Managers of Wealth Americas

Raymond James Climbs Muni Manager Rankings After Hiring Spree

Municipal borrowers have issued nearly $320 billion of long-term debt so far this year, a 37% increase from the same period a year ago.

Broadstreet Impact Services Successfully Completes First SOC 1 Audit

The SOC 1 audit is particularly valuable for clients in Broadstreet’s fund administration business—a line of work launched several years ago to complement the firm’s other impact investing and advisory efforts.

IEQ Capital and EPIQ Capital Group Combine to Form ~$32 Billion Investment Advisor and Multi-Family Office

The transaction represents a highly synergistic and complementary partnership between two RIAs

Northern Trust Hedge Fund Services Expands Capabilities to Meet Growing Demand for Energy Investing

The new energy and physical commodities offering will be available through Omnium, Northern Trust's integrated middle office

Warren Buffett Continues to Reduce Bank of America Stake, Sells $982 Million in Stock

This move signifies Buffett’s significant retreat from an investment

Advisor Sentiment Index: Modest Optimism Despite Uncertainties

The monthly advisor index improved slightly for both the market and the economy.

Elliott Sends Open Letter to Its Fellow Southwest Shareholders

Reiterates Framework for a Comprehensive Solution at Southwest

Columbia Bank set for Freehold Bank merger in October

The anticipated completion and systems integration for the merger is slated for October 5, 2024, subject to the satisfaction of customary closing conditions.

Callan Adds Alternative Investments Coursework to Its New Portal, Callan On-Demand Education (CODE)

Unique platform launched in April offers institutional investing education

The Prudential Foundation commits $3.3 million toward homeownership solutions

The homeownership gap between white and Black families has remained largely unchanged since the 1960s.

LPL and Raymond James Now Offer Inspire Investing’s Fidelis ETF

Wallick Institutional is a division of Wallick Investments, LLC

Baillie Gifford US Growth: Investor patience ‘will wear thin’ over underperformance

In the trust’s annual result, it revealed that its underlying assets grew by only 16.2 per cent throughout the year, compared to a 24.8 per cent gain in the S&P 500.

Aegon reports first half year 2024 results

This set of results provides a solid basis to raise the interim dividend to 16 eurocents per share, up 2 eurocents compared with the 2023 interim dividend

Avoiding Wipeout: How to Ride the Wave of Private Markets

Companies will need to develop new capabilities to succeed in the fast-growing private assets market.

Manulife Investment Management Shares Analysis and Investment Insights within Natural Capital, TCFD and SRI Reports

The reports highlight Manulife IM's commitment in seeking to deliver strong long-term investment performance

US asset manager Vanguard raids KPMG for GC replacement

Tonya Robinson to join in October following Anne Robinson’s exit to IBM in July

Nedgroup Investments outsources to Northern Trust

Northern Trust will support Nedgroup Investments with its new fixed income platform through its Integrated Trading Solutions (ITS) offering.

Microsoft's dominant 21st century offers a key lesson for stock market investors

In this exercise, BofA teases out two key features of any market always worth keeping in mind for investors — composition and concentration.

Multigenerational team from Baird moves to Raymond James

The advisor trio, a father and his two sons, are joining the firm’s employee advisor unit in Indiana after managing more than $290M.

State Street Announces Agreement with Taurus to Deliver Full Service Digital Platform for Institutional Investors

Agreement will add tokenization and digital custody services to firm’s existing Fund Administration and Accounting capabilities for Digital Assets