Managers of Wealth Americas

For Fifth Consecutive Year, Fifth Third Private Bank Recognized as Best Private Bank

The honors were announced by Global Finance for the 2024 World’s Best Private Bank Awards.

Hightower Completes Strategic Investment in Capital Management Group of New York

This is Hightower’s first announced deal of 2024 after announcing 12 transactions in 2023.

Raymond James CEO Paul Reilly’s Pay Nearly Doubles to $34.9 Million

The award can be clawed back if Reilly leaves before that time or under other circumstances, according to the filing.

Morgan Stanley Woos Ex-First Republic Broker, Loses to UBS in California

Zappas had produced $2 million in annual revenue from $500 million in client assets when he left UBS for First Republic, which was acquired by JPMorgan in May.

Impax to acquire fixed income assets and expand portfolio management team in agreement with Copenhagen-based Formuepleje

Impax has entered into an asset purchase agreement with the Formuepleje Group, an existing client and distribution partner of Impax, with respect to the acquisition.

Fortitude Family Offices Announces Founder and Chief Executive Officer Matt Walker Has Been Named to the Five Star Wealth Manager's 2023 List

Annual award is given to wealth management professionals demonstrating a commitment to client services and strong industry credentials

RBC nabs $610M team from Truist

The Cypress Group will operate out of RBC's office in Wilmington, North Carolina

Seven Cambridge Advisors Split To Form Stonepath

The firm is led by Lauren Renee Golba, president, and Matthew Thomas Golba, CEO.

For one wealth practice, reimagining the workspace has done wonders

Veteran advisor shares how new work setup, complete with Zoom rooms and a bullpen, has changed the dynamic for his team

Savant Moves into Florida with $440M FirstWave Financial

The deal with FirstWave represents Savant's 11th acquisition in the last year.

Goldman Sachs Asset Management raises $650 million for life sciences fund

The fund, West Street Life Sciences I, will specifically target early to mid-stage therapeutic companies with multi-asset portfolios as well as tools and diagnostics firms.

Dakota Wealth Management Acquires C2C Wealth

Strategic acquisition adds a third Massachusetts office for the firm

Mercer Advisors snaps up Transitions Wealth Management

Mercer Advisors has made a deal to snap up a US-based firm.

Top 100 wealth management and other financial services firm visitors to TWM in 2023

A veritable who's who of the world's leading wealth management and other financial services firms using The Wealth Mosaic

BTG-Backed Brokerage Is Hunting for a Multifamily Office to Buy

The firm is interested in buying an established business working with families away from the main state capitals

Wealth Enhancement Group Announces the Addition of Foundational Wealth Advisory, a Hybrid RIA in Macon, Georgia

The addition of Foundational Wealth Advisory marks Wealth Enhancement Group's third office in Georgia.

Baby boomers over 70 hold more than 30% of wealth in the US

There are about 2.3 million people over 70 in the country in 2019

Wealthy Individuals Most Worried About Loss Of Investment Value, Chubb Says

Eighty percent of respondents said the loss of value to their investments was their top concern

10 stories about DEI in wealth management in 2023

Scroll down to see how the Financial Planning team has covered matters of race, diversity and inclusion in 2023.

Private banking and markets in 2024: what’s the outlook?

Will interest and inflation be a burden to private banking markets in 2024?

Wealth and Asset Management