02/24/2021
HSBC wealth management revenues fall
The firm added that it would invest close to $6bn in its wealth management and international wholesale banking businesses over the next five years, with most of the investment directed toward Asia.
Wealth and Asset Management
02/24/2021
Mercer Advisors Recognized for the “Private Wealth Manager M&A Deal of the Year”
Industry leading RIA firm creates innovative acquisition solution with Raymond James to win highly competitive PAM award.
02/24/2021
Global UHNWI population to grow by 27% over the next five years: Knight Frank
The biggest rises in Europe are forecast in Poland (61%) and Sweden (59%).
02/24/2021
Asset servicers survey
Navigating through the storm
02/24/2021
Royal Bank of Canada Reports First Quarter 2021 Results
Record earnings in Capital Markets as well as positive earnings growth in Personal & Commercial Banking, Wealth Management and Insurance were partly offset by lower results in Investor & Treasury Services.
02/23/2021
How Much Money Is Needed To Hire The Best Wealth Management?
The first thing to realize is that it is impossible to manage wealth effectively without a management system.
02/23/2021
11 UBS Advisors in San Diego named to the Forbes/SHOOK Best-in-State Wealth Advisors list
This year’s Forbes/SHOOK Research Best-in-State Wealth Advisors list is comprised of over 5,000 Advisors across the country, managing more than $6 trillion in client assets.
02/21/2021
Citi is considering divesting some foreign consumer units
The company is weighing divesting certain units across retail banking in the Asia-Pacific region, including those in South Korea, Thailand, the Philippines and Australia, according to people familiar with the matter.
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
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.