01/16/2020
Citi private banking revenue eases in fourth quarter
On the whole, Citi had a total revenue of $18.4bn in the fourth quarter of 2019.
Wealth and Asset Management
01/15/2020
Robo vs financial advice: Battle of the Canadian wealth market
Questions being raised about whether tech start-ups can dominate in the HNW sector
01/15/2020
Cerity Partners Announces Merger with $3 Billion AUM Wealth Management Firm, EMM Wealth
Lloyd Abramowitz adds, "We found Cerity Partners to be the perfect partner for EMM Wealth as they share our belief that effective wealth management extends beyond monetary assets to every aspect of life that wealth touches."
01/15/2020
JPMorgan sees net income up 30% year-on-year
This was attributed to higher investment valuations and average market levels, and also deposit and loan growth.
01/14/2020
UBS Plans Miami Office to Work With Latin American Wealth Firms
New office to provide services for third-party wealth advisers
01/14/2020
Multimillion-dollar UBS Broker in Calif. Goes Independent with Wells
Wells Fargo Advisors has been actively recruiting into its employee and independent channels, offering Street-high deals to both brokers and recruiters, in a continuing effort to replenish a sales force that has declined by more than 1,300 since its paren
01/14/2020
A Swiss Bank Is Selling Rich Clients an Exotic U.S. Election Bet
Structured products may strike many as an obscure way to play the election cliffhanger
01/13/2020
Advisors who fail to embrace professionalism this decade do so at their peril
At the same time, it opened many investors’ eyes to the cost of financial advice – and the impact of that cost on their total returns.
01/13/2020
Foreign managers see new opportunity from Chinese banks
The first foreign manager tie-ups with local banks for the new segment were announced in December
01/12/2020
Global Market Insights - WHIreland Wealth Management
Inevitably, not all assets provided such positive returns.
01/10/2020
Revealed: The winners of Citywire's US Offshore Awards
It’s now time to reveal the winners.
01/10/2020
Envestnet Acquires Minority Stake In Dynasty To Launch Advisor Service
The Advisor Services Exchange, set to launch later this year, will provide Envestnet clients with the ability to leverage value-added services currently available to Dynasty network firms, such as access to growth capital, business management tools, marke
01/10/2020
The outlook for Latin America: An 'asset management revolution'?
AUM forecast to double by 2025
01/10/2020
Mercer Acquires Another Wealth Management Practice
The company now has around 400 employees overseeing more than $18 billion from 47 offices around the country.
01/09/2020
Private Wealth Systems Selected as a Finalist for Global FinTech Challenge
Selection was based on Private Wealth Systems' revolutionary approach to eliminating friction of information and action across private finance
01/09/2020
JPMorgan Is On a Hiring Binge
Recruiters, however, don’t think Chase’s hiring spree is siphoning away the FAs whom the traditional brokerages, independents, regionals, and major wirehouses, want to recruit.
01/08/2020
Goldman Creates New Consumer & Wealth Sector
Under the new reporting structure, the investment management division has been renamed asset management and will exclude wealth management and most lending revenue.
01/08/2020
Opportunities Abound Within The Family Office Space
Family offices can also enjoy a greater level of autonomy and independence when it comes to investment decisions
01/08/2020
The 7 Biggest Threats Facing High Net Worth Families Today
From computer hackers to resentful relatives, more money can mean more problems. The good news: You can do something about it.
01/07/2020
Fiduciary Trust Company International to Acquire Athena Capital Advisors in Merger Deal
Franklin Templeton Subsidiary Extends Presence into New England with $6 Billion U.S. Wealth Manager