07/17/2023
The review was prompted by the presence of inactive wealth management clients with assets under $1 million, which led to a reassessment of the business.
07/17/2023
Gresham House shareholders will receive 11.05 pounds cash for each share held, Searchlight said, representing a 62.5% premium to the stock's last closing price.
07/17/2023
Money market assets will ‘flood fixed income market’
07/14/2023
The data also showed a 115% year-over-year increase in the hiring of capital-raising private wealth professionals at alternative asset managers from 2021 to 2022.
07/14/2023
High-volume of nominations reflect Kestra’s ongoing commitment to providing superior service, cutting-edge technology, and a suite of resources to deliver value to its nationwide ecosystem of financial professionals
07/14/2023
The wealth and investment management arm of Wells Fargo saw revenue drop 2% year-on-year in Q2 2023, from $3,705m to $3,681m.
07/13/2023
Quality income equities have lagged traditional stock indexes. Is now time to abandon them? We think not, and outline three reasons why they can help navigate a more challenging second half.
07/13/2023
It has a strong local presence in each of those markets except Peru, which it serves, along with Ecuador, Colombia and Bolivia, from its Miami hub.
07/13/2023
Due diligence may not be the top priority when wealthy clients seek a financial advisor, but they can also be quick to switch
07/11/2023
The potential for further US policy tightening ahead is just one reason why we foresee more muted equity returns, higher uncertainty, and a rise in cross-asset volatility in the second half.
07/11/2023
The phenomenon brought the focus back on how human activity is causing a rapid deterioration in global climate.
07/11/2023
The firm has launched two brands to differentiate between high-net-worth and ultra-high-net-worth clients
07/10/2023
Both programs consist of a complimentary suite of benefits providing dedicated and specialized service, pricing advantages, and other rewards to meet the unique needs of these wealthy clients.
07/07/2023
AJ Wealth was advised on the transaction by Park Sutton Advisors, which manages assets totaling $65 billion, Cerity said.
07/06/2023
LBMC Experts Share Five Key Factors Affecting Estate Planning
07/06/2023
Charles Stanley wealth managers will eventually be given access to various affiliation models, which Raymond James’ CEO Paul Reilly believes will keep staff attrition low.
07/06/2023
Interest rates, inflation, poor equity performance, and geopolitical risk all impacted wealth — and asset manager profits — in 2022.
07/04/2023
The largest was BG Group, a 13-person team that managed $2.5 billion at Merrill.
07/04/2023
Equity pricing looks at odds with slowing growth and stickier inflation.
07/04/2023
This is the latest addition to the Schroder GAIA platform which now has twelve funds and $5.4 billion of AUM as of 31 March 2023.