Managers of Wealth Americas

Gibraltar Private Bank returns to profitability, loan quality improves

Gibraltar warned shareholders in its annual report that federal regulators notified it in February of their intent to hit it with a new enforcement action

Atlantic Trust recognized as a top U.S. wealth management firm

Atlantic Trust is committed to providing investment excellence along with the highest quality client experience.

Volcker rule catalyst for hedge fund development

William Michaelcheck, founder, partner, co-chief investment officer and chairman of Mariner Investment Group, believes the regulatory landscape has created significant opportunities for hedge funds

Legg Mason profit rises 51 pct

Asset manager Legg Mason Inc's net income rose 51 pct in the first quarter, driven by increased assets under management and lower operating expenses.

Ameriprise profit rises on wealth management unit

Ameriprise Financial Inc. said its earnings rose 16.5% as the financial-services company posted a strong performance in its advice and wealth-management unit.

Advisor Comp Up 8% at UBS Wealth Management Americas

UBS Wealth Management Americas saw profits slip 3% year-over-year, due in part to financial advisor compensation, according to the firm's latest earnings report.

JP Morgan questioned on private bank impropriety

Being transparent is part of our normal course of business and it's what drives our client communications

Former Bear Stearns chairman Greenberg dead at 86

Alan "Ace" Greenberg, the former chairman and chief executive officer of Bear Stearns Cos Inc, died on Friday at the age of 86 after a bout with cancer.

Cantor Fitzgeraled seeks global bolt-ons

Cantor Fitzgerald is looking to “aggressively” bulk up globally across asset management and investment banking, with the US brokerage setting its sights on acquisition targets on both sides of the Atlantic.

Financial Times Recognizes Convergent Wealth Advisors among Top Financial Advisors Nationally

Financial Times has distinguished Convergent Wealth Advisors as one of the Top 300 Registered Investment Advisers in the U.S. in the 2014 list.

Investors Want to Access Financial Advisor Profiles and Ratings

Investors are growing more interested in using mobile technology for financial purposes.

Morgan Stanley profits jump 46%

Wealth management pretax margin 21 pct vs 18.5 pct

Global Private Group has launched a new asset management company and alternative investment vehicles

Global Private Group Investments will support the global business activities of Global Private Group Investments Europe, the main asset manager of Global Private Group’s with approximately EUR35 billion of assets under management.

Schwab Reports Second Quarter Net Income Up 27% Year-Over-Year

"Wealth management capabilities are an important element of our contemporary full-service investing model," Mr. Bettinger

Northern Trust Corporation Reports Second Quarter Net Income of $181.9 Million

Wealth Management trust, investment and other servicing fees were $311.5 million, up $11.2 million, or 4%, from $300.3 million in the prior quarter

Private bank to acquire $4.3B RIA, creating $9B wealth management monster

Bank will establish a new, wholly owned subsidiary that will combine its existing wealth management business with that of Banyan Partners. Subject to regulatory approval and customary closing conditions, the transaction is expected to clos

Merrill Lynch Wealth profit strained by expenses

Bank of America's continuing investment in its Merrill Lynch wealth management business caused expenses in its global wealth sector to grow more quickly than revenue in the second quarter.

PNC Bank Boosts Investment Services Revenue

Strong growth in the investment services business of PNC Bank helped temper declines in lending and other units that rely on interest income

Stern Advice: I am woman, hear me roar

Is there a target on the back of my dress? Because it feels like there is a target on the back of my dress.

J.P. Morgan Alternative Asset Management named 'Manager of the Year'

With $11.4 billion under management (as of May 31, 2014), JPMAAM's Hedge Fund Solutions platform is comprised of commingled funds of funds as well as a substantial number of customized and advisory accounts.

Wealth and Asset Management