Managers of Wealth Americas

$36B wealth manager eyes credit union expansion with LPL

Bank and credit union investment programs increasingly are seeking to outsource compliance and operational tasks while dropping their own BDs and RIAs or cutting them drastically.

The Coury Firm Expands its OCIO Offering to Institutional Investors

The multi-family office's Asset Management division expands its Outsourced Chief Investment Office (OCIO) services with a focus on small- to medium-sized foundations and single family offices

Mercer Advisors Acquires AFI Wealth Strategies

Acquisition of AFI Wealth Strategies Increases Mercer Advisors' Central United States Presence

Banks Develop In-House Family Office Solutions For Digital Differentiation

A handful of banks have combined the latter approach with a quest for digital excellence and are offering UHNWIs and family offices a full suite of in-house digital services built on innovative, end-to-end technological solutions.

Lost Fortune Pits Rich Russian Against Rothschild in New York Court

Oil magnate Sergey Bogdanchikov claims the bank lost half his $150 million portfolio in a kickback scheme.

CIBC announces minority investment in Loop Capital

Agreement strengthens North American reach of CIBC's Capital Markets business and supports Loop Capital's growth ambitions

$800 Million International Wealth Advisor Joins Snowden Lane Partners

Led by Former Wells Fargo Vet, Tony Esses, The Esses Group Is the Seventh New Team to Join Snowden Lane This Year

Hightower's Pamela Rosenau of the Rosenau Group Honored on Barron's 2021 List of Top 100 Women Financial Advisors

She has achieved significant accomplishments for her clients and her practice over the years, and I'm honored to congratulate her on yet another notable accolade.

Richardson Wealth Selects Envestnet for Portfolio Management Tools and a Unified Managed Account Platform

Envestnet allows us to expand our definition of advice and address our clients’ entire financial lives in an intelligent, connected way.

J.P. Morgan Asset Management Acquires Campbell Global, a Leading Player in Forest Management and Timberland Investing

Provides direct access to Forestry sector and alignment with UN Sustainable Development Goals and Principles of Responsible Investing

Global Wealth Report 2021

Credit Suisse Research Institute published its twelfth Global Wealth Report showing continued wealth growth

Effects of COVID on household wealth

The short-term consequences of the COVID-19 pandemic for household wealth are now much clearer than they were last summer.

Northern Trust Surpasses $1 Trillion in Defined Contribution Assets Under Custody and Administration

“Through participation and leadership at a global level, we aim to bring value to the industry and regulatory bodies to help to drive better solutions and enhance participant retirement outcomes.”

Mercer's 2021 Cost of Living city ranking

Compared to last year, Tokyo and Zurich each dropped one spot to fourth and fifth positions, respectively.

Much Fuss About Dots

Analysts’ forecasts for current year earnings continue to rise, and we are only a few weeks away from the pre-announcement season when we scope for further upgrades.

Europe dominates, China rises, and the US remains stable in 2021 World Competitiveness Ranking

Western European countries lead in the 2021 rankings, reflecting the resilience of economies in the face of the global COVID-19 health crisis.

Stratos Wealth Enterprises Makes Strategic Investment In Summit Wealth Partners

Stratos Wealth Enterprises is under the umbrella of Stratos Wealth Holdings.

SEI Announces New Strategic Alignment of Advisor Business

Independent Advisor Solutions' management team will now be aligned to the key drivers of business growth for financial advisors.

Richardson Wealth Selects Envestnet

Envestnet allows us to expand our definition of advice and address our clients' entire financial lives in an intelligent, connected way.

Wealth Enhancement Group acquiring $446M Frederick County investment adviser

Wealth Enhancement Group has been on a buying spree lately.

Wealth and Asset Management