05/09/2022
EP Wealth Adds $349M RIA Firm in Utah
The latest acquisition is St. George, Utah-based Vantage Advisors.
Wealth and Asset Management
05/08/2022
BofA's Ultra Wealthy Clients Soar
The number of new clients with $10 million or more in assets added in 2021 was up 40% over 2020 and 49% over 2019, Barron's reports.
05/08/2022
Wealthy Americans are buying second passports as a 'plan B' for their families
The top programs grant citizenship to foreigners who invest millions of dollars in the country.
05/06/2022
Raymond James Adds $580M Team From Wells Fargo
The group of four advisors will run Raymond James & Associates’ first location in Monroeville, Pa.
05/06/2022
UBS Investor Sentiment: Investors Concerned About the War Yet Stay the Course with their Portfolios
Investors remain confident in their region’s economy and stock market, even though many expect prolonged and increased inflation
05/06/2022
Discover what influences philanthropic giving by the ultra wealthy in a new report by Wealth-X.
The report begins with an exploration of global philanthropy, charting the significant role played by the ultra wealthy because of the scale of their giving.
05/06/2022
Can Fund Managers’ Fee Cuts Win Back Clients?
Active and passive managers brought in one-third of the amount of money in the first quarter of 2022 as they did a year earlier. Blame volatility and competition from alternatives.
05/06/2022
Key Family Wealth Recognized for 'Best Family Office Solution' at the 2022 family wealth report awards
This distinction recognizes Key Family Wealth's deep industry expertise and its ability to deliver impactful tax advantaged solutions to the largest and most complex families across the country.
05/06/2022
Citi Speeds Push to Add 700 Private Bankers With Europe Outposts
Citigroup will increase headcount at both offices in coming months.
05/05/2022
BMO Wealth Management Appoints Leaders for BMO Private Wealth Canada
Meghan Meger and Geoff Newton appointed Co-Heads of BMO Private Wealth Canada
05/05/2022
UBS Advisors Named to Barron’s Top 1,200 Financial Advisors List
The Barron’s Top 1,200 Financial Advisors list draws from data provided by around 6,000 of the nation's most productive advisors.
05/05/2022
T. Rowe, Schwab Say Times Call For Changing Investing Approaches
Most portfolios can have a place for investments with both active and passive management
05/05/2022
Fieldpoint Private Launches Fieldpoint Private Trust to Expand Full-Service Financial Offerings
New trust company leverages the benefits of America’s most progressive tax laws for clients
05/05/2022
Truxton Trust Announces New Role for Founding Leader of Wealth Management
Truxton Trust recently named Drew Mallory as Chief Fiduciary Officer and appointed three new Managing Directors within the Wealth Management business.
05/05/2022
Broadridge Wins Innovation in Governance and Proxy Voting Award
Recognised as leaders in advancing corporate governance through proxy voting and disclosure services
05/05/2022
Ultra-Rich Investors Flock to Bank of America’s Wealth Management Businesses
“It’s not just a Florida story or just a Silicon Valley story, it’s growth in the business around the U.S. reflecting broad trends in the ultra-high-net-worth market.”
05/04/2022
Focus partner buys $740m Arizona RIA
This transaction is another example of how we add value to our partners,’ stated Focus chief executive Rudy Adolf.
05/04/2022
Cerity Partners welcomes permit capital advisors
Cerity Partners delivers a full suite of wealth management solutions to serve the complex financial lives of its clientele.
05/04/2022
Shifting horizons: How family offices are responding to Rapid Economic & Social Change
BNY Mellon’s unwavering commitment to serving today’s modern family office has led us to partner with The Harris Poll to produce this report.
05/04/2022
Why Investors Need to Watch the Rising Dollar
So far this year, the dollar is up about 8% against a basket of other major currencies. It has risen a staggering 13.6% over the past 12 months and recently hit a 20-year high.