Managers of Wealth Americas

Sura IM completes acquisition of Colombian asset manager

Sura is currently waiting for market approval in both Colombia and Luxembourg to place products on the platform.

RBC recruits $750M advisor in latest grab

Grayson is one of three dozen hires that RBC has picked up in the Bay Area within the past three years, according to the firm.

Broadridge Schedules Webcast And Investor Conference Call To Review Fourth Quarter And Fiscal Year 2020 Results On August 11, 2020

A replay of the webcast will be available and can be accessed in the same manner as the live webcast at the Broadridge Investor Relations website.

JP Morgan AM unveils ESG integration policy

ESG integration aimed at achieving sustainable risk-adjusted returns is about using research, insights and data to inform investment decisions.

Merrill Lynch Revenue Slips 10%, Asset and Account Growth Slows

Merrill’s more than 14,000 brokers opened 6,000 net new client accounts in the quarter, down from 7,500 in this year’s first quarter and the high-water mark of 10,200 new accounts in last year’s second quarter.

Aequitas Wealth Of L.A. Acquired By Miracle Mile Advisors

This partnership expands our market and brings a committed team of experienced professionals who are aligned with and support our strategic growth objectives

Scotiabank publishes Green Bond Report

To date, funds from the Bond have been allocated to businesses that have qualified in the green building and clean transportation categories.

Advisor Group And Triad Advisors Announce Recruitment Of Tribe Financial Group

Oregon-Based Independent Wealth Management Firm with $100 Million in Client Assets Affiliates with Advisor Group Member Firm Focused on Hybrid Advisor Segment

Morgan Stanley Second Quarter 2020 Earnings Results

The current quarter included intermittent net discrete tax expenses of $134 million which had an impact of $0.08 per diluted share.

Bernstein Private Wealth Joins NFLPA Advisor Network

Bernstein will be among a select few advisory firms registered by the NFLPA to work with its network of nearly 5,000 athletes.

AB Announces June 30, 2020 Assets Under Management

Year-to-date through June, these redemptions amounted to approximately $8.9 billion of the total expected redemptions of $14 billion

Pershing: The 4 biggest trends in LatAm wealth management

Pershing’s John Ward outlines the key changes the region’s wealth players are making to their business as they adapt to a changing industry.

Wells Wealth Division Profit Down 70%, Advisor Count Extends Slide

We are extremely disappointed in both our second-quarter results and our intent to reduce our dividend

BNY Mellon Reports Second Quarter 2020 Earnings Of $901 Million

Provision for credit losses of $143 million primarily reflecting increased downgrades and the continuation of the challenging macroeconomic outlook.

Rockin’ Steady by Oppenheimer

The S&P 500 has seen churn over the past month as the market seeks its next catalyst

Citigroup reports better-than-expected earnings on strong trading results

Revenues increased 5% from the prior-year period

JPMorgan Chase beats estimates, but second quarter profits plunge

JPMorgan also set aside another $8.9 billion last quarter to prepare for credit losses as the pandemic weighed on the global economy.

Eaton Vance’s RIA Nears $10B With WaterOak Deal

The companies did not disclose other terms of their deal, which remains contingent on certain closing conditions.

World Wealth Report 2020

High net worth individuals show interest in sustainable investing, scrutinize fees and want hyper-personalization

Here is why Morgan Stanley (MS) recent weekly performance of 3.76% shouldn’t bother you at All

In response to the ten-fold increase in the number of family offices since 2008, the report provides a broad discussion of best practices that address the key questions Morgan Stanley single family office clients raise most often.

Wealth and Asset Management