Managers of Wealth Americas

CI Financial Reports Total Assets of $236.5 Billion for February 2021; Wealth Management Assets Reach $100 Billion for the First Time

All financial amounts in Canadian dollars unless stated otherwise.

Jefferies Committed to Wealth Management, Executive Says

Production per advisor averages around $2.3 million, surpassing the million-dollar-plus averages at industry whales such as UBS Wealth Management USA, Merrill Lynch and Morgan Stanle

Wells Fargo to end its Abbot Downing wealth management brand for the ultra-rich

Abbot Downing was announced in 2011 to combine multiple existing units at the bank that served the rich.

Savant Wealth Management: Reaches $10 billion milestone

The milestone can be attributed to Savant’s long-term growth strategy and its client-centric model offering comprehensive wealth management services

Morgan Stanley’s Portfolio Risk Platform Wins Celent Model Wealth Manager 2021 Award for Products and Platforms

Firm recognized for industry-leading risk management technology solutions and analytics that help its Financial Advisors mitigate risk in client portfolios.

Insights from our survey of family offices across the globe

In uncertain markets, family offices have been relatively unflustered, with only 23% anticipating making material portfolio changes.

Credit Suisse Releases 2021 Hedge Fund Investor Survey

Hedge funds are favored asset class to enhance traditional 60 / 40 model – 70% of investors plan to make changes to their portfolio in 2021 due to the current environment of lower bond yields.

Future Returns: How UBS Surpassed a $5 Billion Impact Goal

The fund also financed grants for academic cancer therapy research and access to cancer care in developing countries through a percentage of the manager performance fee and 1% of royalties on any drugs that came to market.

Northern Trust Launches Operational Risk Consulting Service for Front Office Solutions Business

The new capability provides expertise to investment organizations seeking to optimize operations and identify risks across their front, middle and back offices.

Reaching High-Net-Worth Investors Means Funneling the Right Resources

Engaging the HNW market will require asset managers to shift distribution models and adopt technology

Canaccord Genuity Group Inc. Provides Shareholder Update

Client assets include Assets under administration (AUA) and assets under management (AUM) which are non-IFRS measures that are common to the wealth management business.

Rotating the Old Normal

We are now even more strongly of the view that yields need to rise to levels closer to 3%.

The challenge of rising bond yields

Investment Insights by our experts and thought leaders

Sea Change: Ensuring Operational and Technology Readiness with Geneva

While some milestones in the transition timeline have been adjusted due to the pandemic and many accounting questions are still being sorted out, the time is now for firms to prepare, to avoid being caught off guard by these looming deadlines.

Wells Fargo to Merge Wealth Management Sales Regions

The shifts, which will occur over several months, follow a reorganization of Wells Fargo Advisors less than two years ago that eliminated eight regions and senior field positions.

RBC Global Asset Management Inc. announces February sales results for RBC Funds, PH&N Funds and BlueBay Funds

Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada and only include Canadian prospectus qualified mutual funds.

Scotiabank announces sale of its operations in Guyana

First Citizens is one of the leading financial services groups in the English-speaking Caribbean.

Greed driving retail investors into riskier assets: Money manager

I want to be in on SPACs, I want to be in on crypto, I want to be in on the hot new issue.

JP Morgan Reportedly Shutters its Wealth Management Business in Mexico

Wealthy individuals are increasingly feeling unease in Mexico, with AMLO launching a crackdown on tax evaders.

Forbes Ranks Jeffrey Fratarcangeli The Top Private Wealth Advisor In Michigan

It's a privilege to help them navigate life's key milestones and to accomplish their financial goals while preserving their wealth for future generations of their family.

Wealth and Asset Management