Managers of Wealth Americas

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%.

Carlyle’s David Rubenstein Builds a Family Office With Ambitions Beyond the Family

The former White House staffer who became a leveraged-buyout legend will directly oversee Declaration Capital.

UBS latest to make push for young, diverse advisers

Wirehouse creates two new training programs and brings in a firm to help it find ethnically diverse candidates

Canaccord Genuity opens new wealth management office

This development supports the Company's objective of selectively recruiting top industry talent in pursuit of growing its assets under management and administration and operating the premiere independent wealth management business in Canada.

Advisory Firm Focuses On UHNW Latin Americans Coming To U.S.

The firm educates families on how to adjust to the elevated cost of living in the U.S.

Sallie Krawcheck Focuses on Investment Through the Gender Lens

The CEO of Ellevest and chair of both Ellevate Network and Pax Ellevate Global Women’s Index Fund is all about elevating women in the global economy.

Morgan Stanley CEO Wants to Double Asset Manager to $1 Trillion

The asset-management industry has seen a wave of mergers as investors’ shift to passive strategies has put pressure on firms to increase scale and cut costs.

Global Private Banking Benchmark: Top 25 Firms By AUM

Just as a rising tide raises all boats, wealth managers were able to capitalize on favourable market conditions in 2017 as a core driver of growth.

Family Offices Need Real Estate Due Diligence That's Real

If you were to ask a non-real estate family to examine a deal in their own field, they could size up the opportunity in a matter of minutes.

Kestra Nabs $300M FA Team from Wells Fargo Advisors

“We’ve worked for years to develop and deepen our client relationships, even serving up to three generations of families, and believe moving toward independence will allow those relationships to grow,” Steve Battel says in the press rele

Wealth and Asset Management