04/03/2018
Envestnet drops four shops on $751m fund, goes quant
Thomas has been a manager of the fund since December 2009 and Zvingelis has been on the fund since 2015.
Wealth and Asset Management
04/02/2018
How Women’s Wealth is Changing Private Banking
Crucial tips for women’s wealth management from leading financial planners.
04/02/2018
UBS to ask PMs for fee cuts as part of global merger
The Swiss bank announced in January that it would merge UBS Wealth Management Americas with its global wealth management operation into one new unit, UBS Global Wealth Management, which would have $2.3 trillion in assets under management.
03/30/2018
TorchStone Again Recognized by Private Asset Management
TorchStone is the Back-to-Back Winner of the PAM Award for the Best Security Solution
03/29/2018
Russ Runck & Associates achieves new status
Russ Runck, which has been a financial advisory practice of Ameriprise since 1999, is among the 15 percent of approximately 10,000 Ameriprise financial advisors to achieve this status.
03/28/2018
Merrill Lynch creates new position for Southern Gulf States market
Noel has 15 years of financial services experience.
03/28/2018
Northern Trust Asset Management Expands Relationship with Minority-Owned Brokers
Firm sets 10% target, increases use of minority brokerages
03/28/2018
Austin-based RIA to Join Brown Advisory
The transaction is subject to customary closing conditions, including certain client consents with respect to Meritage's funds.
03/28/2018
R. M. Davis Surpasses $4 Billion in Assets Under Management
Firm remains largest private wealth manager in Northern New England
03/27/2018
Linda Mack of Mack International named a Top Woman in Wealth Management
The awards dinner was held at the Mandarin Oriental, New York and was an evening dedicated to showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities.
03/27/2018
Charting The Adoption Of Direct Startup Investments By Family Offices
Many of the world’s highest-net worth (HNW) families employ an entire office full of accountants, lawyers, and investment professionals to manage their assets.
03/27/2018
Sallie Krawcheck's Investment Firm Starts New Fund to Help Women
The new offering announced Tuesday includes investments that are targeted at having a positive social and economic impact through advancing women.
03/26/2018
Iberiabank wraps up Gibraltar Private Bank & Trust acquisition for $220m
The deal, first announced in October last year, takes IBERIABANK’s total assets to around $29.5bn.
03/26/2018
UBS Poaches Private Bankers in Mexico
Switzerland’s largest bank has now pounced again, taking on a team from J.P. Morgan
03/26/2018
Rockefeller Capital inks lease at Rock Center
Wall Street newcomer signed a 15-year lease
03/23/2018
Goldman loan program to help LPL advisors tap HNW clients
The firm’s 15,200 advisors will receive no commissions for the Goldman loans, according to LPL.
03/23/2018
Amundi and CreditEase sign wealth management partnership
Under the agreement, the two firms will collaborate in wide range of areas covering global asset allocation, wealth management solutions, risk management and control, as well as relationship development with local regulators and industry institutions.
03/23/2018
Fiera Capital Acquires Leading High-Net-Worth and Institutional Investment Firm
Following completion of the transaction, CGOV partners and key employees will be joining Fiera Capital
03/22/2018
Malta bank chief held in US over Iran links
Company had been under scrutiny by murdered journalist Daphne Caruana Galizia
03/22/2018
Private banking trust first then digitalisation
Although he did admit that digitalisation will present new challenges to private bankers, demanding that they, “… create new business models and adopt new behaviour.”