Managers of Wealth Americas

Ares prepares strategies to meet wealth manager demand outside US

The firm’s wealth management solutions business is now a year old and is eyeing opportunities beyond its domestic borders.

Bank of America wealth arm registers 3% dip in Q3 profit

Total client balances decreased 12% to $3.2tn due to lower market valuations and net client flows.

Blackstone Charitable Foundation Announces $3M Grant To Significantly Expand Career Accelerator with Blackstone Career Pathways Partner Year Up

Blackstone Career Pathways will continue to expand across portfolio companies; builds on success of the Blackstone Veterans Hiring Initiative, with more than 100,000 veterans, veteran spouses and caregivers hired across portfolio since 2013

Atlantic Union Bank Wealth Management Names Mitch York Chief Investment Officer

York received his bachelor’s degree in business administration from Eastern Kentucky University and his master’s from The University of South Florida. He currently resides in Richmond, VA.

Credit Suisse Places U.S. Asset Management Arm for Sale - Source

Initial expressions of interest from potential buyers are due in at the end of this week, said the source, who spoke on condition of anonymity to discuss private information.

UBS Hires $1 Billion Advisor Team in Providence, Rhode Island

This team of professionals are a great addition to our firm, helping to strengthen our wealth management offering in the region

Goldman Sachs CEO Solomon is undoing some of his biggest moves in major bank shake-up

Goldman will also fuse its investment-banking and trading operations under one group run by Dan Dees, Jim Esposito and Ashok Varadhan.

BNY Mellon Reports Third Quarter 2022 Results

The company's earnings release along with the quarterly financial highlights and other earnings-related documents

Global wealth set to contract over 2% in 2022

Average nominal growth of financial assets is expected to be at 4.6% until 2025, according to Allianz

Wealth Enhancement Group Selects CAIS to Expand its Alternative Investment Capabilities

Jeff Dekko, CEO of Wealth Enhancement Group, to Speak on RIA M&A Panel at the CAIS Alternative Investment Summit taking place October 17-19 in Los Angeles, California

Brown Brothers Harriman’s Center for Women & Wealth Launches The Owners’ Council

The Council creates a forum for a select group of 100 business owners and c-suite executives to exchange ideas and support each other's success

Apex Group appointed by Herakles Investment Partners

This announcement follows the recent expansion of Apex Group’s pioneering ESG Ratings & Advisory Services

First Republic Reports Third Quarter 2022 Results

This quarter’s results demonstrate the durability of our client-focused business model and service culture.

Allianz Global Wealth Report 2022: The last hurrah

This amounts to adding two eurozones to the global financial pile.

Global Asset Management Growth Expected to Slow

Broadridge expects significant opportunities to be had aligning business strategies to meet shifting secular trends, many of which, if missed, will increasingly bifurcate the market between winners and losers.

Bank of America Private Bank Study Finds Younger Investors Turning to Alternatives, Sustainability and Digital Assets to Create Wealth

75% of young investors say it's impossible to achieve above-average returns solely with traditional stocks and bonds

Wealth and Asset Management