09/02/2020
Pictet breaks new ground in Shanghai and NYC despite flat profits
AUM dropped to CHF 559bn.
Wealth and Asset Management
09/02/2020
The 'S' Is Gaining Importance In ESG Investing
The social concerns are manifesting themselves for investors in the way they now view companies’ performance in the pandemic.
09/02/2020
Merrill adds models from eight new asset managers
The eight new asset managers join BlackRock, JP Morgan Asset Management, Franklin Templeton, and Natixis Investment Managers, which launched a combined 40 model portfolios on the Merrill Lynch investment advisory program in October 2019.
09/02/2020
Wealth Enhancement Group : Announces Acquisition of CJM Wealth Management, Continues Strategic Growth by Expanding Footprint in New York Metro Area
CJM Wealth Management is Wealth Enhancement Group's 33rd office nationwide and its fifth office in the Tri-State area. CJM Wealth Management was represented by Park Sutton Advisors.
09/01/2020
$1.2B UBS Team Jumps to Raymond James
Three ex-wirehouse advisors come on board in Kansas City at a new location for the firm's employee channel.
09/01/2020
JPMorgan Signs Private-Banking Agreement With Bradesco
Deal lets the biggest U.S. bank refer wealth clients in Brazil
09/01/2020
Seasons of Advice Wealth Management to Join Focus as a New Partner Firm
Seasons of Advice was founded by Charles Hamowy, Christopher Conigliaro and Matthew Woolf in 2017.
08/28/2020
Hightower invests in $1.7bn RIA Argent Wealth Management
Hightower’s assets under administration and assets under management were around $75.7bn and $56.7bn, respectively, at the end of June 2020.
08/27/2020
BNY Mellon Tells Most Employees to Work Remotely Until January
BNY Mellon’s plan bucks a trend in which many banks have been inviting workers back -- albeit at limited capacities -- with plans to accelerate office reopenings after L
08/27/2020
Wealthy Women More Likely To Drop Advisors For Bad Service
The firm tracked financial advisers’ eyes during meetings and found that both male and female advisers looked at men more than 60% of the time when speaking with heterosexual couples.
08/27/2020
CIBC Wealth Management takes a hit in Q3 2020
Reported net income for CIBC as a whole was $1,172m in Q3 2020, a 16% drop year-on-year and a 199% plummet from the last quarter.
08/26/2020
Taxes and Tantrums: How the US Election Could Impact Investors by Coutts
The potential positives and pitfalls as Trump and Biden go head to head
08/26/2020
Advisor360° Introduces New Insurance Application for Wealth Management Enterprises
The Advisor360° platform now provides broker-dealers with enhanced insurance capabilities, helping their advisors to grow their businesses.
08/26/2020
Financial Advisors Seeking Independence and Support Join Ameriprise
Advisors say Ameriprise’s “technology has already proven its worth” amid the pandemic
08/26/2020
Eight Hightower Advisors Honored on Forbes' 2020 Ranking of America's Top Wealth Advisors
The ranking for the 2020 Forbes list of America's Top Wealth Advisors was developed by SHOOK Research.
08/26/2020
Scotiabank wealth unit shows resilience amid Covid-19 turmoil
Net interest income rose 1% year-on-year to C$145m. Non-interest expenses dropped 3% to C$700m from C$721m.
08/26/2020
How These Morgan Stanley Partners Are Changing The Diversity Narrative In Wealth Management
Based in Los Angeles, CA, the majority of their wealth management clients are CEO’s, entrepreneurs and high-net worth individuals tied to entertainment and sports.
08/26/2020
Morgan Stanley Wealth Management Launches Women Without Limits
Through women-focused educational financial content and resources, Women Without Limits provides education and professional guidance for female clients in their journey to developing financial security and independence.
08/25/2020
Rockefeller Capital Management Expands into Arizona
Legacy Family Wealth Team Joins New Rockefeller Office in Scottsdale
08/25/2020
44 Wealth Management Joins the tru Community
The latest breakaway firm to join this fast-growing business platform