Managers of Wealth Americas

Global wealth continues to build beyond Europe

The ultra-HNWI population declined by 4%, and their wealth declined by around 6%.

Saranac Partners launches wealth management service for US persons

The private client advisory firm, focused on ultra-high net worth individuals and families, now offers a comprehensive wealth advisory, investment management, lending solution and tax reporting service to US persons and green card holders residing outside

Peapack-Gladstone to buy wealth management firm

The $4.7 billion-asset company said in a press release Wednesday that the deal, which should close in the third quarter, will be immediately accretive to its earnings

Deutsche Bank in wealth management hiring spree

The company plans to boost the worldwide ranks of its relationship and investment mangers in the wealth management division by about a third, or 300 more people, by 2021, under a plan by Fabrizio Campelli, global head of Deutsche Bank Wealth Management, R

LPL Lures Billion-Dollar Practice from Raymond James

The team previously managed $1.1 billion in brokerage, advisory and retirement plan assets at Raymond James Financial Services, the firm’s independent broker-dealer, LPL says.

Family offices up their game

It is also estimated that there are about 5,300 single-family offices, of which three-quarters are in North America or Europe. In addition, there are many multifamily offices that service hundreds of wealthy families.

Citibank Named “Best Bank for High-Net-Worth Families”

Being recognized by Kiplinger’s as the Best Bank for High-Net-Worth Families for a third-straight year affirms we are building a high tech, high touch relationship with our clients.”

City Commercial Banks Get Go-Ahead for Wealth Management Units

Bank of Ningbo, also in Zhejiang, won regulatory approval to set up a similar unit, the bank said Tuesday.

Parent of Forbes Family Trust Completes Acquisition

The acquisition, which was previously announced on April 25, expands FFT’s relationships with top managers and increases its access to the most promising funds, while offering its comprehensive suite of products and services to Optima’s client

Family offices take hold as ultra-wealthy investor segment grows

“Ten years ago, people didn’t really know what a family office was,” says Chris Clarke, family office director and chief executive officer at First Affiliated, a multi-family office in Collingwood, Ont., that works with about 70 high-net

Envestnet | Tamarac to Support Merrill Private Wealth Management Advisors With Tamarac Reporting®

In addition to aggregated performance reporting, Merrill private wealth advisors will benefit from powerful portfolio analysis, a range of interactive reports on performance metrics, and a customizable dashboard that includes information held at other fin

What's Behind the 'Great Unbundling' of Wealth Management?

The latest thinking on what trends in the world of financial services mean for advisors, other industry players, and the products and services they offer.

Merrill upgrades reporting for its wealthiest clients

The bank hopes to reach ultrahigh-net-worth clients who have complex investing needs, says Don Plaus, head of Merrill Private Wealth Management.

Raymond James adds $420M wirehouse advisors

The new recruits joined the firm’s independent broker-dealer.

Fired UBS Broker Launches RIA Aimed at Pro Athletes

His UBS team dissolved, and the three other team members left UBS for Wells Fargo Advisors in February, Ronnie Brown, a former NFL Pro Bowl running back who had been part of the group, tells the industry news website.

UBS Advisor Named to Forbes' List of Best-In-State Wealth Advisors

Recognition of an exceptional career in Financial Services

Does your firm want a lead—or a customer? by SS&C

This type of lead scoring is also very focused on short-term sales—that is, finding any advisor for sales to call who seems interested enough to buy now.

Boston Private’s Ambitious Growth Plans

The bank hopes to have $50 billion in AUM by 2022

Why Inheritance Is Mostly Overrated As A Reason For Wealth

One measure of the percentage of the wealthy who are self-made is Forbes' own Forbes 400 list

Wall St giants tipped to snap up wealth managers

“We are seeing this trend play out across our client set as well,” Mr Halpern said.

Wealth and Asset Management