Managers of Wealth Americas

Quantum Private Wealth launches operations in US

The firm further noted that it will offer customised advice depending on each customer’s short-term liquidity requirements and long-term goals.

Managers of Wealth Appreciates its Advertisers

We’d like to express gratitude to our fantastic sponsors here at Managers of Wealth.

Keep moving and motivated with #cando

We’re creating a series of active and wellbeing videos, working with the fantastic TeamedUp and their Olympic and Paralympic athletes

Review of the Week: The Bramble Bush

With the virus outbreak still in full swing, some Western nations are already mulling a relaxation of lockdown.

Bank of America profits slump 45% as it braces for a surge in bad loans

Bank of America reported first-quarter earnings on Wednesday that beat analysts' revenue expectations but fell short of their earnings per share forecasts.

Goldman’s profit tumbles 46%, but bank posts strongest bond-trading results in 5 years

“Revenues increased in investment banking, global markets and consumer and wealth management. However, the bank took a bath in asset management.”

Objectway offers Licence Free Period for WealthTech Suite

The rapid escalation of COVID-19 outbreak has forced us to test our business continuity plans

Protecting your art investment in the age of coronavirus (COVID-19)

While the art market has continued to be robust since that time, it took almost ten years to recover. In 2017, the global sales numbers were only then reaching their pre-2007 highs.

JPMorgan 1Q profit plunges as virus causes massive losses

The last time JPMorgan had to set aside that amount of money to cover potentially bad loans was the first quarter of 2009 — in the depths of the Great Recession.

Pope Francis Starts Emergency COVID-19 Fund

“The private sector is likely to respond to the highest bidder for many of these supplies, that’s just business.”

Banking on Brazil: Asset managers circling LatAm’s biggest market

‘Brazil has always been a very attractive market, but one that has admittedly been very difficult for international asset managers to penetrate,’ Marilyn Foglia, the Latin America head for UBS Asset Management, says.

Goldman Tells Rich Clients U.S. Stocks Promise Best Returns

Strategists expect a V-shaped economic rebound after crisis

Why patience is a virtue by Canaccord Genuity Wealth

Very little has been priced into corporate earnings yet, to reflect the massive drop in economic activity which has started in western countries.

UBS launches new client initiative providing access to the Small Business Administration's Paycheck Protection Program

The firm developed a solution enabling small businesses to participate in the PPP.

First Republic Bank Announces First Quarter 2020 Earnings and Conference Call Date

First Republic Bank will conduct a conference call

ETFs: a critical tool for managing millennials’ wealth

ETFs allow wealth managers and advisors to create lighter, cheaper models and reduce trading costs

UBS to Advisors: Consider Paying Virus Bonuses to Support Staff

The payments cannot be made through “business builder” expense accounts that UBS gives brokers as a benefit because the tax-friendly accounts are earmarked for “non-compensation” purposes, the broker complained.

The Richest in 2020

Bill Gates keeps his spot as number two richest

At RBC Wealth Management: No Layoffs, Virtual Recruiting

RBC is also doing other things to help employees, including giving hazard pay of $50 a day to the minority of workers who must still go to the office to do their jobs, Financial Advisor IQ reports.

Hightower Makes Strategic Investment in Wellspring Associates

Wellspring, a specialist in estate planning and intergenerational wealth transfer, will act as a resource for Hightower advisors seeking estate and tax planning solutions for affluent clients

Wealth and Asset Management