09/11/2023
Strategic visionary who sticks to his guns
Morgan Stanley’s CEO, InvestmentNews' 2023 Icon, has upset advisors at times with his policies but is revered for leading spectacular growth and his Smith Barney ‘master stroke.’
Wealth and Asset Management
09/08/2023
Two startups merge into $1.2 billion digital family office
Compound, a financial and tax advisory service for tech executives, is joining Alternativ Wealth, a digital RIA, to form Compound Planning.
09/07/2023
Broadridge Named a Leader in Digital Experience Platforms for Asset and Wealth Management Products by Everest Group
Everest Group PEAK Matrix® highlights Broadridge's strength in digital platforms for regulatory investor communications and top rating for value delivered and technology capability
09/07/2023
Financial Planning announces honorees for the 2023 Rising Stars awards, celebrating the future leaders of wealth management
The annual list honors 10 exceptional individuals from organizations of various sizes and concentrations including ACE Advisors, Carson Group and Childfree Wealth.
09/07/2023
Crypto has created 182 centi-millionaires, world’s first Crypto Wealth Report finds
In the global super-rich league, there are now 182 crypto HNWIs with crypto holdings of $100 million, inaugural Henley & Partners report finds
09/06/2023
$4.5 Billion Private Banking Team Chooses Independence with Fidelis Capital to Solve Complex Issues for UHNW Clients
The five-person wealth management team has over 70 years of collective experience serving individuals and families, family offices, and institutions
09/06/2023
Henley & Partners: Crypto Wealth Exceeds $1 Trillion
The total value in Bitcoin alone accounted for more than half at $602 billion.
09/06/2023
Wealth management firms need scale to help advisors thrive
Scale offers the solutions, capital and expertise entrepreneurial financial advisors need to serve their clients with distinction and build strong businesses, no matter what model they choose.
09/06/2023
Crestwood Advisors Completes Merger with Endurance Wealth Management
Boston-based advisory firm expands growing New England footprint into Rhode Island
09/05/2023
Apollo Global positions for family office push
The firm has hired a BlackRock veteran to spearhead the advance.
09/05/2023
Caledonia Investments to sell stake in wealth manager 7IM for $321.5 mln
The deal furthers the consolidation in Britain's money management industry as private equity firms look to snap up investment advisers to either sell them to a competitor or publicly list them.
09/04/2023
Why wealthy customers are the 'most worrisome' for banks right now
Investors continue to flock to money market funds in search of higher yields, posing an ongoing challenge to banks trying to keep deep-pocketed account holders.
09/04/2023
Is this the private equity cycle for Brazilian private banking?
Private bankers are eyeing PE and venture capital investments as digital platforms emerge in Brazil, but personal advisory remains critical.
09/01/2023
Central Bankers Attempt to Climb Out of a Hole
Thus, while central bankers in the US remain biased – perhaps reluctantly – towards further rate hikes, the markets believe differently, ascribing just a 40% probability of a Fed rate hike by year-end.
09/01/2023
Paul Lorentz, Manulife Asset & Wealth Management: Canada to Europe, via Asia
As an insurer, Manulife already has a global footprint and a remarkably strong presence in Asia, where it has been operational for many decades.
08/31/2023
The eight asset managers most committed to ESG
Morningstar has ranked 108 asset managers based on their processes, resources and track record in ESG.
08/31/2023
UBS just smashed JPMorgan’s record for quarterly bank profit
Global firm's wealth management unit was among its star performers.
08/30/2023
Weil Advises Goldman Sachs in Sale of Its Personal Financial Unit to Creative Planning
Creative Planning’s wealth management teams will continue to have access to investment solutions and services from Goldman Sachs Asset Management as it builds a leading investment management platform.
08/30/2023
BMO, Scotiabank earnings highlight pressure for wealth management units
Latest earnings results for Canadian big banks reflect challenging market conditions
08/30/2023
Lula Signs Provisional Measure to Tax Super-Rich Funds
President sanctions proposal that created a new value policy for the minimum wage and increased the Income Tax exemption range