12/23/2020
U.S. Finds Credit Suisse Lacking in Crime-Fighting
The bank is due to report back to the Fed on improvements it is planning to its organization.
Wealth and Asset Management
12/23/2020
Robo-Advisors: The Middle Ground Between DIY Investing And Traditional Advisory Services
CEO of Fortu Wealth, which envisions private banks offering clients digital wallets designed for payments and alternative investments.
12/22/2020
UBS Private Wealth Management Hires USD 1.7bn Philadelphia-Based Financial Advisor Team
Scott has decades of experience in the financial services industry and spent the past 20 years at Goldman Sachs
12/22/2020
Eaton Vance Floating-Rate Income Plus Fund Announces Board Approval of New Investment Advisory Agreement
Eaton Vance provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world.
12/22/2020
Personalizing Advice from a Digital Distance
Surprising findings from a Broadridge investor survey show how Covid-19 is deepening the bond between financial advisors and their clients.
12/22/2020
Goldman Sachs, once reserved for the rich, is close to offering wealth management for the masses
The bank has begun internal testing of a new automated investment service ahead of a broader rollout early next year, according to an email obtained exclusively by CNBC.
12/21/2020
Lessons from 2020
Academics have argued for years that the US is past its best.
12/18/2020
Wells Fargo Wins for Sustained Excellence at 2020 S&P Global Platts Energy Awards
Through these agreements, Wells Fargo has committed to purchase nearly 200 MW of new renewable energy annually.
12/18/2020
MAST 2021 Outlook: The Great Normalization
After a challenging 2020, we are optimistic 2021 will be much better although it may take a few months to get the pieces in place for a pronounced recovery.
12/18/2020
Strategic Global Advisors Selects Northern Trust for Middle Office Outsourcing and Foreign Exchange Solutions
The Northern Trust team is an exceptional group of talented individuals who are committed to being not just a vendor, but also a partner.
12/18/2020
Move Over, Bonds. It’s Stocks’ Turn in Emerging-Market Spotlight
Bets come after decade-long underperformance by stocks
12/17/2020
Guardian Capital Group Limited to Acquire BNY Mellon’s Canadian Wealth Management Business
The acquisition adds more than $5.5 billion of assets under advisement, of which a large portion relates to assets administered on behalf of ultra-high net worth families, and expands Guardian’s current core wealth management capabilities in the ult
12/17/2020
The Modern Family Office: A New Kind Of Investor (That's Here To Stay)
According to a 2018 piece in The Economist, family offices managed assets worth an estimated $4 trillion, surpassing the global hedge fund industry and allowing them to compete with established qualified investors in some of the most attractive, albeit mo
12/17/2020
New Realities in Wealth Management: Growth Amplifies Prior to the Storm
Aite Group estimates total client assets to have reached US$29.1 trillion at the end of Q3 2020, up 3% from 2019.
12/17/2020
The Gender Wealth Gap: Why It Matters, and What You Can Do To Change It
While the gender pay gap focuses on compensation differences between men and women, the gender wealth gap represents a larger financial picture issue.
12/17/2020
Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects
The survey highlighted that the majority (84%) of asset managers have lost investors to digital-first disruptive competitors in the previous 12 months.
12/16/2020
Covid-19 Philanthropy: Spotlight on Major Giving in 2020
The report also discusses why major giving is different from other forms of funding and considers the many benefits it brings to the organizations that harness its potential.
12/16/2020
State Street launches cloud-native Alpha Data Platform for wealth managers
The platform enables clients to seamlessly assemble and access investment data spanning internal and third-party services across their investment processes.
12/15/2020
Asset and wealth management revolution: The power to shape the future
With control of more than US$110 tn, the asset and wealth management (AWM) industry has the unparalleled influence to shape a better future for investors, shareholders, the economy and wider society.
12/15/2020
MSP Sports Capital Invests In McLaren Racing
MSP Sports Capital provides strategic capital at the intersection of McLaren Racing's continued success and announcement of a full 2021 racing calendar.