11/12/2019
O’Melveny advises Nolan Capital on acquisition of Ortega National Parks
“Everything about Nolan Capital matches what ONP has stood for and built the business on,” says Frank Pikus, ONP Chief Executive Officer.
Wealth and Asset Management
11/11/2019
Brokers, Trust Units Stable; Money Managers Up in Arkansas
Stephens Inc. of Little Rock and its related Stephens Investment Management Group LLC retain the top two spots on the money managers list with $10.9 billion and $4.3 billion under management respectively.
11/08/2019
Riding The Wave Of Tech Disruption In Private Banking
Looking ahead, powerful models driven by artificial intelligence may be used to predict major events in a client’s life, such as retirement or planning for succession.
11/08/2019
Wealth Management | Weathering a Recession
Investment advisers say planning, preparation and patience help get investors through the dips
11/08/2019
UBS and Banco do Brasil to launch an investment bank in South America
The new bank will also utilise Banco do Brasil's exclusive access rights to its corporate clients.
11/07/2019
Would a Wealth Tax Destroy Itself?
Another big aspect to this, which Irwin doesn’t really address, is how quickly the American economy would generate new zillionaires whose fortunes would be newly subject to the tax.
11/07/2019
Canaccord Genuity Group revenues fall in Q2
Client assets in the UK & Europe dropped 2% to C$44.2bn from C$45.2bn.
11/06/2019
Northern Trust Sees ‘Tipping Point’ in Move to Outsourced Trading by Asset Managers
Evolving technology, cost pressures, and regulatory change are leading factors contributing to a new wave of outsourcing in the front office
11/05/2019
UBS Insists U.S. Wealth Business Will Grow Despite FA Exits
“If we get that kind of profile, then in five to 10 years from now we’ll have a business that could probably make twice as much as we do today,” Naratil tells the newswire.
11/05/2019
C-Wealth Bank & Trust acquires Landmark Financial Advisors
Under this new structure, Landmark clients will continue to receive the same investment, wealth management and financial planning services they are accustomed
11/01/2019
Silvercrest Asset Management Group Inc. Reports Q3 2019 Results
Both our asset management and OCIO growth initiatives buttress Silvercrest's value proposition to deliver excellent institutional-quality capabilities to our wealth management families and investors, placing Silvercrest at the forefront of the compet
11/01/2019
Scotiabank establishes Global Wealth Management as formal business line, uniquely positioned for growth
We have seen tremendous growth throughout our Wealth Management business.
11/01/2019
Beacon Capital Management Recognized on WealthManagement.com's 2019 Thrive List of Fastest-Growing Advisors
"We're grateful to be named to the WealthManagement.com 2019 Thrive list of fastest-growing advisory firms in the nation," said Chris Cook, founder and CEO of Beacon Capital Management.
10/31/2019
Wealth Enhancement Group Expands Presence in New York with Acquisition
TA Associates-Backed Wealth Management Firm's Acquisition of Independent Advisory Business with $1.4 Billion in Client Assets is its 14th in the Last Six Years
10/31/2019
Ex-UBS advisers launch new wealth management firm
Independent Wealth Management Firm Parcion Private Wealth Launches to Service High-Net-Worth Business Owners
10/31/2019
Swiss Banks Fight for Talent Amid ‘Tsunami’ of Brazil’s Rich
UBS and Credit Suisse both said they’re hunting for more additions as demand surges for financial advice and new types of investments in the South American nation.
10/31/2019
HighTower Advisors Cuts Deal for $1B RIA
Although HighTower’s deals this year have all been for firms with at least $1 billion in assets, the company likely will engage in smaller transactions going forward, Oros tells InvestmentNews.
10/31/2019
FactSet Launches Digital Portals for Retail Banking and Wealth Management Industries
New products allow clients to offer personalized market data and portfolio analytics direct to customers
10/30/2019
Sanctuary Wealth buys NorthView in debut purchase
Sanctuary founder and CEO Jim Dickson said: “Today we are pleased to announce our presence in the M&A space with the addition of a terrific team.
10/30/2019
BofA to pay special bonuses for third year after strong earnings
Bank of America posted four quarters of record net income starting in mid-2018 before snapping that streak in the third quarter with an impairment charge linked to its exit from a payments joint venture.