04/06/2022
Asia has the most billionaires as Elon Musk tops annual richest list for first time
A total of 329 people dropped off the list this year—the most in a single year since the 2009 financial crisis.
Wealth and Asset Management
04/06/2022
Summitas Wins Private Asset Management's 2022 "Best Technology Platform for Family Offices" Award
Innovative client portals provide a single point of access for secure collaboration.
04/06/2022
Bogart Wealth Included In The 2022 InvestmentNews Best Places To Work For Financial Advisers Rankings
In addition, independent wealth management firm announces new hires and open positions
04/05/2022
WSFS Announces Combination of Christiana Trust Company of Delaware and The Bryn Mawr Trust Company of Delaware Wealth Management Franchises
Robert W. Eaddy, who has led The Bryn Mawr Trust Company of Delaware since 2010, will remain in his role leading the combined company as its President.
04/04/2022
Sanctuary Wealth Expands Latin American Client Base With Addition of Fuentes Hondermann Wealth Management
Miami-based team brings more than 90 years cumulative experience in advising international clients along with $250 million in AUM from Morgan Stanley
04/04/2022
Two UBS advisors in Houston, Texas named to Barron's Top 1,200 Financial Advisor List
Elizabeth has spent the last three decades at UBS, where she has cultivated a specialization in private clients, their families and their foundations.
04/04/2022
Macquarie Asset Management acquires office building portfolio in Chile from Credit Suisse Asset Management
Credit Suisse Asset Management acquired the office assets during 2010 to 2014 and has since seen substantial growth as well as stable income by successfully managing the buildings.
04/04/2022
Barclays Eyes a Move Into the Lucrative World of Private Credit
For banks, moving into private credit makes sense on several fronts. The market is growing fast globally; private credit managers’ assets under management have almost doubled in the last five years to hit $1.2 trillion as of June 2021, according to
04/01/2022
Pathstone Announces the Acquisition of WaterOak's Investment Advisory and Wealth Management Business
Growing Smart(ly) in a Way That Matters
04/01/2022
UBS, Envestnet and iCapital Announce Launch of Alternatives Exchange Platform Offering Expanded Access to Alternative Investment Strategies and Education
The expansion of the Alternatives Exchange comes at a time when high-net-worth (HNW) investors are increasingly looking to diversify into alternative investments.
04/01/2022
Mercer Advisors Acquires Convergent Wealth Management, LLC
Acquisition of Convergent Wealth Management, LLC Expands Mercer Advisors' Central U.S. Presence
04/01/2022
Hightower takes stake in $2.7bn RIA
The $2.7 billion firm in Purchase, N.Y., delivers consulting and advisory services for high and ultra-high-net-worth clients, incorporating a proprietary direct indexing solution and tax-advantaged portfolio management. Altium's tax-aware solutions w
04/01/2022
CI Financial to Acquire Former Eaton Vance Investment Counsel Division, Expanding U.S. Wealth Management Strategy
Acquisition will bolster CI’s Boston presence and boost CI’s U.S. assets to US$133 billion
03/31/2022
Bain Capital to acquire nearly 25% stake in IIFL Wealth
Private equity fund Bain Capital edges out other global rivals to buy a 25% stake in IIFL Wealth. GA Atlantic and Fairfax are the selling shareholders.
03/31/2022
Wealth management firm expands with new office in Little Falls
Team members Laura Powers, lead adviser, and Kyle Dempster, associate adviser, both residents of the Little Falls area, will represent the Strategic team in this new location.
03/31/2022
BCG and the BXG Form Alliance
The alliance comes as more businesses begin to adopt the ESG reporting standards set by the Sustainability Accounting Standards Board (SASB) following its launch at COP26.
03/31/2022
Holloway Wealth Management Will Join ARS Wealth Advisors, Expanding ARS' Presence in the Florida Wealth Management Market
"We are excited to have Holloway join the ARS family," said Tony Anderson, CEO of ARS Wealth.
03/31/2022
RBC agrees to buy UK wealth manager
The acquisition is subject to a number of customary conditions
03/30/2022
Barron's Recognizes Cetera's Trevor Wilde Among America's Top Financial Advisors
Wilde Wealth Management ranked No. 2 on Arizona's list of top advisors
03/30/2022
Wealth Enhancement Group Joins Forces with Financial Management Concepts, a Fee-Only RIA with More Than $188 Million in Client Assets
Addition of the Central Florida Firm Raises Wealth Enhancement Group's Total Client Assets to more than $55.6 Billion