Managers of Wealth Americas

PAM Awards: Mack International Receives 6th Nomination for Best Family Office Consulting Firm

Ms. Mack has built her career serving family offices, family investment firms and family enterprises

RBC accelerates recruiting streak with latest addition from Wells Fargo

Some of RBC’s recent recruits include a team managing $200 million from Wells Fargo, a Morgan Stanley advisor managing $180 million and a $610 million team from Merrill Lynch.

Raymond James, Ameriprise Embrace Broker Protocol

The company “remains committed to supporting the agreement, as we believe the integrity of the adviser-client relationship is integral to putting clients’ interests first.”

Signature Family Wealth Advisors Nabs Massey Family Office

In the event, Massey and his family members decided a commercial partner -- specifically Signature Family Wealth Advisors, a multifamily office -- best met these needs.

Citi Private Bank Sponsors Motor Racing Legend

He led the race for 27 laps and achieved the fastest average lap-time of any driver.

UBS to merge US, international wealth management divisions

UBS said its American wealth management business would be merged with its international wealth management division with effect from February 1.

RBC Wealth Management Joins Ellevate Network to Mobilize Women

RBC is also a sponsor for Ellevate’s upcoming Mobilize Women Summit in June 2018.

UBS wealth merger creates £1.7trn powerhouse

The bank said it will maintain the regional client variations in its client service model, while middle- and back office functions will be more closely aligned and integrated.

Noyes Launches Family Office Practice

Noyes Acquires Chicago Based Kiely and Associates Tax and Accounting Practice

Merrill Lynch Launches Wealth Management Banking Suite

The brokerage is also hiring more banking specialists to work with its advisors.

The King Group – Merrill Lynch Wealth Management provides top-ranked financial advice, financial support

“Our success is the result of tailor-made strategies, precisely executed within a partnership environment,”

Private Ocean acquires Seattle-based RIA

Lakeview will now operate as Private Ocean and continue to operate in its current location in Seattle.

DeVere returns to Latin America with ‘highly ambitious’ relaunch

“It is an entirely new operation today,” the spokesperson said.

TD Ameritrade Institutional unveils new platform to streamline investment management

The models presently available on the platform include ETFs and mutual funds.

The High Costs of Low-Fee Investments

These “hidden costs” include things like oversimplifications of risk preferences and a misalignment with investor profiles

Bank of the West Wealth Management have been recognized by two prominent annual industry awards

Named Best Bank for Entrepreneurs in Professional Wealth Management/The Banker Global Private Banking Awards

Wells Fargo wealth unit profit rises to $659m in Q4

The division’s client assets at the end of 31 December 2017 totalled $1.9 trillion, a jump of 11% compared to the end of December 2016.

Massey family fortune aligns with Norfolk wealth management firm

The transition takes some of the load of managing the undisclosed sum off the shoulders of Massey, who said he’s been running his side of the family’s finances since his father died in 1994

Citigroup reports $18.3-billion loss on tax charges

This charge is comprised of $19 billion related to the re-measurement of Citi's deferred tax assets arising from a lower U.S. corporate tax rate and shift to a territorial tax regime

The 10 biggest charitable donations of 2017: who was the most generous with their cash?

The 10 biggest gifts in 2017 totaled $10.2bn, more than double the amount in 2016, when the figure was around the $4.3bn mark.

Wealth and Asset Management