07/28/2023
Goldman Sachs Asset Management launches corporate impact and green bond funds
Boost sustainability for fixed income investors
Wealth and Asset Management
07/27/2023
Pioneer Bancorp : Expands Wealth Management Division, Exceeds $1 Billion in Assets Under Management, With Acquisition of Hudson Financial LLC - Form 8-K
This acquisition further accelerates the rapid growth of Pioneer Wealth Management, with assets under management rising sharply from $30 million in 2015 to now exceed $1 billion.
07/27/2023
Stifel's wealth management breaks records even as overall earnings decline
That brought its net income available to shareholders to $125.03 million, a 17.5% decrease from last year.
07/27/2023
Santander sharpens $300bn wealth unit’s focus on UHNW and LatAm clients
The firm's global head of wealth management, Victor Matarranz, spoke to Citywire about how alternatives are key to their UHNW strategy along with boosting its Latin America advisor desks.
07/27/2023
J.P. Morgan Private Bank announces new U.S. Family Office Practice
The U.S. Family Office Practice will be led by William Sinclair, a 17-year veteran of J.P. Morgan and a member of the U.S. Private Bank Operating Committee.
07/27/2023
Family Offices Are Patiently Watching These Asset Classes for Opportunities
Real estate and private debt are among the investments these asset owners are eyeing.
07/27/2023
Steward Partners Welcomes Vantage Point Private Wealth
Former Merrill Lynch team with $450 Million has offices in California and Wisconsin
07/26/2023
Pension funds, other institutional investors and wealth managers plan to boost crypto investments
Nearly nine out of 10 (87%) believe investment opportunities in the sector are attractive on a 12-month view with 39% saying investment opportunities are very attractive.
07/25/2023
How UBS Goes Fishing for Big Game
In addition to the growth market of Asia, UBS is currently focusing on its business with wealthy US private clients.
07/25/2023
Baltimore wealth management firm expands to Florida with acquisition
The Vantage team will now operate under the Verdence brand, the release states
07/24/2023
Flagstar Bank, expands private banking business with the addition of six teams formerly with First Republic Bank
These six teams are regarded as among some of the best in the industry.
07/21/2023
Withers global art team recognized by Chambers 2023 HNW guide
Withers’ art law practice group advises the world’s leading collectors, art dealers, galleries, artists, museums and other cultural institution.
07/21/2023
Credit hedge funds – brighter opportunities for a cloudier second half
And riskier credit segments like high yield and leveraged loans are most at risk of spread widening and negative total returns, as borrower distress and default rates likely climb.
07/21/2023
Gibson Dunn Recognized in Chambers High Net Worth 2023
The firm was recognized with a top tier ranking in China: Private Wealth Disputes.
07/21/2023
Investors are bullish but expect continued market volatility, says Morgan Stanley
Investor sentiment is rising along with expectation of the Fed navigating a soft landing.
07/21/2023
Morgan Stanley Wealth Management Pulse Survey Reveals Growing Investor Optimism
Despite market bullishness, inflation remains a top concern
07/21/2023
Advisors have seen exponential client growth... and it's not over yet
The past five years have been great for client acquisition according to new survey, but there's more to come
07/20/2023
Sequoia Financial Group to Acquire Cleveland-based Cirrus Wealth Management
The transaction is expected to close on July 31. Financial terms were not disclosed.
07/20/2023
Sequoia Financial Group to expand with acquisition of Cleveland wealth manager
Cirrus Wealth Management has $387 million in assets and a team of 12 led by a 30-year veteran of the industry.
07/20/2023
Goldman Looks to Bolster UHNW Client Relationships in Wealth Biz
Meanwhile, the firm has completed the sale of the loan portfolio of its Marcus consumer business and is exploring a potential sale of GreenSky, which it acquired in March 2022.