Managers of Wealth Americas

Miracle Mile targets HNW tech opportunity with new Chicago location

The national RIA managing $6.5 billion is bolstering its appeal to advisors and clients with an additional foothold in the Midwest.

Warren Buffett Is Selling Apple and Bank of America, but Here Are 3 Stocks He Plans to Hold Forever

While Buffett has been slashing his stakes in some of Berkshire's largest equity holdings and selling smaller positions entirely, there are three top stocks he plans to hold indefinitely.

BNY Expands iFlow's Fixed Income and Equities Insights

With this expanded capability, BNY’s iFlow will now be able to generate on-demand charts for shorts, holdings, and positioning, complementing existing flow views.

BlackRock sets up private markets fund platform for wealth market

BlackRock Private Markets is registered in Luxembourg and has three sub-funds.

Capital Group and KKR Advance Public-Private Investment Solutions for Individual Investors

The two new strategies are expected to be offered through financial professionals to the U.S. wealth market. Select institutional investors may find the strategies relevant in their portfolios as well.

Prudential Financial, Inc. Announces Third Quarter 2024 Results

The Company’s ongoing operations include PGIM, U.S. Businesses, International Businesses, and Corporate & Other.

US private payrolls growth surges in October

There is not much correlation between the ADP and BLS employment report.

Chubb reports record nine-month profit of $6.7bn

For the quarter, they also had strong premium revenue results in their North America P&C, international P&C, and life insurance divisions.

DPAM launches new sustainable US equity strategy

Degroof Petercam Asset Management’s US strategy follows an article 8 SFDR framework.

TD Asset Management Inc. Announces Risk Rating Changes for TD Global Technology Innovators Index ETF and TD Active Global Income ETF

There are no changes to the investment objectives, strategies or management of TD Global Technology Innovators Index ETF or TD Active Global Income ETF associated with the new risk ratings.

US and European interest rate cuts hang in the balance ahead of crunch week

The numbers for October are expected to show payrolls increased by 110,000, compared to the average monthly gain of 200,000 so far this year.

U.S. Banks Sitting on $750 billion In Losses On Real Estate Debt Related Securities-Which Sectors Are Most Exposed?

One deeply troubling aspect of the potential $750 billion in losses is that so much is tied to residential mortgage-backed securities (RMBS).

Five conservative funds to protect and grow your capital

Trustnet asked fund selectors which conservative strategies they currently favour.

AllianceBernstein's Case for Multigenerational Corporate Boards

Despite a growing body of evidence highlighting the benefits of age diversity on corporate boards, we’ve yet to see any regulation or governance codes that address this issue.

Aon’s Reinsurance Solutions generates 7% organic revenue growth in Q3’24

Aon highlighted strong growth across all major geographies and in NFP, driven by net new business and ongoing strong retention.

State Street Named Multiple Winner at 2024 ETF Express Awards

State Street’s ETF servicing business allows clients to engage easily and efficiently with the growing ETF market by leveraging its efficient proprietary technology and global operating model.

Lovell Minnick invests in US wealth manager Americana Partners

LMP marks the first outside institutional investor for Americana, which manages over $8.5bn in assets.

Reinsurance industry poised to meet demand at Jan 1, Gallagher projects strong 2025

He added, “While it’s still early, we now believe a flattish renewal is more likely than the downward pressure previously discussed.

AM Best’s outlook on Canada’s P&C segment remains stable despite C$3.1bn cat losses in 2023

Canada’s P/C insurance industry managed to achieve favorable financial results

TD Asset Management Inc. announces risk rating changes for select TD Managed Assets Program (TD MAP) Portfolios

The risk rating changes will be reflected in the TD MAP Portfolios' Simplified Prospectus and Fund Facts that will be filed on or about October 24, 2024.

Alternative Investments