Managers of Wealth Americas

Innovative CPA Group Launches RIA To Capture Client Wealth Management Demand

Connecticut-based Innovative CPA Group has launched an RIA arm offering wealth management, including alternative investments.

Elevation Points Stakes $1B Raymond James Breakaway

Two second-generation advisors and their fathers are starting up the $1 billion Waycrest Wealth with a minority investment from Elevation Point.

Ethos and Origin Partner to Offer Free Budgeting and Wealth Management

New benefit gives Ethos policyholders access to Origin’s AI-driven personal finance management platform, including budgeting and financial planning, as well as spend and investment tracking

Ex-Intel CEO backs Trump's sovereign wealth fund plan — and says it can help the US keep up with China in the tech race

He argued private markets can't provide the long-term capital US tech breakthroughs need.

True North Advisors Expands West Coast Presence with Acquisition of Blue Investment Partners

Strategic Transaction Adds $353M in AUM, Enhancing Investment Opportunities and Accelerating Growth in Northern California

The Mather Group, Brand Asset Management announce deals

Consolidation continues in US wealth management industry.

Merrill Ordered to Pay Clients Nearly $3.7M Over PE Investments

The FINRA panel also unanimously declined to expunge the customer dispute from the record of the former Merrill advisor involved in the matter, although she wasn’t named as a party to the arbitration.

Partners Group opens office in Miami

The Miami office is Partners Group's sixth office in the Americas and brings the firm's total number of offices worldwide to 23.

L&G and Blackstone announce strategic partnership to accelerate growth ambitions

L&G’s annuities business will leverage Blackstone’s private credit origination platform to access a pipeline of diversified investment-grade assets, predominantly from the US.

Halo Investing Expands Suite of Investment Capabilities with Launch of Advanced Wealth Solutions

Designed for the modern advisor, the offering empowers financial professionals to scale their practice and deepen client relationships with institutional-caliber investment capabilities

Composition Wealth Adds Two Advisory Teams; Reaches $9.5B in AUM

National wealth management firm's two new advisory teams strengthen Bay Area presence and enter Columbus, Ohio market

Former CBIZ CIO Launches New RIA with Alts Focus

Advisor Anna Rathbun goes live with Grenadilla Advisory, a Cleveland-based RIA specializing in creating personalized alternative investment portfolios for clients.

BNY Taps iCapital to Beef Up Its Alternative Investment Capabilities

BNY will integrate iCapital funds and investment management capabilities into its Alts Bridge platform.

Truist Financial Sees Relative Strength Rating Rise To 75

On Monday, Truist Financial (TFC) received an upgrade to its Relative Strength (RS) Rating, from 67 to 75.

BBVA to roll out GenAI tools to 100,000 employees via Google Cloud

This data follows the bank's deployment of 11,000 ChatGPT licences from OpenAI.

Cetera Launches First in a Planned Line of Alternative Investments Models

Cetera Blended Alternatives Model-Moderate will feature private equity, private credit and private real estate funds.

State Street Global Advisors Rebrands as State Street Investment Management

New brand name and visual identity reflect the asset manager’s growth and strategic ambition as the leading partner and provider of innovative investment exposures and tailored solutions for its clients across global markets

State Street and UC Investments Forge Strategic Alliance to Expand Access to Wealth Building Tools for Individuals

The initiative will combine the latest investment technologies and artificial intelligence to give individuals direct access to a broader spectrum of investment opportunities, including private markets.

State Street Corporation Announces Planned 11% Dividend Increase and Preliminary Stress Capital Buffer Requirement

State Street continues to be authorized to repurchase common shares under its existing share repurchase program previously approved by its Board of Directors.

Alternative investments can support a pension-style portfolio for high-net-worth clients

But due diligence and relative weighting matter