Managers of Wealth Americas

How Top Wealth Advisor Louise Gunderson Pulls In Millennial Clients

Gunderson’s team of eight serves 220 families and has $779 million in assets under management.

Nikko AM creates lead diversity role

Creates new Diversity Advocate role, to further bolster diversity and inclusion

Wealth Manager Accused Of Fraudulently Billing Tenants

The suit, filed Tuesday, claims Invesco violated a local ordinance and Illinois state law by terminating leases held by tenants at its Mount Prospect, Illinois, rental properties and then hitting them with illegal fees.

Citi scrutinized the investment accounts of thousands of its super-rich clients

According to Bailin, clients who had followed Citi's global asset allocation recommendations outperformed those who did not by up to 200-300 basis points per year for between one and three years.

Is diversity the key to the succession plan challenge?

This is also a key tactic that Wells Fargo uses to diversify its advisor pool while helping prepare their aging employees for retirement.

Advisors Have New Resource To Serve Philanthropic Needs Of HNW Clients

These donors have now contributed over $60 Million to their Canada Gives' foundations and disbursed $25 Million to charities.

A Look At Changes In Wealth Management Revenues For The Industry's Largest Players

We capture the impact of changes in wealth management revenues on the share price of the largest wealth managers in the world

How Long Can Morgan Stanley's Wealth Management Business Sustain Its Growth Trajectory?

The increase in operating expenses from the addition of new wealth advisors, coupled with the ongoing trend of a shift towards a fixed-rate fee structure for client accounts, will lead to profit margins stagnating in the future

LPL loses broker-dealer business of $915 million hybrid to Private Client Services

RFG Advisory has 38 advisers in four states

EP Wealth Advisors buys $400 million Donnelly Wealth Advisors

Addition of San Diego-based firm brings EP's AUM to $3.6 billion

How an RIA found its M&A soulmate

Last year EP became part of Wealth Partners Capital Group, a holding company intent on consolidating small and mid-sized advisory firms around the country.

David Rubenstein’s Family Office Has Bigger Ambitions

Rubenstein hired a former money manager at MSD Partners, Brian Frank, to run Declaration Partners, Bloomberg writes.

Fiera Capital acquires HNW and institutional investment firm

The transaction is expected to be modestly accretive (low to mid-single digit) to adjusted EPS within the first full year post closing.

$750M hybrid practice with major growth plans bolts LPL for Triad

Triad announced Pinnacle’s move on May 31, and the hybrid RIA’s exit from LPL marks at least the sixth such practice to leave after the No. 1 IBD unveiled changes to its policies.

How Merrill Lynch’s New Comp Plan Could Backfire

The wirehouse’s new payout plan links payout not just to an advisor’s revenue but to asset and liability growth, the number of new clients an advisor brings on, and referrals to other units of Bank of America, Merrill Lynch’s parent comp

State Street Global Advisors named “Asset Manager of the Year”

Asset Manager Celebrated for Its Excellence in the US, Canadian and Latin American Institutional Derivatives Markets

Wealth manager files for IPO to raise $100m

“We recognise that being a public company comes with responsibility that goes beyond just the legal standards. We intend to manage Focus with a high level of transparency and continue to invest carefully and manage the business with a long-term pers

This $4.5M advisor courts UHNW clients on three continents

He first joined partners Daniele Conci and Edouard Crepy at BNP Paribas in Miami before moving the team to Morgan Stanley in 2011.

Wealth management most fragmented in global finance

Swiss banks ‘best placed’ in industry ripe for consolidation, JPMorgan says

RBC wealth unit income surges 25% in Q2

The group’s CET1 ratio was 10.9% as at 30 April 2018, while leverage ratio was 4.3%.

Wealth and Asset Management