06/27/2023
Ten Investment Convictions for H2 2023
Fears of contagion in March from US regional banks have dissipated, and lending conditions tightened less than first feared.
Wealth and Asset Management
06/27/2023
BMO recognized as Best Private Bank, Best Commercial Bank and Best Retail Bank
The 2023 World Finance Banking Awards recognize how BMO's digital first strategy and industry-leading client experiences are meeting and exceeding customer's evolving expectations with best-in-class digital money management services.
06/27/2023
Global Wealth Report 2023: Resetting the Course
The prospect of consistent business growth became increasingly difficult to envision on the horizon.
06/27/2023
Northern Trust and Coalition Greenwich Study: Asset Managers Project Future Growth Amid Challenging Environment
While 84% expect to grow, 22% plan to implement changes to their operating models to achieve efficiency and cost savings.
06/26/2023
Morgan Stanley in wealth management review, Ords deal on cards
Street Talk understands it is considering hiving off some of its lower value accounts to Ord Minnett as part of a strategic review that would pivot the business toward high-net-worth and ultra high-net-worth clients.
06/26/2023
NewEdge Wealth Launches San Francisco Office With Former First Republic Wealth Manager John Froley
“I am excited to join NewEdge Wealth and look forward to working with Rob and his team as we create a San Francisco office to deliver services to ultra high net worth and institutional clients.”
06/26/2023
Ameriprise Financial Named "#1 Among Wealth Managers" in Kiplinger Readers’ Choice Awards
Readers surveyed also awarded Ameriprise with "outstanding" scores for trustworthy advisors, quality financial advice, likelihood of recommending the firm to others, and overall satisfaction
06/23/2023
UBS’s Wealth Assets Risk $150 Billion Drop on Credit Suisse Merger, JPMorgan Says
The analysts said that the integration process could create share price volatility, due to factors including restructuring, mark-downs and litigation.
06/23/2023
Citizens aims to double wealth assets in five years after hiring spree
Citizens' new team will focus on developing new wealth clients separate from its existing customers.
06/22/2023
Geller Opens South Florida Office
Enhanced Commitment to Managing Every Critical Aspect of Clients’ Complex Financial Lives Through Multidisciplinary Services and Expertise, Introduces New Corporate Branding
06/22/2023
Bernstein Private Wealth Management Launches Bernstein Philanthropic Impact Fund in Partnership with National Philanthropic Trust
Amid the growing popularity of DAFs with philanthropic individuals and families, this enhancement to the firm's platform will offer a high-touch and efficient solution for charitable giving across a range of assets and levels of complexity.
06/22/2023
BTG Mulls Acquisitions to Build Private-Banking Behemoth
BTG just opened an office in Madrid and in March announced the acquisition of a bank in Luxembourg to serve Latin American costumers, part of its strategy of gaining market share from banks that are giving up their local operations.
06/22/2023
US asset managers apply to SEC for bitcoin ETFs
The SEC maintains that digital assets should be treated the same way as conventional securities and subject to the same rules.
06/22/2023
IG Wealth Management Announces Addition of Sub-Advisors to iProfile Program for Enhanced Diversification Benefits and Other Mutual Fund Changes
IG Wealth Management Announces Addition of Sub-Advisors to iProfile Program for Enhanced Diversification Benefits and Other Mutual Fund Changes
06/22/2023
LPL Financial Welcomes Blue Sky Wealth Management
It was their client-first commitment that led the Blue Sky Wealth Management team
06/21/2023
Seven J.P. Morgan Wealth Management and First Republic Advisors Named Barron’s Top Women Financial Advisors
All have been on the three most recent Top Women rankings, and some longer.
06/21/2023
Unblu and Objectway partner to enhance digital customer experience for wealth firms
The partnership focuses on two initial cases for client interaction management: ongoing relationship management and the help desk.
06/21/2023
Waverly Advisors Acquires Silicon Hills Wealth Management
Waverly footprint extends into Southwest with newly acquired firm in Austin, Texas
06/21/2023
Wealth management firm NorthRock opens office in Deer District
NorthRock has worked with more than 60 athletes, mostly in the NBA and NFL, some NHL, players, coaches and executives.
06/20/2023
NewEdge Capital Group Leaders and Firms Named Finalists in Several Wealthmanagement.com Industry Awards Categories
CEOs Alex Goss of NewEdge Advisors and Rob Sechan of NewEdge Wealth Among Honorees