01/03/2023
Asset managers brace for tough year of cost-cutting in 2023
Long-delayed reckoning comes after falling markets hit both management and performance fees last year
Wealth and Asset Management
12/30/2022
InCap Group Congratulates RiverStone Wealth Management on its Acquisition by Carnegie Investment Counsel
InCap Group served as exclusive financial advisor to RiverStone Wealth Management
12/30/2022
FinFolio Unveils Enhancements To Back Office Software
FinFolio is now looking to branch out and target firms with $10 billion in assets.
12/30/2022
Scotia Global Asset Management announces final year-end reinvested distributions for the Scotia ETFs
These are final year-end distributions which will be reinvested in additional units of the respective Scotia ETFs and do not include any cash distribution amounts for December.
12/30/2022
Bank of America’s Merrill wealth management business to hire more advisers to meet demand
Economic uncertainty, with volatility in the stocks and bonds markets and 40-year high inflation, current clients recommending Merrill to friends and family and the population growth of the Houston area are all driving people to Merrill.
12/28/2022
How UBS AM is stress-testing for liquidity risk
Policy shifts in Japan, China among scenarios under review at Swiss asset manager
12/28/2022
Connolly Wealth Management breaks down Roth Conversions to help people with tax-efficient retirement planning.
Retirement planning is necessary to achieve that golden life and can be a long-term process that involves sacrificing money each month.
12/28/2022
Cooper Lapman to Join Focus Partner Firm The Colony Group
The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.
12/28/2022
10 People to Watch in Wealth Management in 2023
Well, that last one may be of fleeting importance for wealth management, but it was a riveting game to cap off an all around eventful year.
12/28/2022
JPMorgan bankers try to lure away Morgan Stanley’s tax fund clients
Banks both offer tax-loss harvesting, which has boomed in popularity on Wall Street this year
12/23/2022
How advisor's own life journey strengthens bond with clients
Wealth manager says she knows when a client will leave their spouse before the divorce lawyer. Melissa Prusky explains how
12/22/2022
Cristiani sees LatAm as relative bright spot in 2023
The region’s advantage is likely to be short-lived and could fade by 2024, according to JPMorgan's private bank head.
12/22/2022
Why financial advisors overwhelmingly prefer to be independent
With 37% of brokers across all firms managing $9 trillion in collective assets expecting to retire on a complete or partial basis over the next 10 years, independent brokerages and RIAs are gaining a "slow but steady migration" of advisors that&
12/22/2022
Adams Wealth Management Group Selected As A "2022 Business of the Year" by the Dayton Business Journal
Adams Wealth Management Group and Dwayne Adams of Centerville, OH have been selected by the Dayton Business Journal as a "2022 Business of the Year"
12/21/2022
BNY Mellon Wealth Management and Campden Wealth Study Reveals Succession Disconnect Between Next Gen Individuals and Family Offices
Study Finds 85% of Ultra-High-Net-Worth Next Gens Confident About Preparation for Succession, While Family Offices Believe 39% Are Prepared
12/21/2022
CaixaBank voted ‘World’s Best Bank in Data Analysis and Artificial Intelligence 2022’ at the Qorus-Accenture international awards
CaixaBank also received silver in the global ‘Most Innovative Bank in the World’ (Global Innovator 2022) category.
12/21/2022
Robertson Stephens Hits $4B Milestone With Addition of LFS Wealth Advisors, Vodia Capital
Two deals last week expanded Robertson Stephens' presence on both coasts while adding an additional $370 million in client assets.
12/21/2022
Heirs to $19B Face Succession Doubts From Family Offices
The next generation of wealthy families is confronting a variety of challenges ahead of inheriting large fortunes, according to a report.
12/21/2022
How Nicola Wealth is doubling down on the institutional space
New leaders in firm's institutional division pave the way for institutions to benefit from the firm's expertise, first-class service, and multi-asset approach to investing
12/20/2022
J.P. Morgan and Lincoln Financial Merge Insurance Trust Funds, Joining Forces to Enhance Offerings in the Variable Insurance Trust Space
J.P. Morgan's subadvisory business oversees $75 billion in assets under management across variable annuity and mutual fund products and is a top five variable annuity subadvisor in the industry.