06/17/2022
Ensuring Your Impact Investments Deliver Impact
ESG funds should provide a double bottom line of eliciting a positive social and/or environmental change and a market-rate financial return.
Wealth and Asset Management
06/17/2022
Millennial millionaires are delaying home, car purchases due to inflation
Millennials are three times more likely to be cutting back on big purchases compared with their baby boomer counterparts.
06/17/2022
From $125 Million for The Met to $3.5 Billion for Climate Change: The Best in Philanthropy
We honor today's esteemed philanthropists who are aiding climate change, overlooked communities, hunger and more.
06/17/2022
Robo-advisor Wealthsimple lays off 13% of staff
Katchen also revealed Wealthsimple plans to reduce its investment in non-core businesses ‘like peer-to-peer payments, tax, and merchant services,’ and sharpen its focus on investing, banking and crypto.
06/16/2022
Icon Wealth Partners to Join Focus as a New Partner Firm, Broadening Focus’ Presence in the Texas Wealth Management Market
Icon Wealth Partners has built its reputation by serving and advising a select group of high net worth families, business owners, corporate executives, law firms and foundations throughout the United States.
06/16/2022
Northern Trust Announces Leadership Changes
Fradkin announced additional leadership changes in Wealth Management.
06/15/2022
Sanctuary CEO Willing to Pay 'Huge Premiums' for These Kinds of Advisory Firms
Sanctuary Wealth CEO Jim Dickson talks about what he sees in the RIA M&A landscape, what he looks for in an acquisition target and where he thinks the industry is headed.
06/15/2022
Wells Fargo Team Goes Independent With Raymond James OSJ Concurrent
A former Wells Fargo team managing $630 million in client assets has created their own independent practice, Vision Wealth Advisors, with the support of Concurrent Advisors, a Raymond James super OSJ backed by Merchant Investment Management.
06/15/2022
Marianne Rodriguez of Round Table Wealth Management Makes "40 Under 40" List
InvestmentNews judges recognize her accomplishments, leadership and commitment to clients and the financial planning profession
06/15/2022
Former BNY Mellon Consultants Launch North River Wealth Advisors
The firm provides comprehensive investment management and financial planning
06/15/2022
Northern Trust Selected by Wilmington Trust to Support Market-Leading Collective Investment Trust Platform
The agreement offers Wilmington Trust a competitive edge by implementing the customized solutions, deep expertise, and innovative technologies provided by the Northern Trust team.
06/14/2022
AssetMark to Buy Adhesion Wealth from Vestmark
AssetMark has been looking to grow for some time, with Wolfsen saying in November that the firm was actively looking for acquisitions that would help it add technologies and services for advisors.
06/14/2022
Insigneo Financial Group to Receive $100 Million Investment Led by Bain Capital Credit and J.C. Flowers
Capital Raise to Support Company’s Continued Growth and Expansion
06/14/2022
North America retains top spot for High-Net-Worth population and wealth: World Wealth Report 2022
Europe moves past Asia Pacific to second place in growth rate, fueled by a recovering economy in Europe and slowing growth in Asia Pacific; 70% of HNWIs globally have invested in digital assets and currencies
06/13/2022
Goldman Sachs Asset Management Launches New Goldman Sachs 529 Plan
Extends Commitment to Education Saving Services through partnership with the State of Arizona’s 529 Plan
06/13/2022
Truist Wealth enters Chicago with experienced team of wealth management professionals
Affluent, high and ultra-high net worth individuals, families and business owners to benefit from Truist's planning-centric service model
06/10/2022
Americans lost half a trillion dollars in wealth in early 2022
The total value of these holdings was $46.3 trillion in the first quarter, making it one of households' largest assets.
06/10/2022
UBS Advisor Gino R. Stumpo Named to Forbes/SHOOK Best-In-State Wealth Advisors List
Gino is known for going above and beyond to prioritize his clients' needs with highly personalized wealth management services, and it's gratifying to see him acknowledged for his commitment to the well-being of his clients.
06/10/2022
Zephyr Named Finalist in 2022 Wealth Management Wealthies Awards
Zephyr's investment management platform continues to earn recognition from wealth and asset management industry peers
06/10/2022
J.P. Morgan Private Bank adds two billion-dollar advisor teams to its New York City business
These advisors are outstanding additions to the team and bring a proven track record for helping clients achieve their most important financial goals.