Managers of Wealth Americas

Private Wealth Advice in the Social Media Era

If work is done well but no one tweets about it, is it still good?

How ‘best wealth manager’ lists mislead you

Assets under management are largely meaningless in helping you pick a professional

Private Wealth Advice in the Social Media Era

We’ve all heard the question: “If a tree falls in the forest and no one hears it, does it still make a sound?”

RBC Wealth Management closes Miami operation, 155 lose jobs

RBC Wealth Management has closed its international private bank branch in Miami, leading to dozens of layoffs.

How to Service the Mass Affluent while Remaining Profitable

Financial firms are faced with the challenge of not only targeting top-tier wealth, but also capturing the masses in order to remain profitable.

Myth Busting Family Businesses - KPMG

When most people think of a “family business”, their mind instantly turns to some version of a little corner shop, most likely run by a husband and wife. If not that, as there are famous examples of very successful family businesses, then most

LPL Adds Bank Advisors With $1.2B AUM

The StreamSong professionals have a distinguished track record advising wealthy families and individuals, especially business owners that have engaged in selling their businesses and other clients that have undertaken significant wealth transfers.

Too Much Liquidity Forcing Banks Into Wealth Management?

Dick Bove says too much liquidity in the financial system is forcing banks Into wealth management

Washington Wealth Hits $1B AUM With Latest Grab From RBC

Washington Wealth Management now has $1 billion in assets under management after luring two former RBC Wealth Management advisors with $220 million in AUM to its hybrid platform.

Wealth Adviser: When Clients Want to Give It Away

When their nest is empty but the nest egg looks large, clients often get an urge to make big gifts of money to their children.

Morgan Stanley Wealth Management Launches Two Sustainable Investing Portfolios on UMA Platform

These new portfolios Investing with Impact Balanced and Investing with Impact Equity will provide Morgan Stanley Wealth Management clients the opportunity to effectively align their financial goals with their personal values.

Will robots replace executives? - McKinsey

Technology is getting smarter, faster. Are you? Experts including the authors of The Second Machine Age, Erik Brynjolfsson and Andrew McAfee, examine the impact that “thinking” machines may have on top-management roles.

American Expats Left Frustrated as Banks Cut Services Abroad

Americans living abroad are being cut off by banks and brokerages as financial institutions seek to steer clear of a U.S. crackdown on money laundering and tax evasion.

Some Swiss banks are banking on American angst to boost their business

Swiss Banks Pitch Neutrality to Lure Wealthy U.S. Clients

Family offices pledge $300m of impact investments

A group of 11 family offices has committed to invest $300 million in clean energy, infrastructure, agriculture and water.

Forbes Family Office Growth Plans Stall

Nobody said it would be easy to build up a multifamily office, much less one with national aspirations, as the Forbes Family Trust is finding out -- the hard way.

RBC Head Calls for Tailored Broker Fiduciary Rules

An extension also must acknowledge that certain essential broker functions could not survive under the same fiduciary standard that governs investment advisors, adds Taft on a conference call with reporters this week.

Strategies of high net worth Canadians

A generation or two ago, for example, people focused on trying to pay off their mortgages as quickly as possible.

Wells Fargo recruits brokers with $1.1 billion in AUM

Eleven brokers from UBS and Merrill Lynch joined Wells Fargo in California

Ultra-Wealthy Inheritors Inherit More Than Money

Money isn’t the only thing passed down ultra-wealthy inheritors (net worth = US$100 million or more). They like everyone else learn a lot from their elders.

Wealth and Asset Management