08/29/2017
Wealth Managers Prepare for Coming M&A Surge
Timing can mean everything, and buyers are preparing to pounce.
Wealth and Asset Management
08/29/2017
RBC Vision Fossil Fuel Free Global Equity Fund launches
"RBC Global Asset Management has offered socially responsible investment solutions to Canadian investors."
08/29/2017
Lindsay Jacoby, Oppenheimer Recruiter, Dies of Apparent Suicide
She also ran her own recruiting firm, Jacoby Staffing, in New York, according to its website.
08/29/2017
Why The Ultra-Wealthy Prefer Multi-Family Offices
What is clear is that the ultra-wealthy want what a well run multi-family office can deliver.
08/29/2017
Bank of Montreal tops forecasts on retail, wealth management gains
All of our businesses are well-positioned for continued success
08/28/2017
Halite Partners Launched To Serve UHNW
Halite Partners will seek growth through acquisitions, with a goal of adding one new firm a year under the Halite brand.
08/28/2017
New investment service launched for advisers
Both CommSec Adviser Services and Colonial First State will offer Portfolio Service, which provides advisers with access to a range of investments and products through an online portal.
08/25/2017
Wealth Transfer …. What Wealth Transfer?
Robert F. Sharpe, Jr. addresses why there’s been little increase in wealth transferred to charities through estates in recent history.
08/25/2017
Canadian banks want bigger piece of U.S. wealth management
During quarterly earnings calls this week, two Canadian banking giants — Royal Bank of Canada and Canadian Imperial Bank of Commerce — outlined plans to expand their U.S. wealth divisions and turn up the heat on their stateside peers.
08/25/2017
J.P. Morgan to open first private bank office in Charlotte
The company is relocating an initial team of six bankers to Charlotte from Atlanta and New York.
08/24/2017
Sallie Krawcheck, once told to 'sit down and shut up' at Citi, lands $32.5m to help women invest
Jenny Abramson, the founder of venture capital firm Rethink Impact, has joined Ellevest's board, which means she was also likely part of the investment round.
08/24/2017
Wealth management lifts Perpetual result
A strong result for Perpetual’s wealth management division has helped the financial services firm post an increased profit of $137.3 million.
08/23/2017
RBC boosted by sharp rise in wealth management profits
Royal Bank of Canada on Wednesday reported a 5 percent increase in underlying third-quarter net income, helped by double-digit growth at its wealth management business which offset a weaker showing in capital markets.
08/23/2017
BMO extends cross-border Allpoint access to private banking clients
This offer is another big step forward in meeting that need.
08/22/2017
Two RIAs Reunite, Creating a $243 Billion Firm
Firms that join CAPTRUST realize an average of 18 percent annual revenue growth
08/22/2017
Hill Wealth Management Joins Hightower
The financial advisor teams acquired as part of the WealthTrust acquisition.
08/21/2017
BNY Mellon Wealth Management opens Houston office
The office is among more than 40 global offices for BNY Mellon Wealth Management.
08/21/2017
Global funds expanding into massive Chinese investment market
You can no longer ignore China.
08/21/2017
High Net Worth Insurance Needs More Specialists
Proof of increased prosperity is highlighted by the fact that an estimated one of every 10 homes in the U.S. is worth at least $1 million.
08/18/2017
Mercer Advisors Acquires Blue Moon Wealth Advisory
Dave Welling, CEO of Mercer, said, "Blue Moon's financial planning and comprehensive wealth approach is a strong cultural fit for us and we are excited to be continuing to build our presence in Washington state.