Managers of Wealth Americas

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

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.

Conte Wealth Advisors Opens York Office

The York office represents the seventh CWA office with the rest spread across Florida and Pennsylvania.

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

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.

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.

Trillions will be inherited over the coming decades, further widening the wealth gap

“It’s a historically unprecedented amount that is almost incomprehensibly large.”

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.

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.

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.

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.

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.

Northern Trust Asset Management Selects Eleven Firms for Minority Broker Program

The firm has been cultivating relationships with minority-owned investment management firms and brokers for more than a decade.

Charles Schwab to buy TD Ameritrade

Under the terms of the transaction, all TD Ameritrade shareholders, including TD, would exchange each TD Ameritrade share they own for 1.0837 shares of Schwab

Atria Wealth Solutions To Acquire Independent Wealth Management Firm

Atria adds new affiliation option; approaches 2,500 advisors.

Cypress Wealth Services Exceeds $1 Billion in Assets Under Management

Growth is important to the overall vision of Cypress Wealth Services

UBS recruiting sweep nets advisors with more than $1.8B

Michael McVicker, who serves as head of business and change management, told employees in the memo that “we are having success across the country with recruits of all sizes from various types of firms.”

Amerant Acquires Mercantil Bank and Trust (Cayman)

Acquisition furthers wealth management platform expansion strategy

Morgan Stanley tweaks brokers’ core payout formula to boost revenue

Financial Advisor IQ quoted Morgan Stanley Wealth Management field management head Vince Lumia as saying that the new comp plan “is focused on rewarding growth that will be achieved by deepening relationships, adding new clients and delivering a sta

There's a 'turf war' coming in financial advice

Financial advisers may find it harder to compete as large firms encroach more on mass-affluent customers, says Fidelity's Michael Durbin

Wealth and Asset Management