Managers of Wealth Americas

Merrill Lynch Rolls Out Wealth-Allocation Framework

Merrill Lynch is emphasizing goals-based wealth management — even as some FAs say they’ve been using this approach for decades.

Vonnegut: From Here to Boiler Room

Advisers need to embrace the new technology

LPL Financial Welcomes Advantage Wealth Advisors

Growing California Firm Seeks to Continue Expansion Through Acquisitions in Southwest

RIAs join brokers in promoting securities-backed lending

The loans are growing quickly beyond wirehouses, but some are concerned about the risks and conflicts of interest

Merrill Lynch Introduces New Sustainable Impact Multi-Asset Class Portfolios

Merrill Lynch today announced that it has added sustainable impact multi-asset class portfolios to its expanding platform of impact portfolios to serve clients interested in using their investment capital for positive social and environmental purposes.

Nova Scotia Beats National Average in Inaugural BMO Wealth Management Index

National index ranks residents of each province on who is most successful at managing their wealth according to a variety of criteria - Nova Scotia was in the middle of the pack, placing fifth - Nova Scotians scored well because of having low levels of d

CIC Wealth Launches New Interactive Website Providing Latest Financial Information Updates For Clients

The website offers a new uncluttered and intuitive design that puts key information on a single dashboard view and provides drilldowns to whatever level of detail the client needs

Goldman Sachs raises $1bn fund for private company investments

Goldman Sachs has raised more than $1bn from its wealthy individual clients for a fund that will invest in fast-growing private companies, as the global market for unlisted company fundraising gathers pace.

Goldman Sachs’s Pioneer Builds Billion-Dollar Indie RIA

Morgan was raised with a blue-collar mind-set.

Morgan Stanley CEO Scraps Buying UBS Brokerage Arm

A combination of the two would create a wealth management behemoth

SSN Adds $430M New York-Based Firm

Following its acquisition in January, SSN operates as a wholly-owned subsidiary of Ladenburg Thalmann Financial Services

TD Ameritrade moves upmarket to millionaires

The decision could make TD Ameritrade more competitive with the growing host of large brokerage firms

Morgan Stanley adds more banking services for wealth clients

The new banking products are just the latest step in Morgan Stanley's effort to make wealth clients more reliant on financial advisers - not just for investments, but for loans and other financial needs.

High-profile broker Buck faces rash of complaints

Merrill Lynch terminated Buck, 61, on March 4 citing its "loss of confidence" in him after 34 years with the firm.

UBS Makes Case for Borrowing as an Investment Strategy

The wealth management firm cautions investors must use leverage for balance sheet diversification rather than to amp up returns

Merrill Lynch pivots to mildly affluent clients

Their ability to automatically rebalance client portfolios so that they meet investors' risk appetites and goals have likely attracted the affluent

Norwest Equity closes Wealth Enhancement sale

Wealth Enhancement Group has created a differentiated business model that sets itself apart from other wealth management firms within its industry.

Smolin Lupin Announces Plans to Seek Acquisition Opportunities

Financial and accounting services firm seeks to expand New York market share

Bremer Advisors, Bankers Unite to Win Over the Mass-Affluent

As banks struggle with rising regulatory costs and thinner profit margins, they're increasingly boosting efforts to generate more business from existing clients and diversify their revenue streams

Barclays Banker Loses Two Jobs After Leak of Insane Intern Email

Kwan, who was a second-year analyst in Barclays’ Global Power & Utilities group, was let go by the bank on Friday

Wealth and Asset Management