12/11/2019
Independent wealth advisory is buying TriVest Wealth Counsel
The creation of Private Counsel also introduces a new way of growing for Wellington -Altus.
Wealth and Asset Management
12/10/2019
Invesco founder and former CEO Charles W. Brady dies at 84
Charles Brady was chairman emeritus of the current Invesco corporation since May 2006.
12/10/2019
MAI Capital rolls up boutique financial planner Rodman Capital
Rodman has about $90 million in assets under management (AUM) in 32 accounts
12/10/2019
Linda C. Mack is the 2019 recipient of The Family Wealth Alliance ‘Leadership Award for Lifetime Achievement’.
Linda C. Mack accepted the ‘Leadership Award for Lifetime Achievement’ from The Family Wealth Alliance during their Fall Forum held in Chicago on October 17, 2019.
12/10/2019
Stifel Financial to sell asset management subsidiary to 1251 Capital Group
The deal, however, does not cover fixed income assets of $1.9bn.
12/09/2019
Donald Marron, Paine Webber CEO Who Sold to UBS, Dies at 85
He never made it home.
12/09/2019
Goldman Sachs to offer wealth management from $5,000
Duran said the service will allow Goldman Sachs to create solutions for clients with as little as "$5,000, $10,000 or $15,000" to invest.
12/06/2019
The Power of Integration : All the Right Connections
Instead of trying to build everything in-house, we focus on delivering your firm the best wealth management platform in the industry, then partner with providers of complementary advisor technologies that are both proven and popular.
12/05/2019
RBC to ratchet up efforts to turn Ventures users into banking clients
Royal Bank has established ties with 3.2 million Canadians through its apps
12/05/2019
UBS Mega-Team in L.A. Joins RBC Wealth
The sources said that despite their large book, the advisors chose not to affiliate with UBS’s private wealth management division for very wealthy clients.
12/05/2019
Conte Wealth Advisors Opens York Office
The York office represents the seventh CWA office with the rest spread across Florida and Pennsylvania.
12/04/2019
Wealth management giant acknowledges decade of historic growth ahead for EVs
Merrill Lynch’s investment research points to smart-money bullishness on electric vehicle adoption, with commercial fleets leading the way
12/03/2019
Wealth firm deepens private pools with new partnerships
Wellington Management will serve as a sub-advisor iProfile International Equity Private Pool, with a primary focus on large-cap equities.
12/03/2019
LPL Financial Welcomes Gatewood Wealth Solutions
At Gatewood Wealth Solutions, each client family has a professional four-member team dedicated to making sure their plan is on track, efficient and relevant.
11/29/2019
Trillions will be inherited over the coming decades, further widening the wealth gap
“It’s a historically unprecedented amount that is almost incomprehensibly large.”
11/27/2019
Scotiabank’s Wealth Drive Pays Off With Boost to Earnings
The country’s Big Six lenders are expected to post adjusted earnings growth of 4% for the period, the median of estimates compiled by Bloomberg Intelligence.
11/27/2019
How to enhance M&A deal value in the wealth and asset management sector
The wealth and asset management sector is undergoing unprecedented levels of change driven by evolving demographics and customer expectations, ongoing technological disruption and globalization.
11/27/2019
CI Financial acquires majority stake in RIA
The transaction is the first step in CI's initiative to build a significant and growing presence in the U.S.
11/26/2019
Euromoney to buy Wealth-X
The acquisition is expected to enhance group revenue growth and be earnings accretive for Euromoney in its current financial year and deliver a ROI above its WACC in the first full financial year.
11/26/2019
Boston Private Opens New San Francisco Office
The two offices currently house 35 employees, with plans to expand headcount. The offices are led by John Longley, who joined Boston Private as President of Western Region in September of 2019.