08/11/2021
CI Financial Acquires leading RIA
Transaction will grow CI’s U.S. platform to US$74 billion
Wealth and Asset Management
08/11/2021
Bank Leumi USA and Herrendorf Family Foundation launch a $10,000 Emergency Grant for Chicago Students
In partnership with Chicago-based organizations and affiliates, the ‘We Got You’ emergency grant will support post-secondary students pursuing finance and business degrees.
08/11/2021
Harbourfront Group of Companies Reports 2nd Quarter 2021 financial results
“This has resulted in a significant increase in assets under administration and revenue growth during the quarter, a trend that we expect to continue into the remainder of the year.”
08/11/2021
Fiduciary Trust International expands team
“With changes to tax legislation at the federal and state levels on the horizon, clients need to have tax law experts on their side who can work with them to identify tax-efficient strategies for growing, preserving, and transferring their wealth ac
08/10/2021
California-Based Firm with $300MM in Assets Affiliates with Arkadios Capital
Atlanta-based Arkadios has grown to more than $4.25B in assets on its platform and more than tripled its revenue.
08/09/2021
Goldman Sachs Lures Workers Back to Office with Food
Goldman Sachs is reportedly offering free food as part of its push to convince employees from its global offices to ditch work-from-home measures and return home.
08/09/2021
Legacy Wealth Partners to Join The Colony Group
The Colony Group Further Expands In Southern California
08/06/2021
Fieldpoint Private Named ‘Best Private Bank’
Global Private Banker and The Digital Banker Recognize Firm as ‘Best Private Bank for Ultra High Net Worth Clients’
08/06/2021
Canaccord takes £125m cash injection to fund acquisition ambitions
The Canadian wealth manager expects to complete its deal for Adam & Co’s investment business in three months and has its sights set on further opportunities.
08/06/2021
UBS Global Wealth Mgmt bets on energy, financials, Japan in reflation trade
"I think the equity bubble, if it exists, is certainly not as big as the bond bubble," he added.
08/06/2021
Banker to World’s Richest Families Has $3.6 Billion Fortune
Byron Trott’s private equity firm now manages $28 billion
08/05/2021
Wealth Enhancement Group Acquires Serafini Financial Group, a Hybrid RIA Based in Maryland with $853 Million in Client Assets
Fast-Growing Wealth Management Firm's Latest Acquisition Expands its Presence in the Baltimore-Washington D.C. Region and Brings its Total Assets to More Than $39 Billion
08/05/2021
New solution to facilitate wealth managers investing into Mercer Private Markets Solutions
Mercer’s private markets solutions are designed to offer investors access to a wide spectrum of asset classes including private equity, private debt, infrastructure, real estate and sustainable themed opportunities.
08/05/2021
Transaction fees coming down; execution services nearly zero, says IIFL Wealth
“Both wealth management and asset management, fortunately for us, have a large tailwind for the next 2-5-10 years and both will continue to grow."
08/04/2021
Canaccord Genuity Reports First Quarter Fiscal 2022 Results
Excluding significant items, first quarter earnings per common share of $0.73 (1)
08/04/2021
Morgan Stanley Investment Management Raises $1.6 billion for North Haven Credit Partners III
The Fund, managed by the Morgan Stanley Private Credit team, will focus primarily on junior capital investments in private North American businesses including 2nd lien debt, mezzanine debt, preferred equity and special situations.
08/04/2021
$300 Million Wealth Management Practice Joining Cetera Network
Brumbaugh Wealth Management affiliating with Cetera through AdvisorNet Financial
08/03/2021
Private Wealth Management Advantages and Strategies Report Released
The report showcases the advantages of professional asset management.
08/03/2021
Stifel wealth manager’s profits surge amid recruiting slowdown
It’s the second straight quarter of lower recruiting gains for Stifel.
08/03/2021
Focused Wealth Management Ranked as Top 100 Financial Advisor in New York by investor.com
Newburgh Financial Advisor Cited for "Putting Their Clients’ Best Interests First"