Managers of Wealth Americas

5 reasons to use fewer service providers by Broadridge Analytics Solutions

It’s easy for firms to gradually engage more and more providers – each providing a niche service – up to the point where they end up with dozens on the books.

Goldman’s consumer bank will take longer to break even, CEO says

More new consumer products could follow, as the firm that long epitomized Wall Street seeks to become the primary bank for millions of Americans.

iA Financial launches iA Private Wealth brand

iA Securities and HollisWealth have merged, creating a $40-billion IIROC platform

To Everything (Turn, Turn Turn) by Oppenheimer & Co.

Vaccine distribution and The Inauguration in Washington move to center stage

BMO Recognized with 2021 BIG Innovation Awards for Digital Leadership Franç

The bank received an award for its development of a new digital solution aimed at simplifying charitable donations.

Global Hedge Funds Struggle Even in a More Open China Market

Regulators face battle to attract capital without adding risk

President Biden - And Now For Something Completely Different

As much as putting money into people’s pockets is essential, they also have to have the confidence to spend it. Hence the stimulus programme must work in tandem with the rollout of the vaccine.

Citigroup Q4 profit down 7%, revenue drops by 10%

Net Income of $4.6 Billion ($2.08 per Share)

Exchange Thoughts - 2020 Year In Review: Laying the Groundwork for a Breakout in Active ETFs

Through it all, it was a year for the record books: the U.S. ETF market took in a record $507 billion in new assets through year-end.1 It has been a wild ride for sure, but it could turn out to be just the beginning.

Merrill’s New Household Growth Fell 40% in 2020–Sources

Account growth totals may have climbed slightly higher in the closing days of the year after the call.

Rockefeller Capital Management Announces Partnership with PGA Tour Golfer

Mitchell to debut the Rockefeller Capital Management brand at Sony Open in Hawaii this weekend

North American Wealth Managers Have Not Fully Embraced AI

In addition, 85% of surveyed executives believe AI is more hype than reality.

Citi Unifies Global Wealth Management Business

“Citi Global Wealth” to Deliver Full Spectrum of Products and Services Globally

JPMorgan, Nation’s Largest Bank, Posts Record $12.1 Billion Profit–Shattering Expectations Despite Pandemic Highs

The financials industry was one of the hardest-hit sectors during the pandemic

Hill Investment Group to Join Focus as a Partner Firm, Further Strengthening Focus' Presence in the Midwest

Hill is respected as one of the outstanding boutique, evidence-based firms in the country.

How firms should handle Spacs as they eye wealth management

Though they have been around in some form since the 1990s, Spacs have grown in popularity in recent years.

Citi Unifies Global Wealth Management Business

“Citi Global Wealth” to Deliver Full Spectrum of Products and Services Globally

EFG readies AT1 with eye on capital enhancement

The AT1 is being launched in conjunction with an any-and-all tender offer for EFG's US$400m 5% Tier 2 notes, which mature in 2027 and are callable in April 2022.

PE-backed Mercer Advisors acquires Rowland Carmichael Advisors

Like Mercer Advisors, RCA is a multi-family office of financial experts who have acquired generations of knowledge and diverse skill sets to provide industry leading financial guidance for their clients.

Free advice on ESG to encourage clients towards socially responsible investments

In June last year, deVere revealed that 26% of clients around the world are eyeing exposure to or are now part of the ESG megatrend.

Wealth and Asset Management