Managers of Wealth Americas

Is the American dream 'on life support' for wealthy people?

Report finds an unprecedented rate of HNWIs wanting to move from themselves – and their money – abroad

Morgan Lewis Earns New Rankings in 2023 Chambers Global Guide

The firm is ranked in 55 practice sections and attained 99 individual lawyer rankings across the United States, Latin America, Europe, Middle East, and Asia-Pacific regions.

BlackRock, Standard Chartered join talks at new debt roundtable

Participants include officials from creditor countries China, India, Saudi Arabia, the United States and other wealthy Group of Seven democracies

7 Most Popular Ways Americans are Trying to Build Wealth

The U.S. unemployment rate has been hovering at a low level for several years

Elon Musk Donated $2 Billion Shares in Charity Last Year

Musk’s donations were made through a donor-advised fund, a type of charitable giving account that allows donors to contribute to the fund and recommend how the money should be distributed to charities over time.

Companies Are Striking Out With Customers: Why CX Is Pivotal to Customer Retention and Where Companies Are Falling Short

The 5th Annual Broadridge CX and Communications survey uncovers correlation between consumer demand for an elevated communications experience and companies’ abilities to retain customers

Investors Need To Prepare For Era Of 'Big Government,' BofA Says

The trends that will impact portfolios include the fact that the era of big government is back; the era of cheap money is over; and the ‘peace dividend’ has been spent.

Canada Life, IGM Financial and Power Corporation of Canada Donate $125,000 in Support of Urgent Humanitarian Relief Efforts in Türkiye and Syria

Donations from employees of the Power group of companies will also be matched through corporate giving programs.

Fixed Income Strategist: Pulling forward to push back

Since the beginning of the year, 10-year US Treasury yields have fallen by nearly 50 basis points and volatility has collapsed to levels not seen since June 2022.

Goldman Sachs chief tells partners he should have cut jobs earlier

David Solomon admits to private meeting that media leaks are damaging bank

Advisors are shifting service models from individuals to families

Majority of advisors moving toward new unified managed household model, Cerulli reports

Two Male Private Equity Heads Aren’t Better Than One Woman

The pair will rotate the chairman and chief executive officer roles every year; not exactly governance best practice, even if the roles are better off separated.

Bank of America reveals top retirement concerns amid inflation

Hardship distributions were also down, and used by a very slim minority — just 0.4% of savers turned to this method, down from 0.5% the previous quarter.

US equity market looks unlikely to lead the global pivot in sentiment

This has now risen to 5.15%, in line with the most recent median estimate of 5.125% from top Fed officials.

Truist sheds 5% of investment banking jobs on dealmaking slowdown

Truist offers retail and commercial banking, capital markets, asset and wealth management, insurance, and payments services, among others.

Investors obsessing over AI is latest symptom of the 'Amazon disease': Morning Brief

The speed of the infatuation with AI, chatbots, and all associated "innovations" has been stunning.

Bank of America CEO Moynihan pay falls in 2022

Bank of America is seeking to reward its best employees while keeping a lid on costs.

Despite Inflation Fears and Higher Interest Rates, State Street Survey Finds More Than Two Thirds of Institutional Investors Continue to Grow Private Markets Allocations

Private equity expected to remain the most in-demand alternative asset class in the next two to three years

State Street Global Advisors Survey: US Investors Remain Confident in Their Advisors' Ability to Navigate Market Volatility Despite Lingering Concerns About Investment Prospects for 2023

The survey found even with volatility in the market, 57% of US investors plan to keep their money ‘as is’ and stick to their long-term strategy.

New Lincoln Financial Group study reports one in three Americans struggles financially, but goal-setting is a game-changer

Company recommends three specific goals to help consumers turn their finances around in the months ahead

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