06/03/2020
How Wealth Managers Helped Millionaire Clients Grow Richer During Lockdown
Even before coronaviruas was declared a pandemic, wealth managers and private bankers were preparing for the storm.
Wealth and Asset Management
06/02/2020
Exencial Wealth Advisors closes acquisition of Willingdon Wealth Management
As a result of the deal, Exencial gains $800 million in assets under management as well as 15 new employees, including five CFA charterholders.
06/02/2020
Jason J. Ayala Reaches a Career Milestone at Ameriprise Financial
He has 20 years of experience in the financial services industry.
06/02/2020
La Salle St adds Stile Financial to broker-dealer platform
Stiles Financial Services is a team of experienced financial advisors and consultants that this year is celebrating its 20th anniversary.
05/29/2020
Citi Banker Sees Nations Targeting Wealthy to Recoup Virus Costs
“It could be by taxation. It could be by coordination with the people who have the wealth. And it could be by expropriation.”
05/28/2020
Goldman Brakes Advisor Hiring Plans, Delays Digital Wealth Offering
The company has shifted its long-time cadre of fewer than 500 advisors serving wealthy individuals and families from its investment management division to a new consumer and wealth division.
05/28/2020
Walsh, Amar & Associates Join William Blair’s Private Wealth Management Group
Los Angeles Office Opens
05/28/2020
CI Financial makes strategic investment in Congress Wealth Management
The agreement represents the further development of a collaborative partnership between CI and Congress.
05/27/2020
Royal Bank of Canada reports second quarter 2020 results
The total PCL ratio on loans was 165 bps, up 139 bps from last quarter as we prudently increased reserves due to the impact of the COVID-19 pandemic.
05/27/2020
The return of the global wealth manager?
Covid-19 may accelerate larger wealth managers’ global ambitions.
05/26/2020
BMO Creates Dedicated Online Resource Hubs for Canadians Français
These new online hubs provide consumers and business owners with access to our best in class expertise through timely, relevant financial advice and resources, at their convenience.
05/25/2020
Work reimagined: a two-geared approach to reopening and transforming your business
How companies switch the lights back on in their operations can create a new corporate culture of care and confidence that will have far-reaching effects long after the pandemic has ceased to be an existential threat.
05/24/2020
Top Global Wealth Management And Advisory Companies In The World For 2020
These are the leading wealth firms – manage many Trillions of Dollars in Assets.
05/22/2020
BNY Mellon Investment Management Launches BNY Mellon Investor Solutions
The new group combines an open-architecture approach with the proprietary investment capabilities of BNY Mellon's eight specialist investment firms
05/22/2020
Julius Baer reportedly scouting Miami talent for new offshore hub
However, reports that interviews have taken place indicate that Sanchez’s plan to establish a hub for the wealth market in Miami, first revealed back in the summer of 2018, are potentially underway once again.
05/22/2020
UBS Recruits $13 Million Bernstein Private Wealth Team in Texas
UBS in January lured a $16.7-million team in North Carolina servicing wealthy clients at Merrill Lynch. Last month, it hired Justin Low, who was producing $1.4 million at a Morgan Stanley branch in Phoenix.
05/21/2020
Citigroup to launch new sustainability unit
The bank is also forming an advisory group comprising external experts on topics including climate and earth sciences.
05/21/2020
Canaccord Genuity Wealth Management Selected as Platform Provider for Morgan Stanley's Wealth Management Entry Into Canada
Canaccord Genuity will deliver a suite of wealth management solutions and technology, as well as custody and clearing services to Morgan Stanley Wealth Management Canada.
05/21/2020
Brave New Coin launches digital wealth management platform
The platform tracks thousands of assets and trading pairs in real time by aggregating data from more than 20 exchanges.
05/21/2020
JPMorgan Revamps Management of Bank-Branch Brokers
The bank currently serves about 1.0% of the high-net-worth market and 8.0% of the “ultra-high-net-worth” market, officials said at a recent investors conference.