Managers of Wealth Americas

Merrill Lynch Team Managing $930 Million Joins Dynasty Financial Partners

Wyeth Private Wealth focuses on clients’ retirement planning.

Seasons of Advice Wealth Management Launches the SOA Stewardship Portfolios

Rigorous Filtering Leads to Enhanced ESG Strategies

Inversiones Security named Best Private Bank in Chile

Chile has been described as South America’s most prosperous and economically stable nation.

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.

Geneva PB reinforces LatAm presence with acquisition

The acquisition is expected to close as of 31 July and is subject to regulatory approval.

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.

How RBC aims to fire up organic growth

At the same time, technology is changing the business.

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.

Wealth and Asset Management