Managers of Wealth Americas

A Look into the Giving of Ultra-Hihg-Net-Worth Individuals

Milken Institute report examines ultra-high net-worth philanthropy, offers recommendations to spur giving.

In The Digital Age, A Wealth Manager's Best Sales Tool Is Being Human

The winners of tomorrow – the wealth advisors who succeed in building highly successful bionic sales and distribution functions – will not be those who stumble serendipitously on some goldilocks recipe of human and machine.

Credit Suisse agrees deal to buy into Brazilian digital broker modalmais

Credit Suisse has agreed a deal with digital broker modalmais that could see it buy a stake of up to 35% in the Brazilian company, the Swiss bank said in a statement on Tuesday. Modalmais has nearly 1 million clients, to whom Credit Suisse expects to sel

Ellison Kibler & Associates Makes Premiere On Prestigious Barron's Private Wealth Management Teams List

The annual ranking from financial news leader Barron's is an exclusive list of highly esteemed firms that specialize in serving individuals and families across the country.

Goldman Sachs raises 12-month gold price forecast to $2,000

Goldman has also raised the three-month and six-month price forecasts to $1,800 and $1,900, respectively, from the previous projection of $$1,600 and $1,650.

The Wealth Management Industry May Need to Reevaluate Business Models

Globally, personal financial wealth has nearly tripled over the past two decades, rising from US$80 trillion in 1999 to US$226 trillion at the end of 2019.

Transferring wealth: Establishing trusts for multigenerational succession planning

Due to the excellent and professional experience the client had with Vistra, the Settlor of the Trust decided to contribute additional trust funds to the structure.

Midwest Financial Partners goes independent and launches RIA Octavia

The business will be staffed by 35 employees. They will cater to clients from offices located in Cincinnati, Los Angeles, San Diego and Miami.

WealthManagement.com Industry Awards Finalists Announced

The finalists for the 2020 “Wealthies” include 155 companies across 73 categories to be recognized this year at a live, digital awards ceremony.

Hometown Team: Dynasty Financial Partners Launches New Advisory Firm, Cyndeo Wealth Partners, in St. Petersburg, Florida

Prior to launching Cyndeo Wealth Partners, Mr. Kilgroe worked at UBS.

Aite Group Announces Winners of the 2020 Digital Wealth Management Impact Innovation Awards

Aite Group recognizes six innovative financial institutions leveraging best-in-class initiatives.

LPL Financial Welcomes Summit Street Wealth Management at Bank Five Nine

The program served approximately $200 million in brokerage, advisory and retirement plan assets*. It was previously affiliated with MML Investors Services (Mass Mutual).

BNY Mellon Investment Management Launches BNY Mellon Investor Solutions

BNY Mellon Investor Solutions brings together the full power of our collective enterprise to meet the ever-evolving needs of investors by providing an integrated investment offering—needs that have only been amplified in the current environment.

UBS Sees 11-Fold Surge in Net New Money From Latin America

Itau Unibanco Holding SA has adopted a similar strategy, with its volume in stand-by letters of credit to rich clients more than doubling from a year ago.

Morgan Stanley eyeing deals to get bigger in asset management

In wealth management, Morgan Stanley still expects to complete its acquisition of E*Trade Financial Corp. by the end of the year

Act Analytics and Black Diamond Announce ESG Technology Integration Share Article

Advisors using both systems will be able to better manage ESG portfolios for clients, saving time, ensuring accuracy, and gaining scale as portfolio data from Black Diamond is automatically downloaded into ACT Analytics for ESG portfolio comparison, model

Wealth and Asset Management