Managers of Wealth Americas

Citi Sells Private Market Funds Unit to Fintech Giant iCapital

As part of the sale, 20 Citi employees are set to join New York-based iCapital, which has some 1,800 employees.

Munich Re ‘optimistic’ for mid-year renewals, US property cat still attractive: CFO Jurecka

Munich Re held an earnings call with analysts during which the upcoming mid-year renewals were discussed by the company’s CFO.

LPL Financial Drops Data-Breach Defamation Suit Against Ameriprise

LPL agreed to dismiss a lawsuit alleging that Ameriprise had sent misleading information to customers about a potential data breach.

Mid-year renewals to mirror January & April trends as property pricing softens: Hannover Re’s Althoff

In the U.S., wildfires will likely be factored into the equation

State Street Global Advisors Research Examines Investors’ Risk Awareness Amid Market Volatility

The study is part of State Street Global Advisors ETF Impact series, which was created to explore the evolving role of ETFs in portfolio construction, risk perceptions, and investor behavior.

Polar Asset Management Partners Acquires Castlefield Associates Inc.

Prior to founding Castlefield, Mr. Schindler spent 18 years at the Ontario Teachers’ Pension Plan

Osaic Super OSJ Affiliated Advisors Lands 30 New Teams in Q1

Founder and President Rita Robbins says disruption and the desire for personalized support have helped attract advisor teams with about $1.5 billion in client assets.

Blackstone, Vanguard, Wellington to Launch Private Markets Fund

The companies have laid out plans for an interval fund, which will be managed Wellington and draw its investments from all three firms.

First Rate Launches Alts Data Management Solution to Revolutionize Wealth Management Operations

Empowering wealth management firms with the tools they need to streamline alternative asset management, reduce errors, uncover hidden insights, and make informed decisions faster - enabling them to thrive in an increasingly complex investment landscape.

Global Wealth Management Named on USA TODAY's Best Financial Advisory Firms 2025 List, #1 Advisory Firm in Southeast Florida

This recognition follows recent strategic growth milestones for GWM, including opening a new office in Palm Beach County and its expansion into Florida's West Coast with the acquisition of Gulf Coast Financial Planning in Lakewood Ranch/Sarasota.

$3.7 Billion Merger Launches Balefire, a New Brand and Business Growth Strategy

The new entity brings together over 60 professionals with complementary skillsets, offering comprehensive wealth management, strategic tax planning, and corporate solutions.

Investment Roundup: Hamilton Lane Launches VC Fund; GSAM Custom Public/Private Model Portfolios Go Live

In addition, Venturi Private Wealth taps Opto to bolster its private markets investment management capabilities.

Mariner expands in Ohio with Hyre Personal Wealth Advisors

This acquisition establishes Mariner's second office in Columbus and eighth location in Ohio.

Wells Fargo, NU Holdings Garner Heavy Retail Buzz Over Past Week — Here’s Why

The bank also cleared its twelfth consent order since 2019 earlier last week in its latest bid to lift a $1.95 trillion asset cap imposed on the bank by the Federal Reserve in 2018 due to its compliance issues.

World’s Largest Asset Manager Buys 1.3 Million Nio Shares in Q1

Despite the quarterly increase, BlackRock’s overall stake in Nio has declined significantly throughout 2024.

Ackman's Pershing Square to boost Howard Hughes stake with $900 mln investment

Howard Hughes had rejected Ackman's previous offer of $900 million for 10 million shares

Key 2025 strategies for business growth in South Florida

Despite the widespread optimism, local businesses should remain cautious as the economy adjusts to new tariffs.

A. J. Gallagher sees net earnings hit $709m in Q1’25 on strong segment growth

Meanwhile, net earnings in the firm’s risk management segment in Q1 2025 were $41.1 million, up from $39.3 million in Q1 2024.

Chubb, Zurich, National Indemnity Launch Excess Casualty Facility

This facility coverage solution will be available in the U.S. and will begin underwriting business immediately with coverage effective starting July 1, 2025.

Apollo Closes its Debut Secondaries Fund at $5.4 Billion, Exceeding Target

Brings Total Capital Raised Across Apollo S3 Platform to Nearly $10 Billion Since 2022 Launch

Alternative Investments