04/27/2017
Bank founder leaves charitable legacy
Foundation gives donations to over 300 organizations
Wealth and Asset Management
04/27/2017
Boston: Impact Investing's New Hub?
There is a strong case to be made for Boston to become impact investing’s center.
04/27/2017
Desjardins ‘Open for Business’ on Deals Beyond Quebec, CEO Says
CEO targets deals up to $2.2 billion to push beyond Quebec
04/27/2017
Withum and PWM form Withum Wealth Management
Withum Wealth will service Withum clients exclusively as an affiliate of Pinnacle Associates
04/27/2017
Invesco's assets up despite outflows
Invesco's money market business experienced net outflows of $8.1 billion in the quarter vs. net inflows of $1.1 billion in the previous quarter and net inflows of $3.8 billion in the year-earlier quarter.
04/26/2017
15 Poorest States With The Fewest Millionaires Per Capita
Liquid financial assets are cash and all other assets that can be easily turned into cash.
04/26/2017
Client AUM reaches record high at Raymond James
Earnings during the quarter were negatively impacted by the previously announced legal settlement, acquisition-related expenses, and the acceleration of unamortized expenses due to the extinguishment of senior notes.
04/25/2017
TIGER 21 Expands North American Presence With Launch Of Nashville Chapter
A firm that provides a cost-effective and sustainable way for financial advisors to transition to the independent RIA channel.
04/24/2017
Standard Life Aberdeen powerhouse eyes US market for expansion
Aberdeen’s chief executive Martin Gilbert has been clear for example, that we’d like to do better in the United States.
04/20/2017
Wealth management revenue, profits jump at U.S. Bank
Revenue from wealth management was up 6% year-over-year and up 2% from the prior quarter.
04/20/2017
In Banking, Wealth Lags Retail in Digital Capabilities
Over the past year, bank-housed wealth products saw a 41% increase in digital readiness as compared to a 39% increase in digital readiness for personal banking products.
04/19/2017
Marilyn Suey Launches New Firm, The Diamond Group Wealth Advisors
The Diamond Group Wealth Advisors teams up with The Financial Services Network to expand their footprint in Northern California
04/19/2017
Bank of America's wealth revenue rises on assets under management, fees
The unit's pretax profit margin, a key metric that can show growth across business segments, rose to 27 percent from 26 percent a year earlier.
04/19/2017
Pinnacle Wealth Brokers Selects Univeris' Exempt Market Platform as FinTech Partner
Pinnacle Wealth Brokers, one of the largest exempt market dealers (EMD) in Canada, selects Univeris as its back-office business and compliance software provider
04/19/2017
Massey Quick and William E. Simon & Sons Announce Merger
Massey Quick Simon to offer expanded suite of services to high-net worth families, endowments, foundations and family offices.
04/19/2017
Morgan Stanley Posts Strong 1Q Profit, Helped by Trading
After Goldman Sachs reported a disappointing first-quarter profit on Tuesday, largely due to lackluster trading, there were concerns that Morgan Stanley might be in a similar position.
04/19/2017
BMO Global Asset Management Launches Second Season of Advisor Podcast Series
There is a degree of uncertainty facing the financial markets and advisors' practices this year.
04/17/2017
Maniford Wins Best Asset Management Firm Award at the Chicago Wealth Awards
This award comes hot on the heels after the recent launch of the critically acclaimed Maniford Integrated Commodity High Yield Fund
04/17/2017
Embrace Technology or Risk Losing Next Generation of Clients
Digital solutions can enhance advisory services for firms and clients
04/13/2017
Citi earnings beat, profit jumps 17%
Net Income of $4.1 Billion