11/02/2023
Callan Family Office and Insights Squared Consulting Group Announce Unique Collaboration
The new program builds on Callan Family Office’s commitment to helping families address the personal dimensions of managing substantial wealth.
Wealth and Asset Management
11/02/2023
Rockefeller Asset Management Launches Fifth Equity UCITS Fund, Expands Small Cap Investment Solutions to Non-U.S. Investors
The Fund promotes environmental and social characteristics pursuant to Article 8 of the Sustainable Finance Disclosure Regulation ("SFDR").
11/02/2023
Will Goldman Sachs’s big bet on wealth management work?
David Solomon is counting on the newly merged division to close the bank’s valuation gap — and secure his job
11/02/2023
Marilyn Suey, Founder of The Diamond Group Wealth Advisors Named 2023 Five Star Wealth Manager
The Five Star Wealth Manager award program is the largest and most widely published award program in the financial services industry.
11/02/2023
$15B RIA Sequoia Launches Family Office
Sequoia Sentinel represents about 55% of the firm’s assets and serves clients with a minimum of $20 million.
11/02/2023
Dakota Wealth Management Acquires JMG Wealth Management Group
Strategic acquisition adds second office in Pennsylvania and first in South Carolina; AUM nears $4 billion mark
11/02/2023
McDermott Gall Wealth Management Joins Osaic
Former Raymond James Firm with $215 Million in Client Assets Joins GCG Advisory Partners, One of Osaic's Largest Independent Partners.
11/01/2023
Opportunities in high quality bonds
For selective buyers willing to withstand the year-end volatility, the current environment still provides a good opportunity to lock-in attractive yields on tax-exempt municipal bonds.
11/01/2023
Mercer Advisors Acquires Singh Advisory, LLC
Expanding Mercer Advisors' Colorado Presence
11/01/2023
Choreo Announces Acquisition of Wealth Management Business from BDO
Purchase Brings Approximately $8.1B in Assets Under Management or Advisement to Choreo and Expands the Firm's Leadership Within the CPA Community
10/31/2023
HSBC could increase bonuses by $300m this year
Last year's HSBC bonus pool was $3.36bn, so the implication is that this year's bonus pool will be up nearly 9%.
10/31/2023
Wealth management leaders to study future of the industry
Forward-looking study will analyze how worldwide shifts in investor demographics and needs are expected to transform the wealth industry
10/31/2023
Can the rise in yields continue?
US government bond yields, especially on longer-dated debt, hit multi-year highs in October.
10/30/2023
Morgan Stanley Gives All Three CEO Contenders Special Bonuses of $20 Million
The committee granted the awards in acknowledgment of the board’s assessment of the criticality to the continued success of Morgan Stanley of ensuring that each executive continues their outstanding leadership in their new roles.
10/30/2023
The ‘great wealth transfer’ isn’t $72 trillion but $129 trillion, BofA says—and the government gave most of it to baby boomers
The investment bank isn’t alone in coming to this conclusion.
10/30/2023
Other Capital Sources Have Stepped in Amid the Small Bank Retreat on Real Estate Lending
We talked to MSCI’s Jim Costello about where we are in the commercial real estate cycle and who’s been picking up the smaller banks’ business.
10/27/2023
Ameriprise sees wealth management growth despite slowing inflows
Also reporting its results Wednesday, St. Louis-based Stifel said it had to set aside $67 million in the third quarter for legal charges mainly arising from a similar probe.
10/27/2023
JP Morgan Asset Management Ramps Up Offerings Aimed at Wealth Channel
JP Morgan Asset Management Ramps Up Offerings Aimed at Wealth Channel
10/27/2023
Fiduciary Trust expands its $94B firm to ‘Wall Street South’
The Franklin Templeton subsidiary says the South Florida market is an important one.
10/26/2023
SEI Reports Third-Quarter 2023 Financial Results
Third-quarter 2022 results included one-time costs of the voluntary separation program of $57.0 million resulting in $0.32 diluted earnings per share.