Managers of Wealth Americas

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

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.

Wells Fargo Makes “Transformational Changes” Under CEO Tim Sloan

Improving customer experiences has also extended to branches, Sloan said.

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.

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.

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.

RBC Wealth Rolls Out New Platform for FAs

Dedicated coaches and customized online tools to support advisor growth and improve client experience

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

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.

U.S. Bank posts 15% hike in wealth management profits

Profits for the first half of the year were up an impressive 27.6%, while revenue was up 9.1%.

New Reporting Regulation Will Have Big Effect on Family Offices

A new agreement on international tax and financial information exchange aims to provide less opportunity to shelter wealth from taxation. Global wealth managers and advisors need to make sure they and their clients are in compliance.

Utmost Wealth to expand worldwide with acquisition

The acquisition is conditional on, inter alia, regulatory and competition authority approvals and is expected to complete by Q1 2019.

Wells Fargo’s Private Bank Automated Investment Management, Report Claims

The firm made other changes in its private bank unit to emphasize sales, according to Yahoo Finance.

Goldman Sachs NFL Play For Wealth Management Growth

This new role shouldn’t be to difficult for Tuck given his already impressive educational background as a Notre Dame alum.

Genstar Capital Acquires Majority Stake In Cetera Financial Group

The deal will be a full recapitalization of the broker/dealer, which will retain its current operational structure.

Time's Up for the Wealth Management Industry

A recent survey made me feel deeply ashamed to be a part of the industry with the highest recorded prevalence of sexual harassment.

How Accountants Working With The Wealthy Can Double Their Practices Within A Few Years

Factors such as the accountant’s business model make a difference.

Clear Path Private Wealth Joins Commonwealth Financial Network

Clear Path Private Wealth is a comprehensive financial planning firm whose mission is to guide clients toward achieving their unique financial goals through a transparent and personalized approach.

Wells Fargo CFO says reputation issues a challenge for wealth unit

He said reputation issues had not hurt profit in the unit, however.

10 tips for banks bridging the digital divide in wealth management

The following are 10 tips for bringing together digital banking and financial advice to make banks more competitive.

Wealth and Asset Management