Managers of Wealth Americas

Mosaic boosted by new strategic investment

The company now underwrites cyber, transactional liability, political risk, political violence, environmental liability, financial institutions, and professional liability.

Hybrid RIA RFG Advisory Takes First Outside Capital With Long Ridge Investment

The majority investment will be used to launch an equity ownership program and beef up RFG’s talent across multiple functions.

TD Asset Management Inc. Announces Capping of TD Short Term Investment Class

Changing market and regulatory environments have reduced the tax-efficiency benefits of corporate class structures in Canada.

Morgan Dempsey Collaborates with Merchant to Drive Adoption of Risk-Adjusted Returns Among Wealth Management Community

This partnership aims to provide innovative solutions that address the evolving needs of wealth management professionals seeking enhanced risk management strategies in an elevated-risk environment.

NewEdge Capital Group Continues Recruitment Momentum in First Half of 2023

NewEdge Advisors, NewEdge Wealth Divisions on Track to Exceed Last Year's Record Results

Rockefeller Asset Management Launches U.S. Small Cap Core Fund, Adding to Its Active Lineup of Small Cap Strategies

The Fund seeks to invest in quality domestic small cap companies with durable business models and enduring growth.

ICE Reworks Corporate Bond Trading Tool to Manage Market Risk

The ICE risk matching auction, which matches buyers and sellers of the same corporate bond or list of bonds to determine the best price for the transaction, was reworked and went live in recent months after years of being dormant.

Brookfield Re criticised for changes in US life insurer’s investment portfolio

Unite Here raised specific concerns about investments in Brookfield Property Partners

Bansk Group closes maiden fund on $800M

Woodstream, the largest independent pest & animal control platform in North America

NY Community Rises as Longtime Skeptic Turns Bullish on Bank Growth

This year the regional bank scooped up the failed Signature Bank’s deposits and lured six private banking teams formerly with First Republic Bank.

Global fintech funding falls to US$52.4bn, but it’s not all bad news

KPMG Pulse of Fintech – H1’2023

Gallagher’s Q2’23 net earnings reach $235.8m

The firm’s overall reported revenues increased from $2,008.4 million to $2,406.9 million

Aon’s Reinsurance Solutions delivers 9% organic revenue growth in Q2’23

Across the group, total operating expenses in Q2 2023 increased 2% to $2.3 billion

Sound Income Group Founder, CEO David Scranton to Speak at Private Wealth Midwest Forum

Barry C. Wheeles of Sound Income Strategies to Also Lead Roundtable

Pacific Legacy Wealth Partners Launches With Support From LPL Financial

They chose to affiliate with LPL’s supported independence model, LPL Strategic Wealth Services, which enables advisors to grow their business according to their vision.

European Private Credit Investor Apera Asset Management Adds Kudu Investment Management as Strategic Investor

To date, funds managed and advised by Apera have made 60 investments in companies, mostly in the information technology, healthcare, consumer discretionary, and financial sectors.

State Street to Service abrdn’s First Actively Managed ETF In Europe

Builds on State Street’s 30 year history of innovation in the ETF space

Parallaxes Capital Highlights Terminated TRA of a Leading Wealth Management Firm

TRAs help ensure that pre-IPO owners are economically aligned with new public shareholders

Robinhood plans 3rd attempt at UK launch with Jordan Sinclair hire

Robinhood today is a completely different business however, having listed its shares in 2021 and seen their price rise by some 40 per cent in the last year to a valuation of around $11.5bn.

Mission Wealth Earns Coveted Spot in FA Magazine's 2023 Top RIA List

The recognition is a testament to Mission Wealth's unwavering dedication to providing superior wealth management solutions to its valued clients.

Alternative Investments