12/21/2022
Heirs to $19B Face Succession Doubts From Family Offices
The next generation of wealthy families is confronting a variety of challenges ahead of inheriting large fortunes, according to a report.
Wealth and Asset Management
12/21/2022
How Nicola Wealth is doubling down on the institutional space
New leaders in firm's institutional division pave the way for institutions to benefit from the firm's expertise, first-class service, and multi-asset approach to investing
12/20/2022
J.P. Morgan and Lincoln Financial Merge Insurance Trust Funds, Joining Forces to Enhance Offerings in the Variable Insurance Trust Space
J.P. Morgan's subadvisory business oversees $75 billion in assets under management across variable annuity and mutual fund products and is a top five variable annuity subadvisor in the industry.
12/20/2022
Bluespring Wealth Partners Strengthens National Presence With $700+ Million Goldstein Advisors
Advisors The firm sought an established partner with strong cultural alignment to drive strategic growth
12/19/2022
Asset Management: Millennium’s secret weapon
Plus, short selling is back, metaverse ETFs, and Casablanca returns to the big screen
12/16/2022
Lincoln Financial Network welcomes Fountain City Financial to its national network of advisors
Team with nearly $200 million in assets under management specializing in serving the financial needs of those who serve others brings advisory expertise to Lincoln Financial Network.
12/15/2022
Wealth Enhancement Group
This Acquisition Grows Wealth Enhancement Group's Presence in the Tri-State Region to 12 Offices Across New York, Connecticut and New Jersey
12/14/2022
Emily Menjou of Exchange Bank Wins ABA Wealth Management Under 40 Award
The award recognizes wealth management and fiduciary professionals who are committed to the highest standards of achievement at work and in their communities.
12/14/2022
Hightower Facilitates Strategic Merger Between Hightower Bellevue and $350 Million Sovereign Wealth Advisors in Washington
Sovereign Wealth Advisors specializes in financial and retirement income planning, investment management, tax management and estate planning
12/14/2022
Clarfeld | Citizens Private Wealth Survey Finds Wealthy Americans Plan to Maintain or Increase Spending in 2023
Four in five plan to make portfolio changes in the New Year to reach financial goals
12/14/2022
A leading US Financial Institution selects Temenos to modernize its wealth management platform in the cloud
Temenos open platform to support leading US Financial Institution’s growth in wealth management
12/14/2022
The 2023 Wealth Management M&A Outlook
A data-driven analysis of M&A and valuation trends re-shaping the wealth management market.
12/14/2022
Northern Trust Asset Management’s Risk Report Highlights Drivers of Unexpected Portfolio Results
Analysis spans six years and comprises nearly 300 institutional portfolios totaling more than US$250 billion, plus 1,300+ investment strategies
12/14/2022
UBS advisor team Legacy Wealth Management named to the Forbes America’s Top Wealth Management Teams list
Legacy Wealth Management includes Financial Advisors Gerald DeMeo, Matthew Kroin, Brian Lacks and Paul Wexler.
12/13/2022
BlackRock — the world’s largest asset manager — says central banks are 'deliberately' causing recessions
In fact, the strategists believe that central banks are “deliberately causing recessions by overtightening policy” in an effort to bring price levels under control.
12/13/2022
Citi Sees Family Offices Swarming Bond Market and Fueling Rally
Bonds ‘deserve immediate attention’ as a ‘mild’ recession is expected next year, Citi Global Wealth said in a new report.
12/13/2022
Apollo defends push to retail investors amid Blackstone storm
Group rolling out gated product that seeks to recreate S&P 500 returns for wealthy clients
12/13/2022
SageView Acquisitions Add to Financial Wellness-Focused Wealth Manager Push
SageView CEO Randy Long discusses the firm's most recent acquisitions, and what types of advisers it will be focused on in 2023.
12/13/2022
IG Wealth Management Selects nesto to Help Grow Its Mortgage Business
New strategic agreement will leverage nesto's innovative digital mortgage platform to provide IG clients and Advisors with a modern mortgage experience
12/12/2022
Brookfield Corporation Successfully Completes Distribution of 25% Interest in its Asset Management Business
The Manager takes the name Brookfield Asset Management Ltd. and has been successfully listed on the New York Stock Exchange and the Toronto Stock Exchange.