10/31/2019
Ex-UBS advisers launch new wealth management firm
Independent Wealth Management Firm Parcion Private Wealth Launches to Service High-Net-Worth Business Owners
Wealth and Asset Management
10/31/2019
Swiss Banks Fight for Talent Amid ‘Tsunami’ of Brazil’s Rich
UBS and Credit Suisse both said they’re hunting for more additions as demand surges for financial advice and new types of investments in the South American nation.
10/31/2019
HighTower Advisors Cuts Deal for $1B RIA
Although HighTower’s deals this year have all been for firms with at least $1 billion in assets, the company likely will engage in smaller transactions going forward, Oros tells InvestmentNews.
10/31/2019
FactSet Launches Digital Portals for Retail Banking and Wealth Management Industries
New products allow clients to offer personalized market data and portfolio analytics direct to customers
10/30/2019
Sanctuary Wealth buys NorthView in debut purchase
Sanctuary founder and CEO Jim Dickson said: “Today we are pleased to announce our presence in the M&A space with the addition of a terrific team.
10/30/2019
BofA to pay special bonuses for third year after strong earnings
Bank of America posted four quarters of record net income starting in mid-2018 before snapping that streak in the third quarter with an impairment charge linked to its exit from a payments joint venture.
10/29/2019
What Is A Family Office And Do I Need One?
Although many wealth advisory firms provide some family office services
10/29/2019
Profit down for HSBC Bank Canada in Q3
Retail banking and wealth management enjoyed revenue growth
10/29/2019
Natixis Model Portfolios added to Merrill Lynch Investment Advisory Program
The strategic allocation for the models is made of high conviction, actively managed strategies and is rebalanced annually, while tactical views are applied mainly through passive strategies with a three to six month outlook.
10/29/2019
New Roy Morgan Report Fills the Information Gap on Australians’ Net Wealth
By calculating total personal assets and subtracting total personal debt
10/29/2019
LPL, Raymond James led gains in adviser headcount last quarter
Meanwhile, the number of advisers at the wirehouses continues to slip
10/28/2019
A Wealth Tax Requires Calculating Wealth Properly
The very fact that people may have to liquidate assets in order to pay taxes that are due is a scary enough prospect.
10/28/2019
Rachel Wilson: Cyber Cop at Morgan Stanley Wealth Management
And she reveals how a bunch of cyber criminals “in a basement somewhere in Tehran” drew her to Wall Street.
10/26/2019
LPL Super OSJ Integrated Partners Adds $200 Million RIA
Founded in 1996, Waltham, Mass.-based Integrated Partners rebranded from Integrated Financial Partners in April, according to the company.
10/24/2019
Morgan Stanley Wins Three Industry Awards
Modern Wealth Platform (WealthDesk), Portfolio Risk Platform and Morgan Stanley Impact Quotient are cited
10/23/2019
12 Top US Wealth Management Firms
The firms were measured by client assets per firm, defined as discretionary and advisory assets under management as well as non discretionary brokerage assets and non discretionary assets that are held in custody-only accounts for private clients.
10/23/2019
More Focus by 'Family Office' Investors on Real Estate is Boosting the Demand of Luxury Real Estate in Miami
This is mainly because family offices are doubtful about the ability of hedge funds to protect funds in times of economic slowdowns.
10/23/2019
Broadway Bank’s Wealth Management Team Delivers Innovative Solutions, Personal Service
Broadway Bank’s decades of success in wealth management have been built upon its core philosophy of a “you-focused” approach, which puts clients and their needs at the forefront of the bank’s mission.
10/22/2019
Canaccord Genuity completes Australian deal
Business combination creates a leading Australian financial services firm with an expanded national footprint and a powerful offering for its combined clients
10/22/2019
UBS Advisor Michael S. Matthews, Named to Forbes List of America's Top 100 Wealth Advisors 2019
Recognition of an exceptional career in Financial Services