Managers of Wealth Americas

Gibson Dunn Recognized in Chambers High Net Worth 2023

The firm was recognized with a top tier ranking in China: Private Wealth Disputes.

Investors are bullish but expect continued market volatility, says Morgan Stanley

Investor sentiment is rising along with expectation of the Fed navigating a soft landing.

Morgan Stanley Wealth Management Pulse Survey Reveals Growing Investor Optimism

Despite market bullishness, inflation remains a top concern

Advisors have seen exponential client growth... and it's not over yet

The past five years have been great for client acquisition according to new survey, but there's more to come

Sequoia Financial Group to Acquire Cleveland-based Cirrus Wealth Management

The transaction is expected to close on July 31. Financial terms were not disclosed.

Sequoia Financial Group to expand with acquisition of Cleveland wealth manager

Cirrus Wealth Management has $387 million in assets and a team of 12 led by a 30-year veteran of the industry.

Goldman Looks to Bolster UHNW Client Relationships in Wealth Biz

Meanwhile, the firm has completed the sale of the loan portfolio of its Marcus consumer business and is exploring a potential sale of GreenSky, which it acquired in March 2022.

Merrill Adds Experienced Recruits as BofA’s Total Advisor Count Slips

The new co-heads of Merrill's wealth management unit laid out a three-pronged strategy for the business.

Taking the Edge Off the Risks

Last week’s better-than-expected US inflation report led to a rally in both bond and equity markets.

Brown Brothers Harriman Private Banking Team Continues Growth in Philadelphia

These hires reflect the firm's deep commitment to Philadelphia and the mid-Atlantic region, its private business owners, and local endowments, foundations, and non-profit institutions.

Citi Wealth says look beyond tech to ‘compelling’ financials

Tech stock valuations leave little margin for error in the upcoming reporting season, whereas banks are only trading at book value despite an improving backdrop, says Citi Global Wealth chief investment officer David Bailin.

Worldsource Wealth Management and IDC WIN to Utilize Broadridge’s AdvisorStream

Automated digital marketing enhancing the advisor-investor relationship and experience

Jennifer Auerbach-Rodriguez, Merrill Wealth Management, Bank of America | Next 2023

And for all consumers, Rodriguez oversaw the launch of a new way to help people find a financial advisor.

Consolidation in wealth management industry to accelerate, Citi survey finds

Among 68% of those polled cited regulations as the top near-term business challenge.

Global Survey Shows Wealth Management Ecosystem at Inflection Point

This heightened focus on client experience and more specifically the digital client experience stems from evolving client expectations and the threat of digital disruptors.

AdvisorHub names Rise Private Wealth Management co-founder and CEO Brent Kiley among ‘Advisors to Watch over $1Bil’

AdvisorHub recognizes elite financial advisors who manage more than $1 billion in client assets based on their innovation, professionalism, and success in the business.

Citi Wealth Unit Posts Mixed Results Ahead of Sieg Takeover

Citi includes in that tally not only brokers but also private bankers, so-called financial client advisors, relationship managers, and investment counselors.

Apollo Global Builds Team to Target World’s Top Family Offices

Apollo has assembled a roughly 10-person family office unit over the past year and plans to increase that number in the future.

Morgan Stanley beats estimates on record wealth management revenue

Revenue of $13.46 billion vs. expected $13.08 billion.

Real rates suggest IT valuations are stretched. Stay selective

In past years, IT stocks and US real rates had a strong negative correlation—i.e., when US real rates rose, US IT stocks declined and vice versa.

Wealth and Asset Management