Managers of Wealth Americas

Half-billion Team Leaves AXA for Cambridge

An advisor team with nearly half a billion dollars under management has left independent broker-dealer AXA Equitable Financial Services for Cambridge Investment Research.

BNP Paribas Securities Opens New Office in Boston

BNP Paribas Corporate and Investment Banking is pleased to announce that its broker-dealer affiliate, BNP Paribas Securities Corp., has opened a new institutional sales office in Boston, MA.

Stifel's Global Wealth Management revenues up 15 percent from the year-ago

Global Wealth Management revenues for the fourth quarter rose 15 percent from the year-ago

Morgan Stanley signals a new openness to acquisitions

The investment bank executive, who oversees the firm’s wealth management franchise and its investment management business, says Morgan Stanley is open to making acquisitions to grow the $373-billion investment franchise known as Morgan Stanley Inves

BMO profit tops estimates on wealth management, domestic loans

Growth in the domestic bank was better than my expectations

SAC Returns Most Investor Capital in Shift to Family Office

SAC Capital Advisors LP returned almost all investor money as of the end of January and has shrunk its headcount to 850 people from 1,000, as the firm focuses on managing the private wealth of founder Steven Cohen.

Telemus acquires LA-based Concentric Capital

Telemus Capital Partners LLC, a wealth management firm based in Southfield, will announce Tuesday afternoon that it has acquired Los Angeles-based Concentric Capital LLC. Terms will not be disclosed.

Facing Retirement Wave, Firms Get Serious About Training New Advisors

Running up against the limits of a recruitment strategy based on swiping advisor talent from their competitors, leading wealth management firms are trying a new ploy: Growing their own.

Facing Retirement Wave, Firms Get Serious About Training New Advisors

Running up against the limits of a recruitment strategy based on swiping advisor talent from their competitors, leading wealth management firms are trying a new ploy: Growing their own.

HighTower Expands New York Presence With RJ Wealth Management

HighTower welcomes RJ Wealth Management as the newest member of the HighTower partnership.

Wells Fargo Breakaways Sign With Dynasty

Dynasty Financial Partners has won another round in the high-stakes battle for breakaway advisors.

Citi CEO Corbat gets $17.8m in 2013

Citigroup Inc Chief Executive Michael Corbat received a 23 per cent pay rise in 2013, his first full year after replacing Vikram Pandit at the helm, a regulatory filing on Thursday showed.

What It's Like Running Money For Some Of The Richest Families In The World

It seems like private banking never gets any respect – whether on this site, in random stories you read online, or even in interviews for other jobs.

Raymon James Financial Reports January Opening Statistics

In an effort to provide timely information to enable analysts and investors to stay better informed about the general trends in our major business segments, we are releasing selected operating statistics.

Sapient Private Wealth Management Adds Former RBC Financial Advisor

Sapient Private Wealth Management, a Eugene, Ore.-based RIA, today announced it has added former RBC financial advisor, Ross Anderle

The Global State of Family Offices

A family office is a private wealth management advisory firm that is established by an Ultra-UHNWI to manage their family's private wealth.

LPL Financial Welcomes Atlas Private Wealth Advisors to Broker-Dealer Platform

As of December 1, 2013, Atlas financial advisors supported brokerage and fee-based client assets totaling approximately $125 million.

Family Offices, Wealth Managers Face New and Looming Tax Changes

As tax season arrives, wealth managers and family offices throughout the U.S. find themselves grappling with how best to respond to recent and potential rule changes.

Raymond James Launches New Advisor Development Program for Registered Service Associates

The pilot program, which was launched at the end of 2013, aims to help address two compelling industry issues: attracting more women into the profession and providing potential successors for retiring advisors.

Jersey’s corporate, private equity and wealth management expertise showcased in Africa and North America

Jersey’s role as a specialist centre for wealth management, alternative fund and corporate listings work has been highlighted to audiences of senior finance professionals at a range of events in South Africa, the USA and Canada this month.

Wealth and Asset Management