Managers of Wealth Americas

NewRetirement completes $20m funding round

The majority of Americans – as many as 65%, per Charles Schwab’s Modern Wealth Survey 2023 – have no formal financial plan.

Jefferies Q1 profit misses estimates after loss tied to Weiss investment

Investment banking giants have been hoping for a recovery after almost two years

Integrated Partners and Wright, Ford, Young & Co. Team up to Unveil WFY Wealth Management

Full-service Corporate Accounting Firm Launches Wealth Management Division with Support from RIA Powerhouse

Manulife enters into reinsurance agreement with RGA

Agreement said to be the biggest such deal in Canada

New Merrill Portfolios Designed to Provide BofA Clients Predictable Income in Retirement

The new income-focused portfolios are designed to help with concerns over outliving retirement savings

Enhanced Capital Group Named to ImpactAssets 50 List, Showcasing 155 Impact Fund Managers Globally from Record Number of Applicants

The 13th annual list highlights impact investing industry maturation.

Eagle Capital Management’s first ETF debuts with $1.8 billion in assets

Henry is also the new ETF’s portfolio manager.

Manulife signs $4.3 billion reinsurance deal with RGA Life

LPL swipes $580M team from Merrill Lynch

LPL is strengthening its independent advisory presence in the East with the addition of a family RIA practice in Florida from Merrill Lynch.

Meet the fund managers: Investing in the American dream

These companies are already changing predictions for what the world will look like years from now.

State Street Officially Opens its New Kilkenny Office

State Street established its Irish operations in 1996

US fintech Coast secures $92m in mix of equity and debt capital to fuel product development

In addition, the fintech has received a further $67 million in committed debt capital from TriplePoint Capital and Silicon Valley Bank.

Wall Street just gave its highest year-end forecast yet for the S&P 500

The call comes after a surge in stocks pushed the benchmark index past his initial target of 5,200 less than three months into the year.

Shaping Wealth Develops AI-Powered Behavioral Finance Assistant

The AI program, Lydia, was developed with Alai Studios to help advisors connect with clients emotionally.

Pensionmark and Vestmark Announce Strategic Partnership to Help Shape the Future of Wealth Management

The collaboration between Pensionmark and Vestmark is a significant step forward in the financial services industry

CIBC Asset Management Inc. announces fund terminations

Effective immediately, units of the Funds are no longer available for new purchases

HDFC Bank and TD Bank Group sign an agreement to simplify banking experience for Indian students in Canada

Agreement expands existing global relationship between the two banks.

US equity investors increase risk appetite: S&P Global

S&P Global report shows expectations for returns have declined.

State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt

This offering reinforces State Street’s commitment to inclusion and diversity in the financial services industry

Fair Market Value Capital Partners and TD Asset Management jointly acquire a minority interest in PSA Italy from PSA International

PSA Italy operates three container terminals in the Port of Genoa and Port of Venice that are the premier gateway terminals serving the Northern Italian hinterland, handling a total of two million TEUs in 2023.

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