06/17/2020
Hometown Team: Dynasty Financial Partners Launches New Advisory Firm, Cyndeo Wealth Partners, in St. Petersburg, Florida
Prior to launching Cyndeo Wealth Partners, Mr. Kilgroe worked at UBS.
Wealth and Asset Management
06/16/2020
Aite Group Announces Winners of the 2020 Digital Wealth Management Impact Innovation Awards
Aite Group recognizes six innovative financial institutions leveraging best-in-class initiatives.
06/16/2020
LPL Financial Welcomes Summit Street Wealth Management at Bank Five Nine
The program served approximately $200 million in brokerage, advisory and retirement plan assets*. It was previously affiliated with MML Investors Services (Mass Mutual).
06/15/2020
BNY Mellon Investment Management Launches BNY Mellon Investor Solutions
BNY Mellon Investor Solutions brings together the full power of our collective enterprise to meet the ever-evolving needs of investors by providing an integrated investment offering—needs that have only been amplified in the current environment.
06/11/2020
UBS Sees 11-Fold Surge in Net New Money From Latin America
Itau Unibanco Holding SA has adopted a similar strategy, with its volume in stand-by letters of credit to rich clients more than doubling from a year ago.
06/10/2020
Morgan Stanley eyeing deals to get bigger in asset management
In wealth management, Morgan Stanley still expects to complete its acquisition of E*Trade Financial Corp. by the end of the year
06/10/2020
Act Analytics and Black Diamond Announce ESG Technology Integration Share Article
Advisors using both systems will be able to better manage ESG portfolios for clients, saving time, ensuring accuracy, and gaining scale as portfolio data from Black Diamond is automatically downloaded into ACT Analytics for ESG portfolio comparison, model
06/09/2020
Younger generations look to shelter wealth abroad as the economic impacts of COVID-19 hit
For example, 16.1% of millennials have an offshore account, compared to only 3.6% of baby boomers.
06/09/2020
‘LatAm is a pretty rich pool’: Vontobel's Zhang lists top discounted stocks
The company, however, envisions a recovery throughout the rest of the year
06/09/2020
Two UBS Advisor's Named to Forbes/SHOOK List of Top Women Wealth Advisors
The ranking is based on an algorithm of qualitative data
06/08/2020
Is Goldman Sachs the Blueprint for Wealth Managers?
Geneva, where Goldman poached two super-rich bankers from UBS this week, is emerging as a linchpin in those plans.
06/08/2020
Active Engagement Key to Reflecting Sustainable Investing Values - RESEARCH
The new study, which surveyed nationally a statistically relevant group of 1,000 individual investors age 18 or older, examined the degree to which investors want to have a social impact and the degree to which they are willing to make trade-offs to achie
06/08/2020
Hooked on a Feeling by Oppenheimer
In our view it is not so much a “disconnect” as a difference in focus
06/07/2020
The state of North American retail wealth management
Nothing will pay more dividends in the long run than serving as trusted advisors and guiding clients through the months ahead. Financial advice has never been more important.
06/05/2020
Citi Says Wealthy Clients Are Holding Too Much Cash, Time to Buy
The report’s big-picture outlook is for a “brief, extremely deep, rolling global recession” followed by a sharp snapback in global economic activity and “a partial, uneven recovery.
06/05/2020
Wealth-X Expands Canadian Data Assets
New Intelligence on Yacht Ownership and Private Foundations Integrated into Global Database
06/04/2020
New Citi Private Capital Group at Citi Private Bank is Helping Clients Navigate Uncertainty in Global Markets
Our Private Capital Group is one of our greatest growth drivers for the North America
06/03/2020
First Republic Bank Declares Dividends on Four Series of Perpetual Preferred Stock for Second Quarter 2020
A quarterly cash dividend of $13.75 per share was declared on its Noncumulative Perpetual Series G Preferred Stock.
06/03/2020
How Wealth Managers Helped Millionaire Clients Grow Richer During Lockdown
Even before coronaviruas was declared a pandemic, wealth managers and private bankers were preparing for the storm.
06/02/2020
Exencial Wealth Advisors closes acquisition of Willingdon Wealth Management
As a result of the deal, Exencial gains $800 million in assets under management as well as 15 new employees, including five CFA charterholders.