04/25/2024
Morgan Stanley Names 10 Women and an Ally as their MAKERS Class of 2024
Nominations were solicited from employees across Morgan Stanley Wealth Management.
Wealth and Asset Management
04/25/2024
SEI Reports First-Quarter 2024 Financial Results
Diluted earnings per share were $0.99 in first-quarter 2024 compared to $0.79 in first-quarter 2023.
04/25/2024
Quilter and Canaccord hit by stricken AIM stock which tried to sue Tesla
Shares in Australian capacitor company Cap-XX have fallen 99% over three years due to a litany of issues.
04/24/2024
LV= completes its transition to BlackRock as primary asset manager
The transition to BlackRock is part of a wider business strategy to broaden LV’s distribution and investment capability, aligning with LV's ambition to deliver enhanced value for our members.
04/24/2024
HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Flagship Wealth Center at Hudson Yards
New U.S. Head of Wealth and Personal Banking Racquel Oden Announces Launch of Latest Wealth Center Alongside U.S. and Americas CEO Michael Roberts
04/24/2024
UBS’s Drew Freides and Michael Kanigher Named to Forbes Best-in-State and Top Wealth Advisors lists
Together with their team, Mainsail Wealth Partners, Drew and Michael are responsible for managing over $8 billion in invested client assets for ultra-high net worth individuals and families.
04/24/2024
Former CFA Society Colorado President Tom Riley Recruited to Join Alpha Capital Family Office
Denver-Based Outsourced Family Office Recruits Wealth Management Advisor to Directly Oversee Management of UHNW Client Assets Amid Growing Dissatisfaction in Industry with Private Banks and Major Brokerage Firms
04/23/2024
Ritholtz Wealth Management Expands National Presence with Opening of New Los Angeles Office
Firm with holistic approach to wealth management now serves clients from coast to coast with 11 offices
04/22/2024
Wellington inks distribution deal with SCPB
Standard Chartered Private Bank will distribute Wellington Management's Credit Total Return fund.
04/19/2024
Gary S. Williams of Williams Asset Management Honored in Forbes Best-In-State Wealth Advisors List for 2024
This marks the sixth year in a row of being named to this prestigious list of financial advisors.
04/18/2024
Smead Capital's contrarian oil bet piques private bank interest
The $6bn US value house has been a long-term backer of the out-of-favour sector, which is now catching the eye of private banks looking to diversify away from the Magnificent Seven.
04/18/2024
Kinsted Wealth selects Objectway for enhanced and fully integrated client and investment management platform to drive growth
This solution will enable Kinsted Wealth to improve client experience with a 360° client view
04/17/2024
Living with US inflation
It’s increasingly probable that the Fed will make minimal adjustments to rates – or perhaps none at all.
04/17/2024
Morgan Stanley First Quarter 2024 Earnings Results
Morgan Stanley Reports Net Revenues of $15.1 Billion, EPS of $2.02 and ROTCE of 19.7%
04/16/2024
Sanctuary brought in $4.9m through asset manager partner program in 2023
Sanctuary made the money via a strategic partnership program, sources told Citywire.
04/15/2024
Diversify Advisor Network Adds $645 Firm To Partner Platform
Delaware-Based Key Advisors Transitions From Independent To Employee Model
04/15/2024
These Are the Consequences of the Cash Problem of Private Banks
Swiss private banks felt the impact last year. In addition to the strong Swiss Franc, it was this flight to cash that caused their revenues from commission-based business to collapse.
04/15/2024
Carlos Torres Vila opens the BBVA Global Wealth Advisors office in Miami
Last Friday, the Chair of BBVA formally opened the new Miami office of BBVA Global Wealth Advisors (GWA), BBVA’s U.S. registered investment advisory unit. Carlos Torres Vila met with the team at this new office, comprised of over 30 professionals.
04/12/2024
James Gorman pivoted to 'wealth management' to save Morgan Stanley after the 2008 financial crisis
The report was enough to immediately send Morgan Stanley shares (MS) down on a day when markets were up.
04/12/2024
UBP House View - April 2024
This has bolstered the Bank’s confidence in the Swiss and UK markets, which have been lagging behind the US indices.