08/04/2021
Canaccord Genuity Reports First Quarter Fiscal 2022 Results
Excluding significant items, first quarter earnings per common share of $0.73 (1)
Wealth and Asset Management
08/04/2021
Morgan Stanley Investment Management Raises $1.6 billion for North Haven Credit Partners III
The Fund, managed by the Morgan Stanley Private Credit team, will focus primarily on junior capital investments in private North American businesses including 2nd lien debt, mezzanine debt, preferred equity and special situations.
08/04/2021
$300 Million Wealth Management Practice Joining Cetera Network
Brumbaugh Wealth Management affiliating with Cetera through AdvisorNet Financial
08/03/2021
Private Wealth Management Advantages and Strategies Report Released
The report showcases the advantages of professional asset management.
08/03/2021
Stifel wealth manager’s profits surge amid recruiting slowdown
It’s the second straight quarter of lower recruiting gains for Stifel.
08/03/2021
Focused Wealth Management Ranked as Top 100 Financial Advisor in New York by investor.com
Newburgh Financial Advisor Cited for "Putting Their Clients’ Best Interests First"
08/03/2021
Showing performance advantages through active tax management strategies
For those investors, there is little point in paying a premium for actively managed portfolios that cannot significantly outperform the market.
08/03/2021
To get in on the Great Wealth Transfer, advisors need the right tools
The so-called Great Wealth Transfer represents an excellent opportunity for wealth managers to attract new assets.
08/02/2021
Are asset managers long on plans, short on action in data science?
Survey finds nearly all investment managers focusing on data and analytics to improve outcomes, but most lagging in capabilities
08/01/2021
Deutsche Bank Struggles With Slew of Departures in U.S. Wealth
At least 10 senior wealth bankers have left amid cost cuts
07/30/2021
Family Office Portal Launches as Community Hub for over 5000 Family and UHNWI Investment Offices
These technologies help family offices with everything from automated and compliant investment processes, and peer to peer due diligence, to enhanced lifestyle experiences, and much more.
07/30/2021
Raymond James Financial Reports Third Quarter of Fiscal 2021 Result
For the first nine months of the fiscal year, record net revenues of $7.07 billion increased 20%, record earnings per diluted share of $6.92 increased 60%, and adjusted earnings per diluted share of $7.50(1) increased 73% over the first nine months of fis
07/29/2021
SEI Expands Technology Offering with Wealthbox
Strategic Partnership Provides Advisors Integrated Technology Ecosystem for Client Engagement and Business Growth
07/29/2021
RBC Wealth Management-U.S. Accelerates Digital Transformation with Selection of New Broadridge Platform
Broadridge's next-generation Wealth Management Platform is an open, industry-level platform offering an integrated and modern front-to-back-office solution, leveraging best-in-class technology.
07/29/2021
Wall Street is throwing cheap credit at ultra-wealthy clients and they're buying yachts, jets, art and real estate
Billionaires with enough cash to fill a swimming pool are loathe to sit out the biggest borrowing binge on record
07/28/2021
Hightower Makes Strategic Investment in Farr, Miller & Washington
Led by well-known speaker, author and commentator Michael Farr, the Washington, D.C.-based firm has $2 billion in AUM
07/28/2021
Broadridge Enhances its Data Solutions for Asset Managers with Snowflake Data Cloud
Solution to facilitate faster analysis and decision making for investment managers
07/28/2021
Mariner Wealth Advisors to Acquire Channel Islands Group
Firm continues year of growth and expands presence in California with acquisition
07/28/2021
The gifting considerations of Canadian ultra-high-net-worth families
How can clients best share their 'never money'? Family office expert looks at both the practical and emotional considerations
07/27/2021
Ameriprise Financial Reports Second Quarter 2021 Results
The overall fee rate remained strong at 52 basis points. On a sequential basis, revenues increased 6 percent.