Managers of Wealth Americas

NorthStar Asset Management Q3 Profit Declines

Revenue for the quarter was $95.502 million, down from $108.115 million in the previous year.

ETFs attract more than $3.2tn to pass hedge funds

Lower fees and tax gains see growth of market as pricier hedge sector loses allure

Advisory firms redesign their offices to attract millennial clients

Office redos like SignatureFD's are the latest way financial advisory firms are adjusting their businesses

Prudent Group: Most Innovative Hedge Fund Manager U.S. and Europe and Best in Funds 2016 award

Prudent Group has recently been approved to distribute our fund products locally in Germany and Sweden to well-informed investors.

Crested Butte and 13 other ski areas sold to New York hedge-fund manager

$830 million transaction would be ski resort industry’s largest

Silvercrest Asset Management Group Inc. Reports Q3 2016 Results

Strong investment performance during the third quarter contributed additional growth of $456 million in discretionary assets.

CI Financial announces partnership with Aussie fund manager

The current GSFM executives will keep a 20% stake in the company under the agreement.

BlackRock Said to Explore Sale of Second Singapore Tower

The development could fetch about S$2 billion ($1.4 billion), the people said.

Avendus aims to manage $2 billion assets by fiscal end

Avendus Capital’s growth in the wealth management business has been aided by the exit of foreign banks such as Morgan Stanley and BofA-ML from the sector

Equity long/short hit by hedge rally's summer pause

Hedge funds were slightly positive in August: +0.14% as measured by the Lyxor Hedge Fund Index.

Private Equity: Why Smaller is Better (APO, CG)

Private equity firms until recently were famous for their outsized deals

Hedge Fund Clients Dump Humans for Computers and Still Lose

That signals the losses were replaced by fresh capital.

Battle lines taking shape: Cambridge and Cetera to keep commissions in retirement accounts

The wirehouse announced its decision last month.

Merrill Stops Mutual Fund Sales in Commission IRAs

The firm is phasing commission-based retirement accounts out altogether in April.

WealthPLAN Partners, Nation’s Fastest Growing RIA, Announces New Broker-Dealer, Custodian Relationships

Hybrid RIA with 28 Advisors and $2.2 Billion AUM Selects Securities America

State Street Global Advisors Survey Finds Increased ETF Use by Advisers

ETFs have a long way to go before they overtake mutual funds in the DC space

Steven Cohen Poised to Begin Managing Hedge Funds Again

Mr. Cohen’s new investment firm positions him to begin raising outside money as early as 2018

Calamos Asset Management Inc. Issues Quarterly Earnings Results

The firm’s revenue was down 16.1% on a year-over-year basis.

Hedge Fund Pioneer Lee Hennessee-Gradante Dead at 64

At the time, Hennessee was also one of the few women in the hedge fund space and was an early supporter of women’s involvement in the industry.

UBS Asset Management Americas Inc. Maintains Position in Wilshire Bancorp Inc.

UBS Asset Management Americas Inc.’s holdings in Wilshire Bancorp were worth $407,000 as of its most recent SEC filing.

Alternative Investments