07/24/2023
Flagstar Bank, expands private banking business with the addition of six teams formerly with First Republic Bank
These six teams are regarded as among some of the best in the industry.
Wealth and Asset Management
07/21/2023
Withers global art team recognized by Chambers 2023 HNW guide
Withers’ art law practice group advises the world’s leading collectors, art dealers, galleries, artists, museums and other cultural institution.
07/21/2023
Credit hedge funds – brighter opportunities for a cloudier second half
And riskier credit segments like high yield and leveraged loans are most at risk of spread widening and negative total returns, as borrower distress and default rates likely climb.
07/21/2023
Gibson Dunn Recognized in Chambers High Net Worth 2023
The firm was recognized with a top tier ranking in China: Private Wealth Disputes.
07/21/2023
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.
07/21/2023
Morgan Stanley Wealth Management Pulse Survey Reveals Growing Investor Optimism
Despite market bullishness, inflation remains a top concern
07/21/2023
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
07/20/2023
Sequoia Financial Group to Acquire Cleveland-based Cirrus Wealth Management
The transaction is expected to close on July 31. Financial terms were not disclosed.
07/20/2023
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.
07/20/2023
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.
07/20/2023
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.
07/19/2023
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.
07/19/2023
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.
07/19/2023
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.
07/19/2023
Worldsource Wealth Management and IDC WIN to Utilize Broadridge’s AdvisorStream
Automated digital marketing enhancing the advisor-investor relationship and experience
07/19/2023
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.
07/19/2023
Consolidation in wealth management industry to accelerate, Citi survey finds
Among 68% of those polled cited regulations as the top near-term business challenge.
07/19/2023
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.
07/18/2023
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.
07/18/2023
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.