Managers of Wealth Americas

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.

JPMorgan wealth unit net income rises 12% in Q4

2017 was a record year on many measures for JPMorgan Chase as we added clients and customers and delivered record EPS

Most Single-Family Offices Outsource To Elite Wealth Planners

Senior management at single-family offices is generally tasked with addressing a variety of financial and personal needs and wants of an ultra-wealthy family.

Merrill Lynch Wealth Management Adds Texting Feature for Financial Advisors

The texting works on both Apple and Android devices as well as web interface.

Northern Trust to buy software development resources from Citadel

Northern Trust will continue to provide middle office and fund administration services for Citadel’s funds.

Demand for Exotic and Vintage Automobiles Continues to Rise; Driven by Financing Arrangements That "Put Dreams in Driveways"

Over that 5-year period, Ferraris, Porsches, McLarens, Aston Martins and Lamborghinis have continued as the most popular marques in the PFS portfolio of leased vehicles

Wealth and Asset Management