11/17/2022
Sanctuary Wealth's OASIS 2022 Explores the Power of Partnership
Las Vegas gathering welcomed 75 partner firms from the Sanctuary network
Wealth and Asset Management
11/16/2022
Merrill Scoops Up $1B Citi Private Bank Team; First Republic Nabs $1.25B Wells Team
They joined Merrill on a staggered schedule over the past two months after serving out garden leave terms.
11/16/2022
Ameriprise Financial Named as One of the Most Trusted Wealth Managers by Investor's Business Daily
This is the second consecutive year Ameriprise has been named to IBD's lists of Most Trusted Financial Companies and Wealth Managers.
11/15/2022
UBS Wealth Managers Who Jumped Ship Sued in the US
UBS is now suing seven members of the team saying they contacted UBS clients to lure them to RBC in violation of confidentiality and nonsolicitation agreements.
11/15/2022
Credit Suisse accelerates radical restructuring of Investment Bank; Enters into definitive transaction agreements to sell a significant part of its Securitized Products Group to Apollo
As part of the transaction, Apollo has agreed to acquire a significant part of Credit Suisse’s SPG portfolio assets.
11/15/2022
CFEE and IG Wealth Management Team Up with Government of New Brunswick to Expand Financial Literacy Across Province
Five thousand additional copies of Money and Youth financial literacy books to be distributed to Grade 10 students
11/15/2022
Sale of North American Asset Management business
Wintrust to expand its Investment Management business, enters into agreement to acquire North American Asset Management units from Rothschild & Co
11/14/2022
BlackRock shelves China bond ETF
Two people familiar with the decision said BlackRock had “indefinitely” shelved the ETF, which had secured regulatory approval and was scheduled for release in the US in the second quarter of this year.
11/14/2022
How To Communicate Your Value To Clients
Clients only focused on their investment performance. This singular criteria, which is sometimes out of your control, can lead to complications that hinder your success.
11/11/2022
North America sees sharp drop in ultra-high-net-worth individuals
Global population of those with a net worth of US$30m or more had decreased for the first time since 2018
11/11/2022
SEI Enhances SEI Wealth Platform with Unified Managed Household Capabilities from LifeYield
New Service Helps Wealth Managers Address Investors' Increasing Portfolio Complexity
11/11/2022
Scotia Wealth Management recognized with industry leading awards from Global Finance and PWM/The Banker Global Private Banking Awards
These prestigious awards honour private banks and wealth management firms that operate globally and are evaluated on detailed performance-based indicators.
11/11/2022
UBS Advisor Jonathan Beukelman Named to the Forbes/SHOOK Top 250 Wealth Advisors List
This is the seventh consecutive year that Jonathan has been named to the Forbes/SHOOK Research Top 250 Wealth Advisors list, and in the past has also been named to the Barron’s Top 1,200 Financial Advisors list among others.
11/11/2022
Brookfield Has $125 Billion to Invest as CEO Sees Recession
Brookfield has launched fundraising for an opportunistic credit fund that it expects to be more than $16 billion, according to a letter to shareholders from Chief Executive Officer Bruce Flatt on Thursday.
11/11/2022
Miami represents huge opportunity for our US business – Johan van Niekerk
Stonehage Fleming brings decades of experience in working with ultra-high net worth families with complex intergenerational and cross-jurisdictional needs.
11/10/2022
Goldman Sachs Asset Management Partners With Kyriba
The new arrangement will create an end-to-end workflow for investing in money market funds, introducing on-demand connectivity to third-party banking and fintech services.
11/10/2022
Manulife core profit hit by declines in wealth & asset management unit
A soaring inflation has ravaged the Canadian economy which despite slowing to 6.9% from a peak of 8.1% remains way above the 2% target.
11/10/2022
Seventy2 Capital Wealth Management named in 2022 Forbes Top Wealth Management Teams
The Forbes Top Wealth Management Teams list considers several criteria, including service models, investing process, team construct, skill sets, revenue trends, assets under management, and compliance records.
11/10/2022
Morningstar Introduces Industry's First Global Unicorn Index Series
Powered by PitchBook and Morningstar Indexes, the new benchmarks are the first to daily measure Unicorns, or privately held venture-capital companies with valuations of $1 billion or more.
11/10/2022
Wells Fargo Draws $2.6B Advisor Team from UBS
Brothers Andrew Perry and Todd Perry and several colleagues joined Wells Fargo in New Jersey.