10/17/2019
EP Wealth Advisors snaps up CPIC International
Acquisition expands EP Wealth’s presence in the San Francisco Bay area and bolsters in-house investment management expertise
Wealth and Asset Management
10/17/2019
Morgan Stanley notches strong quarter as bond trading surges
Revenue from fixed income sales & trading offsets decline for wealth management
10/16/2019
JPMorgan wealth income dips in third quarter
JPMorgan chairman and CEO Jamie Dimon said that in “Asset & Wealth Management, both AUM and client assets were a record helped by strong net inflows into long-term and liquidity products”.
10/16/2019
How to Combat the ‘More Money, More Problems’ Trap
When net worth grows beyond $15 million, the question about what to do with all the money grows ever larger. It is not an easy one to answer.
10/15/2019
BNY Mellon's Pershing Unveils New, Centralized Portal for Investment Managers
The new portal enables clients to easily manage and deliver models
10/15/2019
Wells Fargo Reports Third Quarter 2019 Net Income of $4.6 Billion
Diluted EPS of $0.92 included the impact of a discrete litigation accrual of $(0.35) per share and a gain on the sale of our Institutional Retirement and Trust business of $0.20 per share
10/14/2019
Inside JP Morgan, Moving On From WeWork is Proving to Be a Messy Proposition
But Erdoes has been a fixture when it comes to WeWork-related matters at the bank, according to sources with knowledge of the discussions—a testament to how deep ties have run between America’s largest financial institution and the coworking s
10/10/2019
CIO aims to harness 'magic' of compounding
It’s poised to open its funds up to advisors and is in talks with various banks to add to its current availability with Royal Bank.
10/09/2019
Credit Suisse Considers Return to U.S. Private Banking After Exit
Tidjane Thiam, chief executive officer of Credit Suisse Group AG, pauses during an interview at the European Capital Markets at Bloomberg’s European headquarters in London, U.K., on Wednesday, March 21, 2018.
10/09/2019
Two Teams from Morgan Stanley Join Forces to Launch The Wealth Alliance – a Registered Investment Advisor
The Wealth Alliance delivers comprehensive planning, fair-minded advice and attentive and knowledgeable service – empowering advisors and clients to more effectively work together to achieve new levels of success.
10/08/2019
UBS's Jason Stephens Named to Forbes List of America’s Top Wealth Advisors
The 250 advisors on this year's list manage nearly $1 trillion in client assets
10/08/2019
Sanlam Investments launches US Absolute Return Fund
Tom Carroll, Head of Asset Management at Sanlam Investments said: “It remains a hugely challenging environment for investors seeking positive returns amid volatility.
10/08/2019
Sanctuary Wealth Board Members Named Among America’s Top Wealth Advisors by Forbes
Brian and Chris are exemplary ambassadors of Sanctuary Wealth and our unique Partnered Independence model
10/04/2019
Would a Warren/Sanders Wealth Tax Kill the Economy?
Sanders’s plan is more aggressive, applying a 1% tax to net worth over $32 million, with the rate increasing steadily until it tops out at 8% for those worth more than $10 billion.
10/04/2019
Despite Weak Growth, AMLO’s Mexico Still ‘Extremely Interesting’ For Wall Street
As an equity investment, Mexico is kind of a bore this year.
10/03/2019
Family Offices Brace For The Proptech Revolution
The platform collects and monitors data from over 500 real estate assets
10/01/2019
Ultra Wealthy Population Analysis: The World Ultra Wealth Report 2019
This subdued increase comes on the heels of a year of significant growth the prior year, when the population increased by nearly 13%.
09/30/2019
MS, BAC Plan to Further Expand Wealth Management Operations
With this strategy, Morgan Stanley had acquired Canada-based Solium Capital earlier this year.
09/30/2019
More than half of family offices are expecting a downturn
More than 4 in 10 are increasing their cash reserves, while 22% are reducing leverage exposure within their investments.
09/27/2019
The future-empowered high-net-worth investor
As technology provides greater intelligence, it’s likely the next generation of investors will play by different rules.