04/24/2019
In connection with the closing of the merger, Daniel Morrison, the former Chairman, President and CEO of Optima, is expected to be appointed to the Boards of Directors of Cambridge Bancorp
04/24/2019
The business had revenue of $685.00 million during the quarter, compared to analyst estimates of $673.35 million. Lazard had a return on equity of 50.62% and a net margin of 18.27%.
04/23/2019
Analyzes which asset classes are favored by Canadian investors and how their preferences impact the growth of the total savings and investments market
04/23/2019
Beyond that, we spoke to Rebecca Rothstein of RVR Group — the highest-ranked female wealth manager on the Forbes list — about a crucial shift she recently made to her investing approach.
04/23/2019
This is the fourth consecutive year that brothers Chris Cooke and Brian Cooke have been named to this select list.
04/18/2019
The firm's 15,708 advisor headcount was almost flat from the previous year, reflecting Morgan Stanley's plan to focus on organic growth rather than recruitment to grow its wealth business.
04/18/2019
Wealth management is the consultative process of meeting the needs and wants of affluent clients by providing the appropriate financial services and products.
04/18/2019
As part of the transaction, NBIM has also agreed to acquire a 48 percent interest in two to-be-constructed assets adjacent to two of the existing assets in the portfolio, currently solely owned by Trinity Church Wall Street, the fund added.
04/18/2019
New technology is opening the horizons of wealth managers that historically catered solely to the upper echelons of the world, allowing them to look to other segments to grow revenues.
04/17/2019
Some 11% of new client relationships for Merrill advisors came from referrals in other parts of the bank in 2018, and that level could rise this year.
04/17/2019
Greater Cleveland-area acquisition supports MAI’s growth initiative
04/16/2019
“We will pursue partnerships to engage the mass market,” Goldman Chief Executive David Solomon said on a conference call with analysts after the company reported first-quarter results that failed to meet analysts’ revenue expectations.
04/16/2019
Landmark Milestone Underscores Strength and Success of SEI's Global Wealth Management Solution
04/16/2019
Diversity is foundational not only to how we do business, but to how we invest, said Chief Investment Officer Bob Browne, CFA.
04/16/2019
By the end of this year, the company plans to have around 6,500 advisors globally
04/16/2019
One group serves as proprietary trading vehicles for the 63-year-old founder; the other holds outside capital as well a smaller portion of Paulson’s money.
04/15/2019
New Division Expands Sanctuary’s Range of Investment Services for Advisors, Their High-Net-Worth Clients, Institutions, and Foundations
04/12/2019
The technological advancements in Artificial Intelligence (AI) have enabled the platforms to provide services
04/12/2019
On the monetary policy front, the ECB has pumped trillions of euros into the economy over the past few years to boost inflation and promote growth.
04/12/2019
It will allow the bank to keep operating, but dividend payments, new investments, and new board appointments will be prohibited.