07/19/2023
These hires reflect the firm's deep commitment to Philadelphia and the mid-Atlantic region, its private business owners, and local endowments, foundations, and non-profit institutions.
07/19/2023
Tech stock valuations leave little margin for error in the upcoming reporting season, whereas banks are only trading at book value despite an improving backdrop, says Citi Global Wealth chief investment officer David Bailin.
07/19/2023
Automated digital marketing enhancing the advisor-investor relationship and experience
07/19/2023
And for all consumers, Rodriguez oversaw the launch of a new way to help people find a financial advisor.
07/19/2023
Among 68% of those polled cited regulations as the top near-term business challenge.
07/19/2023
This heightened focus on client experience and more specifically the digital client experience stems from evolving client expectations and the threat of digital disruptors.
07/18/2023
AdvisorHub recognizes elite financial advisors who manage more than $1 billion in client assets based on their innovation, professionalism, and success in the business.
07/18/2023
Citi includes in that tally not only brokers but also private bankers, so-called financial client advisors, relationship managers, and investment counselors.
07/18/2023
Apollo has assembled a roughly 10-person family office unit over the past year and plans to increase that number in the future.
07/18/2023
Revenue of $13.46 billion vs. expected $13.08 billion.
07/17/2023
In past years, IT stocks and US real rates had a strong negative correlation—i.e., when US real rates rose, US IT stocks declined and vice versa.
07/17/2023
The review was prompted by the presence of inactive wealth management clients with assets under $1 million, which led to a reassessment of the business.
07/17/2023
Gresham House shareholders will receive 11.05 pounds cash for each share held, Searchlight said, representing a 62.5% premium to the stock's last closing price.
07/17/2023
Money market assets will ‘flood fixed income market’
07/14/2023
The data also showed a 115% year-over-year increase in the hiring of capital-raising private wealth professionals at alternative asset managers from 2021 to 2022.
07/14/2023
High-volume of nominations reflect Kestra’s ongoing commitment to providing superior service, cutting-edge technology, and a suite of resources to deliver value to its nationwide ecosystem of financial professionals
07/14/2023
The wealth and investment management arm of Wells Fargo saw revenue drop 2% year-on-year in Q2 2023, from $3,705m to $3,681m.
07/13/2023
Quality income equities have lagged traditional stock indexes. Is now time to abandon them? We think not, and outline three reasons why they can help navigate a more challenging second half.
07/13/2023
It has a strong local presence in each of those markets except Peru, which it serves, along with Ecuador, Colombia and Bolivia, from its Miami hub.
07/13/2023
Due diligence may not be the top priority when wealthy clients seek a financial advisor, but they can also be quick to switch