Managers of Wealth Americas

Why family philanthropy isn't just about writing a check

Family office advisor explains friction points in high-net-worth giving, and what holds back intergenerational planning

Banks are divided on how to tackle ESG pressure from stakeholders and lack clarity on who's responsible for managing climate risks

A new study from Bain & Company finds 40% of banks are still coordinating ESG initiatives through centralized teams, rather than embedded within business lines as is best practice

Bank of America: UHNW clients see art as key asset 'more than ever'

Fine art, long seen as a stable asset class that performs independently of other investments, is king for many rich clients, according to Bank of America's Head of Art Services Drew Watson.

US government debt climbs to $24.8 trillion

Debt interest payments now equivalent to one-third of Social Security budget

Mike Ryan: Errors of omission versus errors of commission

There are effectively two types of errors that plague decision makers – errors of omission and errors of commission.

Canadian banks continue feeling the pain from US banking volatility

Worst impacts were apparent in Canadian banks that have significant US-based divisions

How to invest a lump sum

Can a phase-in strategy help to avoid bad timing risk?

BofA Survey: 76% of Small Businesses Feel Well-Equipped to Survive a Recession

Entrepreneurs Remain Focused on Attracting and Retaining Talent Amid Inflation and Supply Chain Pressures

ABA, state groups: U.S. banking sector remains resilient

“While banks may have different business models and strengths, institutions succeed when they meet the needs of the communities they serve.”

Why EM right now?

In times of uncertainty, investors may be reluctant to put money to work in assets sensitive to global growth, rates, and risk appetite—like those from emerging markets (EM).

Why US company earnings forecasts look dead wrong

Given this economic backdrop, analyst forecasts for the earnings of US companies in aggregate still look much too optimistic.

US dollar to come under further pressure

The US has enjoyed a growth premium relative to the rest of the developed world in recent years, but we believe this will erode in the coming months.

The bad loan term that’s back for banks trying to spot a recession

And they’re rising, which sets off the kind of bells that have sent bank stocks down roughly 20% since early March, even as earnings from the sector are coming in healthier than expected.

13 must-dos for your preretirement checklist

And no matter whether you're an expert or not, you too need a checklist for retirement planning, especially if you're five to 10 years away from retiring.

There is no banking crisis: Morgan Stanley CEO James Gorman

Bank chief says fundamentals 'extremely healthy' despite Silicon Valley Bank collapse

BofA: Credit crunch fears drive investors into highest bond allocation since GFC

Most pessimistic month of 2023

Vestmark Goes Live With Direct Indexing

Direct indexing is just one component of Vestmark's VAST, a kind of personalized unified managed account, which allows for tax optimization and transition services across the entire portfolio.

Why are wealth management firms ignoring their own succession planning advice?

Financial firms often tell their clients about the importance of succession planning. They should practise what they preach

Citigroup CFO Mark Mason on how ‘careers are defined in times of crisis’

“When you look at the Globally Systemically Important Banks, the G-SIBs, we certainly have all types of requirements that ensure safety and soundness.”

Why Brazil could prove a major headache in UBS's takeover of Credit Suisse

Despite UBS acquiring Credit Suisse, in Brazil the latter is larger.

Comment, Analysis & Research