Managers of Wealth Americas

Boston Private Releases Survey on Threats to Family Offices

Wealthy families and family offices have long been targets for various threats, but the variety and complexity of those threats are growing dramatically.

Merrill Wealth Slowly Eases Out of Covid Slump

“Net client flows” across the division fell 61% to $1.39 billion from the second quarter and were 75% lower than the $5.52 billion advisors attracted in last year’s third quarter.

Appetite for ESG accelerates during pandemic: Royal Bank of Canada survey

This trend was also evident when respondents were asked about the ability of ESG integrated portfolios to generate long-term sustainable alpha and to mitigate risk.

Luminary and UBS Wealth Management USA Announce the Launch of the UBS x Luminary Fellowship Program

Program aims to support companies founded by women of color who have been adversely affected by the COVID-19 pandemic

Goldman Sachs' Digital Bank to Get a Know-How Injection

Talwar now aims to rebuild the digital bank into a financial platform, with the focus put on additional banking services and digital investment opportunities.

Bank of America shares dip as the lender, pressured by low rates, misses on third-quarter revenue

That squeezes the spread that banks earn by taking in deposits and making loans.

LPL Financial Selected as Finalist for MMI’s Wealth Manager Platform of the Year Award

MWP is LPL’s premier centrally managed platform offering fully diversified mutual fund/ETP models and guided by 15 institutional portfolio strategists, including LPL Research.

Wealth management firms must walk the walk, says investor advocate

Response to IIROC consultation calls for industry to go beyond stock selection and traditional risk profiling, among others

JPMorgan Chase posts surprise jump in profit on lower credit costs

Those improvements and a 9% gain in investment banking fees led to the most profitable quarter of 2020.

Third Quarter 2020 Results and Key Metrics

Revenues decreased 7% from the prior-year period

Wealth Management Companies You Can Trust, According To Their Clients

The six trust traits are the quality of products and services, commitment to protecting privacy and security, ethical practices and values, fair pricing and fees, customer service, and customer treatment.

Mercer Global Advisors acquires Covington wealth management firm

Mercer Global Advisors was established in 1985 and has $21 billion in client assets.

Maintaining Prosperity During Turmoil byJohn Vail, Nikko Asset Management

Investment Insights by our experts and thought leaders

Mass affluent growth leads progress in scalable solutions

Olsen observes how the technology challenges asset managers face in Singapore and elsewhere are hard to generalise, since they largely depend on the nature of the particular business.

Wealth Enhancement Group Buys $923M RIA In Upstate New York

The release noted that the firm specializes in helping families, business owners and other professionals protect and grow their assets, solve complex financial challenges and retire with confidence.

Global Economics Intelligence executive summary

As China returns to near-normal activity, many economies experience an industrial revival led by manufacturing and trade; the public-health crisis remains an impediment to faster growth.

BNY Mellon Report Assesses the Impact of the COVID-19 Pandemic on Capital Markets

The CMI consists of all of the components that make the flow of money across global financial markets possible.

Morgan Stanley to Acquire Eaton Vance

The acquisition advances Morgan Stanley’s strategic transformation with three world-class businesses of scale: Institutional Securities, Wealth Management and Investment Management.

Dorsey & Whitney Trust Company and Hills Bank and Trust Go Live on the SEI Wealth Platform in a Fully Remote Environment

Readiness and Trusted Strategic Partnership at the Root of Successful Virtual Client Implementations

Covid-19 Wealth Impact: The World Ultra Wealth Report 2020

The report also reveals a significant decline in wealth from this population in early 2020 due to the impact of the COVID-19 pandemic.

Wealth and Asset Management