02/19/2021
Northern Trust Expands Foreign Exchange Currency Management Services Footprint with Key New Mandates
Clients Focus on Managing FX Exposures Through Advanced Currency Hedging Solutions
Wealth and Asset Management
02/19/2021
CIBC Private Wealth, US, Wins Private Asset Management’s “Best Private Wealth Manager Over $5bn – Performance” Award for 2nd Consecutive Year
This is the 11th investment-related PAM award that CIBC Private Wealth has received for the firm’s investment platform over the past 10 years
02/18/2021
TAG Associates Wins PAM Award for Investment Due Diligence
The awards were presented by PAM at a virtual awards presentation Feb. 10.
02/18/2021
Boston Private Named Industry’s Best for Client Service by Private Asset Management
Boston Private was selected for this award based on client service, client longevity, and the firm’s overall growth within the past year.
02/17/2021
BNY Mellon Introduces ETF and Managed Account Model Portfolios
In addition to the BNY Mellon ETF Model Portfolios, Lockwood Asset Allocation Portfolios will also be available to firms using the Envestnet platform by the end of first quarter.
02/16/2021
Citigroup CFO Mark Mason to Present at the 2021 Credit Suisse Financial Services Forum
The presentation is expected to begin at approximately 1 p.m.
02/16/2021
New York widens lead over London as finance hub: Duff & Phelps
Britain is under pressure to bolster the competitiveness of its financial services after 7,500 staff and over a trillion euros in assets left for the EU post Brexit.
02/12/2021
Pinterest CEO’s Wealth Tops $5 Billion on Microsoft News Report
With a market cap of $53.7 billion, Pinterest would be Microsoft’s largest acquisition ever -- more than double the $26.2 billion it paid in 2016 for LinkedIn Corp.
02/12/2021
Key Family Wealth Named "Best Multi-family Office $10B - $20B" at the 2021 Private Asset Management Awards
This distinct award recognizes Key Family Wealth's ability to address the strategic and tactical dimensions of multi-generational wealth
02/12/2021
Best-in-State Wealth Advisors
Each advisor—selected by SHOOK Research—is chosen based on an algorithm of qualitative and quantitative criteria
02/12/2021
Brown Wealth Management Accelerates Growth Strategy with Acquisition of Truuwater Financial, Creating Wealth Management Firm with $1.2 Billion in Client Assets
Acquisition Supports Firm's Plan to Triple Size of Client Assets to Over $4 Billion by 202
02/12/2021
Brown Wealth Management acquires Truuwater Financial
This acquisition is the first step in BWM's accelerated expansion strategy, which envisions tripling the firm's assets to over USD4 billion by 2025, through acquisitions as well as organic growth.
02/11/2021
BNY Mellon Investment Management to Enhance the Specialist Investment Capabilities of Insight, Newton and Dreyfus Cash Investment Strategies
There will be no change to the firms' investment processes or philosophies during the transition period as a result of the changes announced today.
02/11/2021
Family Offices' Favorite Property Type Will Be Ripe For Investment Soon
All told, the eviction process for multifamily renters starts about nine months before any signs are visible
02/11/2021
America’s billionaire philanthropists gave away more during the pandemic. But there’s a catch.
We need more transparency in the world of charity.
02/11/2021
More than 8% of American adults are millionaires. Here’s how they got wealthy
That is much higher than the 55% of the general population Hogan found to hold the same opinion.
02/10/2021
Steward Partners Global Advisory Welcomes Webster Grosso Wealth Management
Steward Partners is expecting to realize significant growth this year and we are very excited to welcome Ron Webster and Ed Grosso as the first team to join Steward Partners in 2021
02/10/2021
Richardson Wealth and Bloom Burton & Co. Announce Strategic Alliance to Expand Wealth Solutions in Healthcare Sector
"Our talented investment advisors and their clients are front and center to everything we do."
02/09/2021
Patchy Economic Recovery - Not To Worry
The rest of the labour market report implied an upbeat message for growth
02/09/2021
Celebrate Good Times, Come On!
Vaccination programs bring hope for a strong rebound by summer