Managers of Wealth Americas

Hurun Global Rich List 2020

The Hurun Global Rich List 2020 ranked 2,816 billionaires from 71 countries and from 2,182 companies.

Race to zero? These wealth managers aren’t sweating it

The commission-free shake-up began in earnest in October when Schwab said it would drop these trading costs, prompting other retail brokerages, including Fidelity, E-Trade and Wells Fargo, to do the same.

Charles Schwab acquires prominent area wealth management firm

Started in 1987 and continuously led by the founder, Wasmer Schroeder’s team has grown to over 60 employees, including more than 30 investment professionals.

RBC Wealth Management acquires $1.8 billion Wisconsin team

The deal with Visionary Wealth Management will make the 16-person team RBC's largest in the state.

Schwab to Buy Fixed-Income Firm With $10.5 Billion in Assets

“Generating income is one of the greatest financial needs facing the growing number of investors who are in, or preparing for, retirement,” Rick Wurster, executive vice president of Schwab Asset Management Solutions, said in the statement.

Wealth management in the 2020s

Last year highlighted many of the major trends of the past decade, which will continue to shape the industry in the decade to come

Rockefeller Hires $4.5-Mln Morgan Stanley and $3-Mln Merrill Teams

Sargent, who ranked #70 on Forbes’ 2020 list of top New York advisors, did not respond to several for requests for comment about his decision or his metrics.

BMO Financial Group Reports First Quarter 2020 Results

Overall portfolio credit quality remains stable, even as credit provisions this quarter were elevated, largely as a result of activity in two specific sectors," said Darryl White, Chief Executive Officer, BMO Financial Group.

Boston Private Releases Risk Management White Paper for Family Offices

The report examines the threats, trends and best practices in the evolving risk environment for family offices

Kestra Financial Recruits Rapidly Expanding Ivory Wealth Management

$214 million firm selects partner to fuel growth, enhance advisor service and recruitment efforts

RBC to Launch U.S. Consumer Bank Betting on Wealthy Clients

Profit at RBC's overall wealth management business, which accounts for 20% of earnings, grew 4% from a year ago.

HSBC targets the globally mobile with US$1.4t wealth business

HSBC will also target wealthier customers who travel or invest often overseas in more than 10 markets such as China where its share is smaller.

Robertson Stephens bolster US presence with acquisition

Joins Robertson Stephens San Francisco headquarters

BlueKey Wealth Advisors Announces Formation of Private Equity Firm

"The extensive experience of our professional team allows us to implement a rigorous process to identify 'Best in Class' opportunities in our focus areas," said Amaury Cifuentes,

Wealth Enhancement Group Announces Acquisition

David Geller said, "We are thrilled to partner with Wealth Enhancement Group, a firm whose infrastructure, technology and growth platforms enable us to take our services to new heights.

Family Offices Serving Rich Brazilians Are Hiring in New York

New York is taking on increased importance for family offices in Brazil

Raymond James firm merges with UK investment manager

Combined business will offer services to high net worth individuals, globally

Wellington Management launches US dynamic equity fund

Fund manager Stephen Mortimer said: "I believe investment returns can be mainly driven by a fund's top holdings. I seek to maximise potential outperformance by focusing on ‘best idea' stocks only."

Wall Street Targets the Nordics After Latest Spike in Wealth

Eirik Winter, chief executive officer in the Nordics at BNP Paribas, says the region’s appeal lies in its “tendency to grow a bit faster than the rest of Europe and in some cases even faster than the U.S.”

Linda Mack Named Women in Wealth Advocate of the Year for the Second Consecutive Time at the 2020 Private Asset Management Awards

Linda Mack of Mack International was named Women in Wealth Advocate of the Year by Private Asset Management Magazine, a leading wealth management and family office industry publication, as part of the 2020 PAM Awards, announced February 6 in New York City

Wealth and Asset Management