Managers of Wealth Americas

Macquarie Group announces $A3,522 million full-year profit

Profit for the half year ended 31 March 2024 (2H24) was $A2,107 million

Mirabaud Bank Targets Expansion in Brazil’s Wealth Management Sector

With plans to triple its managed assets in Brazil within the next two years, the firm is positioning itself to capture the burgeoning wealth management market in the region.

Mathis Wealth Management Acquires Ventura, California Wealth Management Practice Phoenix Wealth Management firm expands into California.

RH Wealth recognized this need, and the acquisition assured its clients that their best interests will continue to be well-served into the future.

LPL ‘Reimagining’ Alts Platform: CEO

LPL Financial CEO Dan Arnold says the firm is developing a variety of solutions for advisors to expand their businesses.

Asset managers focusing on enhancing product quality, accuracy – Northern Trust

A spokesperson for Northern Trust explained that "accuracy" refers to "having the right product for the right client."

StratiFi and Altruist form strategic alliance

Tech platforms collaborate to enhance wealth managers' practices.

Sanctuary Wealth acquires Tru Independence

Sanctuary Wealth redefines its RIA channel with their latest purchase.

JPMorgan Embraces Family Offices, With 'Very Tailored' Advice

The global private banking division has been advising family offices for more than 200 years

Avantax Acquires Integrated Tax & Wealth Strategies’ $760 Million Wealth Management Business

Avantax continues investing in advisor practices, complementing its suite of succession and buyout options

Advisors can't expect client loyalty, TCR may be the catalyst to switching

JD Power report warns that fee transparency could fuel attrition

Wealth Management Firms in Canada at Increased Risk of Losing Younger Affluent Clientele as Fee Transparency Regulation Looms, J.D. Power Finds

The regulation is intended to make the cost of owning investment products more transparent to investors in Canada.

Stephens Announces New Shreveport Location for Its Private Wealth Management Group

The new office at 7600 Fern Ave, Building 1300, is home to a dedicated team of Stephens financial advisors with deep roots in Louisiana.

Hedge funds are ‘dead as a doornail,’ says chairman of ultra-rich investors’ club Tiger 21

Tiger 21 members’ allocation to hedge funds dropped to 2% from 12% over the past 16 years, data from the network showed.

Engaging The Next Generation Of Women In Wealth Management

This is in addition to the $10 trillion in total US household financial assets women already control.

Asset managers show signs of shift towards investor-centric strategies

The survey conducted by WBR Insights for Northern Trust has revealed evolving priorities within the asset management industry.

Canadian First Time Home Buyers on the Rise as Record Volume of FHSA Activity Soars According to Broadridge

18 financial institutions currently leveraging Broadridge’s solution to help first time homebuyers achieve the dream of buying a house

Morgan Stanley Wealth Management net revenues at nearly $7bn in Q1 2024

The wealth management arm of Morgan Stanley recorded net revenues of $6.9bn in Q1 2024, up from $6.55bn year-on-year.

Maxim Group Expands its Fixed Income Group with the Addition of Stephen Read, Mark Koontz, and Tim Reilly

These additions position Maxim to expand its personalized services into new verticals, including bankruptcy claims and distressed bonds.

Wealth Management M&A Landscape Remains Active

Given those challenges, some observers thought M&A would suffer mightily.

J.P. Morgan Private Bank releases inaugural report on global family offices

Survey data reveals top objectives, investment preferences and management trends for ultra-high-net-worth families

Wealth and Asset Management