Managers of Wealth Americas

Aon, Willis Towers Watson call off $30bn merger after regulator blocks deal

The two firms have agreed to terminate their business combination agreement and end litigation with the US DOJ.

Brookfield Asset Management Completes Privatization

All dollar references are in U.S. dollars, unless noted otherwise1

Verdence Capital Advisors Has Received a Minority Investment From Emigrant Partners/New York Private Bank & Trust

Verdence currently oversees approximately $3 billion in assets under management (AUM) for high-net-worth families, business owners, executives, and professional athletes and entertainers.

Empower Retirement to Acquire Full-Service Retirement Business of Prudential Financial, Inc.

Expands Empower’s reach across retirement services market to more than 16.6 million individuals and $1.4 trillion in AUA

Capstar Ventures Announces Close of Inaugural Fund at $41 Million

Austin-Based, Woman-Owned Fund backed by J.P. Morgan Asset Management’s Project Spark

John Hancock Investment Management launches Global Environmental Opportunities Fund

Selects Pictet Asset Management for thematic investment expertise

John Hancock Investment Management launches Global Environmental Opportunities Fund

Selects Pictet Asset Management for thematic investment expertise

Citizens Business Conditions Index™ Reaches Highest Level in Three Years as Economic Recovery Gains Momentum

Initial jobless claims dropped in another positive sign while new-business applications were flat.

Blackstone Reports Second Quarter 2021 Results

The result is 21% year-over-year growth in total assets under management to a record $684 billion and continued elevation in the power and quality of Blackstone’s earnings.

State Street Launches Front to Back Private Markets Solution

Agrees to Acquire Mercatus, Inc. to Offer Fully Integrated Platform For Growing Private Market Segments Including Infrastructure, Private Equity, Real Estate, Private Debt and Fund of Funds

Wall Street giants invest in Vestwell

“Vestwell’s modern, automated, and user-friendly platform uniquely positions them to help small businesses provide workplace savings programs to more people. We’re excited to lead this investment and support Vestwell’s continued gr

Bank of America Is Clearing Crypto ETPs for Hedge Funds in Europe

There has also been an increasing number of cryptocurrency ETPs being listed on the SIX exchange in Switzerland and the Deutsche Boerse’s Xetra market in Germany.

Is your direct lending strategy fit for purpose?

The potential opportunities created by this void are an attractive proposition for private capital funds.

Citizens Financial Group, Inc. Reports Second Quarter 2021 Net Income of $648 million and EPS of $1.44

Underlying Net Income of $656 million and EPS of $1.46

Ally Financial reports second quarter 2021 financial results

Our strong financial trajectory, coupled with our 'Do it Right' culture, represent a powerful combination as we continue to serve our customers, employees and communities.

Generational Equity Advises Precision Restoration Services in its Sale to Private Investors

From emergency services to turnkey repairs, PRS works closely with customers to ensure job satisfaction on restoration projects.

Schwab Reports Second Quarter Results

Core Net New Assets Total $108.8 Billion, a Second Quarter Record

Demand for loan ETFs ‘skyrockets’ as inflation worries intensify

Niche sector’s assets almost double in six months

Martin Gilbert: Adapt like ETFs, or get left behind

Mutual funds need to constantly innovate

Truist reports second quarter 2021 results

Results for the second quarter produced an annualized return on average assets (ROA) of 1.28%

Alternative Investments