09/05/2023
Apollo Global positions for family office push
The firm has hired a BlackRock veteran to spearhead the advance.
Wealth and Asset Management
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
08/30/2023
Bogart Wealth Named to Top Financial Advisor in Forbes
CEO James Bogart named top Next-Gen Wealth Advisor in Virginia, plus named a finalist in ThinkAdvisor Luminaries Awards
08/30/2023
Setting the bar for elite wealth management in a niche market
Stenner and his team understand the value of proactive service
08/29/2023
Goldman Sachs Sells Wealth Management Division
Goldman's recent foray into retail banking with the unwashed masses has been like asking a French chef to start slinging hot dogs -- nobody on either side of the equation is very happy.
08/29/2023
Raymond James study: What rich clients need in estate planning
According to Raymond James, that's where financial advisors today can offer some of the most value to wealthy clients — filling in those common service gaps.
08/29/2023
Goldman Sachs and Creative Planning Announce Agreement to Acquire Goldman Sachs Personal Financial Management Business
Goldman Sachs Asset Management and Creative Planning to Enter into Strategic Distribution Agreement
08/29/2023
Steve Drizos of Liberty Wealth Strategies Speaks on Multi-Generational Wealth Planning
Helping preserve family generational wealth.
08/28/2023
UBS Advisor Daniel Green Named to Forbes Top Next-Gen Wealth Advisors Best-In-State List
This is the fourth consecutive year that Daniel has appeared on the Forbes Next-Gen rankings.
08/25/2023
Own Your Financial Future: Empowering the Next Generation of Stars
Discover how Morgan Stanley’s Money in the Making™ financial-education program empowers young stars in sports and entertainment to reach new heights.
08/25/2023
Royal Bank of Canada Reports Third Quarter 2023 Results
The number of full-time equivalent (FTE) employees was down 1% from last quarter, and we expect to further reduce FTE by approximately 1-2% next quarter.