11/13/2020
CI Financial Reports Financial Results for the Third Quarter of 2020
Total wealth management assets as at September 30, 2020 were $66.1 billion
Wealth and Asset Management
11/13/2020
The $5tn club: Merger mania sweeps asset management industry
Only half of investment houses will still exist by 2030 as size becomes crucial to success, research predicts
11/12/2020
WealthTech ranked as top wealth management trend on Twitter
Outside of trending wealth management themes, California-based automated investment service firm Wealthfront claimed the top spot as the most mentioned company, followed closely by The Goldman Sachs Group and Bank of America.
11/12/2020
Cidel wins “Digital lnnovator of the Year” Award
It is this commitment to innovation and excellence that has allowed the bank to become a key player in the UHNW space, and consequently to win such a coveted award.
11/09/2020
Four Key Multi-Family Office Insights From 2020
The report offers insights into the trends and best practices shaping multi-family offices (MFOs) across the globe — here is a glimpse into the key findings.
11/06/2020
Doyle Wealth Management acquired by Canadian firm
Strategically located in fast-growing Tampa Bay area, creating unique cross-border opportunity for Canadian retirees
11/05/2020
History In The Making: What Are The Trends Among Family Offices?
The U.S. played a significant role in the peace deal between the UAE and Israel.
11/05/2020
Northern Trust Named Best Private Bank in the U.S.
Financial Times Group Awards Northern Trust with Best Private Bank in the U.S. with Commendation for Thematic Investing
11/04/2020
Eaton Vance Wealth Unit Wraps Up Purchase of $2.3B RIA
The news comes about one month after Morgan Stanley said it was buying asset manager Eaton Vance for $7 billion.
11/03/2020
Family offices are hiring like crazy for investment jobs
Many banks and asset managers are slowing hiring or laying off workers throughout the pandemic.
11/03/2020
The Wealthy Have Their Election Escape Plan Ready
Expect to pay upwards of $100,000 for citizenship of a Caribbean nation, or over double that for residency in an E.U. country like Portugal.
11/02/2020
Rivals cited as possible Wells Fargo AM suitors
Goldman, J.P. Morgan Chase said to be on list of potential buyers of money manager
10/29/2020
Prudence Urged As Families Transfer Wealth Ahead Of The Biden Blue Wave
Biden has announced several proposals to raise taxes on high-income people and businesses.
10/29/2020
Northern Trust Front Office Solutions Delivers Advanced Research Management and Investment Analysis Features for Asset Owners
New modules arm complex asset allocators with centralized investment research and analytics capabilities.
10/29/2020
CIBC Asset Management launches actively-managed ETF Series on three fixed-income pools
They include actively-managed investments in government and corporate bonds across the spectrum of investment-grade and high-yield, geography and currency.
10/29/2020
Credit Suisse Shutters Funds in Asset Management Review
Credit Suisse earlier this month said that Aventicum Capital Management, a joint venture with the Qatar Investment Authority, will close two groups of funds and return capital to investors.
10/28/2020
How Do You Benchmark a Multi-Asset Fund?
The new Morningstar Target Allocation Indexes aim to set a standard.
10/28/2020
BTG Pactual buys $2.4bn wealth shop in Brazil
The acquisition comes off a busy few months at the firm during which time it has been expanding its advisory business through partnerships with local wealth managers in Brazil.
10/28/2020
Northern Trust Pension Universe Data: Canadian Pension Plans Harness the Strength of Equity Returns during Third Quarter 2020
The Canadian economy showed signs of progress as witnessed by an improvement in economic data, including monthly GDP growth.
10/28/2020
Wells Signs Two $2-Mln-Plus Brokers from Merrill, UBS
Littlejohn, a 31-year industry veteran who was in Merrill’s private wealth management unit for ultra-wealthy clients, left three other advisors who remain with the Thundering Herd.