Managers of Wealth Americas

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.

Entrepreneur promotes pot to the super wealthy

Cheryl Shuman likes to be called "the Martha Stewart of marijuana."

America's wealth gap 'unsustainable,' may worsen: Harvard study

The widening gap between America's wealthiest and its middle and lower classes is "unsustainable", but is unlikely to improve any time soon

No more secrets - Swiss banks learn to shape up, not shut up

The key paradigm shift is that, in the old days, Swiss private banking imported clients

Wealth Adviser: Getting Past the Guards at a Family Office

The rich, like everyone else, don’t like jargon and really don’t appreciate being made to feel stupid.

Scotiabank’s Wealth Head to Retire Amid Changes

Insurance Canada and International Insurance will be realigned to the Canadian Banking and International Banking Business Lines respectively.

RBC Global Asset Management Inc. announces August sales results for RBC Funds and PH&N Funds

"August proved to be a tremendous month, as we exceeded all other previous August sales results. We continued to capture a significant portion of industry long-term mutual fund net sales," said Doug Coulter, president of RBC Global Asset Managem

Fla. firm targets Greenville private wealth management market

Tampa-based LCG Advisors announced it opened a private wealth management firm, LCG Private Client Group LLC, with offices in Greenville and Tampa.

Wealth and Asset Management