07/29/2022
Raymond James Loses Head Count From Steward but Retains Assets in RIA Unit
The brokerage’s head count dropped a slight 1%, primarily due to Steward Partners moving out of its b/d; the RIA continues to custody assets with Raymond James.
Wealth and Asset Management
07/29/2022
Fieldpoint Private Wins Three Global Private Banking Innovation Awards
Annual Awards Name Fieldpoint Private Best Boutique Private Bank globally.
07/28/2022
Morningstar, Inc. Reports Second-Quarter 2022 Financial Results
While these investments have contributed to higher operating expenses in the near term, they position Morningstar for continued growth and the increased scale that we expect will drive long-term profitability.
07/28/2022
Round Table Wealth Management Named One of the Best Places to Work in New Jersey
Leading business Journal, NJBIZ, celebrates companies that benefit the state's economy, workforce and business realm
07/27/2022
Future Returns: How Goldman Private Wealth Clients Are Moving Toward Impact
That year, Goldman Sachs Asset Management bought Imprint Capital, a dedicated sustainable investing firm, and brought on its co-founders, John Goldstein and Taylor Jordan.
07/27/2022
The Great Inflation Balancing Act
With inflation reaching record levels on both sides of the Atlantic, Coutts Head of Asset Allocation Lilian Chovin takes a deep dive into what it means for investors.
07/27/2022
Instant impact: Ally Charitable Foundation invests in transformational grants for Black-led grassroots organizations
Additional $1.5 million investment in Detroit and Charlotte focuses on closing opportunity and wealth gaps
07/26/2022
Northern Trust Releases Sustainability Report
Company commits to reach net-zero carbon by 2050
07/26/2022
Bryan W. Adams Named a "Best CEO for Diversity" in Comparably's Top 100 Awards
CEO of Integrity awarded for his outstanding efforts to build and support a diverse workforce by Comparably, a widely respected company reputation platform
07/26/2022
Atria Welcomes $252 Million Practice
Spokane, WA-based Forster Financial Joins Atria's Cadaret Grant
07/25/2022
Crescent Pine Family Office Group is Latest Team Choosing Partnered Independence with Sanctuary Wealth
Joining from Fieldpoint Private, team manages $230 million in client assets and expands Sanctuary presence in NY Metro region
07/22/2022
Northern Trust Survey: Asset Managers Take a Closer Look at New Ways of Operating to Create Efficiency and Control Costs
Global survey of 300 investment managers details how evolving operations models, changing investment strategies and emerging asset classes impact views on outsourcing
07/22/2022
Fifth Third Private Bank Recognized as Best for High Net Worth Clients
The Global Private Banking Innovation Awards 2022 identify and celebrate the world’s preeminent Private Banks, Family Offices and Wealth Managers.
07/22/2022
U.S. inflation hits 9% and Everything is fine right?
The US 10-year government bond yield fell 8 basis points, suggesting that the market believes the Fed is in control of inflation.
07/22/2022
Private Bancorp of America, Inc. Announces Second Quarter 2022 Financial Results
Domestic events, including high inflation, have unfavorably resulted in increased non-interest expense, including employee compensation and professional services.
07/22/2022
BTG Pactual to open int’l platform to new client segment
The international product platform will be connected to the BTG Pactual app that will allow clients to check both their onshore and offshore accounts so they can see all their investments.
07/21/2022
Lauren Kinch and Andrew Baumgartner Join UBS Private Wealth Management in San Francisco
They join the firm from BNY Mellon Wealth Management where they spent the last five years advising clients and helping develop the firm’s wealth management platform offering.
07/21/2022
Strategic Capital Advisers to Join Focus Partner Transform Wealth, Strengthening Transform's Capabilities and Presence in Colorado
This partnership will enable us to leverage Transform Wealth's resources, intellectual expertise and deep bench of talent to enhance our strengths and continue to deliver highly personalized client service for many years to come.
07/21/2022
Credit Suisse Mexico and Actinver sign strategic alliance agreement
This is in line with Credit Suisse Wealth Management’s strategy to strengthen and simplify its offering in priority growth markets, including through strategic alliances.
07/21/2022
MJP Wealth Advisors Named to Financial Advisor Magazine’s 2022 Top 50 Fastest Growing Firms List
MJP Wealth Advisors assets per client grew by 30.5% from 2020 to 2021 and firm assets increased by 40.6% during the same period to $967.3 million at the end of 2021.