07/06/2022
US family office buys UK wealth firm
In a bid to expand its international presence
Wealth and Asset Management
07/06/2022
Former Merrill Lynch Advisor With $285M Joins RBC In California
Founded in 1909, RBC Wealth Management (U.S.) has $508 billion in total client assets with more than 2,100 financial advisors operating in 184 locations in 42 states.
07/05/2022
San Francisco has become so expensive that you need a net worth of $1.7 million to be 'financially comfortable,' survey says
That's compared to an estimated national average of $2.2 million, according to a polled sample of 1,000 American adults designed to represent the country.
07/05/2022
North America is seeing a hiring boom in private banking industry data analytics roles
Some parts of the world are investing more heavily in data analytics roles than others
07/04/2022
Ross Bennet Smith to Join Focus Partner Firm NKSFB, Expanding NKSFB’s Presence into the United Kingdom
Through RBS, NKSFB will gain additional talent as well as an international presence and expertise, while further expanding its position as a preeminent multifamily office and business management firm.
07/04/2022
NFP acquires wealth management firm Newport Private Wealth
The Newport team will continue to operate under the Newport Private Wealth brand, and its senior leadership will remain
07/01/2022
Credit Suisse Expands Funding to Nonprofit Organizations Leading Efforts to Improve Pathways to Career & Upward Mobility
The organizations provide educational pathways outside of traditional four-year degrees, enhancing their students' abilities to launch promising careers.
07/01/2022
BMO Recognized as Best Private Bank, Best Commercial Bank and Best Retail Bank in Canada
The annual World Finance Banking Awards recognize industry leaders, eminent individuals, exemplary teams, and distinguished organizations which represent the benchmark of achievement and best practices in a variety of fields.
07/01/2022
Barron's Names W Janet Dougherty to Top 100 Women Financial Advisors List for 2022
"As a repeat Barron's Top Financial Advisor, Janet exemplifies the qualities of a talented and respected advisor, one who puts clients' best interests first, always,"
07/01/2022
Eight Ameriprise Financial Advisors Named to the Barron’s Top 100 Women Financial Advisors List
"Congratulations to the advisors who were named to this year’s Barron’s Top 100 Women Financial Advisors List,"
07/01/2022
Dakota Wealth Management to Acquire Loveless Wealth Management
Strategic acquisition expands footprint into Montana
06/30/2022
Morningstar Completes Acquisition of Wealth Management Platform Provider Praemium's UK and International Business
The end-to-end Morningstar Wealth Platform adds to the data, research, portfolio analytics, and investment management
06/30/2022
Citigroup’s $US1b family office clients profit from wild markets
Some of the biggest and most sophisticated include Ray Dalio’s namesake family office, Michael Dell’s MSD Capital and Stanley Druckenmiller’s Duquesne Family Office.
06/30/2022
Raymond James Draws FA Team from Merrill in Louisiana
The team operates as Woods Brignac Wealth Management.
06/29/2022
International family office unveils Miami operation
To bolster its offering in North and Latin America
06/29/2022
Global Billionaire Wealth Surges by Nearly 18%
New Billionaire Census reveals wealth accumulation far surpassed population growth in 2021
06/28/2022
Fixed income: Update on US interest rates
Even after experiencing six months of historical rate moves—with the 10-year Treasury yield having spiked from 1.5% at end-2021 to last week’s high of 3.5%—the UBS Chief Investment Office (CIO) says they remain in awe of the heightened v
06/27/2022
UBS Private Wealth Management hires $500 million financial advisor team in Washington, D.C.
Mikail and Timothy join the UBS Northeast Private Wealth market, managed by Julie Fox, and report to Branch Manager Brendan Graham.
06/27/2022
UBS courts US investment heavyweights to boost valuation
Executives want to convince investors it is a global bank, not a European institution
06/23/2022
Five J.P. Morgan Wealth Management Advisors Named Barron’s 2022 Top Women Financial Advisors
J.P. Morgan Wealth Management continues to invest heavily in technology, top talent and resources to offer exceptional support for its advisors and clients.