07/21/2016
Northern Trust Announces Increased Quarterly Dividend
We are pleased to announce a dividend increase, which demonstrates the continued strength of Northern Trust’s capital position
Wealth and Asset Management
07/21/2016
RBC Wealth Adds Two Teams From Rivals
Meanwhile, Cetera, Deutsche Bank & Snowden Lane say they have picked up new advisors, as well
07/21/2016
Ernst & Young Veteran Joins Fieldpoint Private
He led Ernst & Young's family office practice in Moscow, Russia, as well as serving several years working with a boutique merchant bank in the Middle East.
07/20/2016
Four Emerging HNWI Expectations Wealth Managers Must Meet
The results uncovered clear calls to action for wealth managers around four key themes: information delivery, compliance, social responsibility, and innovation.
07/19/2016
Bank of America wealth management loses small brokers
The last installment of those bonuses was paid out in the fourth quarter of last year.
07/18/2016
Gluskin Sheff Associates Inc. Announces June 30, 2016 Assets Under Management and Performance Fees
Actual outcomes and results may differ materially from those expressed in these forward-looking statements.
07/18/2016
BofA Bond-Trading Beats Estimates as Four Main Units Post Gains
The average estimate of analysts surveyed by Bloomberg was 33 cents.
07/18/2016
Bank of America profit falls 21% amid wealth-management dip
Net income drops to $4.23bn from $5.13bn year-on-year as firm takes accounting charge
07/18/2016
4 Strong Buy JP Morgan Mutual Funds to Invest In
Below we share with you four top-rated JPMorgan mutual funds.
07/15/2016
MS: Traditional Asset Managers Are Under Threat As Fees Shrink And Robo Advisors Prowl
These are just two of the headwinds the asset management industry now faces.
07/15/2016
J.P. Morgan's global wealth management revenue stalls, advisers and AUM fall
The number of advisers the two units employed also fell appreciably.
07/15/2016
Brexit No Big Deal, Says RBC Chief Investment Officer
In the capital outlook commentary, which is currently posted as a video on the RBC Global Asset Management website, Chief Investment Officer Dan Chornous explains that while the vote understandably set off some immediate panic, it is an expected response
07/14/2016
Morgan Stanley : Robo-Advisors, A Threat to Wealth Management
Millennials and Generation-X will be more inclined towards the lower cost algorithm-based advice
07/14/2016
Global Firm Gives Tips For Surviving Market Volatility
In the current environment, investors should be taking advantage of negative correlations.
07/13/2016
PagnatoKarp Partners with Rocaton Investment Advisors
PagnatoKarp's ultra high net worth clients can also access a wider selection of private investments and alternative asset classes, sophisticated equity and fixed income investment strategies and targeted separately managed accounts, SMAs.
07/13/2016
UBS will be first major wealth manager to embrace new kind of fund
The unit includes about 7,100 brokers and financial advisers.
07/13/2016
UBS Group: Why do Investors Hold Record Cash in their Portfolios?
Investors have been wary of investing in other financial instruments such as stocks, bonds and others.
07/12/2016
Alternative Investments Important To HNW Investors
Fifty-four percent of the 163 financial advisors that Artivest surveyed say offering alternatives is important to retaining and attracting high-net-worth investors.
07/12/2016
Advisers with $240M in combined AUM join Raymond James
The group will operate as part of Kruse Woods Financial Partners, an independent firm that offers securities through Raymond James' independent broker-dealer.
07/08/2016
Asset Managers’ Latest Big Investment: Consultant Relations
Investments firms have doubled down on consultant relations in recent years, ramping up both the quantity and quality of employees responsible for interacting with sector.