Managers of Wealth Americas

Morgan Stanley laying off hundreds in wealth management unit, source says

The wealth management unit became an important moneymaker for the bank after it clinched major acquisitions

Forbes names Krause & Thorpe Best-In-State Wealth Management Team

This award was announced in January 2024 and is based on data as of March 31, 2023.

Twenty-two UBS Advisor Teams in Southern California and Hawaii Named to Forbes Best-in-State Wealth Management Teams List

Of the advisor teams recognized, nine work from the firm’s Orange County offices, ten are based in San Diego County, and three are in Honolulu.

37 UBS advisor teams in Florida named to Forbes Best-In-State Wealth Management Teams list

The Forbes/SHOOK Best-In-State Wealth Management Teams list for 2024 is composed of more than 4,100 teams that collectively manage approximately $5.1 trillion in client assets

Twenty Four Wealth boosts $814M practice with acquisition

Connecticut firm has acquired a $150M firm in New Hampshire.

Family Offices Are Boosting Allocations to Alts in 2024, KKR Says

A survey of 75 family office CIOs shared their plans for portfolios this year.

iCapital® Expands Wealth Management Industry’s Access to Architect, the Leading Portfolio Construction Tool Designed to Build Stronger Portfolios

Available today to over 350,000 US financial professionals, iCapital Architect further enhances iCapital’s technology suite

Macquarie Group 2024 Operational Briefing

The markets-facing businesses’ combined 3Q24 net profit contribution was substantially down on 3Q23.

Why Wealth Management Fees Have Remained Steady and DC Advisory Fees Have Declined

Lessons learned from the wealth management industry.

Morningstar Wealth Adds SMAs from Asset Managers

Morningstar’s dedication to empowering advisors is core to why we implemented a manager selection process leveraging our renowned manager research team to provide a curated selection of investments available on the Wealth Platform

Our investment outlook for 2024 CGWM

There have been small pockets of opportunity, but most core asset markets and wealth management indices have lost ground since the start of 2022.

Brookfield Corporation Reports Strong 2023 Results

Distributable Earnings of $4.8 billion and Net Income of $5.1 billion for the Year

Rockefeller Global Family Office Expands Private Wealth Business in Southeast Division, Adds Variant Path Group in Charlotte, NC

The group joins from Morgan Stanley and will report to Kristen Sario, Southeast Divisional Director of Rockefeller Global Family Office. V

Miracle Mile Advisors Continues Growth Trajectory, Welcoming Two Firms With Combined Client Assets of $600 Million

The new advisors join the firm as partners and are granted Class A shares under Miracle Mile's unique ownership structure

NewEdge Advisors Welcomes Nesso Wealth of Connecticut

Nesso Wealth provides wealth management services to individuals, families, and business clients.

Will the Institutional Private Equity Push Leave Investors With Scraps?

These firms are implementing investor protections.

One Step Ahead Of The Wealth Management Evolution

He is a member of Fiduciary Trust's executive, management and operating committees.

Forbes Recognizes JKS Financial as a Best-in-State Top Wealth Management Team

The team was ranked 33 on Forbes and SHOOK Research's annual list

UBS Advisor Team Rimmel Mehaffey Pessy Wealth Consulting Group Named to Forbes Best-In-State Wealth Management Teams list

This is the second consecutive year that the team has been ranked the top advisor team (#1) in Pennsylvania – West by Forbes.

U.S. Fine Causes Pictet's Profits to Plummet

The reason for this is a fine that the bank had to pay to authorities in the tax dispute with the US.

Wealth and Asset Management