05/04/2021
Argentina Wealth Tax Fought by the Rich Raises $2.4 Billion
The government expects to use the proceeds for pandemic spending including health policies, small business subsidies, scholarships and housing projects.
Wealth and Asset Management
05/04/2021
Capital City Bank Group, Inc. Acquires Strategic Wealth Group, LLC
Capital City Strategic Wealth will be led by William L. Moor, Jr., the current president of Capital City Investments and Capital City Trust Company.
05/04/2021
Wealthsimple raises C$750m in one of the biggest Canadian tech investment rounds ever
Other investors in the round include DST Global, Iconiq, Dragoneer, TCV, Sagard, Allianz X, Base 10 and Redpoint among many others.
05/04/2021
Upending a Century of Wealth Planning
While the rules for step-up in basis at death and carryover basis for gifts have remained largely the same for almost a century, historical context can offer additional insight into the proposed STEP Act.
05/03/2021
Why it makes sense to outsource client reporting operations
One critical aspect of any investment or wealth manager’s operations is providing timely, accurate and accessible client communications and reporting—an area ripe for outsourcing consideration.
05/03/2021
2 Big Seattle Wealth Managers Are Merging. It’s the Anti-Private-Equity Deal.
Anne Marie Stonich, Paracle’s co-founder and managing director, says that as her firm grew she knew it would have to add nine executive positions in areas like human resources and marketing.
05/03/2021
CI Financial Affiliated RIA Congress Wealth Management Acquires Pinnacle Advisory Group to Create $5.8-billion Firm
Transaction boosts CI’s U.S. assets to $58 billion
05/03/2021
Sarasin buys Bank of Montreal's HK, Singapore private banking arms
They provide a complete suite of private banking and wealth management services to private and institutional clients in Asia and globally.
04/30/2021
Top Advisor Spotlight: Greg Onken, Managing Director, JPMorgan Wealth Management
He was named a Top Wealth Advisor and Best-In-State Wealth Advisor this year.
04/30/2021
How UDB Financial Grew by More Than 30% Since Joining Ameriprise in 2019 to Manage $833 Million in Client Assets
The financial advisors credit Ameriprise’s goal-based advice, integrated technology, leader support, and culture for accelerating their growth
04/30/2021
Boutique Independent Broker-Dealer, Prospera Financial Services, is Proud to Announce the Affiliation of Ossola Wealth Management, Adding $120M in AUM
As the client services associate, Allison Squar runs the firm's onboarding needs, provides process review, and manages the overall client experience.
04/30/2021
Clarfeld | Citizens Private Wealth Opens Wealth Center in West Palm Beach, Florida
The South Florida center will be easily accessible to clients who are increasingly either seasonal or full-time residents in South Florida, a region that’s becoming more popular for high net worth and ultra-high net worth individuals and families, i
04/30/2021
Raymond James Financial Reports Fiscal Second Quarter 2021 Results
Moreover, we are well positioned entering the second half of the fiscal year, with records for client assets under administration of $1.09 trillion, total number of Private Client Group financial advisors of 8,327, and net loans at Raymond James Bank of $
04/29/2021
Richardson Wealth Advisors Named as Finalists for 2021 Wealth Professional Awards
7th Annual WP Awards Recognizes Excellence in Wealth Management
04/28/2021
Lugen Family Office Offers Customized Legacy Planning Services Backed by Proprietary System
Safeguarding and Empowering Family Legacies and Wealth in Alignment with Family Values and the Core Values of LFO.
04/28/2021
BTG Pactual Launches US Strategic Capital Unit
“Strat Cap” is an opportunistic investment strategy focused on asset-oriented businesses; unit has committed ~US$ 240 million to three investments in recent months
04/28/2021
18 person advisor team at UBS named to Barron’s Top 100 Private Wealth Management Teams list
The 18 person, Charlotte-based team is led by advisors Mitchell Wickham, Greg Cash, Ron Bryson, North Moore, Trevor Hoke and Ray Evans.
04/27/2021
Canadian Western Bank sets sights on HNW entrepreneurs
Integration of T.E. Wealth and Leon Frazer platforms gives bank scale to compete with Big Six, CWB executives say
04/27/2021
SS&C Updates Offer on Acquisition of Mainstream Group
SS&C has agreed to increase the consideration payable under the scheme after receipt by Mainstream of a non-binding indicative cash offer of $2.20 per security from a third party.
04/25/2021
REFILE-Credit Agricole sells wealth management unit in Brazil to Banco Safra
This volume will position Safra as the country's sixth largest asset manager, with 110 billion reais.