07/06/2023
High Net Worth Individuals Face a Challenging Wealth Planning Landscape
LBMC Experts Share Five Key Factors Affecting Estate Planning
Wealth and Asset Management
07/06/2023
Raymond James CEO promises Charles Stanley wealth managers ‘freedom’
Charles Stanley wealth managers will eventually be given access to various affiliation models, which Raymond James’ CEO Paul Reilly believes will keep staff attrition low.
07/06/2023
Global wealth slips for first time in 15 years but set for rebound
Interest rates, inflation, poor equity performance, and geopolitical risk all impacted wealth — and asset manager profits — in 2022.
07/04/2023
UBS goes on hiring spree for wealth managers catering to rich Americans
The largest was BG Group, a 13-person team that managed $2.5 billion at Merrill.
07/04/2023
Expect more challenges for stocks in the second half
Equity pricing looks at odds with slowing growth and stickier inflation.
07/04/2023
Schroders partners with Select Equity Group to launch Schroder GAIA SEG US Equity
This is the latest addition to the Schroder GAIA platform which now has twelve funds and $5.4 billion of AUM as of 31 March 2023.
07/04/2023
Julius Baer sees 'rare opportunity' in bonds ahead of Fed pivot
The Swiss private bank is positive on US and Japanese equities, and sees an attractive play in investment grade bonds, as it predicts no further US rate hikes, with the Federal Reserve to cut in December.
07/04/2023
The metaverse: a whole new world of private banking and wealth
The metaverse represents a new frontier in banking, a virtual world with virtual currencies and virtual goods for sale.
07/03/2023
REYL Intesa Sanpaolo acquires leading Swiss fund representative Carnegie Fund Services
These funds are domiciled anywhere from Ireland, Luxembourg, France, all the way to Singapore and Cayman.
06/30/2023
JPMorgan Chase Announces new business and philanthropic commitments to help close the housing affordability gap in Washington D.C. and beyond
Elements include more than $7.5 million in philanthropic capital to support housing affordability and the expansion of Chase Home Lending’s $5,000 Homebuyer grant.
06/30/2023
Key catalysts signal upside potential for emerging markets
In addition, with Chinese stocks facing renewed pressure recently, some investors may be reluctant to invest in EM assets—especially equities because they are cautious on the outlook for China.
06/30/2023
SEI Enhances Suite of Strategies Featuring Dimensional with U.S. Focused and Tax-Managed Offerings
Three New Sets of Strategies Further Enhance Flexibility for Advisors
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.
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.