Managers of Wealth Americas

JPMorgan CEO 'recovering well' after heart surgery

"It was caught early and the surgery was successful," the bank said in a statement.

Forget The Market, Wealthy Clients Want More Tax Advice From Their Advisors

Tax minimization strategies are discussed as early as the onset of his relationship with clients describing the potential savings that can be found in a smart strategy as “literally free money, and you don’t have to take market risk for it.

Wells Fargo Asset Management Wins Seven 2020 Lipper Fund Awards

The winners were announced last night at the fund research and analysis organization’s annual awards dinner in New York.

LatAm giant Sura targets Brazil for wealth push

The plan is to enter Brazil with Investment Management, its distribution arm in charge of institutional clients.

Raymond James Nabs $190M Bank Unit

This is at least the second bank wealth management program Raymond James has scored from Infinex in recent months.

The Untold Story of the Professor, Advisor, and University That Plan to Save Wealth Management

Unlike warnings of the past, the latest projections have startled observers, especially the wealth managers already struggling to find and hire young would-be advisors.

Franklin Closes Athena Capital Buyout With AUM Worth $6B

Franklin’s inorganic growth activities reflect capital strength and efforts to enhance its performance.

iA Financial Group focuses high-net-worth growth strategy exclusively on independent advice channel

"Both companies have served the private client needs of Canadian families, pension funds and foundations for generations, and bring a legacy of high-quality client service to their new home at CWB Wealth Management."

Wells Fargo Works to Shake the Taint of Past Problems

The Securities and Exchange Commission said the wirehouse and independent broker-dealer unit failed to properly train and supervise sales of such products between 2012 and September 2019.

Fiduciary Trust Company International Completes Acquisition of Athena Capital Advisors

The combination of our firms will enhance the experience we can deliver to high-net-worth and ultra-high-net-worth clients across the country."

Wealth Managers See Opportunity in Markets Pounded by Coronavirus Fears

With the spread of the coronavirus triggering the pounding of global markets last week, wealth managers are telling clients there is plenty of opportunity to profit.

‘Do more for me': Clients demanding digital banking options

“With all this ineffectively deployed cash out there, it allowed us to build these solutions really at the request of our clients.”

Veteran Merrill Advisor Breaks Away from $2.5 Billion Team

Brenda Cox, Senior Merrill Advisor is moving on to start Nspire Wealth an independent RIA in Denver.

Refinitiv boosts wealth management biz through acquisition

By integrating Scivantage’s solutions, Refinitiv has expanded its wealth management portals’ service offering

Investors Trust and Aiva join forces in Latin America

This is an important milestone in our efforts to use our combined professional experiences to collectively grow and reach new heights in terms of service and distribution."

First Republic Bank Declares Dividends on Four Series of Perpetual Preferred Stock for First Quarter 2020

A quarterly cash dividend of $13.75 per share was declared on its Noncumulative Perpetual Series G Preferred Stock.

Raymond James Hires $190M Borza Wealth Practice

Borza and his team will operate as Borza Wealth Management Group of Raymond James

Key Private Bank Selects Charles River Wealth Management Solution

"This signals a new chapter in the evolution of our business, and we are excited that we can better serve our clients by trading in all security types while reducing risk and improving efficiency across our investment functions."

Millions of wealth managers are racing to lock down next-gen financial advisers as they prepare for a wave of adviser retirements

Wealth firms need to be in position to win business from younger, more digitally native customers as they inherit wealth from baby boomers that have benefited from the long-running bull market.

Diversity of Asset Managers in Philantrophy

The study assessed the representation of women- and racial or ethnic minority-owned investment firms (“diversely-owned firms”), among investment firms used by the country’s top 50 charitable foundations.

Wealth and Asset Management