Managers of Wealth Americas

UBS Americas’ New Client Money, Advisor Count Slip in ‘Challenging’ First Quarter

Profit at Wealth Americas fell 17% from the year-earlier first quarter to $333 million, but remained UBS’s most profitable geographic wealth unit.

CAPTRUST Announces Performance Results for 2018

Firm ended fiscal year with 21.5 percent revenue growth and $65 billion in new client assets

UBS's Jason Stephens Named to Forbes/SHOOK List of Best-in-State Wealth Advisors

Stephens is dedicated to serving the specialized needs of a limited number of affluent investors to ensure the highest level of attention and responsiveness.

Credit Suisse int'l private bank profits rise but EM stunts inflows

IWM's private bank serves wealthy customers in Latin America, Europe, the Middle East and Africa.

Inlet Private Wealth launches Inlet Private Wealth & Trust

"Trusts are a regular feature in the highly customised solutions we plan and implement for our clients.

$10 trillion custodian Northern Trust is exploring shutting off external email for thousands of its employees as it tries to thwart cyber threats

Northern Trust recently added a global head of data privacy to shape these policies.

Cambridge Bancorp completes merger with Optima Bank & Trust Company

In connection with the closing of the merger, Daniel Morrison, the former Chairman, President and CEO of Optima, is expected to be appointed to the Boards of Directors of Cambridge Bancorp

Lazard to Release Quarterly Earnings on Thursday

The business had revenue of $685.00 million during the quarter, compared to analyst estimates of $673.35 million. Lazard had a return on equity of 50.62% and a net margin of 18.27%.

Wealth in Canada: Sizing the Market Opportunity 2019

Analyzes which asset classes are favored by Canadian investors and how their preferences impact the growth of the total savings and investments market

The world's best wealth advisers for the ultrarich share their secrets for success

Beyond that, we spoke to Rebecca Rothstein of RVR Group — the highest-ranked female wealth manager on the Forbes list — about a crucial shift she recently made to her investing approach.

Two Sanctuary Wealth Partners Advisers Named To Financial Times 400 Top Advisers List

This is the fourth consecutive year that brothers Chris Cooke and Brian Cooke have been named to this select list.

Morgan Stanley wealth assets rise 4%, open to acquisitions

The firm's 15,708 advisor headcount was almost flat from the previous year, reflecting Morgan Stanley's plan to focus on organic growth rather than recruitment to grow its wealth business.

Russ Prince: Why Life Insurance Agents Are Becoming Wealth Managers

Wealth management is the consultative process of meeting the needs and wants of affluent clients by providing the appropriate financial services and products.

Norway's wealth fund extends ownership of New York real estate

As part of the transaction, NBIM has also agreed to acquire a 48 percent interest in two to-be-constructed assets adjacent to two of the existing assets in the portfolio, currently solely owned by Trinity Church Wall Street, the fund added.

Goldman Sachs looks to the masses to grow

New technology is opening the horizons of wealth managers that historically catered solely to the upper echelons of the world, allowing them to look to other segments to grow revenues.

BofA Wealth Unit Boosts Profits 14%; No Plans to Sell Retirement-Plan Ops

Some 11% of new client relationships for Merrill advisors came from referrals in other parts of the bank in 2018, and that level could rise this year.

MAI Capital Management Acquires Wealth Management Division of CCI Financial Group Inc.

Greater Cleveland-area acquisition supports MAI’s growth initiative

Goldman Expanding Wealth Management to the Masses

“We will pursue partnerships to engage the mass market,” Goldman Chief Executive David Solomon said on a conference call with analysts after the company reported first-quarter results that failed to meet analysts’ revenue expectations.

SEI Welcomes 7,400 Advisor Clients to the SEI Wealth Platform

Landmark Milestone Underscores Strength and Success of SEI's Global Wealth Management Solution

Northern Trust Asset Management Seeks Minority-Owned Broker-Dealers as Part of Diversity Commitment

Diversity is foundational not only to how we do business, but to how we invest, said Chief Investment Officer Bob Browne, CFA.

Wealth and Asset Management