08/27/2020
BNY Mellon Tells Most Employees to Work Remotely Until January
BNY Mellon’s plan bucks a trend in which many banks have been inviting workers back -- albeit at limited capacities -- with plans to accelerate office reopenings after L
Wealth and Asset Management
08/27/2020
Wealthy Women More Likely To Drop Advisors For Bad Service
The firm tracked financial advisers’ eyes during meetings and found that both male and female advisers looked at men more than 60% of the time when speaking with heterosexual couples.
08/27/2020
CIBC Wealth Management takes a hit in Q3 2020
Reported net income for CIBC as a whole was $1,172m in Q3 2020, a 16% drop year-on-year and a 199% plummet from the last quarter.
08/26/2020
Taxes and Tantrums: How the US Election Could Impact Investors by Coutts
The potential positives and pitfalls as Trump and Biden go head to head
08/26/2020
Advisor360° Introduces New Insurance Application for Wealth Management Enterprises
The Advisor360° platform now provides broker-dealers with enhanced insurance capabilities, helping their advisors to grow their businesses.
08/26/2020
Financial Advisors Seeking Independence and Support Join Ameriprise
Advisors say Ameriprise’s “technology has already proven its worth” amid the pandemic
08/26/2020
Eight Hightower Advisors Honored on Forbes' 2020 Ranking of America's Top Wealth Advisors
The ranking for the 2020 Forbes list of America's Top Wealth Advisors was developed by SHOOK Research.
08/26/2020
Scotiabank wealth unit shows resilience amid Covid-19 turmoil
Net interest income rose 1% year-on-year to C$145m. Non-interest expenses dropped 3% to C$700m from C$721m.
08/26/2020
How These Morgan Stanley Partners Are Changing The Diversity Narrative In Wealth Management
Based in Los Angeles, CA, the majority of their wealth management clients are CEO’s, entrepreneurs and high-net worth individuals tied to entertainment and sports.
08/26/2020
Morgan Stanley Wealth Management Launches Women Without Limits
Through women-focused educational financial content and resources, Women Without Limits provides education and professional guidance for female clients in their journey to developing financial security and independence.
08/25/2020
Rockefeller Capital Management Expands into Arizona
Legacy Family Wealth Team Joins New Rockefeller Office in Scottsdale
08/25/2020
44 Wealth Management Joins the tru Community
The latest breakaway firm to join this fast-growing business platform
08/24/2020
Global dividends plunge by $108bn during Covid-19 crisis
Study of world’s largest 1,200 companies reveals biggest quarterly drop since records began
08/21/2020
Fear fading on Wall Street as investors learn to love the new bull market
Investors may well heed their advice: nearly 80% of fund managers surveyed by BofA Global Research, the highest level in more than a decade, expect the global economy to grow over the next year.
08/20/2020
Wealthy Families Raise Their VC Investment Profile
Nine in 10 families favor co-investing with other families and venture funds, a survey finds.
08/18/2020
LPL Financial Welcomes Stabler Wealth Management
They are a family-oriented firm supported by a long tenured team of four staff members.
08/18/2020
Fjell Capital Joins Sanctuary Wealth
$150 Million Advisor in Fargo breaks from UBS for Partnered Independence
08/17/2020
COVID-19 and residential real estate in the US
Looking to buy, sell or build a property in the US? Explore how COVID-19 has impacted the behavior of people and businesses towards real estate.
08/16/2020
Larry Fink retains position as highest-paid CEO in asset management
Combined pay and bonuses among industry’s leaders rises to $233m last year
08/14/2020
Two Kestra Private Wealth Services-Affiliated Firms Merge
Combined firm principals will manage nearly $500 million in assets