08/02/2018
Canaccord Genuity WM assets rise 8.5% to £26.9bn
Cash and cash equivalents balance of $739.3 million, a decrease of $123.5 million from $862.8 million
Wealth and Asset Management
08/01/2018
What Millennial Heirs Did This Summer: Lessons on How to Be Rich
Attendees at Next Gen functions hosted by the likes of UBS, Citi Private Bank, and Credit Suisse will one day rank among the world’s most sought-after clients.
07/31/2018
At Wells Fargo Wealth, Goals Triggered Trouble
The Journal also reports that investigations by the Justice Department and SEC were triggered by a letter sent last September from four Wells Fargo financial advisors in Arizona
07/31/2018
Morgan Stanley Seeks to Manage More of Its Clients’ Wealth
New compensation system for financial advisers aims to look at a customer’s assets held elsewhere
07/31/2018
Merrill Lynch Team Managing $930 Million Joins Dynasty Financial Partners
Wyeth Private Wealth focuses on clients’ retirement planning.
07/31/2018
Seasons of Advice Wealth Management Launches the SOA Stewardship Portfolios
Rigorous Filtering Leads to Enhanced ESG Strategies
07/30/2018
Inversiones Security named Best Private Bank in Chile
Chile has been described as South America’s most prosperous and economically stable nation.
07/30/2018
McDermott's Private Client Practice Recognized as "Complete Powerhouse"
The guide goes on to note that McDermott's Private Client lawyers "have depth and quality which sets them apart.
07/30/2018
Geneva PB reinforces LatAm presence with acquisition
The acquisition is expected to close as of 31 July and is subject to regulatory approval.
07/27/2018
Raymond James Advisor Count Jumps After Boosting Bonuses
The company’s business development expenses, which include recruiting costs, rose to $56.9 million in the last quarter — a 45% rise over last year, InvestmentNews writes.
07/26/2018
How RBC aims to fire up organic growth
At the same time, technology is changing the business.
07/26/2018
Private Advisor Group Named as a Finalist for 2018 Industry Awards
Judges recognize 156 organizations for their outstanding support of financial advisor success from among more than 600 nominations
07/24/2018
Leon Cooperman to Convert Omega Advisors to Family Office at Year End
The 75 year-old ex-Goldman Sachs partner says health concerns are not the reason behind the decision, which was driven by “how I want to spend my remaining years,” according to a letter the firm sent to clients.
07/24/2018
Wells Fargo Makes “Transformational Changes” Under CEO Tim Sloan
Improving customer experiences has also extended to branches, Sloan said.
07/24/2018
A Look at Family Offices in LatAm: Q&A With Martin Litwak
In the following Q&A he explains the trends impacting family offices in the region and the unique challenges they face.
07/24/2018
CAPTRUST Grows Wealth Practice with Addition of Catawba Capital Management
Catawba brings more than $1 billion in client assets to CAPTRUST and will assume the company's brand as part of this merger.
07/23/2018
Wells Fargo Denies Brokerage Merger, Hails Turning Point in FA Attrition
From Wells Fargo’s perspective, the nascent initiative to tighten up operations is, in the main, client- rather than advisor-centric.
07/20/2018
RBC Wealth Rolls Out New Platform for FAs
Dedicated coaches and customized online tools to support advisor growth and improve client experience
07/20/2018
Morgan Stanley’s Gorman Says Broker Poaching Is Over
The number of full-service wealth management firms that aggressively recruited from each other has dropped from 10 to four in the past 25 years, Gormansaid, referring to the big four
07/19/2018
Morgan Stanley's Dealmakers Post Biggest Gains on Wall Street
The firm was the only one to post double-digit increases in both trading businesses for the second quarter and led the mergers league table for the first half.