Managers of Wealth Americas

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

StoneX Signs Letter of Intent to Acquire Intercam’s U.S. Wealth Management Entities

The parties are working toward finalizing terms and entering into a definitive agreement in the near future.

Global M&A powered by larger deals in first half, bankers show appetite for megadeals

Trump's tariff policies, kicked off by his self-styled "Liberation Day" on April 2, cast a chill over the markets

Scotia Global Asset Management announces fund closures

Mutual funds are not guaranteed or insured by the Canada Deposit Insurance Corporation or any other government deposit insurer, their values change frequently and past performance may not be repeated.

Merit Financial Advisors Partners with AMP Wealth Management and Expands Its Midwest Footprint

Based in Whitefish Bay, Wisconsin, AMP specializes in investment management and initially focused on serving dental professionals but has expanded to affluent individuals and small businesses.

$12B Hybrid RIA The AmeriFlex Group Transitions to Cambridge From Osaic

The AmeriFlex Group made the move because Cambridge could support its new affiliations, including a W-2 model for advisors who want to sell and stay, and a pure RIA-only option.