03/06/2023
Why The Wealthy Already Working With Advisors Is Your Competitive Advantage
Many advisors believe that when wealthy individuals and families have advisors they are comfortable with, the odds of them becoming clients are very low.
Wealth and Asset Management
03/06/2023
Former top Credit Suisse shareholder Harris Associates sells out of bank
CIO David Herro questions ‘future of franchise’ after years of scandal and client exodus as shares hit new low
03/06/2023
David Esfandi: You never stop learning
CGWM CEO discusses inflation, the positive impact of Consumer Duty and making wealth management more attractive
03/03/2023
UBS advisor team The Stephens Group named to the Forbes Best-In-State Wealth Management Teams list
Since joining UBS in 1999, they have consistently earned industry recognition for their extensive wealth management experience and deep commitment to providing high-net-worth clients with customized, comprehensive financial solutions.
03/02/2023
Lazard Asset Management Acquires Truvvo Partners, Creating Lazard Family Office Partners
As a result of Truvvo joining LAM, the firm’s global wealth management AUM, including assets managed across the firm’s European wealth management business, will total approximately $22 billion.
03/01/2023
Inflation and more Inflation
The report again confounded market expectations that inflation was on a downward trajectory.
03/01/2023
Maher Wealth Management Launches With Support of LPL Strategic Wealth Services
Looking to keep his clients’ best interest at the forefront of everything he does, Maher decided it was time to break away from the wirehouse environment and build an independent practice with the support of LPL Strategic Wealth Services.
03/01/2023
AssetCo and Westwood establish US footprint
This process will start this year and will also include the subsidiaries of AssetCo such as River and Mercantile, SVM, Saracen, and Rize ETF.
02/28/2023
UBS advisor team Endurance Artist Management named to the Forbes Best-in-State Wealth Management Teams list
This select group of UBS advisors participate in an extensive training program, which covers complex needs unique to this client segment, such as atypical income streams and special financing circumstances.
02/28/2023
Focus Financial Partners to be Acquired by Clayton, Dubilier & Rice
The proposed transaction delivers substantial value to Focus' stockholders
02/28/2023
Sanctuary Wealth Expands Advisor Toolbox by Partnering With Pontera
Partnership enables Sanctuary's network of advisors to manage 401(k), 403(b), and other held away retirement assets
02/28/2023
Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort
Goldman Sachs CEO David Solomon said asset management and wealth management would be the growth engine for the bank after his efforts in consumer banking went awry.
02/28/2023
Integrated Partners Adds $2.25B RIA Laurel Wealth
Laurel was "looking to grow; they're planning-focused.
02/28/2023
Bernstein Private Wealth Management Opens Stamford Office
Bernstein has been operating in the Connecticut and Westchester markets and building a significant network of client relationships for decades
02/27/2023
Core Principles Of Accounting Firm Elite Wealth Management Practices
The goal of an accounting firm’s elite wealth management practice is not to generate more revenues for the firm.
02/27/2023
Morgan Stanley’s Recruiting Tab Tops $4 Billion
Around $97 million of those loans are held by brokers who have left the firm and are more than 90 days past due, meaning they are unlikely to be repaid.
02/24/2023
Savant Wealth Management Acquires $3.3 Billion Capital Directions
First Acquisition of 2023 Marks Savant's Largest; Expands Footprint to Southeast U.S.
02/24/2023
Rockefeller Asset Management Releases Annual Sustainable Investing Report, Highlighting New Partnerships, Strategy Launches, and Five Trends for 2023
Increasing demand for ESG long-short equity strategies. RAM sees firsthand the need for long-short strategies that seek downside protection, low correlations with global markets, and Article 8 compliance.
02/24/2023
CIBC becomes official Commercial and Private Wealth Bank of the Professional Pickleball Association Tour
CIBC will receive exclusive branding and title sponsorship of the VIP Lounge at each PPA Tour event as well as premier sponsorship position at tournaments in Florida, California and Texas.
02/24/2023
Credit Suisse Global Investment Returns Yearbook 2023
15th edition of Yearbook looks at inflation and the role of commodities