John Froley
“I am excited to join NewEdge Wealth and look forward to working with Rob and his team as we create a San Francisco office to deliver services to ultra high net worth and institutional clients.”
06/26/2023
Ameriprise Financial Named "#1 Among Wealth Managers" in Kiplinger Readers’ Choice Awards
Readers surveyed also awarded Ameriprise with "outstanding" scores for trustworthy advisors, quality financial advice, likelihood of recommending the firm to others, and overall satisfaction
06/23/2023
UBS’s Wealth Assets Risk $150 Billion Drop on Credit Suisse Merger, JPMorgan Says
The analysts said that the integration process could create share price volatility, due to factors including restructuring, mark-downs and litigation.
06/23/2023
Citizens aims to double wealth assets in five years after hiring spree
Citizens' new team will focus on developing new wealth clients separate from its existing customers.
06/22/2023
Geller Opens South Florida Office
Enhanced Commitment to Managing Every Critical Aspect of Clients’ Complex Financial Lives Through Multidisciplinary Services and Expertise, Introduces New Corporate Branding
06/22/2023
Bernstein Private Wealth Management Launches Bernstein Philanthropic Impact Fund in Partnership with National Philanthropic Trust
Amid the growing popularity of DAFs with philanthropic individuals and families, this enhancement to the firm's platform will offer a high-touch and efficient solution for charitable giving across a range of assets and levels of complexity.
06/22/2023
BTG Mulls Acquisitions to Build Private-Banking Behemoth
BTG just opened an office in Madrid and in March announced the acquisition of a bank in Luxembourg to serve Latin American costumers, part of its strategy of gaining market share from banks that are giving up their local operations.