05/21/2020
Citigroup to launch new sustainability unit
The bank is also forming an advisory group comprising external experts on topics including climate and earth sciences.
Wealth and Asset Management
05/21/2020
Canaccord Genuity Wealth Management Selected as Platform Provider for Morgan Stanley's Wealth Management Entry Into Canada
Canaccord Genuity will deliver a suite of wealth management solutions and technology, as well as custody and clearing services to Morgan Stanley Wealth Management Canada.
05/21/2020
Brave New Coin launches digital wealth management platform
The platform tracks thousands of assets and trading pairs in real time by aggregating data from more than 20 exchanges.
05/21/2020
JPMorgan Revamps Management of Bank-Branch Brokers
The bank currently serves about 1.0% of the high-net-worth market and 8.0% of the “ultra-high-net-worth” market, officials said at a recent investors conference.
05/21/2020
Fidelity Dangles Rewards Program for Wealthy Retail Clients
The new rewards program is being rolled out to in-house clients with a minimum of $250,000, not the firm's RIA custody business.
05/21/2020
BNY Mellon Investment Management Launches BNY Mellon Investor Solutions
The new group combines an open-architecture approach with the proprietary investment capabilities of BNY Mellon's eight specialist investment firms.
05/20/2020
UBS Private Wealth Advisor Katerina Simonetti Named to Forbes/SHOOK List of Top Women Wealth Advisors
Recognition of an exceptional career in Financial Services
05/20/2020
Four Strategies That Banks Can Use To Position For Family Offices
Banks may choose to target HNWI, UHNWIs
05/20/2020
Morgan Stanley expanding further into Canada with new wealth management service
The company will hire for jobs in Calgary and Toronto
05/19/2020
Median Total Master Trust Return Negative in Q1 2020
Equity market sell off results in lowest median quarterly return since Q4 2008
05/19/2020
Pacific Funds Added To Oranj Wealth Management Platform
The Pacific Funds lineup includes fixed income, equity and multi-asset strategies designed for income generation.
05/19/2020
MAI Capital Management buys $225m NYC RIA
Acquisition bolsters MAI’s New York City presence and adds robust investment management group
05/17/2020
The Future Of Work Now: Morgan Stanley’s Financial Advisors And The Next Best Offer System
Brown and Maguire are both oriented to wealth management, although some of the FAs on their team tend to be somewhat more transactional in their investment recommendations.
05/15/2020
What it takes to break into the UHNW segment
The axiom that a family fortune doesn’t last beyond the third generation doesn’t always prove true
05/14/2020
UBS Private Wealth Advisor David W. Ellis III Named to the 2020 Barron’s Top Advisor List
Honor recognizes an exceptional career in financial services
05/14/2020
A Decade of Wealth: A Review of the Past 10 Years in Wealth and a Look Toward the Decade to Come
Over this period, growth rates of the global wealthy population and their combined net worth were similar for both very high net worth individuals
05/13/2020
Foundations of gold by Rathbones
Prices were volatile following a surge in the dollar and speculation that investors were selling their safest investments
05/13/2020
Envestnet partners with Canaccord Genuity Wealth Management
Our partnership with Envestnet puts Canaccord Genuity at the forefront of wealth management in Canada
05/13/2020
Sanctuary Wealth Launches Advisor Solutions Group
Acquisition of Northview Asset Management creates shared resources and expertise to benefit entire network through new Sanctuary Advisor Solutions Group
05/13/2020
Morgan Stanley’s wealth management business handed $5 million fine
MSSB has agreed to pay a $5 million penalty that will be distributed to harmed investors.