Managers of Wealth Americas

Weighing risks from US legal limbo to French debt and UK uncertainty

Not only from US elections, including the possibility of a contested outcome, but also from French debt concerns and the upcoming UK Budget.

CG Wealth Management hits $40B asset threshold, sets sights on doubling that

Big investments in wealth management to continue, Canaccord Genuity Corp. CEO says

Lighthouse Wealth Tech Labs Partners with Surge Ventures to Accelerate Wealth Management Innovation

The collaboration is designed to address the growing needs of wealth management firms by leveraging the latest technology and innovative solutions.

Hightower Announces Strategic Investment in NEPC

Leading investment consultant will bolster Hightower’s access to institutional-quality investment research, alternative assets, and OCIO capabilities for the private wealth segment

The growing case for investing in AI through private markets

Companies will also “consolidate” as the market adopts industry standards.

Aretec Wealth Inc. Launches as Independent Wealth Management Firm in Canada

The firm is the latest venture from Keeley Simpson, who serves as Chief Executive Officer, Chief Compliance Officer, and Portfolio Manager.

Where can wealth managers find opportunity when assets are in flux?

Firms will come under increasing pressure to deliver best-in-class client experiences

US Treasury Scrutinizes Private Credit

At this point, although it is too early to tell what the consequences of closer scrutiny are even though a larger factor may already be out there having a deeper impact on activity.

UBS sells its 50% stake in Swisscard to American Express

After the deal, Amex will become the sole owner of Swisscard, with Credit Suisse customers transferring to the existing UBS credit card platform.

Morgan Stanley’s Portfolio Risk Platform Wins 2024 Digital Wealth Management Impact Innovation Award

The Firm’s Portfolio Risk Platform has been recognized by Datos Insights for Advisor Enablement

Where can wealth managers find opportunity when assets are in flux?

In other words, one in four wealth management clients around the world expect to move a material slice of their wealth between providers by the end of 2025.

Citizens Private Bank welcomes team in Boca Raton

A team at Citizens Private Bank is added to the workforce in Boca Raton.

Danske Bank Implements Broadridge’s Global Proxy Voting Solution to Enhance Investor Services

The implementation extends the trusted strategic relationship between Danske Bank and Broadridge.

Morgan Stanley Posts Record New Wealth Revenue in Q3

Wealth revenue is up 14% on the year, however, net interest income slightly decreased due to “lower average sweep deposits.”

UBS Financial Advisor Warren Coughlin Named to the Forbes Top Next-Gen Best-in-State Wealth Advisor List

This is Warren's third inclusion on the list.

Merrill Earnings Highlight Size of New Clients, Not Quantity

In the third quarter, the wirehouse doubled the number of net new clients with $10 million or more in assets from a year ago.

Head of Fidelity-Owned Group of 1,700 Family Offices Departs

The US fund giant plans in coming months to announce a new head of the group, whose membership includes more than 1,700 family offices

Citigroup Inc Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Mixed Performance

The wealth management division saw revenues increase by 9%, with client investment assets growing by 24%.

Wealth Managers Call on Asset Managers to Bolster Product Specialist Talent, New MMI-Broadridge Survey Reveals

74% of wealth managers urge an increase in product specialists from asset managers

Latin America: The New Wealth Battleground

Multinational and behemoth private banks increasingly view Latin America as a cornerstone of their growth strategy.

Wealth and Asset Management