Managers of Wealth Americas

BofA's U.S. Trust hires a dozen advisers in October

U.S. Trust does not disclose assets under management or annual revenue production for the new hires.

LPL Adds $520M Firm To Hybrid RIA Platfrom

The firm only employs four advisors currently but hopes to attract experienced advisors throughout the Gulf Coast region.

US Banks' Shift to Wealth Management Generally Positive

Efforts by many US banks to offer more wealth-management capabilities are generally positive for diversifying earnings and increasing revenue per customer, as growth in core bank products remains tepid and net interest margins compressed

Thomson Reuters Expands Wealth Management Solutions

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced an agreement with Mediant Communications to provide shareholder communications for Thomson Reuters Wealth Management solutions.

Lessons From The High End

At the third annual Creating An Excep-tional Family Office conference in Boston at the end of September, I had the privilege of moderating discussions with a number of top industry practitioners and trusted advisors to the ultra-affluent.

Moneyman tells of servicing NYC’s elite clients

The rich sure are different from you and Mark Mascia.

The master who teaches the Merrill herd to graze on wheatgrass and chia

The mild aerobics were part of a three-day event orchestrated by Chris Johnson, a wellness guru who has gained influence under John Thiel's leadership of Bank of America's Merrill Lynch wealth management business.

Optimizing Operational Design for the Family Office and Private Wealth Management by By Tomas Edwards

Whenever we discuss organisational structures and business models with our family office and private wealth management clients, one thing is very clear: regardless of size or complexity, these clients share a common desire to increase the efficiency of op

Stifel Completes Acquisition of 1919 Investment Counsel & Trust Company

As we look to grow our asset management capabilities, 1919 Investment Counsel fits perfectly within this goal

Wall Street Bonuses Show Growing Divide

When it comes to bonuses on Wall Street, a distinct pattern has begun to develop since the financial crisis: Traders are not getting the gravy anymore.

Canaccord Genuity CEO Says Seeking Wealth Deal in U.K.

Canaccord Genuity acquired the private-wealth management division of Eden Financial Ltd. for $20.8 million in 2012 to expand its business in the U.K. A year earlier, the firm purchased British brokerage Collins Stewart Hawkpoint Plc for $393 million.

Battles between brokers and private bankers for very wealthy clients have always been fierce

Wells Fargo prods elite bankers, brokers to share more clients

Sallie Krawcheck Embraces Socially Responsible Investing

In the Fall 2014 issue of Progressive Asset Management’s newsletter, News & Views, Sallie Krawcheck discusses three important topics

Fastest-Growing Family Office Rides Rise in Ultra-Rich

The firm saw assets under advisement grow 40 percent in the year ended on March 31, to $3.5 billion. In the prior year, its assets had doubled, Bloomberg Markets magazine will report in its December issue.

Canaccord Genuity reports second quarter fiscal 2015 results

In the second quarter of fiscal 2015, the quarter ended September 30, 2014, Canaccord Genuity Group Inc. generated $236.3 million in revenue.

Four Family Office Industry Pioneers Honored With the FOX Founders Award

Family Office Exchange a global membership organization of private family enterprises, their family offices, and key advisors, bestowed the FOX Founders Award on four family office industry pioneers at the 25th Anniversary FOX Forum in Chicago on October

Wealth and Asset Management