Managers of Wealth Americas

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.

Westwood Holdings Group Selects Northern Trust as Outsourced Trading Partner

Our capabilities are a great fit for an investment manager

Campden Wealth and GDA Group Announce Strategic Partnership

This partnership between two organizations, once operating in different verticals, signals a new era of portfolio allocation and asset diversification.

Nicola Wealth Gains Benchstrength with Stallion Financial Onboard

Nicola Wealth brings on Vaughan firm to further grow presence in Ontario

Amundi and BNY Mellon Announce Strategic Alliance to Power Investment Lifecycle

Covering note and multiplier tables for public service pensions in 2021.

Hightower Facilitates a Sub-Acquisition for Lexington Wealth Management

Lexington's addition of Marcus Financial Advisors, with $200 million in client assets, will bring Lexington's total assets under administration to $1.5 billion.

Beacon Pointe Advisors Announces Acquisition of CDA Group and Essex Asset Management

Gaining another state to its nationwide atlas, Beacon Pointe seals two additional deals in the same month

Mercer Advisors Acquires McGee Wealth Management, Inc.

Acquisition of McGee Wealth Management, Inc. (Registered Investment Adviser), Expands Mercer Advisors' Presence in Oregon and Pacific Northwest

CI Global Asset Management Announces Reinvested Distribution for CI First Asset Long Duration Fixed Income ETF

The Reinvested Distribution will not be paid in cash but will be reinvested and the resulting units immediately consolidated so that the number of units held by each investor will not change.

Proteus Adds Model Portfolios and Sub-Asset Class Pools to Alternative Investments Platform

Advisors and investors can use the models and pools to simplify the creation and management of diversified alternative investment portfolios.

Wealth and Asset Management