Managers of Wealth Americas

Conway, Opto to Bring Vintage Private Markets Funds to RIAs at Lower Minimums

The two firms will be offering clients vintage private market funds.

Secondaries Are Gaining a Foothold Among Financial Advisors

Funds that include secondary investments in private assets are a good gateway for investors new to alternative assets and are growing in popularity.

Waterfall Asset Management Expands Partnership with Onity Through Transfer of Reverse Mortgage Assets

This transaction is an exciting development for Waterfall

Summit Financial Adds Meeder Wealth Management

Addition of Meeder’s $400 million wealth management arm validates Summit as industry-leading pathway to growth for registered investment advisors (RIAs)

Hove Capital Management Expands to North America and Canada, Bringing 27 Years of Expertise in Fixed Rate Bonds and Wealth Management

The expansion into North America and Canada represents a new chapter in Hove Capital Management's storied history, allowing the firm to extend its acclaimed services to a broader audience.

CI Investment Services Inc. to Assume Client Accounts of Discount Brokerage Arm of Laurentian Bank Securities

Under the agreement, the accounts of approximately 2,050 clients with $250 million in assets under administration will be transferred from Laurentian Bank Securities to CI Direct Trading

NewEdge Capital Group Recruits Nearly $5.5 Billion to Its Platform in First Half of 2024

We’re proud that NewEdge has become a destination of choice for client-first, growth-minded advisors.

LPL Financial Kicks Off Focus 2024, One of the Largest Gatherings of Financial Advisors in the World

Almost 9,000 attendees convene in San Diego for LPL’s flagship conference, an annual groundswell of collaboration and connection to help advisors best serve the American investor and run thriving businesses

Hedge funds retrench on risk, fearful of increased volatility

The market rout has been painful for a number of hedge funds.

TBC Bank Group Announces 2Q and 1H 2024 Unaudited Consolidated Financial Results

Our core Georgian business remains extremely profitable

Global ETPs hit record $195.4bn in July, surpassing December 2023

Fixed income ETPs also set a new record with $60.5 billion in inflows, underscoring the broad-based demand across various fixed income exposures.

Slumping US tech stocks tempt some buyers to brave rocky market

The sell-off has made tech stocks less expensive based on price-to-earnings ratios

Research Management Systems (RMS): Key Considerations for Fixed Income Investment Managers

Compared to Equity, Fixed Income has a much larger investible universe, with complex instruments that vary in quality and liquidity.

TD Direct Investing launches fractional trading for Canadian investors

Make the most of your money with partial shares from TD Direct Investing

Vistra completes acquisition of Phoenix American Financial Services

Simon Webster, CEO of Vistra Group, stated: “Vistra’s vision is to make operating globally borderless and frictionless.

Robinhood's second quarter to benefit from meme stock revival, crypto trading

The company's popularity is immortalized in the retail trading saga of 2021,

Carlyle sells Cogentrix Energy to Quantum Capital in $3bn deal

This is an opportunistic purchase, and we plan to support the growth of the business.

Vistra completes acquisition of the Fund Administration and Transfer Agent business of Phoenix American Financial Services, Inc.

In particular, the move will enhance Vistra’s fund administration services to include an industry leading transfer agent solution and further deepen its private market capabilities.

PE still dominates institutional investor mandates in H1

The California Public Employees’ Retirement System, which reported $8.6 billion in second-quarter mandates, accounted for much of June’s activity.

K1 Announces Strategic Growth Investment in AI-Powered Board Management Software Platform, Board Intelligence

Partnership with K1 to drive the next phase of growth for Board Intelligence, enhancing its leading board collaboration platform for clients worldwide

Alternative Investments