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.
Wealth and Asset Management
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
09/27/2022
ACON Investments invests in Mexican wealth manager Actinver
With the latest investment, ACON will own as much as 15% of Actinver’s capital.
09/23/2022
CAIS Announces Partnership with Ares Wealth Management Solutions to Support Greater Access to Alternatives for Independent Wealth Channel
Michael Arougheti, Co-Founder, Chief Executive Officer, and President at Ares, to Speak at the CAIS Alternative Investment Summit in October
09/23/2022
Mindy Diamond on Independence: Former $2B J.P. Morgan Team on Their New Chapter with Cresset
A conversation with Kevin McGuire and Sarah Burney, managing directors and wealth advisors at Cresset, one year into their transition.
09/22/2022
UBS Financial Advisor named to the Forbes/SHOOK Top Next-Gen Wealth Advisors list
Each advisor is chosen based on an algorithm of qualitative and quantitative criteria, including in-person interviews, industry experience, compliance records, revenue produced, and assets under management.
09/22/2022
Raymond James Seeks to Serve More Wealthy Clients
Raymond James has the capabilities to serve wealthy clients, but the new Private Wealth Advisor Program will help advisors better match the firm’s resources with client needs
09/22/2022
Citi to exit UK retail market
Citi's UK retail bank is small, comprising a single branch at its Emea headquarters in Canary Wharf.
09/21/2022
Itaú Private Bank reshuffles Miami execs in int'l strategy shift
The Brazilian group has effectively split its commercial efforts into two fronts: commercial strategy and commercial distribution.
09/21/2022
Six Ameriprise Financial Advisors Named to the Forbes “2022 Top 250 Wealth Advisors” List
“On behalf of Ameriprise, we congratulate the talented advisors who have earned a spot on this acclaimed list,”
09/20/2022
Saapping Confidence
Central bankers must be aggressive and patient.
09/20/2022
Signature Bank Named #1 in Private Bank and Business Escrow Services Categories of New York Law Journal’s 13th Annual “Best of” Survey
Also Named Second in Best in Business Bank Category; Consistently Ranked #1 or in Top Three for the Past 13 Years