10/07/2022
Jensen Partners to support asset managers with investment from JB Capital
JB Capital primarily invests in areas that are not adequately served by institutional investors.
Wealth and Asset Management
10/07/2022
BSSF Wealth and Lighthouse Wealth Management Merge
The new organization will continue under the Lighthouse name.
10/07/2022
BNY Mellon Leaders Recognized by American Banker on 2022 Most Powerful Women in Banking List
Portney is a tireless advocate for talent development and her professional advancement initiatives have resulted in a considerable increase in the diversity of the finance organization over the last year.
10/07/2022
Bluespring Wealth Partners Expands West Coast Footprint With Addition of Welty Capital Management
Firm merges into Bedell Frazier Investment Counselling, further solidifying Bluespring Wealth’s California presence and commitment to supporting meaningful firm growth
10/06/2022
Merrill releases digital tool to match wealth clients with financial advisors
Merrill Advisor Match solves for this need by offering a simple set of questions to answer, serving up a personalized list of advisors and providing the option for the prospect to digitally schedule a meeting with the advisor of their choice.
10/06/2022
Wealth Enhancement Group Grows by Adding Scroggins Wealth Management, an Independent RIA with Over $370 Million in Client Assets
This is Wealth Enhancement Group's 11th Acquisition in 2022, Bringing its Total Client Assets to More Than $57.7 Billion.
10/05/2022
Merrill Advisor Match Transforms the Way People Find a Financial Advisor
New Digital Tool Makes It Easier than Ever to Match People Seeking Financial Advice to Financial Advisors
10/05/2022
Mercer Advisors Buys $1B AUM Goldstein Munger + Associates
Mercer's California-based addition adds to a string of 14 deals so far this year for the $38 billion AUM RIA.
10/05/2022
Citi Warns Charities Face Crisis Despite $2.4 Trillion Warchest
Report finds giving was already stagnating before donors were hit this year with declining asset values and elevated inflation.
10/05/2022
How Raymond James Wants to Help Advisors Up Their HNW Game
To participate in the program, advisors must “have a certain number of clients who [are] high net worth,” which Raymond James defines as having $2.5 million and above of investable net worth
10/05/2022
Raymond James Nabs $1.1 Billion Merrill Team
And a former Merrill Lynch advisor who managed $4.5 billion,quit to open a registered investment advisory firm in San Francisco.
10/04/2022
Oak Hill Capital buys Stone Point’s stake in wealth manager Kestra
Following the announcement of the new deal, Kestra has started the process recapitalisation of its alliance with its parents, Oak Hill Capital and Warburg Pincus.
10/04/2022
Ardian and iCapital Partner to Broaden Private Markets Investment Access for Wealth Managers Globally
Ardian’s network of wealth managers serving high-net-worth clients will gain streamlined access to Ardian's offerings via customized technology and solutions powered by iCapital.
09/30/2022
Altrata Enhances Wealth Intelligence Dataset with Over 2 million Profile Updates
Data expansion remains a priority for the new people intelligence brand
09/29/2022
The opportunity presented by middle-class millionaires
Instead of pursuing ultra-high-net-worth clients, more advisers should target the largest group in need of wealth management advice in America.
09/29/2022
RBC Wealth Management Teams with Transamerica and FuturePlan by Ascensus
New Product Helps Small and Mid-sized Business Owners Provide Essential Benefits to Employees by Reducing Administrative Burdens and Mitigating Risk
09/28/2022
Chase Buchanan Wealth Management Launches Financial Advisory Service for US Expats in Europe
Chase Buchanan Wealth Management has launched a financial advisory service focused on US expats working and living in Europe
09/27/2022
9 in 10 Women Feel Unprepared for a Recession: Ellevest Survey
The research findings are based on data from Ellevest’s new women’s financial health index and from its second annual financial wellness survey.
09/27/2022
M&A and Advisor Recruitment Are Top-of-Mind for Private Banks
Banks employ inorganic growth strategies amid heightened competition in wealth space
09/27/2022
Royal Bank of Canada completes acquisition of Brewin Dolphin
Deal creates premier wealth manager in the UK, Channel Islands and Ireland