Managers of Wealth Americas

Aon’s Reinsurance Solutions delivers 9% organic revenue growth in Q2’23

Across the group, total operating expenses in Q2 2023 increased 2% to $2.3 billion

Sound Income Group Founder, CEO David Scranton to Speak at Private Wealth Midwest Forum

Barry C. Wheeles of Sound Income Strategies to Also Lead Roundtable

Pacific Legacy Wealth Partners Launches With Support From LPL Financial

They chose to affiliate with LPL’s supported independence model, LPL Strategic Wealth Services, which enables advisors to grow their business according to their vision.

European Private Credit Investor Apera Asset Management Adds Kudu Investment Management as Strategic Investor

To date, funds managed and advised by Apera have made 60 investments in companies, mostly in the information technology, healthcare, consumer discretionary, and financial sectors.

State Street to Service abrdn’s First Actively Managed ETF In Europe

Builds on State Street’s 30 year history of innovation in the ETF space

Parallaxes Capital Highlights Terminated TRA of a Leading Wealth Management Firm

TRAs help ensure that pre-IPO owners are economically aligned with new public shareholders

Robinhood plans 3rd attempt at UK launch with Jordan Sinclair hire

Robinhood today is a completely different business however, having listed its shares in 2021 and seen their price rise by some 40 per cent in the last year to a valuation of around $11.5bn.

Mission Wealth Earns Coveted Spot in FA Magazine's 2023 Top RIA List

The recognition is a testament to Mission Wealth's unwavering dedication to providing superior wealth management solutions to its valued clients.

Osaic Welcomes Vitucci Integrated Planning

Former Cetera team, with more than $250 million in total client assets, look to improve technology and client service experience

UK banks lead global rivals in passing on interest rate benefits to savers

The rapid interest rate hikes by central bankers over the past 18 months to combat the threat of inflation have been a boon for banks

Morgan Stanley IM merges away $529m Global HY bond fund

The new strategy will assume the structure of the existing sustainable approach, Citywire Selector has learned.

CI Financial Reports Total Assets of $398.9 Billion for June 2023

All financial amounts in Canadian dollars unless stated otherwise.

Petershill Partners partner assets under management rise in first half

The company had inflows of USD14.0 billion in its second quarter, and fee-paying inflows of USD1.0 billion in the same period.

Illumen Capital Releases Annual Impact Report On Impact Of Racial and Gender Bias Training in Asset Management

Report findings reveal that, despite increased industry attention to DEI, investors continue to seek guidance on making effective and lasting change

Bain Capital Closes Inaugural Insurance Fund at $1.15 Billion

Bain Capital employees committed the balance of the fund, continuing the firm’s heritage of being the largest investor collectively across its funds.

Edward Jones Moves More Advisors to Teams

Edward Jones advisors not only have the option to share offices, but they can now share clients.

CIBC Asset Management announces CIBC ETF cash distributions for July 2023

Unitholders of record on July 31, 2023, will receive cash distributions payable on August 3, 2023.

Allfunds unveils the Private Partners programme

In addition to its innovative technological roadmap, Allfunds is proud to unveil the Allfunds Private Partners (APP) programme.

Schwab's profit drops less than expected on asset management strength

Schwab has had to turn to supplementary funding sources to counter this churn.

Waverly Advisors Acquires Gwynn Management Company

Waverly continues intentional growth in the Atlanta market

Alternative Investments