Managers of Wealth Americas

What Does A $30 Trillion Customer Service Experience Look Like?

Did you know that baby boomers are expected to pass down over $30 trillion to their children, or whomever may be lucky enough to be named in their wills? Neither did I.

Wealth Managers Abandon Active Strategies for Passive Investments

Poor returns on hedge funds and other actively managed vehicles have helped drive a shift away from pursuing alpha.

7 Ways Wealth Management Client Attitudes Are Shifting

The growth of these new entrants has gotten the attention of incumbent players like Charles Schwab, which executed a smart fast follow strategy with its “Intelligent Portfolios” offering.

BMO Private Banking Introduces new all-in-one service catered to HNW's

New program includes a customized wealth plan and a full suite of services designed to evolve should circumstances change

VisionQuest Wealth Management acquires Deckert Financial Management

The acquisition is the first step in VisionQuest's long-term plan for growth through acquisition in the Richmond area.

New York brokerage launches division to target celebrities, athletes

Douglas Elliman Real Estate's 'Sports & Entertainment' division has international focus

Columbia Pacific Wealth Management announces acquisition

Both firms are Seattle-based comprehensive wealth management platforms

Second Swiss bank reaches deal under U.S. tax program

The program, launched in 2013, allows Swiss banks to avoid prosecution by disclosing cross-border activities that helped U.S. account holders conceal assets and income. Banks already under criminal investigation are excluded from the program.

VisionQuest Wealth Management makes another acquisition

The collaboration between VisionQuest and the Soutiers enhance an already innovative financial services firm

Merrill Lynch Head: There Is Value in Robos

Thiel cited a study that found when individual investors work on their own, their portfolio experiences behavioral drag, because most people have a fundamental inability to buy and sell at the right time.

Wealth Management Team Launches Cribstone Capital Management as an Independent Advisory Firm

Cribstone Capital Management was founded as a regional firm in Maine

Chevy Chase Trust Tops Forbes’ Ranking of Wealth Management Firms

Bethesda-based Chevy Chase Trust has been named the top wealth management firm in the country by Forbes

UBS Wealth Management Americas Partners with Mercer Investments to Expand Manager Research Offering

This relationship will provide the Investment Management Research team within UBS Financial Services with access to Mercer's 9,000 manager research opinions and performance analytics.

Wealth management firm expanding

An Edwardsville-based wealth management firm is breaking ground Tuesday on its second metro-east location

Ballentine Partners Opens Florida Office

Ballentine Partners, the Boston-based independent investment and wealth management firm, announced today the firm’s expansion into the Florida market with its new office

Some Merrill Lynch brokers not getting the referrals they had hoped for

Many of the Merrill Lynch full-service brokers who helped kick-start Bank of America’s Merrill Edge service five years ago are not getting the amount of referrals they had hoped for from the online discount brokerage

The Big Four

A Florida art collector was shipping $50 million in artwork from his southern home to New York City for an exhibition when the truck carrying the works broke down on the highway

Bank of the West Wealth Management Group Appoints New Regional Managers

As part of these appointments, the Wealth Management Group divided its West Coast regional structure into two separate regions

Accounting Firm Wealth Management Practices Often Severely Underperform

The wealth management practices of accounting firms have significant structural advantages to their competitors.

How to Bring In HNW Clients' Outside Assets

When high-net-worth clients open accounts with financial advisors, they rarely transfer 100% of their assets to be managed by the newly hired firm.

Wealth and Asset Management