09/27/2022
ACON Investments invests in Mexican wealth manager Actinver
With the latest investment, ACON will own as much as 15% of Actinver’s capital.
Wealth and Asset Management
09/23/2022
CAIS Announces Partnership with Ares Wealth Management Solutions to Support Greater Access to Alternatives for Independent Wealth Channel
Michael Arougheti, Co-Founder, Chief Executive Officer, and President at Ares, to Speak at the CAIS Alternative Investment Summit in October
09/23/2022
Mindy Diamond on Independence: Former $2B J.P. Morgan Team on Their New Chapter with Cresset
A conversation with Kevin McGuire and Sarah Burney, managing directors and wealth advisors at Cresset, one year into their transition.
09/22/2022
UBS Financial Advisor named to the Forbes/SHOOK Top Next-Gen Wealth Advisors list
Each advisor is chosen based on an algorithm of qualitative and quantitative criteria, including in-person interviews, industry experience, compliance records, revenue produced, and assets under management.
09/22/2022
Raymond James Seeks to Serve More Wealthy Clients
Raymond James has the capabilities to serve wealthy clients, but the new Private Wealth Advisor Program will help advisors better match the firm’s resources with client needs
09/22/2022
Citi to exit UK retail market
Citi's UK retail bank is small, comprising a single branch at its Emea headquarters in Canary Wharf.
09/21/2022
Itaú Private Bank reshuffles Miami execs in int'l strategy shift
The Brazilian group has effectively split its commercial efforts into two fronts: commercial strategy and commercial distribution.
09/21/2022
Six Ameriprise Financial Advisors Named to the Forbes “2022 Top 250 Wealth Advisors” List
“On behalf of Ameriprise, we congratulate the talented advisors who have earned a spot on this acclaimed list,”
09/20/2022
Saapping Confidence
Central bankers must be aggressive and patient.
09/20/2022
Signature Bank Named #1 in Private Bank and Business Escrow Services Categories of New York Law Journal’s 13th Annual “Best of” Survey
Also Named Second in Best in Business Bank Category; Consistently Ranked #1 or in Top Three for the Past 13 Years
09/20/2022
Credit Suisse dismisses 21 wealth management staff in Brazil
The employees are mostly support personnel from the wealth management unit.
09/20/2022
Global Wealth Report 2022 – record wealth growth in 2021 tapered by challenging 2022 market environment
Wealth per adult rose 8.4% to USD 87,489. Setting aside exchange rate movements, aggregate global wealth grew by 12.7% in 2021, which is the fastest annual rate ever recorded.
09/19/2022
Credit Suisse May Bring Back First Boston Name
First Boston had been a widely recognized name in investment banking when Credit Suisse first bought a stake in it in the late 1970s and then assumed full ownership in it slightly more than a decade later.
09/16/2022
Beaumont Financial Partners to Join Focus as a New Partner Firm
The transaction is expected to close in the fourth quarter of 2022, subject to customary closing conditions.
09/16/2022
$368 Million Advisor Team Joins UBS in Greater Los Angeles Market
Carl provides high net-worth clients with tailored wealth management solutions based on their unique family circumstances, concerns and aspirations.
09/15/2022
SLK Private Wealth, a $1.6 Billion Elite Team, Chooses Partnered Independence With Sanctuary Wealth
Three founding partners are top ranked advisors by Forbes/Shook, including the #6 wealth advisor in California
09/15/2022
Morgan Stanley Private Bank, National Association Receives Outstanding Rating for Community Reinvestment Initiatives
Rating given by the Office of the Comptroller of the Currency
09/15/2022
1832 Asset Management announces sub-advisor change
There will be no change to the investment objective of the Fund resulting from this change.
09/15/2022
Morgan Stanley counting fresh assets in the trillions
After its spate of acquisitions, Morgan Stanley now has relationships with 16.5 million clients, Andy Saperstein, its head of wealth management, points out.
09/15/2022
Republic Capital Group Invests in Wealth Management Center
"We believe with strategic cultivation, these talented individuals will be essential pillars in the future of the wealth management industry."