06/07/2019
Arthur J. Gallagher Acquires MDV Wealth Planning in Illinois
Thomas Vilardo and his associates will continue to operate from their current location
Wealth and Asset Management
06/06/2019
Jeff Bezos is buying three New York City condos worth a combined $80 million
If the units were combined, the home would have 12 bedrooms and more than 17,000 square feet of space
06/06/2019
New York Private Bank & Trust Partners With Autus Asset Management
The partners of AUTUS have built a pre-eminent wealth management firm that provides their clients with the highest levels of personalized advice and service,” said Karl Heckenberg, CEO of Emigrant Partners.
06/06/2019
Canaccord Genuity Reports Fiscal Results
Excluding significant items, fourth quarter earnings per common share of $0.12 (1)
06/06/2019
Morgan Stanley Lets UHNW Clients Use Donor-Advised Funds for Drug Research
Donor-advised funds attracted $29.23 billion
06/05/2019
Envestnet’s latest trick? Offering annuities
“This bridge from advisory platforms to insurance carriers supports the entire advice lifecycle from accumulation to decumulation,” MacKinnon says.
06/05/2019
Rockefeller Capital expands family office in San Francisco
"Bruce and his team bring extensive wealth and investment planning knowledge that can be augmented by the comprehensive family office expertise at Rockefeller, including tax, lending, portfolio construction and trust and estate services," he add
06/04/2019
HORNE Wealth Advisors to Join Focus Partner Firm Buckingham Strategic Wealth
This transaction is expected to close in the third quarter of 2019, subject to customary closing conditions.
06/04/2019
Superstar advisers with $17 billion in AUM bolt from First Republic
The four advisers are setting up two separate RIAs
06/04/2019
Insignia Group accelerates US expansion
As traditional luxury items have become more accessible to the mass market, Insignia clients – especially in the US – increasingly pursue “experiential luxury.”
06/04/2019
Banque Pictet & Cie SA Trims Holdings in U.S. Bancorp (USB) Posted by Jeshia Costen on Jun 4th, 2019 // Commen
Pineno Levin & Ford Asset Management Inc. lifted its stake in shares of U.S. Bancorp by 3.6% in the 4th quarter.
06/03/2019
Merrill Lynch adding human advisers to Guided Investing robo
The advisers will fill a service gap between the firm's purely digital, self-directed robo-adviser and the full-service advisers of Merrill Lynch
05/31/2019
How Tech Opportunities Are Connecting Wealthy Chinese Investors to U.S.
People fail to understand that China is actually an emigration-friendly nation and about half of high-net-worth individuals in the country want to leave,” says Andrew Henderson of Nomad Capitalist
05/31/2019
2019 Wealth Professional Awards winners announced
Hundreds of standout industry professional attended the event to recognise their peers and celebrate their achievements over the past 12 months.
05/29/2019
TMD & Associates To Join Focus Partner Firm One Charles Private Wealth
Through this transaction, TMD and One Charles will integrate their collective resources and expertise to enhance the service offerings to their clients.
05/29/2019
MacKenzie Bezos Signs ‘Giving Pledge’ to Donate Half Her $37 Billion Amazon Fortune to Charity
Jeff Bezos, who will remain the richest individual in the world even after the divorce, has not signed on to the Giving Pledge to date.
05/29/2019
Swiss firm partners with Brazil advisors for offshore services
The company is in conversations with over 45 firms and is seeking to have 200 partnerships by year-end, said Vinicius Geromel, a portfolio manager at the firm who is leading the effort.
05/29/2019
Canaccord Genuity makes strategic investment in AI-powered hedge fund
The investment will enable Castle Ridge to expand its distribution channel with Canaccord Genuity Wealth Management, which manages over $60 billion in client assets in Canada, the UK & Europe and Australia.
05/28/2019
UK wealth manager seals US strategic partnership
The firm said the acquisition “creates an exciting new strategic partnership for Kingswood to scale and cross-sell its services internationally”.
05/27/2019
Goldman Sachs to speed up push into US wealth management
Acquisition of United Capital part of effort to take on Schwab and Morgan Stanley in $28tn market